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  • Oil bulls take charge as demand outlook improves, Brent up a fifth day Jun 16, 2021 07:59 AM IST

    Oil bulls take charge as demand outlook improves, Brent up a fifth day

    Brent crude was up 69 cents, or 0.9%, at $74.68 a barrel by 0200 GMT, having risen 1.6% on Tuesday.

  • Oil holds near multi-year highs amid demand recovery Jun 14, 2021 07:49 AM IST

    Oil holds near multi-year highs amid demand recovery

    Brent crude was up 14 cents, or 0.2%, at $72.83 by 0123 GMT. It rose 1.1% last week and hit the highest since May 2019 of $73.09 on Friday.

  • Oil rises for second day on signs of strong fuel demand recovery Jun 09, 2021 07:47 AM IST

    Oil rises for second day on signs of strong fuel demand recovery

    Brent crude futures were up 15 cents, or 0.2%, at $72.37 a barrel at 0131 GMT and earlier rose to $72.58, the highest since May 20, 2019. Brent rose 1% on Tuesday.

  • Oil falls again amid concerns over demand rebound Jun 08, 2021 07:42 AM IST

    Oil falls again amid concerns over demand rebound

    Brent crude was down 11 cents, or 0.2%, at $71.38 a barrel by 0151 GMT, after declining 0.6% overnight. U.S. oil was off by 13 cents, or 0.2%, at $69.10 a barrel, having dropped by 0.6% in the previous session.

  • Oil hits new multi-year highs; investors eye Iran nuclear talks this week Jun 07, 2021 07:48 AM IST

    Oil hits new multi-year highs; investors eye Iran nuclear talks this week

    Brent crude futures for August rose 28 cents, or 0.4%, to $72.17 a barrel by 0107 GMT, their highest since May 2019. U.S. West Texas Intermediate crude for July touched $70 for the first time since October 2018 and was at $69.91 a barrel, up 29 cents, or 0.4%.

  • Oil demand rebound to prevail over potential Iran, India headwinds: Poll Jun 01, 2021 03:27 PM IST

    Oil demand rebound to prevail over potential Iran, India headwinds: Poll

    The survey of 45 participants forecast Brent would average $64.79 per barrel -- the sixth straight upward revision in the 2021 consensus -- up slightly from April's $64.17 projection.

  • Brent nudges towards $70 on rosy US data, oil demand outlook May 28, 2021 07:29 AM IST

    Brent nudges towards $70 on rosy US data, oil demand outlook

    Brent crude futures for July gained 16 cents, 0.2%, to $69.62 a barrel by 0050 GMT while U.S. West Texas Intermediate crude for July was at $67.17 a barrel, up 32 cents, or 0.5%.

  • Oil slips on possible return of Iranian supply as nuclear talks progress May 27, 2021 09:16 AM IST

    Oil slips on possible return of Iranian supply as nuclear talks progress

    Brent crude fell 44 cents, or 0.6%, to $68.43 a barrel at 0220 GMT, erasing Wednesday's gain of 22 cents. Brent has traded between $68 and $69 for most of this week.

  • Oil steady with investors focusing on possible return of Iranian supply May 26, 2021 07:32 AM IST

    Oil steady with investors focusing on possible return of Iranian supply

    Brent crude oil futures for July gained 5 cents, or 0.1%, to $68.70 a barrel by 0102 GMT, while U.S. West Texas Intermediate (WTI) crude for July was at $66.05 a barrel, down 2 cents.

  • Oil steady near week high as prospect of Iran supply glut wanes May 25, 2021 07:27 AM IST

    Oil steady near week high as prospect of Iran supply glut wanes

    Brent crude futures were down 6 cents at $68.40 a barrel by 0039 GMT, having jumped 3% on Monday. U.S. West Texas Intermediate futures fell 8 cents to $65.97 a barrel, after gaining 3.9% the previous session.

  • Oil prices rise as storm forms in Gulf, doubts emerge on Iran deal May 24, 2021 07:32 AM IST

    Oil prices rise as storm forms in Gulf, doubts emerge on Iran deal

    Brent crude oil futures for July rose 32 cents, or 0.5%, to $66.76 a barrel by 0143 GMT, while U.S. West Texas Intermediate for July was at $63.93 a barrel, up 35 cents, or 0.6%.

  • Oil nudges up, set for biggest weekly loss since March on possible Iran supplies May 21, 2021 08:22 AM IST

    Oil nudges up, set for biggest weekly loss since March on possible Iran supplies

    Brent crude futures for July rose 10 cents, or 0.2%, to $65.21 a barrel by 0032 GMT while U.S. West Texas Intermediate for July was at $62.16 a barrel, up 22 cents, or 0.4%.

