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Crude Oil prices

Crude Oil prices dip as traders await progress on push for Ukraine peace deal

Last Updated On February 24, 2025 3:50 PM by Anil Yadav

Crude Oil prices extended last week’s losses on Monday as investors awaited clarity on talks to end the war in Ukraine and weighed up the prospect of a resumption in crude exports from northern Iraq.

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Oil prices fall as trade war concerns dampen demand outlook

Crude Oil dips on pending Kurdistan supply resumption

Last Updated On February 24, 2025 3:31 PM by Ananya

Crude Oil prices slipped in early trade on Monday, extending losses from last week, on the prospect of a resumption of exports from Kurdistan’s oilfields, while investors awaited clarity on talks to end Russia’s war on Ukraine.

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Crude Oil resists dollar pressure to hold at three-month high

Crude Oil Price Retreats as OPEC+ Hints at supply Hikes

Last Updated On April 5, 2021 8:43 PM by Neal Bhai

The price of crude oil declined slightly after the latest OPEC+ meeting. The leaders met during the weekend and agreed to gradually ease some of its production cuts between May and July.

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Brent Oil Extends Advance Toward $60 on Tightening Global Market

Last Updated On February 8, 2021 8:35 PM by Neal Bhai

Brent Oil advanced near $60 a barrel as global supplies tighten and the demand outlook improves with the rollout of Covid-19 vaccines.

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Crude Oil Prices May Extend Gains as Investors Eye OPEC JMMC Meeting

Last Updated On December 14, 2020 7:22 AM by Neal Bhai

VACCINE PROGRESS TO UNDERPIN OIL PRICES

Crude oil prices have stormed higher since falling to multimonth lows at the start of November, climbing over 40% in the last 6 weeks on the back of positive Covid-19 vaccine progress and the decision by OPEC+ to ease output cuts more moderately than expected.

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Crude Oil Steady Near $47 Ahead of U.S. Coronavirus Vaccine Rollout

Last Updated On December 14, 2020 7:39 AM by Neal Bhai

Crude Oil was steady in New York ahead of the rollout of the first Covid-19 vaccine in the U.S., raisingoptimism of a recovery in fuel demand in the world’s biggest crude consumer.

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WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips)

Last Updated On December 9, 2020 6:19 PM by Neal Bhai

WTI Crude Oil Above 43.65 Next Target $45——$47 (Buy on Dips) – crude oil prices entered a brief consolidation after hitting a key chart resistance level at US$ 46.30.

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Regulator says 91% of U.S. Gulf crude oil production remains shut after hurricane

Last Updated On October 14, 2020 2:42 PM by Neal Bhai

The U.S. Bureau of Safety and Environmental Enforcement (BSEE) said 91% of offshore crude oil production remains shut in the U.S.-regulated northern Gulf of Mexico following Hurricane Delta, which made landfall on Friday.

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Hedge funds cut bullish bets on U.S. crude as demand outlook worsens

Last Updated On October 13, 2020 5:50 AM by Neal Bhai

Crude as demand outlook – Hedge funds and money managers cut bullish wagers on U.S. crude, data showed on Friday, as rising coronavirus cases around the world weakened the demand outlook, and a rise in OPEC output last month also weighed on the market.

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Oil Edges Higher on U.S Stockpiles Build and OPEC+ Compliance

Last Updated On July 15, 2020 10:08 AM by Neal Bhai

Oil edged higher after a report pointed to a drop in U.S. crude stockpiles and on signs that additional supply from OPEC+ next month won’t be as much as previously anticipated.

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