Oil prices up in Asian trade
The US Energy Information Administration said inventories fell four million barrels in the week ending July 18.
Jul 24, 2014, 11:22 AM IST
Oil prices up in Asian trade
US benchmark West Texas Intermediate (WTI) for August delivery was up 54 cents at $105.13 at midday.
Jul 22, 2014, 10:00 AM IST
Oil prices down in Asian trade
Tensions in the Middle East are also expected to put keep oil prices high.
Jul 21, 2014, 08:50 AM IST
World stocks hit by news of Ukraine air tragedy
Asian markets took a hit Friday after a Malaysia Airlines jet came down in battle-wracked Ukraine, sparking geopolitical tensions and sending Wall Street tumbling as the US claimed it had been shot down.
Jul 18, 2014, 09:16 AM IST
Oil prices up on US demand hopes
WTI surged $1.25 in New York Wednesday after the US Energy Information Administration (EIA) said reserves fell 7.5 million barrels in the week to July 11.
Jul 17, 2014, 08:54 AM IST
Oil prices up in Asian trade
A decline in inventories typically indicates strong demand, sending prices higher.
Jul 16, 2014, 09:12 AM IST
Oil prices mixed ahead of Yellen testimony
US Federal Reserve chair Janet Yellen will begin two days of testimony later Tuesday.
Jul 15, 2014, 08:58 AM IST
Oil prices plunge as Libyan supplies ramp up
Global oil prices dived on Friday on the prospect of Libyan oil production ramping up after rebels lifted blockades on shipping terminals.
Jul 12, 2014, 14:38 PM IST
Fed relief lifts Asian stocks, dents dollar
Asian stocks rose and the dollar dipped on Thursday after the Federal Reserve indicated it was in no rush to end quantitative easing and begin raising interest rates.
Jul 10, 2014, 09:06 AM IST
Oil falls below $109 as Libya restarts oilfield
Easing worries over possible disruptions to supply from the conflict in Iraq also dragged on prices.
Jul 09, 2014, 10:05 AM IST
World stocks hold at all-time high after bumper week
World stocks were enjoying the view at an all-time high on Friday, lifted by a strong week of U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years.
Jul 04, 2014, 14:52 PM IST
India still worried about rising crude prices: Jaitley
India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.
Jul 04, 2014, 12:15 PM IST
Oil extends losses on return of Libyan supplies
Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.
Jul 03, 2014, 09:43 AM IST
Oil prices rise on weak dollar
Oil prices rose in Asia Tuesday as dealers made the most of a weakening dollar while keeping an eye on continuing fighting in Iraq, analysts said.
Jul 01, 2014, 09:34 AM IST
Oil refiners gain as crude oil prices cool down
Shares of oil refiners gain after crude oil prices cool down. Bharat Petroleum Corp gains 3.3 percent, Hindustan Petroleum Corp rises 3.1 percent and Indian Oil Corp is up 1.7 percent.
Jun 30, 2014, 11:31 AM IST
Oil prices down in Asian trade
Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.
Jun 30, 2014, 09:23 AM IST
Asia stocks make cautious gains, yen edges higher
Asian share markets edged cautiously higher on Monday while the dollar stayed under pressure ahead of packed week of economic data that will test investor hopes for a pick-up in the U.S. and global economies.
Jun 30, 2014, 08:59 AM IST
Crude oil holds above $113, but heads for biggest weekly drop since March
Brent crude steadied above USD 113 a barrel on Friday, holding on to most of previous session`s losses and heading for the biggest weekly loss since March.
Jun 27, 2014, 10:34 AM IST
Oil falls below $114 but Iraq conflict curbs losses
Brent crude slipped below $114 a barrel on Wednesday as the risk of supply disruption in Iraq appeared to recede and after a rise in U.S. inventories pointed to ample stockpiles for the world`s biggest oil consumer.
Jun 25, 2014, 14:32 PM IST
Oil holds above $114 on Iraq conflict
Brent crude inched lower on Wednesday, but held close to a nine-month high above $114 a barrel as Sunni insurgents battled government forces for control of Iraq`s biggest refinery.
Jun 25, 2014, 10:42 AM IST
