Tag results for: Crude oil futures
Crude oil up as US seeks to replenish strategic reserves
Crude oil futures gained on Monday morning following the US Energy Department’s decision to replenish strategic oil reserves in that country. At 9.57 am on Monday, February Brent...
Crude oil up on Russia-Saudi joint statement on output cuts
Crude oil futures gained in early trade on Friday morning as Russia and Saudi Arabia asked OPEC (Organisation of the Petroleum Exporting Countries) and its allies, known as...
Crude oil below $78 a barrel as industry data shows inventory build in US
Crude oil futures traded below $78 a barrel on Wednesday morning. While the US, one of the major consumers of crude oil, showed an increase in crude oil...
Crude oil futures dive below $79 amidst regional tensions: Red Sea attacks shake markets
Crude oil futures traded below $79 a barrel on Monday morning despite the attack on commercial vessels in the Red Sea region over the weekend. Uncertainty over the...
Crude oil down on voluntary production output cuts by OPEC
Crude oil futures traded lower on Friday morning as the market was disappointed with the voluntary production output cuts announced by OPEC (Organisation of the Petroleum Exporting Countries)...
Crude oil gains on speculation over further output cuts
Crude oil futures traded marginally lower on Friday morning following speculation over the further production cuts by the oil-producing nations in the coming days. The ministerial meeting of...