Tag: brent crude price
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 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 prices steady after sharp decline last week, Brent crude at $77.43 bbl
Oil prices remained steady on Monday, February 5, as a strong U.S. job report which curbed sharp falls last week dampened hopes of swift rate [Read more about this post…]
Week Ahead: RBI Policy, Q3 Results, macro data, global cues among key market triggers this week
Domestic equity benchmarks BSE Sensex and Nifty 50 logged their best week in 2024 so far, as the government’s fiscal prudence in Interim Budget 2024 [Read more about this post…]
Oil prices rise on OPEC meet, US signals on interest rate cuts; Brent at $81/bbl
Oil prices edged higher on Thursday, February 1, boosted by the US Federal Reserve signalling a possible start to interest rate cuts in coming months. [Read more about this post…]
Oil settles at 2-month high on US macro data; Brent, WTI score biggest weekly gain since Israel-Hamas war
Brent crude futures rose $1.12, or 1.4 per cent, to settle at $83.55 a barrel, their highest close since November 30. US West Texas Intermediate [Read more about this post…]
Oil prices rise 2% driven by Red Sea tensions, US crude stock draw; Brent reaches $81/bbl
Oil prices rose on Thursday, January 25, after data showed US crude stockpiles fell more than expected last week and a fresh attack by Houthi [Read more about this post…]
Oil prices rise on US crude withdrawal, China economic stimulus; Brent nears $80/bbl
Oil prices edged up on Wednesday as a bigger-than-expected US crude storage withdrawal, Chinese economic stimulus and geopolitical tensions countered concerns over tepid demand. China’s [Read more about this post…]
Oil pares gains as traders assess mixed signals on supply after IEA, OPEC revisions; Brent back to $79/bbl
Oil prices fell on Tuesday, January 23, paring some of the previous day’s gains, as traders weighed rising crude supply in Libya and Norway against [Read more about this post…]
Oil prices rise on geopolitical tensions, world’s uncertain growth outlook; Brent settles at $79.46
The oil prices witnessed a marginal jump on Monday as the conflict in the Middle East displayed no signs of easing and the drone strikes [Read more about this post…]
