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Friday, April 03, 2020

crude oil


Oil falls on scepticism over Trump's Saudi-Russia output deal

April 03, 2020 12:35 pm

Brent crude futures fell 3.27%, or 98 cents, to $28.96 per barrel as of 0335 GMT, after having soared 21% on Thursday.

Oil jumps as Trump talks up truce hopes for Saudi-Russia price war

April 02, 2020 10:21 am

Brent crude futures rose 5.9 per cent, or $1.46, to $26.20 as of 0418 GMT, while US West Texas Intermediate (WTI) crude futures were up 4.6 per cent or 94 cents, at $21.25.

Oil prices fall as US inventory build-up heightens oversupply concerns

April 01, 2020 11:33 am

As of 0345 GMT, Brent crude was down by 47 cents, or 1.8%, at $25.88 a barrel. US West Texas Intermediate crude was up 12 cents, or 0.6%, at $20.6 a barrel, an uptick analysts said was driven by position building at the start of a the new quarter.

Oil rebounds from 18-year lows after US, Russia agree to talks

March 31, 2020 11:21 am

Brent crude was up by 43 cents, or 1.9%, at $23.19 a barrel by 0406 GMT, after closing on Monday at $22.76, its lowest finish since November 2002.

Crude oil futures drop as pandemic darkens demand outlook

March 30, 2020 11:09 am

US West Texas Intermediate (WTI) crude futures fell as far as $19.92, near an 18-year low hit earlier this month, and was last trading down 5.4%, or $1.17, at $20.34 a barrel.

Crude oil futures firm up on overseas cues

March 25, 2020 4:55 pm

On the Multi Commodity Exchange, crude oil for delivery in April traded higher by Rs 103, or 5.5 per cent, to Rs 1,976 per barrel in 27,659 lots.

Oil jumps 5% to over $28 on Fed steps to support economy

March 24, 2020 5:01 pm

Brent crude was up by $1.44 a barrel, or 5.3%, to $28.47 by 0926 GMT. The global benchmark fell to $24.52 on Wednesday, its lowest level since 2003.

Oil extends gains after Trump hints at intervening in Saudi-Russia price war

March 20, 2020 10:56 am

Prices were also supported by United States' plans to buy oil for its emergency stockpile, while regulators in the country's largest oil-producing state Texas were reportedly considering curtailing production.

Oil pares gains as investors wait to see if coronavirus stimulus works

March 19, 2020 10:41 am

While oil investors try to get a grip on the demand shock from the pandemic, supply keeps flowing into the market as major producers fight for market share

Oil slumps 6% as US bans travel from Europe over coronavirus pandemic

March 12, 2020 11:01 am

Oil is down around 50% from highs reached in January.


Fuel prices at an all-time high: News in Numbers

September 03, 2018 10:21 am

How the government is explaining the rise in petrol and diesel prices. Take a look in today’s News in Numbers.