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WTI crude News
A historic oil price collapse, with worries headed into 2021
Tue, Dec 29, 2020
This year was like no other for oil prices. Even as global prices end the year at about $51 a barrel, near the average for 2015-2017, it masks a year of volatility. In April, U.S. crude plunged deep into negative territory and Brent dropped below $20 per barrel, slammed by the COVID-19 pandemic and a price war between oil giants Saudi Arabia and Russia.
U.S. oil drops as pandemic rages while presidential vote counting continues
Fri, Nov 06, 2020
U.S. oil fell nearly 1% on Friday as new lockdowns went into affect in Europe raising questions over the outlook for demand for crude, while ballots were still being counted in the U.S. election with its outcome undecided, keeping markets on edge
US Elections 2020: Oil jumps as inventory falls, market awaits U.S. vote results
Wed, Nov 04, 2020
U.S. oil prices jumped more than 2% on Wednesday after industry data showed crude inventories in the United States dropped sharply and as investors awaited results from the tumultuous presidential election
Oil prices drop for fourth day as COVID-19 second wave worries intensify
Tue, Oct 20, 2020
Oil prices slipped for a fourth straight day on Tuesday on worries about a resurgence of coronavirus cases globally stifling a promising recovery in fuel demand, while growing output from Libya adds to plentiful supply in the market.
Oil holds gains on shrinking U.S. stockpiles
Thu, Oct 15, 2020
Oil prices rose slightly in early trade on Thursday after data showed U.S. crude stockpiles fell last week, adding to 2% gains overnight, as OPEC and its allies were seen fully complying in September with their pact to curb output
Oil prices steady amid return of supply, while COVID-19 lockdowns tighten
Tue, Oct 13, 2020
Oil prices were steady in early trade on Tuesday, sitting on losses of nearly 3% from the previous session after supplies began to resume in Norway and the U.S. Gulf of Mexico and Libya resumed production at its largest oilfield
Oil prices head for 10% weekly jump on North America, Norway outages
Sat, Oct 10, 2020
Oil prices fell on Friday, erasing an earlier rise but still leaving both benchmarks on track for their biggest weekly gains since early June on the back of supply cuts caused by a storm in the Gulf of Mexico and a strike of offshore workers in Norway
Oil prices fall on U.S. stimulus impasse, rising U.S. crude stockpiles
Wed, Oct 07, 2020
Oil prices fell on Wednesday after U.S. President Donald Trump dashed hopes for a fourth stimulus package to boost the coronavirus-hit economy and on a larger-than-expected increase in U.S. crude inventories
Oil rises more than 1% after upbeat signals from Trump doctors
Mon, Oct 05, 2020
Oil prices rose more than 1% on Monday, lifted by comments from doctors for U.S. President Donald Trump suggesting he could be discharged from hospital as soon as Monday, just a few days after his positive test for COVID-19 sparked widespread alarm
Oil drops 3% on weak demand outlook and higher OPEC supplies
Fri, Oct 02, 2020
Oil prices fell 3% on Thursday as rising coronavirus cases around the world dampened the demand outlook, and a rise in OPEC output last month also pressured prices
Oil drops second day as surging coronavirus cases prompt demand worries
Wed, Sep 30, 2020
Oil prices fell for a second day on Wednesday, extending big losses from the previous session amid rising concerns about fuel demand as the coronavirus pandemic worsens
Oil slips as demand worries offset hopes for stimulus
Tue, Sep 29, 2020
Oil prices fell on Tuesday as demand concerns driven by COVID-19 outweighed hopes that U.S. lawmakers and the White House were nearing an agreement on a new stimulus package to revive the world`s biggest economy
Oil falls as rise in virus cases, U.S. inventories stall recovery
Thu, Jul 09, 2020
Oil prices inched lower on Wednesday, as rising U.S. crude inventories and an increase in U.S. coronavirus infections put the brakes on a price recovery sparked by easing lockdowns
Anil Singhvi backs MCX on crude oil settlement decision, says it is in sync with rule book
Wed, Apr 22, 2020
Zee Business Managing Editor Anil Singhvi has backed Multi Commodity Exchange (MCX) decision on the crude oil settlement price saying that it is customary and in sync with the rule book.
Oil Price Today: Crude rises after US, Russia agree to oil market talks
Tue, Mar 31, 2020
Oil Price Today: Brent crude was up by 19 cents, or 0.8%, at $22.95 a barrel by 0051 GMT, after closing at $22.76 in the previous session, the lowest close since November 2002.
Oil price receives biggest intraday tank in over a decade as Russia, OPEC split
Sat, Mar 07, 2020
Brent crude oil price slid to its biggest daily loss in more than 11 years on Friday after Russia balked at OPEC`s proposed steep production cuts.
Commodity Superfast: Know about action in commodities market, 24th September 2019
Tue, Sep 24, 2019
Watch this segment to know about action in the commodities market, 24th September 2019. Watch full video to know more.
Commodity Superfast: Know about action in commodities market, 19th September 2019
Thu, Sep 19, 2019
Watch this segment to know about action in the commodities market, 19th September 2019. Watch full video to know more.
Commodity Superfast: Know about action in commodities market, 17th September 2019
Tue, Sep 17, 2019
Watch this segment to know about action in the commodities market, 17th September 2019. Watch full video to know more.
Commodity Superfast: Know about action in commodities market, 16th September 2019
Mon, Sep 16, 2019
Watch this segment to know about action in the commodities market, 16th September 2019. Watch full video to know more.