  • Oil falls for third day on rising coronavirus infections, US stockpiles May 20, 2021 07:59 AM IST

    Oil falls for third day on rising coronavirus infections, US stockpiles

    Brent crude was down 6 cents, or 0.1%, at $66.60 a barrel by 0141 GMT, having fallen 3% on Wednesday. U.S. oil fell 7 cents, or 0.1%, to $63.29 a barrel, after a 3.3% drop in the previous session.

  • Oil falls on concerns of Iranian supply return, inflation fears May 19, 2021 08:26 AM IST

    Oil falls on concerns of Iranian supply return, inflation fears

    U.S. West Texas Intermediate (WTI) crude futures dropped 73 cents, or 1.1%, to $64.76 a barrel at 0241 GMT, following a 1.2% fall on Tuesday.

  • Oil extends gains on optimism over US, European reopenings May 18, 2021 08:28 AM IST

    Oil extends gains on optimism over US, European reopenings

    Brent crude oil futures were up 20 cents, or 0.3%, at $69.66 a barrel by 0231 GMT, while West Texas Intermediate (WTI) was up 19 cents, or 0.3%, at $66.46 a barrel.

  • Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns May 17, 2021 09:31 AM IST

    Oil edges lower as COVID-19 restrictions in Asia fuel demand concerns

    Gasoline shortages that have plagued the U.S. East Coast slowly eased on Sunday, with 1,000 more stations receiving supplies as Colonial Pipeline's 5,500-mile (8,900-km) system recovered from a crippling cyberattack.

  • Oil drops as India coronavirus crisis tempers rally May 13, 2021 07:42 AM IST

    Oil drops as India coronavirus crisis tempers rally

    Brent crude was down 32 cents, or 0.5%, at $69.00 a barrel by 0145 GMT, after gaining more than 1% on Wednesday. West Texas Intermediate (WTI) was down 31 cents, or 0.5%, to $65.77 a barrel, havingrisen 1.2% in the previous session.

  • Oil climbs on drop in US oil stockpiles, solid demand outlook May 12, 2021 07:52 AM IST

    Oil climbs on drop in US oil stockpiles, solid demand outlook

    U.S. West Texas Intermediate (WTI) crude futures rose 21 cents, or 0.3%, to $65.49 a barrel at 0013 GMT, adding to a 36 cent rise on Tuesday.

  • Oil gains after cyberattack forces shutdown of crucial US pipelines May 10, 2021 12:30 PM IST

    Oil gains after cyberattack forces shutdown of crucial US pipelines

    Brent crude was up by 57 cents, or 0.8%, at $68.85 a barrel by 0645 GMT, having risen by l.5% last week. U.S. West Texas Intermediate futures rose by 51 cents, or 0.8%, at $65.41 a barrel, after gaining more than 2% last week.

  • Oil prices edge up as investors eye fuel demand recovery May 07, 2021 07:40 AM IST

    Oil prices edge up as investors eye fuel demand recovery

    Brent crude futures for July were at $68.17 a barrel by 0052 GMT, up 8 cents, while U.S. West Texas Intermediate (WTI) crude for June rose 9 cents to $64.80.

  • Oil prices fall as US gasoline stocks rise for a fifth week May 06, 2021 08:12 AM IST

    Oil prices fall as US gasoline stocks rise for a fifth week

    Brent crude oil futures fell by 16 cents, or 0.2%, to $68.80 barrel by 0123 GMT, and U.S. West Texas Intermediate (WTI) crude futures dropped by 20 cents, or 0.3%, to $65.43 a barrel.

  • Oil climbs as demand optimism overshadows India worries May 03, 2021 07:32 AM IST

    Oil climbs as demand optimism overshadows India worries

    Brent crude futures for July gained 36 cents, or 0.5%, to $67.12 a barrel by 0045 GMT while U.S. West Texas Intermediate for June was at $63.94 a barrel, up 36 cents, or 0.6%.

  • Oil prices extend gains as demand outlook offsets India concerns Apr 29, 2021 07:19 AM IST

    Oil prices extend gains as demand outlook offsets India concerns

    Brent crude for June edged up 8 cents, or 0.1%, to $67.35 a barrel by 0104 GMT while U.S. West Texas Intermediate crude for June was at $63.98 a barrel, up 12 cents, or 0.2%.

  • Oil inches lower on concerns over COVID-19 surge in India, Japan Apr 26, 2021 07:21 AM IST

    Oil inches lower on concerns over COVID-19 surge in India, Japan

    Brent crude futures fell 8 cents, or 0.1%, to $66.03 a barrel by 0058 GMT, following a 1.1% rise on Friday. U.S. West Texas Intermediate (WTI) crude futures were down 4 cents, or 0.1%, at $62.10 a barrel, after rising 1.2% on Friday.

  • Oil steady as Libya output decline offsets risks to Asian demand Apr 23, 2021 07:25 AM IST

    Oil steady as Libya output decline offsets risks to Asian demand

    Brent futures edged up 8 cents, or 0.1%, to settle at $65.40 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 8 cents, or 0.1%, to end at $61.43.

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