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  • Oil prices steady as coronavirus-related demand concerns weigh Feb 17, 2020 11:50 AM IST

    Oil prices steady as coronavirus-related demand concerns weigh

    Brent crude was at $57.27 a barrel, down 5 cents by 0541 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

  • Oil prices slip ahead of data pointers on impact of coronavirus on demand Feb 17, 2020 08:20 AM IST

    Oil prices slip ahead of data pointers on impact of coronavirus on demand

    Brent crude was at $56.99 a barrel, down 33 cents by 0121 GMT after rising 5.2% last week, the biggest weekly gain since September 2019.

  • India in talks with Russia on mega deal for long-term import of crude oil Feb 16, 2020 05:50 PM IST

    India in talks with Russia on mega deal for long-term import of crude oil

    The pact is likely to be inked during Russian President Vladimir Putin's visit in October for the annual summit talks with Prime Minister Narendra Modi

  • Oil prices steady but set for weekly gain on supply cut optimism Feb 14, 2020 08:58 AM IST

    Oil prices steady but set for weekly gain on supply cut optimism

    Brent crude futures fell 9 cents to $56.25 a barrel by 0234 GMT, after gaining 1% the previous session. Brent is 3.3% higher for the week, the first increase since the week of Jan. 10.

  • Oil rises for third day as coronavirus impact may spur output cuts Feb 13, 2020 08:12 AM IST

    Oil rises for third day as coronavirus impact may spur output cuts

    Brent crude rose 17 cents, or 0.3%, to $55.96 per barrel at 0217 GMT. U.S. West Texas Intermediate (WTI) rose 29 cents, or 0.6%, to $51.46 a barrel.

  • Oil prices rise as new virus cases slow, easing Chinese demand concerns Feb 12, 2020 09:20 AM IST

    Oil prices rise as new virus cases slow, easing Chinese demand concerns

    Brent crude was up 73 cents, or 1.3 percent, at $54.75 per barrel at 0137 GMT. U.S. West Texas Intermediate (WTI) rose 46 cents, or 0.9 percent, to $50.39

  • Oil gains 1% as short-sellers take profit; investors still wary over coronavirus Feb 11, 2020 08:07 AM IST

    Oil gains 1% as short-sellers take profit; investors still wary over coronavirus

    Brent crude rose 79 cents, or nearly 1.5%, to $54.06 a barrel by 0216 GMT, while U.S. West Texas Intermediate was up 63 cents, or about 1.3%, to $50.20.

  • Oil prices edge down as traders assess China's oil demand, await OPEC+ cuts Feb 10, 2020 11:40 AM IST

    Oil prices edge down as traders assess China's oil demand, await OPEC+ cuts

    Oil is off more than 20% from peaks struck in January after a spreading virus hit demand in the world's largest oil importer and fuelled concerns of excess supplies.

  • Oil prices fall on oversupply worries as virus hits China demand Feb 10, 2020 08:25 AM IST

    Oil prices fall on oversupply worries as virus hits China demand

    Brent crude hit a low of $53.63 a barrel and was at $54.09 by 0100 GMT, down 38 cents. U.S. West Texas Intermediate fell 38 cents to $49.94 a barrel after striking a low of $49.56.

  • Oil climbs after Russia backs possible output cuts to counter coronavirus impact on demand Feb 07, 2020 08:17 AM IST

    Oil climbs after Russia backs possible output cuts to counter coronavirus impact on demand

    Brent crude futures rose 32 cents, or 0.6%, to $55.25 a barrel by 0104, after falling 0.6% on Thursday. U.S. West Texas Intermediate (WTI) crude futures were up 26 cents, or 0.5%, at $51.21 a barrel, having gained 0.4& the previous session.

  • OPEC+ may agree on need to deepen oil output cuts: Sources Feb 06, 2020 02:50 PM IST

    OPEC+ may agree on need to deepen oil output cuts: Sources

    The so-called JTC panel has extended its meeting for a third day into Thursday after Russia voiced its opposition to a deeper supply cut and was instead suggesting an extension of current cuts.

  • Oil rises, extending gains amid optimism over China coronavirus Feb 06, 2020 10:03 AM IST

    Oil rises, extending gains amid optimism over China coronavirus

    Brent futures rose by 98 cents, or 1.8%, to $56.26 a barrel by 0311 GMT, having risen 2.4% in the last session. U.S. West Texas Intermediate (WTI) futures gained $1.08, or 2.1%, to $51.83 a barrel after rising 2.3% on Wednesday.

  • Oil prices climb as OPEC, allies weigh output cuts to cushion coronavirus impact Feb 05, 2020 08:10 AM IST

    Oil prices climb as OPEC, allies weigh output cuts to cushion coronavirus impact

    Brent crude oil futures were up 44 cents, or 0.8%, to $54.40 a barrel by 0127 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 42 cents or 0.9% to $50.03 a barrel.

