Oil heads for worst week in six at below $98 on weak demand
Brent crude fell below USD 98 a barrel on Friday, heading for its worst week in six, as concerns over weak demand outweighed geopolitical worries in the Middle East and Ukraine.
Sep 12, 2014, 13:21 PM IST
Brent holds above $98 on Mideast concerns; oversupply worries cap gains
US crude fell 8 cents to $91.59 after falling to $91.22 in the previous day, the lowest since May 2, 2013.
Sep 11, 2014, 12:01 PM IST
Oil hits 16-month low below $99 on strong US supply growth
Brent crude dropped to a fresh 16-month low below USD 99 a barrel on Wednesday with rising supplies and weak demand helping extend losses into a fifth session.
Sep 10, 2014, 16:09 PM IST
Diesel price may be cut for 1st time in 7yrs; Petrol by Re 1/lt
With Brent crude oil prices dipping below USD 100 per barrel, petrol prices may be cut by Re one a litre and there is also a likelihood of first reduction in diesel rates in seven years.
Sep 09, 2014, 21:41 PM IST
Diesel likely to be cheaper by up to 75 paise/litre
Oil marketing companies may cut diesel prices by 50 to 75 paise per litre in their scheduled mid month review due to fall in international crude prices.
Sep 09, 2014, 14:16 PM IST
Brent slips but holds above $100 on OPEC output cut hopes
Expectations of production cuts by the Organization of the Petroleum Exporting Countries come as Gulf Arab oil ministers gather on Thursday in Kuwait for an annual meeting which could include discussion about price levels.
Sep 09, 2014, 11:37 AM IST
Oil prices down after weak US jobs report
Oil prices dipped in Asia Monday as a disappointing US jobs report tempered sentiment about demand in the world`s top crude consumer, analysts said.
Sep 08, 2014, 08:59 AM IST
Oil prices down in Asian trade
Oil prices slipped in Asian trade on Thursday as dealers squared their positions after a rally spurred in part by hopes of a resolution to the Ukraine conflict.
Sep 04, 2014, 11:15 AM IST
Brent climbs towards $101, pulls away from 16-month low
Brent crude rose towards USD101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.
Sep 03, 2014, 13:58 PM IST
Brent crude falls towards $102 as demand concerns outweigh Libya unrest
Brent crude fell towards $102 a barrel on Tuesday on concerns of slowing oil demand growth due to weak economic recoveries in China and Europe, although new unrest in OPEC oil producer Libya kept losses in check.
Sep 02, 2014, 13:53 PM IST
Oil prices mixed after weak China, Europe data
Oil prices were mixed in Asia on Tuesday following disappointing manufacturing data out of top energy consumer China as well as Europe and as dealers await fresh US economic figures, analysts said.
Sep 02, 2014, 08:40 AM IST
Oil prices mixed in Asian trade
Oil prices were mixed in muted Asian trade on Monday ahead of a public holiday in the United States and as dealers digest downcast Chinese manufacturing data, analysts said.
Sep 01, 2014, 09:27 AM IST
Crude oil up towards $102, but still near 14-month low
Brent shed nearly $2 on Monday, as investor worries over conflict in Iraq eased, and as higher Libyan oil output added to already ample supplies.
Aug 19, 2014, 10:08 AM IST
Oil hits fresh 13-month low after IEA slashes demand forecast
US benchmark West Texas Intermediate for September fell 19 cents to $97.18 in mid-morning Asian trade.
Aug 13, 2014, 09:38 AM IST
Petrol prices likely to be slashed by up to Rs 2.40 per litre
Sate-run oil marketing companies may cut petrol prices by up to Rs 2.40 per litre at their scheduled review meeting on Friday with the rates of crude declining in the international market.
Aug 12, 2014, 15:13 PM IST
Oil falls below $104 as output, supplies seen stable despite Iraq tensions
September Brent crude fell $1 to $103.68 a barrel after 0700 GMT. The contract on Monday fell 34 cents to close at $104.68.
Aug 12, 2014, 13:16 PM IST
Oil prices down on ebbing supply fears
Disruptions in supply to neighbouring Turkey and Jordan have hit Iraq hard as it is heavily dependent on oil revenues while spending more to battle the Islamic State.
Aug 12, 2014, 09:51 AM IST
Oil prices higher amid Iraq focus
US benchmark West Texas Intermediate for September deliver rose 32 cents to $97.97 while Brent crude for September gained 23 cents to $105.25 in mid-morning trade.
Aug 11, 2014, 08:45 AM IST
Oil prices up on reviving Middle East supply fears
US benchmark West Texas Intermediate for September delivery rose 14 cents to USD 98.43, while Brent crude for September gained 19 cents to USD 105.60.
Aug 05, 2014, 08:54 AM IST
Oil prices drift lower in Asia
Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.
Jul 28, 2014, 13:04 PM IST
