Tag: brent crude oil prices
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 extends losses after easing supply concerns counter Middle East risk premium; Brent at $82/bbl
Also Read: Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity? Brent crude futures dropped [Read more about this post…]
Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?
Brent crude futures for July were last down 29 cents, or 0.35 per cent, to $83.38 a barrel. US West Texas Intermediate crude for June [Read more about this post…]
Oil trades near one-month low over demand concerns despite Iran-Israel war; Brent at $89/bbl
Oil prices slipped more than $1 on Wednesday, April 17, as US commercial inventories rose, while weaker economic data from China and dampened prospects of [Read more about this post…]
Despite rising Iran-Israel tensions, crude oil prices hold steady – here’s why
Any disruption to oil production or transportation infrastructure in this region could lead to supply shortages, thereby impacting global oil prices. As per recent statistics, [Read more about this post…]
Week Ahead: Q4 Results, macro data, Israel-Iran conflict, global cues among key market triggers this week
Despite touching fresh lifetime high levels, domestic equity benchmarks settled flat last week as investors’ hope for a June rate cut were dashed by higher-than-expected [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…]
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…]
OPEC+ Meeting Tomorrow: Oil producers unlikely to change output policy on April 3 after crude hits 2024-high
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) will conduct its joint ministerial monitoring committee meeting (JMMC) on Wednesday, April 3, led by [Read more about this post…]
