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Brent crude oil

India's import of Russian oil drops in November on shrinking discounts

India's import of Russian oil drops in November on shrinking discounts

Sun, Dec 15, 2024

India's import of Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank.

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Fri, Aug 02, 2024

Oil prices set for 4th weekly fall as demand concerns weigh

Commodities Update: Crude oil futures decline on low demand

Commodities Update: Crude oil futures decline on low demand

Fri, May 24, 2024

On the Multi Commodity Exchange, crude oil for June delivery fell Rs 13 or 0.2 per cent to Rs 6,384 per barrel with a business volume of 8,688 lots.

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Oil firms as investors focus on supply drop from Russia, Libya

Oil firms as investors focus on supply drop from Russia, Libya

Thu, Apr 21, 2022

Oil prices rose on Thursday as concerns about supply due to a potential European Union (EU) ban on Russian oil came to the fore, days after diminished supplies from Libya rocked the market.

Oil markets open slightly lower as market weighs mixed supply signals

Oil markets open slightly lower as market weighs mixed supply signals

Thu, Apr 14, 2022

Oil futures were down slightly Thursday morning, after rising sharply in the first half of the week, as traders weighed a larger-than-expected build in U.S. oil stocks against tightening global supply.

Oil climbs on prospect of fresh Russia sanctions

Oil climbs on prospect of fresh Russia sanctions

Tue, Apr 05, 2022

Oil futures extended gains on Tuesday as the United States and Europe planned new sanctions to punish Moscow over alleged war crimes by Russian troops in Ukraine, adding to concerns about supply disruptions, while Iran nuclear talks stalled.

Oil falls $7 on Russia-Ukraine talk hopes, China lockdowns

Oil falls $7 on Russia-Ukraine talk hopes, China lockdowns

Mon, Mar 14, 2022

Oil prices fell around $7 a barrel on Monday as investors pinned hopes on diplomatic efforts between Ukraine and Russia to end their conflict.

Oil rebounds as escalating Ukraine conflict raises supply concerns

Oil rebounds as escalating Ukraine conflict raises supply concerns

Fri, Mar 04, 2022

Oil prices rebounded on Friday as the disruption of Russian oil exports because of western sanctions outweighed the prospect of more Iranian supplies from a possible nuclear deal.

Shares dive, oil soars after Russian action in Ukraine - What investors need to know

Shares dive, oil soars after Russian action in Ukraine - What investors need to know

Thu, Feb 24, 2022

Stocks plunged and oil prices surged by more than $5 per barrel Thursday after President Vladimir Putin launched military action in Ukraine.

OPEC+ decides oil output amid concern over Russia, Ukraine

OPEC+ decides oil output amid concern over Russia, Ukraine

Wed, Feb 02, 2022

Oil cartel OPEC and allied countries are deciding how much oil to feed into the global economy as crude prices hover near seven-year highs 'spiking gasoline costs' and fears of a Russian military move against Ukraine add to jitters over supply.

Oil prices ease from 2014 high, supply concerns limit losses

Oil prices ease from 2014 high, supply concerns limit losses

Thu, Jan 20, 2022

Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions, underlying factors that limited losses as investors took profits.

Oil tests pre-Omicron highs on economic growth hopes

Oil tests pre-Omicron highs on economic growth hopes

Wed, Jan 12, 2022

Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should support oil demand in the near term.

Rupee falls 26 paise to 74.54 against US dollar in early trade

Rupee falls 26 paise to 74.54 against US dollar in early trade

Tue, Jan 04, 2022

The rupee declined by 26 paise to 74.54 against the US dollar in opening trade on Tuesday, tracking the strength of the American currency in the overseas market.

Oil rises as fuel demand holds up despite surge in Omicron cases

Oil rises as fuel demand holds up despite surge in Omicron cases

Thu, Dec 30, 2021

Oil prices rose on Thursday to extend several consecutive days of gains, buoyed by data showing U.S. fuel demand holding up well despite soaring Omicron coronavirus infections.

Oil prices slip on profit-taking, but head for strong weekly gain

Oil prices slip on profit-taking, but head for strong weekly gain

Fri, Dec 10, 2021

Oil prices drifted down on Friday as traders locked in profits from a strong run-up this week, stoked by growing confidence that the rapid spread of the Omicron coronavirus variant would not hit global growth and fuel demand.

Oil rises on views OPEC+ may pause supply addition amid Omicron fears

Oil rises on views OPEC+ may pause supply addition amid Omicron fears

Thu, Dec 02, 2021

The Organization of the Petroleum Exporting Countries and its allies, together known as OPEC+, will likely decide on Thursday whether to release more oil into the market as previously planned or restrain supply.

Oil drops ahead of stocks data, Iran talks

Oil drops ahead of stocks data, Iran talks

Tue, Oct 26, 2021

Oil prices edged lower on Tuesday after rising earlier in the day.

Oil nears three-year high on energy crunch fears

Oil nears three-year high on energy crunch fears

Tue, Oct 12, 2021

Oil rose towards $84 a barrel on Tuesday, within sight of a three-year high, supported by a rebound in global demand that is contributing to energy shortages in big economies such as China.

Petrol, diesel prices unchanged as crude prices subdued

Petrol, diesel prices unchanged as crude prices subdued

Sun, Oct 25, 2020

Oil marketing companies continued to hold the pause button on retail fuel prices on Sunday also due to subdued global crude prices.

Oil prices slump, WTI at lowest level since 2002

Oil prices slump, WTI at lowest level since 2002

Thu, Mar 19, 2020

Crude oil prices continued their freefall on Wednesday with the WTI crude of US falling below the $24 per barrel mark.

Oil climbs, shaking off Donald Trump calls for OPEC to offset Iran sanctions

Oil climbs, shaking off Donald Trump calls for OPEC to offset Iran sanctions

Mon, Apr 29, 2019

Oil output in OPEC member Libya has been repeatedly disrupted by factional conflict and blockades since the 2011 uprising that toppled veteran dictator Muammar Gaddafi.

Poland, Germany suspend Russian oil imports on quality concerns

Poland, Germany suspend Russian oil imports on quality concerns

Thu, Apr 25, 2019

Poland and Germany have suspended imports of Russian oil via a major pipeline, citing poor quality and triggering a rare crisis over supply from Russia.

OPEC supply cut on US sanctions against member nations fuel oil prices to five-month high

OPEC supply cut on US sanctions against member nations fuel oil prices to five-month high

Mon, Apr 08, 2019

Brent and WTI both hit their highest levels since November last year at $70.76 and $63.48 per barrel respectively, early on Monday.

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