Oil falls more than $1 as Middle East supply fears ease
Oil prices fell more than $1 a barrel on Friday as worries receded over the threat of disruptions to Middle East supplies due to Saudi Arabia-led air strikes in Yemen.
Mar 27, 2015, 16:53 PM IST
Oil prices surge after Saudi air strikes in Yemen
The air strikes against Houthi rebels, who have driven the president from Yemen`s capital Sanaa, could stoke concerns about the security of Middle East oil shipments.
Mar 26, 2015, 16:52 PM IST
Oil prices down in Asian trade
Oil prices fell in Asian trade on Monday after Saudi Arabia said it was pumping more oil, exacerbating a global supply glut, analysts said.
Mar 23, 2015, 08:19 AM IST
Brent falls towards $54, heads for third weekly loss
Brent crude fell towards $54 a barrel on Friday and was on track for its third weekly loss, hurt by oversupply worries after Kuwait said OPEC had no choice but to maintain output levels.
Mar 20, 2015, 12:37 PM IST
Oil falls to $55 as Kuwait comments refocus on oversupply
Brent had rallied by more than $2 a barrel on Wednesday after the Federal Reserve indicated it would raise U.S. interest rates slower than previously thought, overshadowing data showing U.S. crude stocks at a record level.
Mar 19, 2015, 17:46 PM IST
Oil prices down in Asian trade on Monday
US benchmark West Texas Intermediate (WTI) slipped 47 cents to $44.37 while Brent was down 46 cents at $54.21 in late-morning trade.
Mar 16, 2015, 09:04 AM IST
Brent climbs above $58 on contract covering, geopolitical tension
Geopolitical tensions in the Middle East and North Africa also supported crude futures.
Mar 12, 2015, 12:17 PM IST
Oil prices rebound in Asian trade
US benchmark West Texas Intermediate (WTI) climbed 58 cents to $48.87 while Brent rose 31 cents to $56.70 in late-morning trade.
Mar 11, 2015, 09:23 AM IST
Oil prices mixed in Asian trade on Tuesday
US benchmark West Texas Intermediate gained one cent to $50.01 while Brent eased eight cents to $58.45.
Mar 10, 2015, 08:33 AM IST
Oil prices down in Asian trade
US benchmark West Texas Intermediate (WTI) dipped 20 cents to $49.41 a barrel while Brent shed 39 cents to $59.34 in late-morning trade.
Mar 09, 2015, 09:03 AM IST
Oil price likely to stabilise at $50-60: Kuwait
World crude prices are expected to gain this year or at least stabilise at between USD 50 and USD 60 a barrel, Kuwaiti Oil Minister Ali al-Omair was quoted as saying.
Mar 08, 2015, 14:21 PM IST
Oil up in Asia trade despite US inventories rise
US benchmark West Texas Intermediate (WTI) added 29 cents to USD 51.82 a barrel and Brent gained six cents to USD 60.61 in late-morning trade.
Mar 05, 2015, 09:01 AM IST
Oil prices mixed in Asian trade
US benchmark West Texas Intermediate for April delivery gained 11 cents to USD 50.63 while Brent crude for April fell 28 cents to USD 60.74 in mid-morning trade.
Mar 04, 2015, 09:46 AM IST
Oil prices rise in Asian trade
US benchmark West Texas Intermediate rose 32 cents to $49.91 while Brent crude gained 77 cents to $60.31 in mid-day trade.
Mar 03, 2015, 09:23 AM IST
Brent rises above $61, set for biggest monthly gain since 2009
Crude oil futures rebounded on Friday, with Brent heading for its biggest monthly gain since May 2009, as supply outages in the North Sea and renewed fears of gas supply disruption in Europe supported prices.
Feb 27, 2015, 12:18 PM IST
Oil prices rebound in Asian trade
US benchmark West Texas Intermediate (WTI) for April delivery rose 54 cents to $48.71 a barrel while Brent crude for April rose 66 cents to $60.71 in late-morning trade.
Feb 27, 2015, 08:58 AM IST
Oil prices rebound in Asian trade
US benchmark West Texas Intermediate (WTI) for April delivery was up seven cents to $50.88 while Brent crude for April gained 14 cents to $60.36 in midday trade.
Feb 23, 2015, 09:41 AM IST
Oil slips towards $60 as oversupply weighs
Brent crude oil fell towards $60 a barrel on Friday as oversupply, underlined by record-high U.S. crude stocks, weighed on the market.
Feb 20, 2015, 17:56 PM IST
Oil prices down in Asian trade
Oil prices turned lower in Asia on Monday, with analysts warning the market remains "fragile" after prices gave up earlier gains driven by optimism over falling US production.
Feb 16, 2015, 11:44 AM IST
Oil tops $60 for first time in 2015
The price of Brent crude collapsed from $115 in June to $45.19, the lowest in almost six years, in January due to oversupply.
Feb 13, 2015, 18:06 PM IST
