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Oil Prices Fall But Hold Above $100 A Barrel As Wild Gyrations In Crude Markets Continue

In another reflection of the wild gyrations in global crude markets, oil futures declined slightly after opening higher on Wednesday and having surged over 6% in the previous session. ....

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Brent Crude Prices Recoup Losses And Rise Nearly 3%, Back-Up Above $100

The wild gyrations in crude markets continued on Tuesday, with Brent oil prices trading nearly 3 per cent higher and back up above $100 after briefly languishing below that level in the previous session. ....

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Brent Crude Falls Over 3% And Crashes To below $100 Per barrel

Brent crude oil fell over 3 per cent to crash below $100 per barrel, following the second straight weekly decline, pressured by China lockdowns and weighed by a surplus boost after announced plans to release a record volume of crude and oil products from strategic stocks. ....

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Indian Crude Basket Prices Down Nearly 13% In April, Compared To March Average

Indian crude oil basket price was $98.68 per barrel on April 08, 2022, at an exchange rate of 75.78 per dollar, according to the Petroleum Ministry's Petroleum Planning and Analysis Cell's latest report, which suggests a 4 per cent decline since April 1 and a near 13 per cent fall compared to March's average. ....

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Crude Markets Mark Second Straight Weekly Decline On Supply Boost

Global crude markets fell for the second straight week on supply boost after announcement of release of oil from strategic reserves even as the wild gyrations in the benchmark futures were the most since the middle of 2020. ....

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