Crude Oil Futures

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  Crude Oil Surges Towards $100 As Iran-US Conflict Fuels Supply Concerns

  Oil prices jumped more than one percent towards $100 Wednesday and stocks struggled as a fresh flare-up in the Middle East crisis stoked supply concerns, putting upward pressure on inflation ahead of key data at the end of the week.

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  Iran Attack On Israel: Crude Oil Futures Decline On Low Demand

  On the Multi Commodity Exchange, crude oil for April delivery fell Rs 113 or 1.57 per cent to Rs 7,074 per barrel with a business volume of 6,469 lots.

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  Oil Rises $2 As Dollar Eases, Market Wary Of Fed

  Oil futures have been volatile in recent weeks, pressured by worries that rising interest rates could slow economic activity and fuel demand but supported by tight supply, especially since Russia's invasion of Ukraine and Western sanctions on Moscow.

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  Oil Falls On Recession Jitters, China COVID Curbs

  Brent crude futures fell 82 cents or 0.8% while U.S. WTI crude futures declined by $1.04, or 1% after both posted gains of around 2% last Friday.

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  Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban

  Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

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  Oil Prices Extend Gains After EU Bans Most Russia Oil Imports

  European Union leaders agreed in principle to cut 90% of oil imports from Russia by the end of 2022

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  Oil Rises $2/bbl After G7 Vows New Russian Sanctions

  Libya said it would have to halt exports from the Gulf of Sirte due to unrest in the region while Ecuador said it would need to suspend production amid anti-government protests

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  Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing

  Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May

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  Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax

  Tight supply has been aggravated by a drop in exports from Libya amid a political crisis that has hit output and ports.

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  Oil Settles Up 1% On Tight Supply, U.S. Crude At 13-Week High

  Brent futures gained $1.06, or 0.9%, to settle at $120.57 a barrel, its highest since May 31. U.S. West Texas Intermediate (WTI) crude gained 91 cents, or 0.8%, to $119.4.

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  Oil Settles Up Despite OPEC+ Output Hike Plan; Supply Still Tight

  OPEC+, on Thursday agreed to boost output by 648,000 barrels per day (bpd) a month in July and August

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  Equities Bounce Back While Yields, Oil Prices Drop

  U.S. Treasuries rallied, with the yield on the benchmark 10-year note tumbling from a more than three-year high to below 3% as investors reassessed the inflation outlook before U.S. consumer price index (CPI) data

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  Oil Tumbles About 6% As China COVID Lockdowns Weigh

  Crude imports by China in the first four months of 2022 fell 4.8% from a year ago, but April imports were up nearly 7%.

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  Oil Slips On China Demand Worries, While EU Weighs Russia Oil Ban

  Oil slipped by more than 1% on Tuesday as concerns about demand due to China's prolonged COVID lockdowns outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

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  Oil Eases As China Lockdowns Weigh On Demand Outlook

  Brent crude futures rose 15 cents to $107.74 a barrel by 0410 GMT while U.S. West Texas Intermediate crude dipped 3 cents to $105.33 a barrel