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Page 6 - Us Oil Prices

House Democrats urge Biden to release oil reserves, put a ban on exports

Democrats in the House of Representatives urged President Joe Biden to release crude oil from the US Strategic Petroleum Reserve (SPR)

House Democrats urge Biden to release oil reserves, put a ban on exports
Updated On : 23 Nov 2021 | 10:49 AM IST

US set to unveil oil release from emergency stockpile to lower prices

The United States is expected to announce a loan of crude oil from its emergency stockpile on Tuesday

US set to unveil oil release from emergency stockpile to lower prices
Updated On : 23 Nov 2021 | 9:35 AM IST

Oil prices stabilise after swings on prospect of crude stockpiles release

Brent crude was up 28 cents or 0.3% at $81.52 a barrel by 0145 GMT, after falling to a six-week low on Thursday before rebounding to close 1.2% higher.

Oil prices stabilise after swings on prospect of crude stockpiles release
Updated On : 19 Nov 2021 | 9:00 AM IST

Oil hovers above six-week low as China readies crude reserve release

Washington's bid to cool markets, asking China to join a coordinated action for the first time, comes as high gasoline prices and other inflationary pressures have sparked a political backlash.

Oil hovers above six-week low as China readies crude reserve release
Updated On : 19 Nov 2021 | 7:42 AM IST

Oil edges up on rising demand forecasts, ahead of US price outlook

The rally came ahead of the U.S. Energy Information Administration's (EIA) release of oil and gasoline price predictions

Oil edges up on rising demand forecasts, ahead of US price outlook
Updated On : 10 Nov 2021 | 2:00 AM IST

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected

Brent futures and US West Texas Intermediate crude pared losses of more than 1%

Oil prices rise ahead of OPEC+ meeting; US stocks rise more than expected
Updated On : 04 Nov 2021 | 4:43 PM IST

Oil prices slip after industry data shows US inventory build-up

Brent crude futures fell $1.03, or 1.2%, to $83.69 a barrel by 0724 GMT

Oil prices slip after industry data shows US inventory build-up
Updated On : 03 Nov 2021 | 2:01 PM IST

World oil prices drops as data shows big build in United State inventory

Brent crude futures fell 71 cents, or 0.9%, to $84.00 a barrel by 0450 GMT, after dropping to a session-low of $83.27 earlier.

World oil prices drops as data shows big build in United State inventory
Updated On : 03 Nov 2021 | 1:51 PM IST

Oil surges past $80 with global power crisis set to boost demand

West Texas Intermediate futures climbed around 2% after topping the psychological price threshold on Friday for the first time since November 2014

Oil surges past $80 with global power crisis set to boost demand
Updated On : 11 Oct 2021 | 12:36 PM IST

US oil prices rise to highest since 2014 amid global energy crunch

US oil prices rose for a fifth day on Wednesday to their highest since 2014 amid global concerns about energy supply on signs of tightness in crude, natural gas and coal markets.

US oil prices rise to highest since 2014 amid global energy crunch
Updated On : 06 Oct 2021 | 9:34 AM IST
Updated On : 14 Sep 2021 | 2:05 PM IST

Oil recovers as tight US supplies offset China reserves sale plan

SINGAPORE (Reuters) - Oil prices rose on Friday on growing signs of tightness in U.S. markets after Hurricane Ida hit offshore output, although benchmarks were heading for weekly losses of nearly 1% after China announced plans to sell crude from its strategic reserves.

Oil recovers as tight US supplies offset China reserves sale plan
Updated On : 10 Sep 2021 | 1:52 PM IST

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises

The domestic currency has lost 27 paise in the last four trading sessions.

Rupee slips 1 paisa to close at 73.07 against US dollar as oil rises
Updated On : 11 Jun 2021 | 4:44 PM IST

Oil steadies after sell-off as US stockpiles rise less than expected

Crude inventories in the United States increased by 1.3 million barrels last week, against analysts' expectations for a 1.6 million-barrel rise

Oil steadies after sell-off as US stockpiles rise less than expected
Updated On : 20 May 2021 | 2:04 PM IST

Will Colonial fuel pipeline shutdown mean US pump prices rise?

The largest US fuel pipeline system, Colonial Pipeline, shut down on Friday after a cyberattack

Will Colonial fuel pipeline shutdown mean US pump prices rise?
Updated On : 10 May 2021 | 5:01 PM IST

Oil prices slip for fifth consecutive day lower after US stockpile build

Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook

Oil prices slip for fifth consecutive day lower after US stockpile build
Updated On : 18 Mar 2021 | 7:51 AM IST

US becomes India's second biggest oil supplier, Saudi falls to fourth spot

Iraq continued to be the top oil seller to India despite a 23% decline in purchases to a five-month low of 867,500 bpd, the data showed

US becomes India's second biggest oil supplier, Saudi falls to fourth spot
Updated On : 16 Mar 2021 | 12:36 AM IST

Barclays lifts 2021 oil price outlook on tighter US supply view

Barclays cited weaker than expected supply response from US producers to higher prices

Barclays lifts 2021 oil price outlook on tighter US supply view
Updated On : 25 Feb 2021 | 4:03 PM IST

Oil prices increase more than $1 as US output slow to restart

Morgan Stanley expects Brent crude prices to climb to $70 per barrel in the third quarter

Oil prices increase more than $1 as US output slow to restart
Updated On : 23 Feb 2021 | 1:59 PM IST

Oil prices rise with storm-hit US output set for slow return

Brent crude was up 49 cents, or 0.8%, at $63.40 a barrel by 1330 GMT

Oil prices rise with storm-hit US output set for slow return
Updated On : 22 Feb 2021 | 7:51 PM IST