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  • Oil prices slip on uncertainty over US recovery, stimulus Aug 07, 2020 08:50 AM IST

    Oil prices slip on uncertainty over US recovery, stimulus

    U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $41.93 a barrel at 0246 GMT, while Brent crude fell 6 cents, or 0.1%, to $45.03, after both contracts had earlier traded higher.

  • Oil prices struggle to hold five-month high amid pandemic worries Aug 06, 2020 07:44 AM IST

    Oil prices struggle to hold five-month high amid pandemic worries

    U.S. West Texas Intermediate (WTI) crude futures were down 3 cents, or 0.1%, at $42.16 a barrel at 0148 GMT, while Brent crude futures rose 6 cents to $45.23.

  • Oil prices toppled from rising streak as jump in COVID-19 cases stokes fuel demand fears Aug 05, 2020 07:45 AM IST

    Oil prices toppled from rising streak as jump in COVID-19 cases stokes fuel demand fears

    Brent crude was down 16 cents, or 0.4%, at $44.27 a barrel by 0117 GMT. It finished 0.6% higher on Wednesday - the highest close since March 6.

  • Oil prices drop on fuel demand worries as coronavirus flares up Aug 04, 2020 08:14 AM IST

    Oil prices drop on fuel demand worries as coronavirus flares up

    U.S. West Texas Intermediate (WTI) crude futures fell 22 cents, or 0.5% to $40.79 a barrel at 0132 GMT, while Brent crude futures fell 27 cents, or 0.6% to $43.88 a barrel.

  • Oil rises after surprise drop in US inventories offsets demand concerns Jul 29, 2020 08:00 AM IST

    Oil rises after surprise drop in US inventories offsets demand concerns

    Brent crude was up by 24 cents, or 0.6%, at $43.46 a barrel by 0041 GMT, after dropping 0.4% on Tuesday.

  • Oil prices rise on US stimulus hopes, weaker US dollar Jul 28, 2020 07:30 AM IST

    Oil prices rise on US stimulus hopes, weaker US dollar

    Brent crude futures climbed 35 cents, or 0.8%, to $43.76 a barrel at 0118 GMT, adding to a 0.2% gain on Monday.

  • Oil slips as rising virus cases, US-China tensions weigh on markets Jul 27, 2020 09:35 AM IST

    Oil slips as rising virus cases, US-China tensions weigh on markets

    Brent crude dipped 14 cents, or 0.3%, to $43.20 a barrel by 0242 GMT, while U.S. West Texas Intermediate (WTI) crude dropped to $41.19 a barrel, down 10 cents, or 0.2%.

  • Oil prices fall on US inventory build, increasing pandemic fears Jul 22, 2020 07:45 AM IST

    Oil prices fall on US inventory build, increasing pandemic fears

    In his first briefing in months focused on the pandemic, U.S. President Donald Trump said that the outbreak would probably get worse before it gets better, one of his first recent acknowledgements of the spread of the problem.

  • Oil steady as vaccine news counters rise in virus cases Jul 21, 2020 07:55 AM IST

    Oil steady as vaccine news counters rise in virus cases

    Prices were offered some support by positive news on the development of vaccines as drugmakers and medical institutions rush to find a way to counter the world's worst health crisis in a century.

  • Why $40 Brent is an important barrier for oil prices Jul 20, 2020 09:29 AM IST

    Why $40 Brent is an important barrier for oil prices

    Oil prices show that despite the supply-side cuts, demand continues to be under pressure

  • Oil climbs after sharp drop in US crude stocks; OPEC committee meeting in focus Jul 15, 2020 09:37 AM IST

    Oil climbs after sharp drop in US crude stocks; OPEC committee meeting in focus

    Brent crude futures were up 19 cents, or 0.4%, at $43.09 a barrel as of 0343 GMT, and U.S. West Texas Intermediate (WTI) crude futures rose 17 cents, or 0.4%, to $40.46 a barrel.

  • Oil rises after US crude stocks drop, focus on OPEC+ meeting Jul 15, 2020 07:25 AM IST

    Oil rises after US crude stocks drop, focus on OPEC+ meeting

    Brent crude futures were up 10 cents, or 0.2%, at $43 a barrel as of 0049 GMT, and U.S. West Texas Intermediate (WTI) crude futures rose 14 cents, or 0.4%, to $40.43 a barrel.

  • Oil prices drop on demand recovery fears amid US virus surge Jul 14, 2020 08:35 AM IST

    Oil prices drop on demand recovery fears amid US virus surge

    U.S. West Texas Intermediate (WTI) crude futures slid 84 cents, or 2.1%, to $39.26 a barrel at 0138 GMT, while Brent crude futures fell 77 cents, or 1.8% to $41.95 a barrel.

