Tuesday, Jan 25, 2022 | Last Update : 11:04 PM IST

OPEC Page-4

Oil rises as Middle East tensions mounts, set for weekly gains

Brent crude futures were at USD 73.00 a barrel at 0303 GMT, up 38 cents, or 0.5 per cent.

17 May 2019 9:56 AM

Oil prices ease on surprise rise in US stockpiles, but Middle East tensions support

WTI crude futures were at USD 61.39 per barrel, down 39 cents, or 0.6 per cent.

15 May 2019 9:56 AM

Oil prices mixed amid US-China trade impasse

Brent crude futures were at USD 70.73 a barrel, up 11 cents, or 0.2 per cent, from their last close.

13 May 2019 9:21 AM

India to stop importing oil from Iran; make up lost volumes from alternate sources

India is likely to press with the US government for continuation of beyond its expiry on May 2.

23 Apr 2019 2:16 PM

US to end all waivers on imports of Iranian oil, crude price jumps

United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.

23 Apr 2019 12:12 PM

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Oil near 2019 highs after US ends all Iran sanction exemptions

WTI crude futures hit their highest level since October 2018 at USD 65.95 per barrel before edging back to USD 65.89.

23 Apr 2019 9:54 AM

Oil prices soar by about 3 per cent as plans US end to Iran sanction waivers

Brent crude futures rose as much as 3.3 per cent to USD 74.31 a barrel, the highest since November.

22 Apr 2019 10:54 AM

Oil prices extend losses despite surprise drop in US inventories

US West Texas Intermediate (WTI) crude futures were at USD 63.67 per barrel, down 9 cents, or 0.1 per cent.

18 Apr 2019 9:10 AM

Indian refiners turn to OPEC, Mexico, US to make up Iran oil gap

Refiners have not yet placed orders for Iranian oil for May, when current waiver expires, pending clarity from US.

17 Apr 2019 4:55 PM

Oil prices extend losses as oversupply worries drag

US West Texas Intermediate (WTI) crude futures were at USD 63.32 per barrel, down 8 cents, or 0.13 per cent.

16 Apr 2019 10:57 AM

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Oil prices firm amid OPEC supply cuts, US sanctions on Iran and Venezuela

China and India comprise nearly 55 per cent of global demand growth.

12 Apr 2019 10:27 AM

Saudi oil cuts deeper than promised: International Energy Agency

The Paris-based IEA said production by OPEC kingpin Saudi Arabia dropped to its lowest level in two years in March.

11 Apr 2019 6:11 PM

Oil slips from 5-month highs as economic worries counter tight market

International benchmark Brent futures touched their strongest level since last November at USD 71.34 per barrel.

09 Apr 2019 9:34 AM

Saudi minister says oil market headed for 'balance'

Saudi Energy Minister Khalid al-Falih said he did not "think we need to" when asked if kingdom was prepared to make additional cuts.

08 Apr 2019 3:38 PM

Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC': sources

At the current price of USD 70 per barrel, the annual value of global oil output is USD 2.5 trillion.

05 Apr 2019 8:48 AM

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Oil prices set for biggest first-quarter gain since 2009 on US sanctions

Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.

29 Mar 2019 11:16 AM

Oil prices edge higher, but future demand concerns cap gains

Prices have risen more than 25 per cent this year, supported by supply curbs by the OPEC.

27 Mar 2019 12:00 PM

Crude oil futures slip 0.22 pc on weak global trend

At Multi Commodity Exchange, crude oil for delivery in April traded Rs 9, or 0.22 per cent, lower at Rs 4,066 per barrel in 7,452 lots.

25 Mar 2019 12:41 PM

Reliance selling fuels from India to Venezuela to avoid US sanctions

Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela though its US-based subsidiary.

21 Mar 2019 8:57 AM

Oil near 2019 highs on OPEC supply cuts, US sanctions

Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.

19 Mar 2019 10:44 AM

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