Jan 22, 2020 08:35 AM IST
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.
- Jan 21, 2020 09:17 AM IST
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.
- Jan 20, 2020 07:57 AM IST
Brent crude futures were up by 75 cents, or 1.2%, to $65.60 by 0109 GMT, having earlier reached $66.00 a barrel, the highest since Jan. 9. The West Texas Intermediate contract was up by 60 cents, or 1%, at $59.14 a barrel, after rising to $59.73, the highest since Jan. 10.
- Jan 16, 2020 09:25 AM IST
Brent was 45 cents, or 0.7%, higher at $64.45 a barrel by 0310 GMT, while U.S. crude was up by 39 cents, or 0.7%, at $58.20 a barrel.
- Jan 15, 2020 07:57 AM IST
U.S. Treasury Secretary Steven Mnuchin said late on Tuesday that the tariffs would remain even as a trade deal is set to be signed on Wednesday. That could temper China's oil demand growth by limiting its access to its second-largest trading partner. Chinese demand has been the main driver of global fuel consumption growth.
- Jan 14, 2020 08:25 AM IST
However, the declines were limited by expectations of a drawdown in U.S. crude oil inventories and optimism about the signing of a preliminary trade deal between the U.S. and China, the world's top oil consumers.
- Jan 13, 2020 01:42 PM IST
Prince Abdulaziz bin Salman said it was too early now to talk about whether OPEC and its allies, a group known as OPEC+, would continue with production curbs agreed under a deal that expires in March.
- Jan 13, 2020 09:30 AM IST
Brent crude was down 13 cents, or 0.2%, at $64.85 per barrel at 0120 GMT. WTI was also down 9 cents, or 0.2%, at $58.95 a barrel.
- Jan 10, 2020 08:06 AM IST
Brent crude was down 14 cents, or 0.2%, at $65.23 at 0119 GMT, after falling more than 4% over the last two days. WTI was also down 14 cents, or 0.2%, at $59.42, after dropping slightly on Thursday and plunging around 5% on Wednesday.
- Jan 09, 2020 07:57 AM IST
Prices had soared in response to the killing of an Iranian general in an American air strike last week and Iran's retaliatory attack on U.S. forces in Iraq on Wednesday, before diving more than 4% when two countries quickly ratcheted back tensions, hitting a three-week low.
- Jan 08, 2020 12:15 PM IST
"It's a big relief that the facilities continue to be secured in Iraq, the production is continuing and effective," Barkindo said on the sidelines of a conference in Abu Dhabi.
- Jan 08, 2020 07:50 AM IST
The benchmark WTI jumped as much as 4.53 percent to $65.54 a barrel before settling down slightly after Iran unleashed its first response to the US assassination of military commander Qasem Soleimani.
- Jan 07, 2020 11:57 AM IST
It boils down to a question of how much supply is disrupted in the Middle East (which accounts for about a third of the world’s crude oil production), how long will the disruptions last and whether this disruption can be offset by other sources
- Jan 06, 2020 04:57 PM IST
- Jan 06, 2020 04:08 PM IST
The retail pump prices of petrol in Delhi rose to Rs 75.69 per litre - the highest since November 2018, while those of diesel climbed to Rs 68.68, according to a price notification of state-owned fuel retailers.
- Jan 06, 2020 11:38 AM IST
Arvind Sanger of Geosphere Capital Management said the potential sanctions on Iraq by US is a bigger risk for oil prices.
- Jan 06, 2020 08:40 AM IST
Brent crude futures soared to a high of $70.27 a barrel at 0222 GMT, up $1.67, or 2.4%, from Friday's settlement.
- Jan 06, 2020 08:02 AM IST
Brent crude futures rose to a high of $69.95 a barrel and were at $69.65 a barrel at 0016 GMT, up $1.05, or 1.5%, from Friday's settlement.
- Jan 03, 2020 08:55 AM IST
The head of Iran's Quds Force, Qasem Soleimani, was hit in an attack on Baghdad international airport early Friday, according to Hased, a powerful Iraqi paramilitary force linked to Tehran.
- Jan 03, 2020 07:52 AM IST
Brent crude futures were at $67.48 a barrel, up $1.23, or 1.86%, by 0202 GMT, and West Texas Intermediate (WTI) crude futures rose $1.03, or 1.68%, to $62.21 a barrel.
- Jan 02, 2020 08:08 AM IST
Global benchmark Brent crude futures, were up 21 cents, or 0.3%, to 66.21 a barrel by 0130 GMT. U.S. West Texas Intermediate (WTI) crude was up 21 cents, or 0.3%, at $61.27 per barrel.
- Dec 31, 2019 08:36 AM IST
Brent crude futures for March delivery, the new front month contract, were down 11 cents, or 0.2%, to 66.56 a barrel by 0158 GMT, while U.S. West Texas Intermediate (WTI) crude for February was down 11 cents, or 0.2%, at $61.57 per barrel. Brent for February delivery closed on Monday at $68.44.
- Dec 30, 2019 07:52 AM IST
Markets showed little immediate reaction to news of U.S. air strikes in Iraq and Syria against an Iran-backed militia group, even as U.S. officials warned "additional actions" may be taken.
- Dec 23, 2019 10:40 AM IST
Brent crude was down 15 cents, or 0.2%, at $65.99 a barrel by 0306 GMT. West Texas Intermediate was also down 15 cents at $60.29 a barrel.
- Dec 20, 2019 08:02 AM IST
Brent futures rose 2 cents, or 0.03%, to 66.56 a barrel by 0145 GMT, while U.S. West Texas Intermediate crude was down 9 cents, or 0.15%, at $61.09 per barrel.