  • Oil dips as US inventory build stokes supply fears Jul 08, 2020 07:02 AM IST

    Oil dips as US inventory build stokes supply fears

    Brent crude futures fell 13 cents, or 0.3%, to $42.95 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 10 cents, or 0.3%, to $40.52 a barrel.

  • Oil prices inch higher on output cut support, but US coronavirus spike caps gains Jul 07, 2020 07:07 AM IST

    Oil prices inch higher on output cut support, but US coronavirus spike caps gains

    U.S. West Texas Intermediate (WTI) crude futures climbed 13 cents, or 0.3%, to $40.76 a barrel at 0103 GMT, recouping a 2 cent loss from Monday.

  • Oil prices mixed as coronavirus spike casts shadow over US demand Jul 06, 2020 07:45 AM IST

    Oil prices mixed as coronavirus spike casts shadow over US demand

    Brent crude rose 11 cents, or 0.3%, to $42.91 a barrel by 0109 GMT after a 4.3% gain last week, while U.S. West Texas Intermediate crude was at $40.35, down 30 cents, or 0.7%, from its previous settlement on Thursday. U.S. markets were closed on Friday to mark July 4 holiday celebrations.

  • Oil falls as growing coronavirus cases stoke fuel demand worries Jul 03, 2020 07:05 AM IST

    Oil falls as growing coronavirus cases stoke fuel demand worries

    Brent crude futures were down 37 cents, or 0.9%, at $42.77 a barrel as of 0042 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 34 cents, or 0.8%, to $40.31 a barrel.

  • Oil prices dip on demand worries as California reimposes restrictions Jul 02, 2020 07:05 AM IST

    Oil prices dip on demand worries as California reimposes restrictions

    U.S. West Texas Intermediate (WTI) crude futures fell 13 cents, or 0.3%, to $39.69 a barrel at 0024 GMT, trimming a 1.4% rise from Wednesday.

  • Oil rises after sharp drop in US crude inventories Jul 01, 2020 07:15 AM IST

    Oil rises after sharp drop in US crude inventories

    Brent crude rose 33 cents, or 0.8%, to $41.60 a barrel by 0044 GMT after declining more than 1% on Tuesday. U.S. crude was up 42 cents, or 1.1%, at $39.69 a barrel, having dropped by 1.1% in the previous session.

  • Oil prices drop on prospect of returning Libyan supplies Jun 30, 2020 11:58 AM IST

    Oil prices drop on prospect of returning Libyan supplies

    The more-active Brent crude futures for September fell 24 cents, or 0.6%, to $41.61 a barrel by 0610 GMT, paring Monday's 92 cent gain. The August contract, which expires on Tuesday, fell 24 cents to $41.47.

  • Oil falls in second straight session as virus cools demand Jun 29, 2020 07:17 AM IST

    Oil falls in second straight session as virus cools demand

    Brent crude dropped 66 cents, or 1.6%, to $40.36 a barrel by 1150 GMT while U.S. crude was at $37.86, down 63 cents, or 1.6%.

  • Oil prices creep up on demand recovery, tempered by virus outbreaks Jun 26, 2020 07:44 AM IST

    Oil prices creep up on demand recovery, tempered by virus outbreaks

    U.S. West Texas Intermediate (WTI) crude futures gained 42 cents, or 1.1%, to $39.14 at 0150 GMT but were on track for a slight drop for the week.

  • Oil dives over 5% as US crude stocks hit record, COVID cases mount Jun 25, 2020 07:40 AM IST

    Oil dives over 5% as US crude stocks hit record, COVID cases mount

    The United States had its second-largest rise in infections since the pandemic began. Mounting infections there as well as in China, Latin America and India have unnerved investors and pressured oil prices.

  • Oil prices slides as US crude stockpile growth heightens oversupply fears Jun 24, 2020 09:32 AM IST

    Oil prices slides as US crude stockpile growth heightens oversupply fears

    Brent crude was down 29 cents, or 0.7%, at $42.34 a barrel by 0335 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 35 cents, or 0.9%, to $40.02 a barrel.

  • Oil edges up on tighter supply, but demand concerns check gains Jun 22, 2020 07:25 AM IST

    Oil edges up on tighter supply, but demand concerns check gains

    Brent crude rose 9 cents, or 0.2%, to $42.28 a barrel by 0009 GMT, while U.S. crude was at $39.76 a barrel, up 1 cent.

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