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Brent Crude

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Oil jumps 1% after Houthis attack on fuel tanker in Red Sea

Mon, Jan 29, 2024

Brent crude oil price news: Brent crude futures climbed 83 cents to $84.38 a barrel by 2341 GMT after hitting a session-high of $84.80. U.S. West Texas Intermediate crude rose 78 cents to $78.79 a barrel.

Oil prices ease in early trading; set to post weekly gains

Oil prices ease in early trading; set to post weekly gains

Fri, Jan 26, 2024

Brent crude futures eased 32 cents, or 0.39 per cent, to $82.12 a barrel by 01:15 GMT. US West Texas Intermediate crude fell 41 cents, or 0.5 per cent, to $76.95.

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Thu, Jan 25, 2024

Brent crude oil price news: The March contract for Brent crude gained 20 cents, 0.3 per cent, to $80.24 a barrel as at 0128 GMT. US West Texas Intermediate crude climbed 22 cents, or 0.3 per cent, to $75.31 a barrel.

TRENDING NOW

Oil falls on prospect of Iran oil sanctions easing

Oil falls on prospect of Iran oil sanctions easing

Fri, Feb 18, 2022

Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply.

Oil slides after France and Iran say closer to a nuclear deal

Oil slides after France and Iran say closer to a nuclear deal

Thu, Feb 17, 2022

Oil slid more than 2% in early Asian trade on Thursday after both France and Iran said parties are closer to an agreement to salvage Iran`s 2015 nuclear deal with world powers, offsetting ongoing concerns over the situation in Ukraine.

Crude oil highest in last 7 years, aluminium at 13-year high - know what is boiling in the commodity markets?

Crude oil highest in last 7 years, aluminium at 13-year high - know what is boiling in the commodity markets?

Tue, Feb 15, 2022

While the equity markets have witnessed losses across the globe, the commodity markets are not without high action. Crude oil is at a 7-year high, Ashish Chaturvedi, Research Analyst at Zee Business reports.

Oil falls on profit-taking, all eyes on Russia, Ukraine

Oil falls on profit-taking, all eyes on Russia, Ukraine

Tue, Feb 15, 2022

Oil prices fell on Tuesday as investors took profits from the previous day`s rally to seven-year highs and as global stock markets slumped, although losses were capped by fears that Russia might invade Ukraine and disrupt supplies.

Oil prices jump more than 1% to 7-year highs on supply jitters

Oil prices jump more than 1% to 7-year highs on supply jitters

Mon, Feb 14, 2022

Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger U.S. and European sanctions that would disrupt exports from the world`s top producer in an already tight market.

Oil prices steady as investors eye US-Iran nuclear talks

Oil prices steady as investors eye US-Iran nuclear talks

Thu, Feb 10, 2022

Oil prices were mixed on Thursday, after rallying on an unexpected drop in U.S. crude inventories in the previous session, as investors await the outcome of U.S.-Iran nuclear talks that could add crude supplies quickly to global markets.

Oil falls after signs of progress in U.S.-Iran nuclear talks

Oil falls after signs of progress in U.S.-Iran nuclear talks

Mon, Feb 07, 2022

Oil prices fell on Monday on expectations the U.S.-Iran talks may be nearing a conclusion on reviving a deal restricting the OPEC country`s nuclear weapons development, which would raise crude supply, though global supply concerns capped losses.

Russia-Ukraine crisis may hit Crude oil price further up by USD 10, expert opines; see intraday trading strategy

Russia-Ukraine crisis may hit Crude oil price further up by USD 10, expert opines; see intraday trading strategy

Fri, Feb 04, 2022

Kunal Shah of Nirmal Bang said that the prices may go up further by USD 10 if US imposes sanctions of Russia. He said that the Russia-Ukraine crisis is building a premium on crude prices. He said that the Geo-political tension is playing a bigger role than the US weather

Oil prices take a breather as OPEC+ sticks to output plans

Oil prices take a breather as OPEC+ sticks to output plans

Thu, Feb 03, 2022

Oil prices eased on Thursday following weak U.S. payrolls data and some profit taking, but remained underpinned by tight supply as OPEC+ producers stuck to planned moderate output increases.

Oil rises, hovers near 7-year highs on supply fears, political risks

Oil rises, hovers near 7-year highs on supply fears, political risks

Mon, Jan 31, 2022

Oil rose 1% on Monday, hovering near 7-year highs hit in the previous session, amid concerns over tight supply as well as geopolitical tensions in Eastern Europe and the Middle East.

Oil falls on profit-taking after Brent surges to $90 a barrel

Oil falls on profit-taking after Brent surges to $90 a barrel

Thu, Jan 27, 2022

Oil prices fell on Thursday as investors cashed in profits from the 2% gains in the previous session after the U.S. Federal Reserve indicated an interest rate hike in March, leading to a technical correction in surging energy markets.

Oil dips on profit-taking ahead of Fed update

Oil dips on profit-taking ahead of Fed update

Wed, Jan 26, 2022

Oil prices eased on Wednesday as investors booked profits ahead of an update from the U.S. Federal Reserve, although fears over tighter supply amid tensions in Ukraine and the Middle East capped losses.

Oil prices rise on supply disruption jitters as geopolitical tensions grow

Oil prices rise on supply disruption jitters as geopolitical tensions grow

Tue, Jan 25, 2022

Oil prices climbed on Tuesday, regaining some of the ground lost in the previous day`s sharp losses, on concerns over possible supply disruptions amid rising geopolitical tensions in both Eastern Europe and the Middle East.

Oil prices climb 1% on fears of tighter supply

Oil prices climb 1% on fears of tighter supply

Mon, Jan 24, 2022

Oil prices jumped on Monday as geopolitical tensions in Eastern Europe and the Middle East heightened concerns about an already tight supply outlook, while OPEC and its allies continued to struggle to raise their output.

Oil falls as U.S. inventory build prompts profit-taking

Oil falls as U.S. inventory build prompts profit-taking

Fri, Jan 21, 2022

Oil prices plunged on Friday, after rising to seven-year highs this week, as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally.

OPEC's share of Indian oil imports falls to lowest in at least 15 years

OPEC's share of Indian oil imports falls to lowest in at least 15 years

Fri, Jan 21, 2022

OPEC`s share of Indian oil imports fell in 2021 to the lowest in more than a decade despite a 4% rebound in annual crude purchases by the world`s third biggest oil importer, data obtained from industry sources showed.

Crude oil prices hit 7-year highs on Monday amid supply disruptions; UAE attack fuels concerns

Crude oil prices hit 7-year highs on Monday amid supply disruptions; UAE attack fuels concerns

Tue, Jan 18, 2022

Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook.

Oil rises to more than 7-year high on Mideast tensions

Oil rises to more than 7-year high on Mideast tensions

Tue, Jan 18, 2022

Oil prices rose on Tuesday to a more than seven-year high on worries about possible supply disruptions after Yemen`s Houthi group attacked the United Arab Emirates, escalating hostilities between the Iran-aligned group and a Saudi Arabian-led coalition.

Oil extends rally on supply tightness, Brent at more than 3-year high

Oil extends rally on supply tightness, Brent at more than 3-year high

Mon, Jan 17, 2022

Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output by major producers with global demand unperturbed by the Omicron coronavirus variant.

Oil resumes climb on renewed risk appetite, tight OPEC supply

Oil resumes climb on renewed risk appetite, tight OPEC supply

Tue, Jan 11, 2022

Oil prices rose on Tuesday after two days of losses, with some risk appetite returning as the market awaited clues from the U.S. Federal Reserve chairman on potential rate rises and as some oil producers continued to struggle to beef up output.

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