Tag: brent crude futures
Oil trades higher after US crude inventories register sharp fall, dollar caps gains; Brent at $83/bbl
Oil prices rebounded and traded higher on Wednesday, May 9, after the US oil storage data showed a larger-than-expected draw in crude stockpiles as refiners [Read more about this post…]
Oil rises on Saudi Arabia’s decision to hike prices, brent crude at $83.39/bbl
Oil futures saw an increase on Monday following Saudi Arabia’s decision to raise June crude prices for most regions. Additionally, concerns grew over the possibility [Read more about this post…]
Oil prices decline amid Israel-Hamas peace talks, Fed rate cut expectations
Oil prices dropped by over $1 per barrel on Monday due to ceasefire talks between Israel and Hamas in Cairo, which alleviated concerns about a [Read more about this post…]
Oil extends losses on easing Middle East tensions, slower US biz activity; Brent steady at $88/bbl
Oil prices were moderately lower on Wednesday, April 24, as worries over conflict in the Middle East eased and business activity in the world’s largest [Read more about this post…]
Morgan Stanley hikes Q3 outlook to $94 on geopolitical tensions as Brent hovers over $90/bbl
Morgan Stanley has raised its Brent crude oil price forecast for the third quarter of this year by $4 per barrel to $94, citing geopolitical [Read more about this post…]
Oil stabilises after surging over 4% last week; brent crude at $91.01/bbl
The global oil benchmark Brent stabilized above $91 per barrel on Monday, paring back initial declines triggered by Israel’s withdrawal of additional troops from Gaza [Read more about this post…]
Explained | Why are crude oil prices elevated after OPEC+ policy decision and how will it impact India?
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) conducted its joint ministerial monitoring committee meeting (JMMC) earlier this week and kept the supply [Read more about this post…]
Oil prices decline over caution on US Fed interest rates, Iran sanctions; Brent at $88/bbl
Global crude oil prices dropped on Thursday, April 4, as caution over global macroeconomic activity weighed against the supply output cuts as well as geopolitical [Read more about this post…]
Oil prices continue to gain amid worries about supply disruptions; brent crude at $89.76/bbl
Oil prices continued their upward trajectory amid investor apprehensions regarding potential disruptions in supply due to escalating geopolitical tensions, on Wednesday. However, some of these [Read more about this post…]
Oil rises over $1 on tighter supply, stays on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March 28, after falling for two consecutive sessions ahead of [Read more about this post…]
