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Latest Articles in brent crude oil

Oil Rises Above $56 As Tighter Supply Offsets Virus Concern

The regulator observed that the 18-year period stipulated in the scheme has expired and ORIPL has not yet made repayment of profit, income to investors as promised by it.

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Oil Prices Fall On Renewed Coronavirus Concerns As China Cases Mount

Brent crude oil futures fell 42 cents, or 0.8%, to $55.57 a barrel by 0146 GMT after earlier climbing to $56.39, its highest since Feb. 25, 2020. Brent rose in the previous four sessions.

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Oil Rises To 10-Month High After Saudi Output Cut, US Inventory Draw

Brent crude settled up 70 cents, or 1.3%, at $54.30 a barrel. Earlier in the session, it hit a high of $54.73 a barrel, a level not seen since Feb. 26, 2020.

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Brent Oil Rises To Highest Since February After Saudi Arabia Output Cut

Brent crude rose as much as 0.6% to $53.94 a barrel, the highest since Feb. 26, 2020. It was at $53.79 a barrel at 0147 GMT and gained 4.9% on Tuesday.

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Oil Prices Slip After OPEC Warns Of Downside Risks To Demand In First-Half 2021

Brent crude for March was at $51.76 a barrel, down 4 cents or 0.08%, by 0038 GMT while U.S. West Texas Intermediate crude for February fell 9 cents, or 0.2%, to $48.43 a barrel.

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Oil Edges Higher, But Posts 20% Annual Drop In Tumultuous 2020

Prices for 2020 bottomed in April as fuel demand collapsed due to the COVID-19 pandemic and after a price war between oil giants Saudi Arabia and Russia.

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Oil Up On Hopes Of Recovery In Demand, Lower US Inventories

Brent crude futures rose 19 cents, or 0.4%, to $51.28 a barrel, by 0255 GMT and U.S. West Texas Intermediate (WTI) crude rose 29 cents, or 0.6%, to $48.29.

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Oil Gains On Hopes US Pandemic Stimulus Payments To Spur Fuel Demand

Brent crude futures climbed 36 cents, or 0.7%, to $51.22 a barrel, as of 0151 GMT and U.S. West Texas Intermediate (WTI) crude futures added 34 cents, or 0.7%, to $47.96 a barrel.

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Oil Rises On US Inventory Draw, Brexit Deal Hopes

US West Texas Intermediate (WTI) crude futures rose 18 cents, or 0.4%, to $48.30 a barrel by 0124 GMT, while Brent crude futures climbed 20 cents, or 0.4%, to $51.40.

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Oil Slips Again As New Coronavirus Strain Proves 'Nightmare Before Christmas'

US West Texas Intermediate (WTI) crude futures dropped 30 cents, or 0.6%, to $47.67 a barrel at 0156 GMT, while Brent crude futures fell 26 cents, or 0.5%, to $50.65 a barrel.

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Oil Prices Fall Amid Worries Over New Coronavirus Strain

Brent crude dropped 97 cents, or 1.9%, to $51.29 a barrel by 0103 GMT after rising 1.5% and touching its highest since March last Friday.

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Oil Prices Rise, Hit 9-Month High On US Stimulus Progress

The US dollar set a 2-1/2 year low against major rivals on Thursday. Since crude is priced in greenbacks, this made oil cheaper for buyers holding other currencies.

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Oil Prices Climb To Nine-Month High After Inventory Draw

Brent crude futures rose 72 cents, or 1.4%, to $51.80 a barrel at 0744 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose by 71 cents, or 1.5%, to $48.53 a barrel. Both benchmarks hit their highest since early March.

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Oil Prices Rise On Vaccine Hopes, Ship Explosion At Saudi Arabia

Brent crude futures for February rose 38 cents, or 0.8%, to $50.35 a barrel by 0454 GMT, while U.S. West Texas Intermediate crude futures for January were up 32 cents, or 0.7%, at $46.89 a barrel.

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India's Fuel Demand Climbs For Third Straight Month In November

Total fuel demand fell 3.7% on year after registering its first year-on-year increase since February in October, as manufacturing and services slowed with consumers staying indoors to avoid getting infected by the novel coronavirus.

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