Brent Crude Oil News

Markets

Oil prices jump the highest ever after attack cuts Saudi Arabian supplies

Brent jumped more than 19% on ICE Futures Europe to $71.95 a barrel, its biggest gain in percentage terms since 1991Gold, the yen and Treasuries also surged on concern over the geopolitical fallout from the attacks

3 min read16 Sep 2019
Markets

NSE to launch crude oil contracts on 1 March, signs pact with ICIS for data

NSE will launch two cash-settled futures products – 100 barrel brent crude oil futures and 10 barrels brent crude oil mini futuresThe trading session for both the futures will be between 9:00 am and 11:30 pm from Monday to Friday

1 min read28 Feb 2019
Industry

Petrol and diesel price dropped again. Check today’s rates in top cities

The decline comes amid downward movement in global crude oil prices

1 min read23 Dec 2018
Industry

Oil prices rise on Asian stock rally, OPEC-led cuts

Oil prices climb by around 1% amid a stock market rebound and on expectations that an OPEC-led output cut for 2019 would stabilise the supply-demand balance

2 min read12 Dec 2018
Industry

Brent oil price sinks to $59.49 after OPEC delays output decision

Oil fell in choppy trading today after OPEC ended a key meeting having made no decision on crude output, as it prepared to debate the matter with other exporters the next day

2 min read6 Dec 2018
Industry

Oil prices poised for worst month in 10 years on spectre of supply glut

After reaching a four-year high in early October, crude prices have collapsed more than 30 percent, marking the worst crash since 2015

2 min read30 Nov 2018
Market

Shares of IOC, BPCL, HPCL surge as crude prices slumps

International benchmark Brent crude oil futures struggle to claw back after plunging 7 percent on Tuesday

1 min read14 Nov 2018
Industry

Oil price extend losses as other markets fall, stockpiles climb

Oil prices fell to two-week lows on Thursday as it extended big losses from the previous session amid a rout in global stock markets

2 min read11 Oct 2018
Industry

Oil prices rise on US crude stock draw, supply concerns

Oil prices gain after news of another drawdown in US crude inventories and on signs that OPEC may not raise production enough to compensate for the loss of Iranian exports hit by US sanctions

1 min read20 Sep 2018
Industry

Oil prices slump 3% as Opec and Russia consider output boost

Brent crude futures fell $2.35, or 3%, to settle at $76.44 a barrel as Saudi Arabia and Russia discuss easing production cuts

2 min read26 May 2018
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