Oil prices diverge as market eyes Iraq crisis
World oil prices diverged on Tuesday, holding close to recent peaks amid ongoing concerns over violence in crude-producer Iraq.
Jun 25, 2014, 08:46 AM IST
Oil refiners gain as Brent slips below $114
India's oil retailers surge after Brent crude falls below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at OPEC's No. 2 producer.
Jun 24, 2014, 15:07 PM IST
Oil drops below $114, Iraq oil data eases supply worries
Brent crude slipped below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at the OPEC`s No. 2 producer.
Jun 24, 2014, 10:50 AM IST
Asian shares muted, currencies in well-worn ranges
Asian shares were subdued on Tuesday while major currencies kept to recent snug ranges after a surprisingly soft reading on euro zone manufacturing took the shine off better data from China, Japan and the United States.
Jun 24, 2014, 09:52 AM IST
Gloomy French data hits European shares, Iraq keeps oil high
European Central Bank President Mario Draghi suggested in a weekend interview that interest rates would stay low at least until the end of 2016.
Jun 23, 2014, 18:03 PM IST
Brent near 9-month high above $115 on Iraq tensions
Brent crude rose above USD 115 a barrel on Monday, holding near a nine-month high amid concerns of possible disruptions to supply from Iraq where Sunni insurgents seized control of more towns over the weekend.
Jun 23, 2014, 11:05 AM IST
Oil prices firm on Iraq tensions
US benchmark West Texas Intermediate was up 31 cents to USD 107.14, while Brent crude gained 35 cents to USD 115.16 in mid-morning trade.
Jun 23, 2014, 09:56 AM IST
Oil price risks put inflation back in focus
Oil prices neared nine-month highs late last week, touching $115 a barrel.
Jun 22, 2014, 15:23 PM IST
Iraq conflict threatens vital growth of oil sector: analysts
The IEA has cut its growth outlook for Iraq by around half a million barrels to 4.29 million bpd by 2018, citing concerns about security, infrastructure and corruption.
Jun 22, 2014, 10:27 AM IST
Oil prices eases back from 9-month high; Brent settles at $114.81/barrel
Brent crude for delivery in August eased back from its nine-month high the previous day, shedding 25 cents to settle at $114.81 a barrel in London.
Jun 21, 2014, 11:12 AM IST
Crude oil hits 9-month high above $115 a barrel on Iraq conflict
Brent crude hit a nine-month high of more than USD115 a barrel on Thursday as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict.
Jun 20, 2014, 08:47 AM IST
Oil hits nine-month high near $115 on Iraq turmoil
Brent crude hit a nine-month high near USD 115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from OPEC`s second-biggest producer.
Jun 19, 2014, 16:55 PM IST
Crude oil above $114 near nine-month high on Iraq turmoil
Brent crude held near a nine-month high above USD 114 a barrel on Thursday supported by concerns about potential supply disruptions due to fighting in Iraq.
Jun 19, 2014, 11:46 AM IST
India readies Iraq contingency plan
Brent crude fell for a second day on Tuesday on signs violence in Iraq may not affect the nation's oil supply.
Jun 17, 2014, 21:17 PM IST
Brent rises above $113, holds near 9-month top as Iraq violence rises
Brent crude for August delivery rose 61 cents to $113.07 a barrel by 0719 GMT.
Jun 16, 2014, 16:35 PM IST
Crude prices rise in Asia on Iraq violence
The crisis has a direct bearing on crude prices because Iraq is the second-biggest oil exporter in the 12-nation OPEC after Saudi Arabia.
Jun 16, 2014, 09:13 AM IST
Oil industry descends on Moscow amid high tensions
Moscow is expected to use the week-long event to emphasise its leading presence on the world energy scene.
Jun 15, 2014, 09:05 AM IST
British rate hike hint boosts sterling, Iraq unrest drives up oil
Bank of England Governor Mark Carney said that British interest rates could rise sooner than financial markets expect.
Jun 13, 2014, 15:36 PM IST
Oil prices hit 9-month high on Iraq crisis
Brent rose 36 cents to USD 113.38 a barrel by 0339 GMT, after earlier hitting USD 113.75 - its loftiest since September last year.
Jun 13, 2014, 10:07 AM IST
