Trends - oil market

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Oil prices gain after IEA says market tight

Brent crude futures rises 39 cents a barrel while US West Texas Intermediate crude gains 45 cents

Published 11 Feb, 2022 10:57pm

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Oil slips below $89 on speculation of faster OPEC+ hike

Goldman sees 'growing potential' for faster OPEC+ output hike

Published 01 Feb, 2022 05:37pm

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Oil at seven-year high as Ukraine crisis overshadows Fed

Crude prices surges, with Brent climbing above $90 a barrel or the first time in seven years

Published 27 Jan, 2022 08:48pm

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Oil prices slip from 2014 highs, supply concerns limit losses

Oil slips on indications of rising US stocks and as investors took profits after a recent price rally

Published 21 Jan, 2022 12:01am

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Oil rises more even as OPEC+ lifts output, U.S. fuel demand slips

Brent crude futures rise $1.27, or 1.6%, to $81.26 a barrel

Published 05 Jan, 2022 10:27pm

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OPEC+ to meet as Omicron sparks price turmoil

The OPEC+ alliance has resisted US-led pressure to step up production to bring down surging...

Published 30 Nov, 2021 07:14pm

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Oil near six-week low as China readies crude reserve release

The bid by the US to cool markets, asking China to join a coordinated action for the first time, comes as...

Published 18 Nov, 2021 08:49pm

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Oil prices climb as COVID recovery, power generators stoke demand

By Jessica Jaganathan SINGAPORE: Oil prices hit their highest level in years on Monday as demand recovers from the...

Published 18 Oct, 2021 12:03pm

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Oil prices rise to three-year high on back of supply deficit forecasts

By Laura Sanicola Oil prices settled at a three-year high above $85 a barrel on Friday, boosted by forecasts of a...

Published 16 Oct, 2021 01:58pm

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Oil market still faces uncertainties due to COVID-19, OPEC chief says

The oil market continues to face uncertainties stemming from the COVID-19 pandemic, OPEC Secretary General Mohammad...

Updated 16 Oct, 2021 12:03pm

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Oil recovers as tight U.S. supplies offset China reserves sale plan

By Florence Tan and Sonali Paul SINGAPORE: Oil prices rose on Friday on growing signs of tightness in U.S. markets...

Published 10 Sep, 2021 12:13pm

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Stocks steady as investors eye Jackson Hole

Oil prices made modest gains after jumping more than eight percent in the previous two...

Updated 25 Aug, 2021 07:53pm

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Asian markets mostly up but Fed taper talk, Delta temper gains

Spiking infections around the world from the Delta coronavirus variant are also jangling nerves and...

Published 09 Aug, 2021 04:04pm

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US stocks, oil prices stumble as jobs report disappoints

European stock markets closed higher but the Dow fell after a report showed that hiring by...

Published 04 Aug, 2021 11:19pm

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European stocks climb, oil rebounds but China concerns linger

Oil prices rebounded but did not make much of a dent in Monday's sharp losses, as the...

Published 03 Aug, 2021 05:49pm

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OPEC+ postpones meeting to end oil output impasse, no new date set

Since May, the group has raised oil output bit by bit, after slashing it more than a...

Published 06 Jul, 2021 12:09am

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UAE rejects 'unfair' OPEC+ output deal

In a row that could put at risk the energy market's post-coronavirus recovery, the UAE's push to...

Published 04 Jul, 2021 05:07pm

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Oil extend losses into 3rd day on U.S. stock build, pandemic fears

Oil prices extended their losses into a third day on Thursday as a surprise build-up in U.S. crude inventories and a...

Published 22 Apr, 2021 12:02pm

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Oil prices rise on weaker dollar, likely drawdown in U.S. stocks

SINGAPORE (Reuters) - Oil prices rose on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world’s biggest oil user, though rising coronavirus cases in Asia capped gains.

Published 20 Apr, 2021 09:21am

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Oil drops as surging COVID-19 infections stoke demand concerns

TOKYO: Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted...

Published 19 Apr, 2021 01:02pm

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Oil maintains upward momentum but virus concerns cap gains

SINGAPORE:Crude climbed on Wednesday after industry data showed U.S. oil inventories declined more than expected and...

Published 14 Apr, 2021 11:36am

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US oil remains neutral in $58.80-$60.04 range

SINGAPORE: US oil remains neutral in a range of $58.80 to $60.04 per barrel, and an escape could suggest a ...

Published 12 Apr, 2021 12:15pm

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Oil prices recover some ground on fears Suez blockage may last weeks

TOKYO:Oil prices reversed a sharp sell-off a day earlier to rise 1% on Friday on mounting fears that it could take...

Published 26 Mar, 2021 10:57am

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Oil falls as demand concerns trump Suez Canal disruptions

MELBOURNE : Oil prices fell more than 1% as fresh coronavirus lockdowns revived worries about demand for...

Published 25 Mar, 2021 11:21am

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Oil steadies, recovery stunded by European lockdowns, U.S. stockbuild

TOKYO (Reuters) - Oil prices steadiedr on Wednesday, following the previous day’s slump, but the recovery was...

Published 24 Mar, 2021 10:47am

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Brent crude heads toward $70 as China energy demand outlook brightens

SINGAPORE: Oil prices rose on Monday, with Brent heading toward $70 a barrel, as data showed China’s economic...

Published 15 Mar, 2021 10:54am

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Oil prices rise on economic outlook, drawdown in fuel stocks

SINGAPORE (Reuters) - Crude oil prices rose on Thursday as vaccine rollouts bolstered the economic outlook and U.S. fuel stocks fell sharply, although gains were capped by a surge in crude oil inventories after last month’s Texas storm.

Published 11 Mar, 2021 07:24am

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