Tag: WTI Oil Index

Oil prices rose early on Tuesday as a drop in the U.S. dollar made crude a more attractive buy, paring ...

Oil has recovered from historic lows last year with the support of record OPEC+ cuts, most of which will remain ...

Crude prices rose on Thursday, redeeming some of the previous session’s losses on expectations that a meeting of OPEC + ...

Oil prices rose on Wednesday, paring overnight losses a day ahead of a meeting of OPEC and its allies, with ...

Oil prices fell on Tuesday as shipping traffic resumed through the Suez Canal after days on hold. Investors focus has ...

Oil Prices are getting some support from expectations that the OPEC and its allies will maintain lower output levels when ...

Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could ...

Oil prices fell more than 2% as fresh coronavirus lockdowns revived worries about demand for oil products, even as tug ...

Oil prices steadied on Wednesday, after the previous day’s slump. However, the recovery was hindered by fears of a slow ...

Oil prices fell 1% on Tuesday amidst concerns that curb the spread of the coronavirus pandemic and slow vaccine rollouts ...

Oil prices extended losses on Monday, amidst concerns that European lockdowns may slow down the expected recovery on oil demand. ...

Oil prices fell on Friday for the sixth day in a row, down nearly 9% for the week, as a ...

Oil prices declined for a fifth consecutive session on Thursday, falling around 1% after official data showed a further increase ...

Oil prices climbed on Wednesday as investors weighed a recovery in U.S. refinery activity as industry data showed U.S. crude ...

Oil prices fell on Tuesday, extending declines for a third day, as concerns about rising stockpiles in the United States ...

Oil prices edged up on Monday, with Brent drifting near $70 a barrel, propped up by output cuts from major ...

Brent crude prices eased on Friday but hovered near $70 a barrel as production cuts by major oil producers constrained ...

Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although ...

Oil prices fell for a third straight session on Wednesday as investors took profits while looking ahead to U.S. inventories data ...

Oil prices recorded a rise on Tuesday on expectations of a recovery in the global economy after the U.S. Senate ...

Saudi Arabia’s ministry said a petroleum tank farm at one of the world’s largest oil shipping ports was attacked by ...

Oil prices rose more than 1% on Friday, extending gains from the previous session after OPEC and its allies agreed ...

Oil prices rose for a second straight session on Thursday, as the possibility that OPEC+ producers might decide against increasing ...

Oil prices were down in early trade on Wednesday, extending several days of losses amid uncertainty over how much supply ...

Oil prices rallied more than $1 on Monday after the U.S. House of Representatives passed a huge stimulus package, although ...

Oil prices fell on Friday as a collapse in bond prices led to gains in the U.S. dollar, and expectations ...

Oil prices rose for a fourth straight session on Thursday to the highest levels in more than 13 months. The ...

Oil prices fell on Wednesday after industry data showed a surprise build in U.S. crude stocks last week as a ...

Goldman Sachs Commodities Research raised its Brent crude oil price forecasts by $10 for the second and third quarters of ...

For the first time since November, U.S. Oil drilling companies cut the number of oil rigs operating due to the ...

Oil prices slid as much as 2% in early trade on Friday, adding to overnight declines, on worries that refineries ...

Oil prices fell a second day on Friday, extending losses after OPEC cut its demand forecast and the International Energy ...

Oil prices fell on Thursday, giving up some of the recent strong gains, although losses were curbed by production cuts ...

Oil prices rose again on Wednesday, extending their more than week-long rally after industry data showing a fall in U.S. ...

Oil prices edged up on Tuesday to their highest in 13 months as supply cuts by major producers and optimism ...

Oil prices rose on Monday to their highest in just over a year, with Brent nudging past $60 a barrel, ...

Oil prices rose on Monday, with Brent futures nearing $60 a barrel, boosted by supply cuts among key producers and ...

Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, ...

Oil prices extended gains on Thursday after the OPEC+ alliance of major producers stuck to a reduced output policy, and ...

Oil prices rose in Asia on Wednesday after hitting their highest in about a year in the previous session, supported ...

Oil prices rose around 1% on Tuesday after major producers showed they were cutting crude output in line with their ...

