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Brent crude futures News
Brent crude futures
Oil prices fall as soaring US output mars OPEC bid to tighten markets
Thu, Feb 08, 2018
In fact, the OPEC-led restraint was arguably the biggest enabler for America`s production boom, handing over market share at higher oil prices.
Oil falls below $69 as stronger dollar dents risk assets
Tue, Jan 30, 2018
European stock markets were firmly in negative territory after a recovering dollar and a drop in shares of Apple sent Wall Street to its largest one-day fall in five months the previous day.
Uptrend in crude oil price may further impact India's fiscal position
Wed, Jan 10, 2018
Given the negative balance on Petro account, CARE stated that higher prices of crude oil will increase the trade deficit and put pressure on the rupee.
Oil prices edge up on lower US rig count, but below recent highs
Mon, Jan 08, 2018
U.S. West Texas Intermediate (WTI) crude futures were at $61.61 a barrel at 0209 GMT, 17 cents, or 0.3 percent, above their last settlement, and not far off the $62.21 May 2015 high reached last week.
Oil eases as traders and investors grow edgy ahead of OPEC meet
Mon, Nov 20, 2017
Brent crude futures were at $62.37 per barrel by 1002 GMT, down 35 cents on the day, while U.S. West Texas Intermediate (WTI) crude futures were down 7 cents at $56.48 a barrel.
Crude oil eases for second day on rising U.S. inventories
Thu, Apr 13, 2017
Crude oil futures slid for a second session on Thursday, moving away from a one-month high touched in the last session as rising U.S. inventories stoked worries about global oversupply.
Oil prices rise on prospect that Saudi Arabia seeking output cut extension
Wed, Apr 12, 2017
Oil prices rose on Wednesday, putting crude futures on track for their longest streak of gains since August 2016, as Saudi Arabia was reported to be lobbying OPEC and other producers to extend a production cut beyond the first half of 2017.
Oil hits 5-week top on geopolitical tensions, strong demand
Tue, Apr 11, 2017
Crude oil climbed to a five-week high on Tuesday, with prices underpinned by tensions following a U.S. missile strike on Syria and a shutdown at Libya`s largest oilfield. Additional support also came from expectations of strong demand as the U.S. summer driving season kicks in.
Oil prices fall on rising U.S. crude stocks, OPEC output concerns
Wed, Dec 14, 2016
Oil prices fell on Wednesday following a reported rise in U.S. crude inventories and an estimate that OPEC may have produced more crude in November than previously thought, potentially undermining a planned output cut.
Oil prices fall as strong dollar wipes out OPEC cut optimism
Fri, Nov 18, 2016
Oil prices fell in early trading on Friday as the strengthening U.S. dollar snuffed out rekindled hopes that OPEC might agree production cuts. International Brent crude oil futures were trading down 13 cents at $46.36 per barrel at 0445 GMT, from their last close.
Asian shares firm in countdown to China data
Wed, Oct 19, 2016
Asian shares inched ahead on Wednesday after Wall Street got a lift from encouraging corporate earnings and investors wagered an imminent barrage of Chinese data would confirm the economy had at least stabilised.
Oil prices fall on higher OPEC output, U.S. crude stocks
Thu, Oct 13, 2016
Oil prices fell on Thursday after OPEC said that its production had risen to its highest level in at least eight years and following reports of an increase in U.S. crude stockpiles.
Oil up as Venezuela sees output deal, Libya suffers clashes
Mon, Sep 19, 2016
Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non-OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted.
Oil rises on smaller-than-expected build in U.S. crude stocks
Wed, Sep 14, 2016
Oil prices rebounded in Asian trade on Wednesday after falling by as much as 3 % in the previous session, as data from an industry group showed a smaller-than-expected build in U.S. crude stocks.