Business Standard

Oil Price Rises On Supply Cuts

Oil jumps nearly $4 as OPEC+ weighs biggest output cut since 2020

Brent crude futures rebounded $3.46, or 4.1%, to $88.60 a barrel by 0915 GMT. US West Texas Intermediate crude was up 4.3%, or $3.39, at $82.88

Oil jumps nearly $4 as OPEC+ weighs biggest output cut since 2020
Updated On : 03 Oct 2022 | 3:33 PM IST

Oil rises 2% from nine-month lows on US Gulf output cuts, supply outlook

Prices also drew support from analyst expectations of possible supply cuts from the Organization of the Petroleum Exporting Countries and allies (OPEC+)

Oil rises 2% from nine-month lows on US Gulf output cuts, supply outlook
Updated On : 28 Sep 2022 | 6:30 AM IST

Oil price rises on supply cuts and political tensions in Saudi Arabia

US light crude was up 46 cents or 0.8 per cent at $57.27, just shy of this week's more than two-year high of $57.69 a barrel

Oil price rises on supply cuts and political tensions in Saudi Arabia
Updated On : 10 Nov 2017 | 2:45 AM IST