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Latest Articles in crude oil

Oil Slips As Traders Eye Supply Cut Easing At OPEC Meeting

Brent crude fell 27 cents to $42.97 a barrel by 0114 GMT while U.S. West Texas Intermediate crude was at $40.27 a barrel, down 28 cents.

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IEA Raises 2020 Oil Demand Forecast But Warns COVID-19 Clouds Outlook

The IEA said the Organization of the Petroleum Exporting Countries and other producers including Russia, a grouping known as OPEC+, had shown 108% compliance with their pact to rein in output.

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Oil Falls, Heads For Weekly Decline As Virus Cases Hit Record

Brent crude was down by 25 cents, or 0.6%, at $42.10 a barrel by 0341 GMT after falling more than 2% on Thursday. U.S. oil fell 33 cents, or 0.8%, at $39.29 a barrel after a drop of 3% in the previous session.

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India's Fuel Demand Recovered Further In June

Demand for fuel plunged to 9.94 million tonnes in April, its lowest level since 2007 as stringent lockdown measures hammered economic activity, but it has since recovered by 64%.

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Oil Slips As Coronavirus Fears Offset Gasoline Recovery Signs

Brent crude futures fell 21 cents, or 0.4%, to $43.08 by 0908 GMT, after gaining 0.5% on Wednesday.

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Oil Eases As Coronavirus Fears Offset Gasoline Recovery Signs

Brent crude futures slipped 7 cents, or 0.2%, to $43.22, after gaining 0.5% on Wednesday.

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Oil Dips As US Inventory Build Stokes Supply Fears

Brent crude futures fell 13 cents, or 0.3%, to $42.95 a barrel by 0019 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 10 cents, or 0.3%, to $40.52 a barrel.

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Coronavirus Pain Drives Big Oil's Dash For Record Debt

Oil majors' revenues are expected to drop sharply in the second quarter after movement restrictions to limit the spread of the novel coronavirus that causes COVID-19 led to a steep drop in fuel consumption.

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Oil Prices Mixed As Coronavirus Spike Casts Shadow Over US Demand

Brent crude rose 18 cents, or 0.4%, to $42.98 a barrel by 0252 GMT after a 4.3% gain last week, while U.S. West Texas Intermediate crude was at $40.42, down 23 cents

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Oil Falls Below $43 A Barrel On Virus Fears, Still Heads For Weekly Gain

Brent crude was down 38 cents, or 0.9%, at $42.76 a barrel by 12:03 p.m. EDT (1603 GMT), and U.S. West Texas Intermediate (WTI) crude fell 44 cents, or 1.1%, to $40.21.

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Oil Falls As Growing Coronavirus Cases Stoke Fuel Demand Worries

Brent crude futures were down 37 cents, or 0.9%, at $42.77 a barrel as of 0042 GMT, and U.S. West Texas Intermediate (WTI) crude futures fell 34 cents, or 0.8%, to $40.31 a barrel.

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OPEC Cuts June Oil Exports By 1.84 Million Bpd - Kpler

Saudi exports accounted for almost half of the month-on-month drop, falling by 979,000 bpd.

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Oil Prices Gain On Fall In Crude Stockpiles

Brent crude futures was up 25 cents or 0.6% at $42.28 a barrel, after rising 1.8% in the previous session.

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India's Fuel Demand Continues To Recover In June

Sales of liquefied petroleum gas (LPG) rose nearly 17% in June from a year ago while jet fuel declined by 67.3% during the same period.

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Saudi Arabia May Raise August Crude Oil Prices To Asia

State oil giant Saudi Aramco sets its crude prices based on recommendations from customers and after calculating the change in the value of its oil over the past month

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