Tag: crude oil prices today
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…]
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…]
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 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…]
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…]
Week Ahead: RBI Policy, auto sales, Q4 updates, global cues among key market triggers in first week of FY25
With the opening of the new fiscal, investors will eye a host of stock market triggers in the first week of FY25, including the including [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…]