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  • Oil falls third day on US stock build, surging COVID-19 cases Apr 22, 2021 07:53 AM IST

    Oil falls third day on US stock build, surging COVID-19 cases

    Brent crude futures fell 57 cents, or 0.9%, to $64.75 a barrel by 0157 GMT, following a drop of $1.25 on Wednesday. U.S. West Texas Intermediate (WTI) crude futures were down 58 cents, or 1.0%, at $60.77 a barrel, after losing $1.32 on Wednesday.

  • Oil prices rise on weaker dollar, likely drawdown in US stocks Apr 20, 2021 07:48 AM IST

    Oil prices rise on weaker dollar, likely drawdown in US stocks

    Brent crude futures for June delivery rose by 29 cents, or 0.4%, to $67.33 a barrel at 0157 GMT.

  • Oil falls amid surging coronavirus infections in India, other countries Apr 19, 2021 07:29 AM IST

    Oil falls amid surging coronavirus infections in India, other countries

    Brent crude was down 43 cents, or 0.6%, at $66.34 a barrel by 0139 GMT, after rising 6% last week. U.S. oil was down 42 cents, or 0.7%, at $62.71 a barrel, having gained 6.4% last week.

  • Oil rises on drawdown in US oil stocks, OPEC demand outlook Apr 14, 2021 08:02 AM IST

    Oil rises on drawdown in US oil stocks, OPEC demand outlook

    Brent crude futures rose 28 cents, or 0.4%, to $63.95 a barrel at 0057 GMT, after climbing 39 cents on Tuesday.

  • Oil edges higher on Mideast tension, likely crude stocks drawdown Apr 13, 2021 07:39 AM IST

    Oil edges higher on Mideast tension, likely crude stocks drawdown

    Still, crude prices have remained rangebound in the past three weeks, as growing expectations of surging economic activity in the U.S. and China are balanced by the slow rate of vaccinations in Europe and anticipation of additional supply of oil from Iran in the coming months.

  • Oil prices climb on favourable outlook for US fuel demand Apr 12, 2021 07:58 AM IST

    Oil prices climb on favourable outlook for US fuel demand

    Brent was up 25 cents, or 0.4%, at $63.20 a barrel by 0155 GMT. U.S. crude gained 17 cents, or 0.3%, to $59.49 a barrel.

  • Oil edges up on weak dollar; investors weigh rising supplies, demand outlook Apr 09, 2021 08:03 AM IST

    Oil edges up on weak dollar; investors weigh rising supplies, demand outlook

    Brent crude futures for June climbed 7 cents, or 0.1%, to $63.27 a barrel by 0106 GMT while U.S. West Texas Intermediate (WTI) crude for May was at $59.77 a barrel, up 17 cents, or 0.3%.

  • Oil prices rise on stronger economic outlook, US stockpile draw Apr 07, 2021 07:28 AM IST

    Oil prices rise on stronger economic outlook, US stockpile draw

    Brent crude futures for June rose by 34 cents, or 0.5%, to $63.08 a barrel by 0123 GMT while U.S. West Texas Intermediate crude for May was up 32 cents, or 0.5%, to $59.65.

  • Oil prices dip after OPEC+ agree to ease output cuts Apr 05, 2021 10:21 AM IST

    Oil prices dip after OPEC+ agree to ease output cuts

    Brent crude futures for June fell 33 cents, or 0.5%, to $64.53 a barrel by 0206 GMT while U.S. West Texas Intermediate crude for May was at $61.20 a barrel, down 25 cents, or 0.4%.

  • Oil gains ahead of OPEC+ meeting on output policy Apr 01, 2021 08:57 AM IST

    Oil gains ahead of OPEC+ meeting on output policy

    Brent crude for June delivery was up by 31 cents, or 0.5%, at $63.05 a barrel by 0159 GMT after falling 2.2% overnight. U.S. oil was up 38 cents, or 0.6%, at $59.54 a barrel, having dropped 2.3% on Wednesday.

  • Oil rises on expectations OPEC+ will maintain supply discipline Mar 31, 2021 07:47 AM IST

    Oil rises on expectations OPEC+ will maintain supply discipline

    Brent crude futures rose 15 cents, or 0.2%, to $64.29 a barrel at 0202 GMT, after falling 1.3% on Tuesday.

  • Oil slumps as Suez Canal container ship starts to move Mar 29, 2021 01:14 PM IST

    Oil slumps as Suez Canal container ship starts to move

    Brent oil was down $1.19, or 1.8%, at $63.38 a barrel by 0658 GMT. U.S. crude fell $1.34, or 2.2%, to $59.63 a barrel.

  • Oil rises on bargain-hunting but oversupply fears cap gains Mar 24, 2021 08:13 AM IST

    Oil rises on bargain-hunting but oversupply fears cap gains

    Brent crude futures rose 27 cents, or 0.4%, to $61.06 a barrel by 0108 GMT, after tumbling 5.9% and hitting a low of $60.50 the previous day.

