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Brent crude futures

Oil to stay below $70/bbl if Iran sanctions lifted: Indian refiner HPCL
Markets

Oil to stay below $70/bbl if Iran sanctions lifted: Indian refiner HPCL

  • "There had been up and down movement (in oil prices) in the last four days between $70 and $65 depending on the discussions which are happening related to Iran and any positive movement on that should ease the crude prices on the lower side," HPCL chairman M. K Surana told an analyst call.
Published 21 May, 2021 04:47pm
Oil surges $2 after OPEC+ extends output cuts
Markets

Oil surges $2 after OPEC+ extends output cuts

  • Saudi Arabia surprises with continued voluntary cuts.
  • OPEC+ producers keep curbs, agree only small output boost.
  • Decision could affect oil inventories into 2022.
  • Brent and WTI on track for weekly gains.
Published 05 Mar, 2021 08:28pm
TSX futures edge lower on inflation fears
Markets

TSX futures edge lower on inflation fears

  • Brent crude futures and US West Texas Intermediate crude futures gained 1.04% and 0.88%, respectively, while spot gold edged up 0.2%.
  • The Toronto Stock Exchange's S&P/TSX composite index ended 0.36 lower at 18,349.67 on Tuesday.
Published 24 Feb, 2021 06:23pm