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Brent crude oil prices
Oil extends decline after Iran, world powers set date for nuclear talks
Thu, Nov 04, 2021
Oil prices extended declines on Thursday, pushing U.S. futures below $80 a barrel, after Iran and world powers agreed to resume nuclear talks this month that could lead to the removal of U.S. sanctions on Iranian oil, increasing global supplies.
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Oil prices on the march again in tight market; U.S. crude at 7-yr high
Mon, Oct 25, 2021
Oil prices rose on Monday, extending pre-weekend gains, with U.S. crude hitting a seven-year high as global supply remained tight amid strong demand worldwide as economies recover from coronavirus pandemic-induced slumps.
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Oil falls on fears inflation may dent fuel demand growth
Wed, Oct 13, 2021
Oil prices dropped on Wednesday, after a mixed finish in the previous session, amid worries that soaring coal and natural gas prices in China, India and Europe will stoke inflation and slow global growth, reducing oil demand.
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Oil falls after blistering run amid global energy crisis
Tue, Oct 12, 2021
Oil prices fell for the first time in four days after weeks of gains fuelled by a rebound in global demand that is contributing to energy shortages in economies from Europe to Asia. Brent crude was down 26 cents, or 0.3%, at $83.39 a barrel at 0211 GMT, after touching three-year highs on Monday on the way to a 1.5% advance.
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Oil prices rise after OPEC+ holds firm on supply restraint
Tue, Oct 05, 2021
Oil prices climbed on Tuesday, hitting their highest levels in at least three years, extending gains triggered during the previous session after the world’s major oil producers announced they had decided to keep a cap on crude supplies.
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Global oil prices rise to multi-month high levels over falling US inventories, rising demand
Mon, Sep 27, 2021
Crude oil futures increased on Monday over dwindling inventories with US stockpiles near a three-year low while demand picking up rapidly post the pandemic waves and projections suggesting that it would be stronger than expected in the near term.
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Oil firms as China's slowdown not as steep as some expected
Mon, Jan 21, 2019
Oil prices firmed on Monday after data showed China`s economic slowdown was not as big as some analysts had expected, with supply cuts led by the Organization of the Petroleum Exporting Countries also offering support.
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Fuel prices today: Petrol, diesel prices unchanged; check rates in Delhi, Mumbai, other cities
Wed, Jan 02, 2019
Oversupply of crude oil, possible US economic slowdown in 2019 are the major reasons responsible for consistent correction in prices of crude. Stability in the rupee, since a month and consistent fall in crude is positive for the Indian economy.
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Petrol, diesel prices witness downward trend in past 6 weeks; Check today’s rates in Delhi, Mumbai, Bengaluru, Chennai, Kolkata
Fri, Nov 30, 2018
As crude oil prices falling to year-low levels, petrol and diesel rates have been falling down continuously since the last 45 days. According to petrol, diesel price chart of last six weeks, petrol price is down by about Rs 10 per litre and diesel by about Rs 8. The consumers no doubt are feeling a sigh of relief as it had a cascading effect leading to price rise of other items.
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Oil prices rise on Iran sanctions, lower US fuel inventories
Thu, Aug 30, 2018
Brent has risen by almost 10 percent over the past two weeks on widespread perceptions that the global oil market is tightening and could run short in the next few months as U.S. sanctions restrict crude exports from Iran.
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Oil rises as Saudi output dips, US drilling stalls
Mon, Aug 06, 2018
Spot Brent crude oil futures were at $73.42 per barrel at 0653 GMT on Monday, up 21 cents, or 0.3 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were up 19 cents, or 0.3 percent, at $68.68 barrel.
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Oil prices drop on oversupply concerns as OPEC output increases in July
Tue, Jul 31, 2018
September Brent crude futures fell 25 cents, or 0.3 percent, to $74.72 a barrel by 0654 GMT after rising nearly 1 percent on Monday. The September contract expires later on Tuesday and the more-active October contract was down 0.3 percent at $75.35.
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Brent crude prices edge lower but on course for weekly gain
Fri, Jul 27, 2018
Oil prices edged lower on Friday in quiet trading, though Brent futures were set for a weekly gain thanks to Saudi Arabia halting crude transport through a key shipping lane and easing trade tensions between Washington and Europe.
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Crude oil price up as some Saudi Red Sea shipments suspended, trades above $74
Thu, Jul 26, 2018
Saudi Arabia, the world`s biggest oil exporter, said on Thursday that it was "temporarily halting" all oil shipments through the strategic Red Sea shipping lane of Bab al-Mandeb after an attack on two big oil tankers by Yemen`s Iran-aligned Houthi movement.
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