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Brent crude oil News

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Brent crude futures dropped by 62 cents. The price of WTI is $84.94 per barrel. You can check your city fuel rates by just sending an SMS.
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WTI increased by $1.05 to $86.92 Brent crude futures increased by 72 cents to end at $93.86 per barrel. The cost of gasoline and diesel has been fairly constant for a long time.
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In Mumbai, petrol costs Rs 106.31 per litre In Delhi, Diesel costs Rs 94.27 per litre. In Lucknow, petrol costs Rs 96.57 per litre.
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Petrol in Bengaluru costs Rs 101.94 Diesel in Mumbai costs Rs Rs 94.27 Petrol in Kolkata costs Rs 106.03
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Markets recovered after two days of continuous decline Sensex climbs 324 points to 54,211. Nifty scaled to 16,139.
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Oil prices rallied for a third straight day. Brent crude hit the highest since August 2. Brent crude was up 40 cents, or 0.5%.
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Benchmark Brent crude oil futures rose to as much as $83.32 a barrel on Wednesday and were at $83.09 at 0335 GMT, still 36 cents, or 0.4 percent above their last close.
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Brent crude oil touched its highest since November 2014 at $77.20 a barrel.
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Brent crude futures rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close. Brent surged more than 3 percent on Tuesday to hit its highest level since late 2014, at $71.34 a barrel.
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Oil prices remained weak in Asia on Tuesday on tepid economic data from Japan and indications that major crude exporter Saudi Arabia's 2016 budget is based on prices staying low. 
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Brent crude fell by 3.4 percent below $37 a barrel for the first time since December 2008 and U.S. West Texas Intermediate (WTI), sank 2.5 percent below $35 a barrel.
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The front-month October contract for Brent, the global oil benchmark, shed 5 cents to USD 48.84 a barrel after it settled up USD 1.31, or 2.8 percent, on Thursday at USD 48.89 a barrel.
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US crude futures rose on Wednesday after a more than three percent slide in the previous session, supported by a larger than expected drop in crude inventories, although a firmer dollar capped gains.
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Oil rose 3 percent on Tuesday, the most in three weeks, as a weak dollar lifted commodities denominated in the currency and OPEC raised slightly its forecast for world oil demand growth.
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US benchmark West Texas Intermediate for June delivery eased eight cents to USD 59.31 while Brent crude for June rose two cents to USD 65.41 in late-morning trade.
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Global oil prices hit 2015 peaks today as fresh tensions in oil producer Libya raised concerns about a supply disruption in the Middle East, analysts said.
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Brent crude oil rose to $67 a barrel on Tuesday, just below its 2015 high, after protests stopped crude flows to the eastern Libyan oil port of Zueitina, hampering exports.
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Oil prices fell in Asia on Tuesday after a senior Saudi official signalled that the world's top crude exporter has no intention of cutting production despite a global supply glut, analysts said.
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Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.






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