  • Oil falls as European lockdowns douse recovery hopes Mar 22, 2021 07:42 AM IST

    Oil falls as European lockdowns douse recovery hopes

    Brent crude was down 60 cents, or 0.9%, at $63.93 a barrel by 0136 GMT. U.S. oil was off by 68 cents, or 1.1%, at $60.74 a barrel. Both contracts fell by more than 6% last week.

  • Oil drops as rising stockpiles compound COVID-19 demand concerns Mar 16, 2021 11:24 AM IST

    Oil drops as rising stockpiles compound COVID-19 demand concerns

    Brent crude was down 49 cents, or 0.7%, at $68.39 by 0433 GMT, having dropped 0.5% on Monday. U.S. crude was down 47 cents, or 0.7%, at $64.92 a barrel, after declining 0.3% in the previous session.

  • Brent crude heads toward $70 as China energy demand outlook brightens Mar 15, 2021 10:56 AM IST

    Brent crude heads toward $70 as China energy demand outlook brightens

    Brent crude futures for May gained 47 cents, or 0.7%, to $69.69 a barrel by 0438 GMT while U.S. West Texas Intermediate crude for April was at $66.10 a barrel, up 49 cents, or 0.8%.

  • Oil extends losses on worry over possible supply increase from OPEC Mar 02, 2021 07:45 AM IST

    Oil extends losses on worry over possible supply increase from OPEC

    Brent crude dropped 78 cents, or 1.2%, to $62.91 a barrel by 0138 GMT, after losing 1.1% the previous day. U.S. West Texas Intermediate (WTI) crude slid 74 cents, or 1.2%, to $59.90 a barrel, having lost 1.4% on Monday.

  • Oil prices hit 13-month highs on tighter supplies, Fed assurance on low rates Feb 25, 2021 10:55 AM IST

    Oil prices hit 13-month highs on tighter supplies, Fed assurance on low rates

    Brent crude futures for April gained 19 cents, 0.3%, to $67.23 a barrel by 0400 GMT, while U.S. West Texas Intermediate crude for April was at $63.30 a barrel, up 8 cents, 0.1%.

  • Oil gains as US production slowly returns after freeze Feb 22, 2021 07:48 AM IST

    Oil gains as US production slowly returns after freeze

    Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after gaining nearly 1% last week. U.S. oil rose 74 cents, or 1.3%, to $59.98 a barrel, having fallen 0.4% last week.

  • Oil prices extend gains as Texas cold snap cuts US output Feb 18, 2021 08:29 AM IST

    Oil prices extend gains as Texas cold snap cuts US output

    Brent crude climbed 93 cents, or 1.5%, to $65.27 a barrel by 0219 GMT, touching its highest since Jan. 20, 2020. U.S. West Texas Intermediate (WTI) crude futures gained 76 cents, or 1.2%, to $61.90 a barrel, registering its highest since Jan. 8, 2020.

  • Oil rises on fears of heightened tensions in Middle East Feb 15, 2021 07:46 AM IST

    Oil rises on fears of heightened tensions in Middle East

    Hopes for more U.S. stimulus and an easing of coronavirus lockdowns helped support the rally, after prices gained around 5% last week.

  • Oil drops after strong rally, demand hopes limit losses Feb 11, 2021 08:50 AM IST

    Oil drops after strong rally, demand hopes limit losses

    Brent crude fell 39 cents, or 0.6%, to $61.08 a barrel, as of 0231 GMT, after touching its highest since January 2020 on Wednesday. U.S. crude slid 35 cents, or 0.6%, to $58.33 a barrel.

  • Brent strikes $60 per barrel as supply cuts, stimulus hopes boost prices Feb 08, 2021 01:19 PM IST

    Brent strikes $60 per barrel as supply cuts, stimulus hopes boost prices

    Brent crude for April touched an intraday high of $60.06 a barrel, the highest since January last year. The front-month contract was at $59.90 by 0728 GMT, up 56 cents, or 0.9%.

  • Oil prices rise to highest in a year on US growth optimism, crude supply restraint Feb 05, 2021 08:27 AM IST

    Oil prices rise to highest in a year on US growth optimism, crude supply restraint

    U.S. West Texas Intermediate (WTI) crude futures jumped 51 cents, or 0.9%, to $56.73 a barrel by 0210 GMT, after touching a high of $56.75, the most since Jan. 22 last year. The benchmark contract is on track for a weekly gain of nearly 9%, which would be its biggest weekly gain since October.

  • Oil climbs after OPEC+ maintains oil output cuts, US stock draw Feb 04, 2021 10:18 AM IST

    Oil climbs after OPEC+ maintains oil output cuts, US stock draw

    Brent crude futures gained 47 cents, or 0.8%, to $58.93 a barrel, by 0317 GMT, having earlier hit their highest since Feb. 21, 2020 in the wake of the OPEC+ decision.

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