Why Brent crude's slide has stopped for a few days at least
In the last two months of its slide, Brent had loitered at those levels for three to nine days before resuming its drop.
Jan 09, 2015, 12:38 PM IST
Oil heads for seventh weekly loss as supply glut drags
Oil prices were heading for a seventh weekly loss on Friday, with key producers showing no signs of cutting output in the face of a global supply glut.
Jan 09, 2015, 11:26 AM IST
Brent oil slumps under $50 for first time since 2009
European benchmark Brent oil briefly sank under USD 50 on Wednesday for the first time since 2009, but prices later recovered following mixed demand signals in the United States.
Jan 08, 2015, 02:04 AM IST
Oil prices down almost 10% in two days
Traders said the trend for crude seemed lower but that prices could bounce up whenever there is a break in market sentiment.
Jan 07, 2015, 12:03 PM IST
Oil hits 5-1/2-year lows on supply glut
Oil prices dropped to fresh 5-1/2-year lows on Monday as worries about a surplus of global supplies and lacklustre demand dragged on oil markets.
Jan 05, 2015, 17:24 PM IST
Oil prices hits fresh 5-1/2-year lows; Brent below $56
US crude and Brent futures dropped to fresh 5-1/2-year lows on Monday as worries about a surplus of global supplies amid weak demand continued to drag on oil markets.
Jan 05, 2015, 09:43 AM IST
Oil declines in thin, volatile trading
Global benchmark Brent crude oil closed down nearly a dollar a barrel on Friday after a day of choppy trading despite expectations of new investments in the new year, as strong mid-day rallies in crude fizzled.
Jan 03, 2015, 03:35 AM IST
Morgan Stanley slashes Brent price forecasts
The investment bank cut its average 2015 Brent base case outlook by $28 to $70 per barrel and for 2016, by $14 to $88 a barrel.
Dec 06, 2014, 08:52 AM IST
Diesel, petrol prices likely to be cut as crude oil hits four-year low
Consumers can look forward to more price cuts on both petrol and diesel as Brent crude oil dropped to a four-year low below $82 a barrel on Wednesday.
Nov 12, 2014, 11:42 AM IST
Oil swoons 3% to a four-year low; eyes on Saudi US discount
Brent crude oil fell to a more than four-year low near $82 a barrel on Tuesday, after top oil exporter Saudi Arabia cut sales prices to the United States.
Nov 04, 2014, 18:07 PM IST
Petrol, diesel prices likely to be cut by Rs 2.50/ltr from Friday midnight
Prices of petrol and diesel are likely to be cut by upto Rs 2.50 per litre from Friday midnight due to fall in international brent crude oil prices.
Oct 30, 2014, 10:30 AM IST
Oil falls below $86 as oversupply, global economy worries weigh
Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week`s four-year low. US crude hovered below $83 a barrel.
Oct 21, 2014, 04:13 AM IST
Oil hits two-year low under $96 as Libyan output returns
Brent crude oil futures dropped below $96 a barrel on Wednesday to a two-year low as rising supply from Africa and Iraq offset mounting tensions in the Middle East and stronger-than-expected growth expectations in China.
Sep 25, 2014, 03:07 AM IST
Oil prices down on US stockpiles surge, OPEC reports
Crude prices fell in Asia Thursday following an unexpected surge in US stockpiles and reports that the OPEC oil cartel is unlikely to slash production when it meets in November.
Sep 18, 2014, 12:07 PM IST
Diesel prices will soon be market linked: Mayaram
The Finance Ministry on Thursday expressed hope that domestic diesel prices will soon become market linked in the backdrop of softening global crude oil rates.
Aug 21, 2014, 15:45 PM IST
Brent holds near 14-month low on plentiful supply
Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.
Aug 20, 2014, 10:05 AM IST
Brent falls to 14-month low on improving global supply
Brent crude prices fell to a 14-month low on Tuesday, giving up early gains as recovering Libyan output, sustained Iraqi production and weak demand offset concerns about threats to supply.
Aug 19, 2014, 23:29 PM IST
