Brent futures for May settled $1.64 higher, or two per cent, at $83.55 a barrel. The…
Tag: crude oil production
Oil prices steady as US inflation underpins June rate cut hopes; Brent at $83
Oil prices were little changed on Thursday, February 29, as January US inflation data reinforced expectations…
Oil prices rise on uncertainty over Gaza ceasefire, OPEC cut; Brent at $83/bbl
Oil prices rose on Tuesday, February 27, as the market focused on uncertainty over a potential…
Oil reports weekly decline on fading US Fed rate cut hopes; Brent at $81
Oil prices fell nearly three per cent lower in the previous session and posted a weekly…
Oil scores first weekly gain in 5 weeks ahead of OPEC+ decision; Brent at $80
Oil prices declined in the previous session after the release of some hostages in Gaza reduced…
Oil prices extend losses on growing concerns of delayed OPEC+ meeting
Oil prices declined about 2 per cent on Thursday, November 23, extending losses after the Organisation…
Oil drops amid diplomatic moves to contain Israel-Hamas conflict; Brent at $91
Oil prices declined on Monday, October 23, as investors continued to focus on the situation in…
‘Crude’ impact on economy: Every $10 rise in Brent widens India’s CAD by 0.5%
The economic impact of global oil supply have important implications for India – a net importer…
Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl
Oil prices rose to a fresh 10-month high for the fifth straight session and were on…
Oil shoots up to 2023 highs after Saudi, Russia supply cuts; Brent over $93/bbl
Oil prices leaped to their highest level this year on Thursday, September 14, extending its rally…