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Jul 01, 2020 07:15 AM IST 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.
Jun 11, 2020 07:00 AM IST U.S. West Texas Intermediate (WTI) crude futures erased gains from Wednesday, falling as low as $38.42 a barrel. The benchmark contract was down 2.2%, or 86 cents, at $38.74 at 0031 GMT.
May 18, 2020 07:40 AM IST The extent of the damage that the coronavirus pandemic had inflicted on the oil industry came into focus on April 20, when the U.S. benchmark WTI contract plunged to minus $38 a barrel.
Apr 21, 2020 05:37 PM IST In this episode of Big Story, Moneycontrol's Sakshi Batra discusses this once in a lifetime event and explains why this may not have much bearing on petrol and diesel prices
Apr 21, 2020 07:15 AM IST Investors sold the May futures contract due to expire on Tuesday in a series of waves. At one point the contract hit negative $40. When the trading stopped, crude oil had ended the day at a negative $37.63 a barrel, a decline of some 305%, or $55.90 a barrel.
Apr 21, 2020 07:04 AM IST U.S. West Texas Intermediate (WTI) crude for May delivery was up $38.73 at $1.10 a barrel by 0117 GMT after settling down at a discount of $37.63 a barrel in the previous session.
Dec 04, 2019 10:50 AM IST U.S. West Texas Intermediate (WTI) crude futures were up by 31 cents, or 0.6%, at $56.41.
Apr 11, 2019 07:51 AM IST International benchmark Brent futures were at $71.57 per barrel at 0056 GMT, down 16 cents, or 0.2 percent, from their last close.
May 10, 2018 08:22 PM IST IOC, the country's top refiner, has bought 2 million barrels of Louisiana Light Sweet crude and a million barrels of WTI Midland through tender for arrival in July , said the source. The source did not wish to be identified due to the sensitivity of the matter.
Oct 17, 2017 10:40 AM IST U.S. exports recently set a weekly record with nearly 2 million barrels of crude a day sent overseas. But shipments to India have been rare, with just a few deliveries since the U.S. lifted its ban on crude exports in late 2015.
Oct 10, 2017 09:00 AM IST IOC bought 1 million barrels each of U.S. Southern Green Canyon (SGC) and WTI Midland crude likely from a Chinese trader, the people said, speaking on condition of anonymity. The purchase was in addition to 2 million barrels of Basra Light crude to be delivered in the same month.
Jul 20, 2017 12:06 PM IST Crude oil prices are still capped below the key $50-per-barrel mark on concerns about high production from the Organization of the Petroleum Exporting Countries (OPEC) despite its pledge to cut output along with non-OPEC producers.
Mar 10, 2017 08:17 AM IST Brent crude was yet to trade. On Thursday, it settled down 92 cents, or 1.7 percent, at USD52.19 a barrel, after slumping 5 percent the day before in its biggest percentage decline in a year.
Mar 10, 2017 07:44 AM IST The euro meanwhile rallied briefly against the dollar as the ECB said it no longer saw a deflation threat and would end some of its massive support for the eurozone economy.
Mar 09, 2017 08:18 AM IST US benchmark West Texas Intermediate (WTI) crude futures climbed 33 cents, or 0.66 percent, to USD 50.61 a barrel at 0032 GMT, after plummeting 5.38 percent to USD 50.28 per barrel in the previous session, hitting the lowest level since December.
Mar 08, 2017 07:51 AM IST US West Texas Intermediate (WTI) crude fell 32 cents, or 0.6 percent, to USD 52.82 a barrel as of 0107 GMT, after ending the previous session down 0.1 percent.
Mar 07, 2017 08:20 AM IST US West Texas Intermediate crude slipped 4 cents to USD53.16 a barrel as of 0042 GMT after settling down 13 cents in the previous session.
Mar 06, 2017 11:23 AM IST Brent crude futures dropped 20 cents, or 0.4 percent, to USD 55.70 a barrel as of 0459 GMT after settling 1.5 percent higher in the previous session.
Mar 03, 2017 08:18 AM IST US West Texas Intermediate (WTI) futures gained 10 cents, or 0.2 percent, to USD52.71 a barrel by 0039 GMT after dropping to its lowest since Feb. 9 in the last session. The benchmark Brent crude futures were yet to start trading after falling 2.3 percent on Thursday.
Mar 02, 2017 02:18 PM IST Crude stockpiles in the United States, the world's top oil consumer, rose by 1.5 million barrels last week, less than forecast, but touching a record at 520.2 million barrels after eight straight weekly builds.
Mar 01, 2017 01:26 PM IST Investors in the oil market are awaiting weekly inventories data from the U.S. Energy Information Administration due at 1530 GMT on Wednesday.
Feb 27, 2017 09:02 AM IST Brent crude oil climbed 0.2 percent to USD 56.09 a barrel, while US West Texas Intermediate added 0.1 percent to USD 54.04 a barrel.
Feb 24, 2017 04:18 PM IST U.S. crude stocks rose by 564,000 barrels in the week to Feb. 17, according to the Energy Information Administration (EIA), although the gain was below analysts' expectations for an increase of 3.5 million barrels.
Feb 22, 2017 10:23 AM IST The US West Texas Intermediate April crude contract, the new front-month future, was up 18 cents at USD 54.51 a barrel at 0228 GMT. On Tuesday, the March contract expired up 66 cents, or 1.2 percent, at USD 54.06, after peaking at USD 54.68, the highest since January 3.
Feb 21, 2017 08:58 AM IST US West Texas Intermediate crude was up 31 cents, or 0.6 percent, at USd 53.71 a barrel at 0218 GMT, after rising about 0.5 percent in a shortened session on Monday due to a US national holiday.
