Global Oil Stocks

Brent crude futures rose 8 cents to $80.07 per barrel by 0126 GMT, while US West Texas Intermediate (WTI) crude futures gained 6 cents to $76.29

Crude oil was trading around $104 a barrel on Tuesday as some buyers shunned Russian barrels after Western allies imposed sanctions on Moscow

Oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.

Oil prices head for a weekly fall after losses on Friday as the prospect of increased Iranian oil exports eclipsed fears of potential supply disruption resulting from the Russia-Ukraine crisis.

Stocks fell on Thursday as investors took fright after Russia reports of firing in Ukraine, while traders sought safety in government bonds and oil clawed back some of its heavy early losses.

Oil prices fell on Thursday as talks to revive a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between Russia and the West over Ukraine

Oil prices recover losses on Wednesday as investors considered conflicting statements on possible withdrawal of some Russian troops around Ukraine amid tight global supplies and recovering fuel demand

World stocks crept higher on Wednesday, while assets such as government bonds and gold lost ground, despite Western doubt of Russian claims of troops pullback from Ukraine's borders.

Oil prices recover losses on Wednesday as investors considered conflicting statements on possible withdrawal of some Russian troops around Ukraine amid tight global supplies and recovering fuel demand

Oil prices recovered losses on Wednesday after slipping over 3% in the previous session, as investors gauge easing of Russia-Ukraine tension against tight global supplies and recovering fuel demand.

Investors are closely watching the outcome of U.S.-Iran nuclear talks which resumed this week. A deal could lift U.S. sanctions on Iranian oil and ease global supply tightness

Traders have accelerated crude oil sales from floating storage in December to meet higher demand in Asia as the region's refineries throttled up for peak winter consumption, trade sources said

With U.S. Covid-19 cases hitting a record this week and new lockdowns looming across Europe, the virus and its impact on petroleum demand show no sign of abating

Traders book profit on gold and silver, MCX crude futures follow WTI, which hit a 21-year low of $18 a barrel

It was the first decline in global production in four months