Oil prices edged higher on Monday after a weak start, holding on to the past three months of gains, although ...

Oil prices were steady on Friday, sticking to ranges seen over the past three weeks, as investors looked for signs ...

Oil prices slid in early trade on Thursday on fresh worries about weakened fuel demand, after England clamped down on ...

Oil prices climbed on Wednesday after industry data showed U.S. crude stockpiles fell unexpectedly last week and China, the world’s ...

Oil prices eased on Tuesday, giving up some of the previous session’s gains, as hopes for rapid approval of new ...

Oil prices slipped for a second straight session on Monday as renewed Covid-19 lockdowns raised fresh concerns about global fuel demand.

U.S. West Texas Intermediate (WTI) crude futures dropped 53 cents, or 1%, to $52.60 a barrel at 0445 GMT, after slipping ...

The administration is also committed to ending new oil and gas leasing on federal lands, Biden’s press secretary said, although ...

Saudi Arabia hence became the top supplier to China for a second year in a row, after taking the spotlight ...

Six analysts polled by Reuters estimated, on average, that crude stocks fell by 300,000 barrels in the week to Jan. ...

“The Relative Strength Indexes (RSI’s) on both contracts were in overbought territory, indicating a correction was on its way,” said ...

“China, the global engine of oil demand growth, is wrestling with fresh COVID outbreaks,” it said.

A hefty COVID-19 relief package, which U.S. President-elect Joe Biden is due to unveil on Thursday, also kept losses in ...

Prices are shrugging off the latest developments in Europe and the United States where death tolls and new infections keep ...

Russia and Kazakhstan will collectively increase their output by 75,000 bpd while the rest of the group will hold output ...

Meanwhile U.S. crude oil inventories dropped by 1.7 million barrels in the week to Jan. 1 to 491.3 million barrels, ...

The Japanese yen traded at 104.05 per dollar after seeing levels below 103.8 against the greenback yesterday. The Australian dollar changed hands at $0.7526 ...

The Japanese yen traded near flat at 103.86 against the greenback while the Australian dollar changed hands at $0.7292, dropping from earlier levels around ...

Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures down about 1% ...

The Japanese yen traded 105.38 per dollar after strengthening from levels around 105.6 against the greenback yesterday. The Australian dollar was at $0.7177, still ...

West Texas Intermediate for August delivery fell 1.9% to $37.75 a barrel on the New York Mercantile Exchange as of ...

China, the world’s top crude importer, is also expected to slow crude imports in the third quarter, after record purchases ...

Oil capped its seventh weekly gain in eight on Friday with traders Vitol Group and Trafigura Group saying global demand ...

OPEC warned in a monthly report the market would remain in surplus in the second half of 2020 even as ...

Investors also continued to watch for developments on the geopolitical front regionally, as tensions escalate along the Korean peninsula after ...

Oil prices dropped in the morning of Asian trading hours, with international benchmark Brent crude futures down 2.75% to $37.49 per barrel. U.S. ...

The expected supply surge from Libya has been derailed after armed militants halted output at the nation’s biggest oilfield

In early trading on Tuesday, Hong Kong’s Hang Seng climbed 1.3 per cent to put the benchmark on track for ...

International benchmark Brent crude futures dipped 0.24% to $42.20 per barrel, while U.S. crude futures shed 0.56% to $39.33 per ...

The U.S. dollar index, which tracks the greenback against a basket of its peers, was last at 96.791 following an ...

Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the ...

South Korea’s Kospi gained 0.5 per cent and Australia’s S&P/ASX 200 added 0.7 per cent.

The U.S. dollar traded at 99.823 against a basket of its peers at 1:42 p.m. HK/SIN, a touch lower than its previous ...

Japanese stocks led gains among the region’s major markets, with the Nikkei 225 jumping 2.06% in afternoon trade

Asian markets fell moderately on Thursday as investors held their breath over data that could add to the picture of ...

Brent crude, the international benchmark, was off 0.1 per cent on Wednesday morning in Asia but still up for the ...

Demand for energy collapsed in the U.S and most heavy users of oil globally and traders don’t want to get ...