Recent Highlights
All Stories for Wti Crude
BSE brings negative price feature for commodity derivatives segment after recent development in crude oil futures
• 5 years agoBSE will make available the negative price level feature at its trading system for commodity derivatives segment, the leading exchange said on Tuesday
Coronavirus Outbreak: Oil prices tumble on demand collapse, Brent crude at 1999 lows
• 5 years agoOil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak
Oil price collapse in US not to lead to any big drop in petrol, diesel prices in India, say experts
• 5 years agoThe historic rout in oil markets that sent US crude prices plummeting to as much as minus $40 a barrel is unlikely to translate into any big reduction in petrol and diesel prices in India as domestic pricing is based on the different benchmark, and refineries are already filled up to brim and cannot buy US crude just yet
Oil prices rebound: US crude futures show modest rise from $0 a barrel, but gains capped on demand concerns
• 5 years agoOil prices have skidded as travel restrictions and lockdowns to contain the spread of the coronavirus curbed global fuel use, with demand down 30 percent worldwide. That has resulted in growing crude stockpiles with storage space becoming harder to find.
Coronavirus Outbreak: Oil prices jump on hopes of OPEC, Russia meeting tomorrow on output cuts
• 5 years agoOil bounced back on Wednesday, with US crude jumping over $1, lifted by hopes that a meeting between OPEC members and allied producers on Thursday will trigger output cuts to shore up prices that have crumbled amid the coronavirus pandemic
Brent crude reverses losses incurred in early European trading; hopes for a huge global supply cut deal
• 5 years agoBenchmark Brent crude oil futures reversed losses incurred during Asian hours in early European trading on Friday to rise above $30 a barrel, with hopes of a huge global supply cut deal to support prices still alive
Oil prices rise for second day on strong demand from refineries in China, US stockpile drop
• 6 years agoOil prices rose for a second day on Wednesday on signs of strong demand from refineries in China, the world’s second-largest crude user, amid tightening supply as producers curtail output and as oil inventories in the United States fell unexpectedly
Oil slips from five-month high as sluggish economic outlook counters tight market, Brent futures at strongest level
• 6 years agoDespite the economic concerns, global oil markets are tight, and Brent and WTI crude oil futures have risen by 40% and 30% respectively since the start of the year.
Oil prices hit November 2018 highs driven by OPEC supply cuts, US sanctions against Iran, Venezuela
• 6 years agoRussia is a reluctant participant in its agreement with OPEC to withhold output