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brent crude oil price

Oil steadies, heads for weekly drop on US economy worries

Oil steadies, heads for weekly drop on US economy worries

Fri, May 03, 2024

Brent crude futures for July rose 16 cents to $83.83 a barrel by 0008 GMT.

Brent settles above $90 for first time since October on geopolitical tension

Brent settles above $90 for first time since October on geopolitical tension

Fri, Apr 05, 2024

Both contracts closed on Thursday at their highest levels since October and continued to climb after the session ended, having received support in recent days from heightened geopolitical tensions and potential supply risks.

Oil rises after OPEC+ extends output cuts

Oil rises after OPEC+ extends output cuts

Mon, Mar 04, 2024

The output cuts by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to cushion the market amid global economic concerns and rising output outside the group, with Russia's announcement surprising some analysts.

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Oil rises; markets weigh Red Sea attacks, US rate cuts

Oil rises; markets weigh Red Sea attacks, US rate cuts

Wed, Feb 21, 2024

Brent crude futures rose 12 cents, or 0.15 per cent, to $82.46 a barrel by 0100 GMT, while U.S. West Texas Intermediate crude futures (WTI) were up 9 cents, or 0.12 per cent at $77.13.

Oil prices roughly flat as unclear demand scenario weighed

Oil prices roughly flat as unclear demand scenario weighed

Fri, Feb 16, 2024

The U.S. Commerce Department report showed retail sales dropped 0.8 per cent in January, the biggest fall since February 2023.

Oil prices near flat as demand worries offset Middle East risk

Oil prices near flat as demand worries offset Middle East risk

Tue, Feb 13, 2024

If inflation worries delay Fed interest rate cuts, that could reduce oil demand by slowing economic growth.

Commodity market news: Oil prices drift lower on China demand worries

Commodity market news: Oil prices drift lower on China demand worries

Fri, Jan 19, 2024

Two oil tankers that had diverted away from the Red Sea have turned back and passed through the Bab al-Mandab Strait.

Oil prices slump to 4-month low on US, Chinese economic concerns

Oil prices slump to 4-month low on US, Chinese economic concerns

Fri, Nov 17, 2023

Both WTI and Brent's front-month contracts also traded below later-dated contracts, a structure known as contango.

Oil prices steady, on track for second straight week of losses; WTI set to close down 3.5%

Oil prices steady, on track for second straight week of losses; WTI set to close down 3.5%

Fri, Nov 03, 2023

Oil exporter Saudi Arabia is expected to reconfirm an extension of its voluntary oil-output cut of 1 million barrels per day through December.

Oil prices edge up on anticipated US crude stock draw

Oil prices edge up on anticipated US crude stock draw

Thu, Sep 07, 2023

Prices spiked on Tuesday after Saudi Arabia and Russia extended voluntary oil supply cuts to the year-end.

Oil rises on China, US economic data and OPEC+ cut expectations

Oil rises on China, US economic data and OPEC+ cut expectations

Mon, Sep 04, 2023

Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and US economic data, as well as expectations of ongoing crude supply cuts from major producers.

Oil ticks higher after China moves to support flagging economy

Oil ticks higher after China moves to support flagging economy

Mon, Aug 28, 2023

Oil prices ticked higher on Monday, along with equity markets, after China took steps to support its flagging economy, though investors remained worried about the pace of growth as well as further US interest rate hikes that could dampen fuel demand.

Oil on track for biggest monthly gains in over a year

Oil on track for biggest monthly gains in over a year

Mon, Jul 31, 2023

Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.

Oil rally takes a breather ahead of Fed, ECB rate hikes

Oil rally takes a breather ahead of Fed, ECB rate hikes

Mon, Jul 24, 2023

Oil prices eased on Monday as traders await more rate hike cues from U.S. and European central banks, with tightening supply and hopes for Chinese stimulus underpinning Brent at $80 a barrel.

Oil eases ahead of China, US data, but OPEC+ cuts support market

Oil eases ahead of China, US data, but OPEC+ cuts support market

Mon, Jul 10, 2023

Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, while expected crude supply cuts from Saudi Arabia and Russia supported the market.

Oil prices ease on weaker Chinese demand picture

Oil prices ease on weaker Chinese demand picture

Wed, Jun 21, 2023

The price drop, however, was limited by expectations that oil demand will grow in China and India in the second half of the year.

Commodity Superfast: The price of gold and silver fell again today

Commodity Superfast: The price of gold and silver fell again today

Thu, Jun 15, 2023

Gold-Silver Price: Today, on June 15, 2023, a fall in the prices of gold and silver has been recorded in the Indian bullion market. The price of gold is beyond 59 thousand rupees per 10 grams. Whereas the price of silver is more than Rs 71 thousand per kg. At the national level, the price of 10 grams of 24 carat gold of 999 purity is Rs 59,020. While the price of 999 purity silver is Rs 71421.

Commodity Live: Has the safe investment demand for gold increased?

Commodity Live: Has the safe investment demand for gold increased?

Thu, Jun 08, 2023

There has been a jump in the price of silver. Gold and silver prices are also seeing a rise in the international spot market. Precious metals showed a mixed trend in the Indian markets today after trading at lower levels yesterday. While gold is trading lower on the Multi Commodity Exchange (MCX), silver rates have registered a rise on Thursday, June 8.Watch the video to know how to earn well in commodity market and what are the earning potential through our experts. You can also ask your queries to our experts through our helpline number

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