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NYMEX Crude oil

Crude oil price falls more than 5% amid mounting recession concern, China Covid cases: Anil Singhvi sheds light

Crude oil price falls more than 5% amid mounting recession concern, China Covid cases: Anil Singhvi sheds light

Thu, Jan 05, 2023

Crude Oil Price: Singhvi said that the Organisation of the Petroleum Exporting Countries (OPEC) had tried controlling the supply to hike Crude Oil prices but that did not work. He said that the price did not cross $100 barrel.

Oil price falls 2 pct on US stimulus impasse, stockpile rise

Oil price falls 2 pct on US stimulus impasse, stockpile rise

Thu, Oct 08, 2020

Oil prices fell nearly 2% on Wednesday after U.S. President Donald Trump dashed hopes for another stimulus package to boost the coronavirus-hit economy and after U.S. crude inventories rose in the most recent week.

Oil prices slide as Trump cancels aid talks, US crude stocks expand

Oil prices slide as Trump cancels aid talks, US crude stocks expand

Wed, Oct 07, 2020

Oil prices slipped on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy.

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Oil prices ease on dim economic outlook despite signs of strong demand

Oil prices ease on dim economic outlook despite signs of strong demand

Wed, May 20, 2020

Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.

Oil prices lifted for fourth day on hopes of output cuts and demand pick-up

Oil prices lifted for fourth day on hopes of output cuts and demand pick-up

Tue, May 19, 2020

Brent crude climbed $0.85, or 2.4%, to $35.66 a barrel by 0033 GMT, after touching its highest since April 9.

Crude oil prices climb as Saudi Arabia pledges further production cut

Crude oil prices climb as Saudi Arabia pledges further production cut

Tue, May 12, 2020

Oil price futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market.

Oil prices rise 5 pct in second weekly gain on output cuts, demand hopes

Oil prices rise 5 pct in second weekly gain on output cuts, demand hopes

Sat, May 09, 2020

Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low.

Oil prices rise on hopes that easing of coronavirus curbs will trigger demand boost

Oil prices rise on hopes that easing of coronavirus curbs will trigger demand boost

Fri, May 08, 2020

Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up.

Oil prices rise as US inventories grow less than feared while Coronavirus slashes demand

Oil prices rise as US inventories grow less than feared while Coronavirus slashes demand

Thu, May 07, 2020

Oil prices rose on Thursday after US inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand.

Oil prices fall as rising US inventories reassert supply concerns

Oil prices fall as rising US inventories reassert supply concerns

Wed, May 06, 2020

Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after US crude inventories rose more than expected amid a slump in demand caused by restrictions to halt the coronavirus spread.

Oil price up 3% as countries ease lockdowns, production falls

Oil price up 3% as countries ease lockdowns, production falls

Tue, May 05, 2020

Oil price was up 3% on Monday as more countries announced they would begin easing coronavirus lockdowns and as crude supply cuts by the world`s top producing nations and companies take hold.

Crude Oil prices climb as storage fills less rapidly than feared

Crude Oil prices climb as storage fills less rapidly than feared

Wed, Apr 29, 2020

Oil prices climbed on Wednesday, trimming some of this week`s steep losses after U.S. stockpiles rose less than expected and hopes grew for demand to pick up.

Oil price tumbles as world's storage tanks fill up amid demand shock

Oil price tumbles as world's storage tanks fill up amid demand shock

Tue, Apr 28, 2020

Oil prices slumped on Tuesday, extending the previous session`s slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased.

Oil prices recover ground after market turmoil fuels price plunge

Oil prices recover ground after market turmoil fuels price plunge

Wed, Apr 22, 2020

Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak.

After historic plunge below $0, US crude oil futures turn positive, Brent dips

After historic plunge below $0, US crude oil futures turn positive, Brent dips

Tue, Apr 21, 2020

U.S. oil prices recovered on Tuesday to trade in positive territory after sinking below $0 for the first time ever, but international benchmark Brent dipped as demand for crude slumps amid the coronavirus pandemic.

Shocking! US oil prices crash 300 per cent, turn negative for the first time in history

Shocking! US oil prices crash 300 per cent, turn negative for the first time in history

Tue, Apr 21, 2020

US oil prices turned negative on Monday for the first time in history. West Texas Intermediate crude for May delivery shed more than 300 per cent to settle at -37.63 USD per barrel on the New York Mercantile Exchange.

Oil price today: Crude crashes to 18-year low of around $17 per barrel; know why

Oil price today: Crude crashes to 18-year low of around $17 per barrel; know why

Wed, Apr 15, 2020

Oil Price Today: Crude oil price today hit 18-year low as the oil price in international market crashed around $17 per barrel.

Oil Price Today: Crude rises after US, Russia agree to oil market talks

Oil Price Today: Crude rises after US, Russia agree to oil market talks

Tue, Mar 31, 2020

Oil Price Today: Brent crude was up by 19 cents, or 0.8%, at $22.95 a barrel by 0051 GMT, after closing at $22.76 in the previous session, the lowest close since November 2002.

Oil price flat; Coronavirus impact offsets Libya supply disruptions

Oil price flat; Coronavirus impact offsets Libya supply disruptions

Wed, Feb 19, 2020

Oil prices were near flat on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China

WTI Crude: Oil prices gain on Libya, Iraq supply worries

WTI Crude: Oil prices gain on Libya, Iraq supply worries

Tue, Jan 21, 2020

Brent crude was trading up 11 cents, or 0.2%, at $65.31 per barrel by 0101 GMT. U.S. West Texas Intermediate crude futures were up 20 cents, or 0.3%, at $58.74 a barrel.

WTI Crude: Oil prices hold gains after US inventory drawdown

WTI Crude: Oil prices hold gains after US inventory drawdown

Thu, Aug 29, 2019

WTI Crude: Oil prices clung to gains on Thursday after official data confirmed a big drop in US crude inventories, helping ease concerns about weakening demand.

WTI Crude: Oil prices rise after Trump says China trade deal likely

WTI Crude: Oil prices rise after Trump says China trade deal likely

Tue, Aug 27, 2019

WTI Crude: Oil prices rose on Tuesday after US President Donald Trump said he expected to sign a trade deal with China.

WTI Crude: Oil steadies as Saudi, Kuwait signals offset demand fears

WTI Crude: Oil steadies as Saudi, Kuwait signals offset demand fears

Tue, Aug 13, 2019

WTI Crude: Oil prices were little changed on Monday as expectations that producers would continue to reduce global supplies due to the US-China trade war.

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