  • Oil prices rebound from China virus slump amid ginger recovery across markets Feb 04, 2020 08:25 AM IST

    Oil prices rebound from China virus slump amid ginger recovery across markets

    Brent crude was at $54.66 a barrel by 0227 GMT, up 21 cents, or nearly 0.4%, while U.S. West Texas Intermediate (WTI) crude was up 32 cents, or 0.6%, at $50.43 a barrel.

  • Oil jumps as WHO declares emergency but recommends no travel, trade restrictions Jan 31, 2020 09:20 AM IST

    Oil jumps as WHO declares emergency but recommends no travel, trade restrictions

    Oil prices had fallen nearly 4% through Thursday this week - hitting three-months lows - before rebounding on Friday, with investors and traders worried over how the spreading virus would impact demand for oil and its products.

  • Oil falls as virus death toll climbs, US stocks grow Jan 30, 2020 08:40 AM IST

    Oil falls as virus death toll climbs, US stocks grow

    Brent was down 35 cents, or 0.6%, at $59.46 a barrel by 0225 GMT, having risen 0.5% on Wednesday. U.S. crude was down 30 cents, or 0.6%, at $53.03 a barrel, after dropping 0.3% in the previous session.

  • Oil gains amid assessment of China virus impact, possible OPEC supply cuts Jan 29, 2020 09:56 AM IST

    Oil gains amid assessment of China virus impact, possible OPEC supply cuts

    Brent crude rose 85 cents, or 1.43%, to $60.36 a barrel by 0418 GMT. U.S. crude was up 75 cents, or 1.4%, at $54.23 a barrel.

  • Oil rises as investors take stock of economic hit from virus Jan 29, 2020 08:06 AM IST

    Oil rises as investors take stock of economic hit from virus

    Brent crude rose 33 cents, or 0.6%, to $59.84 a barrel by 0103 GMT, while U.S. crude was up 31 cents, or 0.6%, at $53.79 a barrel.

  • Barclays sees $2 per barrel impact to oil prices as virus fears threaten demand Jan 28, 2020 12:45 PM IST

    Barclays sees $2 per barrel impact to oil prices as virus fears threaten demand

    More than 100 people have died and over 4,000 cases of the new virus have been confirmed in China, leading authorities to increase preventive measures, impose travel restrictions and also extend the Lunar New Year holidays to limit the spread of the virus.

  • Oil falls for sixth day as China virus spreads Jan 28, 2020 07:42 AM IST

    Oil falls for sixth day as China virus spreads

    Brent crude was down 15 cents, or 0.3%, to $59.17 at around 0114 GMT, after touching a three-month low on Monday at $58.50.

  • Oil prices skid 2%, extending slide as China coronavirus spreads Jan 27, 2020 08:56 AM IST

    Oil prices skid 2%, extending slide as China coronavirus spreads

    Saudi Arabia's Energy Minister Prince Abdulaziz bin Salman Al-Saud said that he was watching developments closely in China and said he felt confident that the new virus would be contained

  • Oil steadies, but concern over spreading China virus weighs Jan 24, 2020 08:02 AM IST

    Oil steadies, but concern over spreading China virus weighs

    Brent crude futures were 4 cents lower to $62 a barrel by 0225 GMT, its lowest since Dec. 4, after falling 1.9% the previous session. For the week, Brent is down 4%.

  • Oil falls for third day amid growing concern over China virus Jan 23, 2020 08:02 AM IST

    Oil falls for third day amid growing concern over China virus

    The so-called novel coronavirus has killed 17 people because of respiratory illness since it emerged late last year in the Chinese city of Wuhan. The potential for a pandemic has stirred memories of the Sudden Acute Respiratory Syndrome (SARS) epidemic in 2002-2003, which also started in China, and dented economic growth and led to a slump in travel.

  • Oil falls again as amply global supply seen offsetting Libyan outage Jan 22, 2020 08:35 AM IST

    Oil falls again as amply global supply seen offsetting Libyan outage

    Brent crude was down 13 cents, or 0.2%, at $64.46 a barrel at 0119 GMT, after dropping 0.3% on Tuesday. U.S. oil fell 16 cents, or 0.3%, to $58.22 a barrel, having declined 0.3% the day before.

  • Oil prices ease as supply risk concerns fade Jan 21, 2020 09:17 AM IST

    Oil prices ease as supply risk concerns fade

    Brent crude was trading down 30 cents, or 0.5%, at $64.90 per barrel by 0318 GMT, after rising to their highest in more than a week on Monday. U.S. West Texas Intermediate crude futures were down 14 cents, or 0.2%, at $58.40 a barrel.

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