Oil

Oil prices dropped as the US rate hiked, but constrained supply remains a concern 0
- Economy
- June 17, 2022
Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US interest rate rise, albeit tight supplies restricted losses. Brent crude prices were down 45 cents, or 0.4 percent, to $118.06 a barrel by 0906 GMT, while WTI crude futures were down 44 cents to $114.87,
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Oil falls, pressured by China lockdowns, reserves release 0
- Commodity
- April 11, 2022
Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world consumers announced plans to release a record volume of crude and oil products from strategic stocks and as China lockdowns continued. Brent crude fell $2.04, or 2%, to $100.74 a barrel at 0139 GMT, while
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Oil and gas stocks tumble as Brent hits $100 mark on Russia-Ukraine crisis; IGL, RIL, Petronet fall 0
- Business
- February 24, 2022
Stock markets across the world are feeling the heat as Russian President Vladimir Putin announced a military operation in Ukraine to defend separatists in the east of the country. He also vowed retaliation against those who interfere with the Russian Ukraine operation. The Indian stock market following global peers has tumbled over 3 percent with Sensex
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India’s January crude oil imports slip from one-year highs 0
- Market
- February 18, 2022
India’s crude oil imports in January slipped from one-year highs hit in the previous month, though fuel demand is expected to recover as several states ease coronavirus restrictions after a decline in cases. Crude oil imports fell about 1.7% to 19.26 million tonnes last month from a year earlier, government data showed on Friday. Lower imports corresponded
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Oil prices clamber towards 7-year highs on Russia-Ukraine tensions 0
- Market
- February 14, 2022
Oil prices rose on Monday, climbing towards their highest levels in more than seven years on fears that a possible invasion of Ukraine by Russia could trigger sanctions from U.S. and Europe and disrupt energy exports from the world’s top producer. Brent crude futures was at $95.73 a barrel by 0109 GMT, up $1.29, or
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Oil prices nudge up after API data shows surprise drop in US stocks 0
- Market, Uncategorized
- February 9, 2022
Oil prices nudged up on Wednesday following two sessions of losses after industry data showed an unexpected drop in U.S. crude and fuel stocks, offsetting concerns of a possible rise in supplies from Iran. Brent crude futures rose 23 cents, or 0.3%, to $91.01 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude
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