Brent Crude Oil Futures

Deepening oil supply shock could push economies toward stagflation, worry policymakers

If oil prices remain elevated for an extended period, inflation expectations become a focal point. This makes a difficult environment for central bank policymakers even trickier, at a time when many are still attempting to bring inflation under control following the post-pandemic surge in prices.

Prolonged Iran conflict to keep commodity markets on edge ahead of FOMC, China data

Looking ahead, markets will focus on the upcoming policy decision from the Federal Reserve, where rates are widely expected to remain unchanged but updated economic projections will be closely watched.

Iran war shock sends oil up 30%, pushing prices above $118

Even if the fighting ends quickly, analysts warn that damage to infrastructure, disrupted logistics and heightened risks to shipping could keep fuel prices elevated for weeks or months, affecting businesses and consumers worldwide.

Oil benchmark Brent above $84 on perky US, China demand signals

Brent futures were up 51 cents to $84.39 a barrel at 0956 GMT. U.S. West Texas Intermediate crude was up 57 cents to $79.83

Oil rises on shipping tensions but US inventory build caps gains

Brent crude futures were up 51 cents to $83.54 a barrel at 11:49 ET (1649 GMT). US West Texas Intermediate crude futures were up 64 cents at $78.55 a barrel.

Brent tops $110 first time since April on economic data

US manufacturing grew in July at its fastest pace in two years, while a China industrial index beat expectations this week. Brent crude oil futures had gained 42 cents to USD 109.96 a barrel by 0411 GMT, after earlier hitting USD 110.09, its highest since April 3

Stocks, oil, euro after Bernanke economy view

World stocks and oil prices rose in choppy trade on Tuesday after a gloomy economic outlook by Federal Reserve Chairman Ben Bernanke kept alive views that the US central bank may take further steps to stimulate growth.

Rise in crude on EU promise doesn't change picture: O'Neill

Bill O'Neill, founder, Logic Advisers offers his perspectives on CNBC-TV18 as oil surged on Friday in heavy trading to the fourth biggest daily gain on record, on a deal by European leaders to shore up euro zone banks triggered frantic short-covering by funds that had been riding crude's price-collapse over the last quarter.

Wall St retains momentum despite weak data; euro firm

Wall Street stocks ignored dour US economic data to keep February's rally alive on Tuesday, while the euro remained firm in anticipation of an injection of cheap cash from the European Central Bank.

Brent rises above $110 as equities gain

Brent crude oil futures surged to nearly USD 111 a barrel on Tuesday, rising for the fifth straight session as investor optimism ahead of earnings season lifted markets.

Oil rises as euro optimism lifts markets

Oil rose by about USD 1 a barrel on Monday, supported by hopes European leaders will come up with solutions to the region's debt crisis and by broader gains in global markets.

Brent crude rises more than $2 on Libya concerns

Brent crude oil futures rose by more than USD 2 to as high as USD 108.18 per barrel from the previous close on continued fears that violence in Libya could lead to wider supply disruptions from the OPEC country.