Tag: brent crude prices
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…]
Week Ahead: Q4FY24 Results, FII activity, macro data, global cues among key market triggers this week
The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global [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…]
Crude oil prices jump 4% on reports of Israel strikes on Iran; Brent crude above $90 a barrel
Crude oil prices jumped over 4% as conflict in the Middle East intensified, with Brent rallying above $90 a barrel in a sudden move higher. [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…]
Russia’s crude oil exports at 11-month high in April, crosses OPEC target to support prices
The less volatile four-week average also rose sharply, climbing to the highest since early June. Weekly shipments were well above a target for this month [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…]
