Brent holds near $55 after big fall on record US crude stocks
March Brent futures were up 40 cents to $55.06 a barrel at 0429 GMT, following a 3-percent loss in the previous session that saw prices break below $54 at one point.
Feb 12, 2015, 10:25 AM IST
Oil prices rise in Asian trade
US benchmark West Texas Intermediate for March delivery rose 64 cents to $49.48 while Brent crude for March gained 34 cents to $55.00 in mid-morning trade.
Feb 12, 2015, 09:01 AM IST
Oil prices drop as IEA predicts weak rebound
US benchmark West Texas Intermediate (WTI) for March delivery slipped 70 cents to $52.16 a barrel compared with Monday`s close.
Feb 10, 2015, 19:08 PM IST
Oil extends gains before US jobs data
Brent North Sea crude for March rallied $1.64 to $58.21 a barrel in London afternoon deals.
Feb 06, 2015, 18:41 PM IST
Oil prices down in Asian trade
US benchmark West Texas Intermediate for March delivery fell $1.17 to $47.07 while Brent crude for March closed down $1.27 at $51.72 in late-morning trade.
Feb 02, 2015, 09:34 AM IST
Oil prices mixed in Asian trade
US benchmark West Texas Intermediate for delivery in March was up two cents by late morning to USD 44.55 in volatile trading, while Brent for March eased 16 cents to USD 48.97.
Jan 30, 2015, 10:34 AM IST
Oil prices rise, gains capped on supply glut concerns
US benchmark West Texas Intermediate (WTI) for March delivery rose seven cents to $44.52 while Brent crude for March gained 18 cents to $48.65 in mid-morning trade.
Jan 29, 2015, 08:35 AM IST
Oil prices down ahead of Fed meet outcome, supply report
The Fed is expected to release a post-meeting statement later today following the first gathering this year of its policy-making Federal Open Market Committee.
Jan 28, 2015, 10:21 AM IST
Oil price collapse still unable to boost demand: IEA
Crude prices have crashed to near six-year lows, plunging some 60 percent from June over a supply glut and weak demand.
Jan 16, 2015, 16:30 PM IST
Oil prices rally loses steam in Asian trade
US benchmark West Texas Intermediate (WTI) for delivery in February fell 37 cents to USD 48.11 in late-morning trade and Brent crude for February fell 56 cents to USD 48.13.
Jan 15, 2015, 10:25 AM IST
Oil slips after rebound, dollar recovers against yen
Oil prices resumed their downward spiral in Asia on Thursday after rallying in the previous session on bargain-buying, while the dollar recovered after plunging in New York in reaction to disappointing US retail sales data.
Jan 15, 2015, 09:04 AM IST
Brent falls more, Saudi Arabian king speaks
Brent crude fell close to $51 a barrel, its lowest since 2009, with cuts to Saudi Arabia`s official selling prices to Europe this week adding more pressure to the 55 percent price rout since June.
Jan 06, 2015, 19:58 PM IST
Oil pares early gains, trades near $57 as supply glut prevails
Brent crude pared early gains to trade near $57 a barrel on Friday, as a glut of oil that has halved prices since June overshadowed investors repositioning at the start of the year for an eventual recovery.
Jan 02, 2015, 17:34 PM IST
Oil prices up in thin New Year trading
Oil prices rose on Friday in thin Asian trading during the first session of the New Year, as dealers welcomed a larger-than-expected drop in US crude stockpiles, analysts said.
Jan 02, 2015, 13:16 PM IST
Brent holds above $60, but heads for 5th weekly drop
Brent is down more than a percent for the week, while U.S. crude was heading for a smaller 0.7 percent drop.
Dec 26, 2014, 10:21 AM IST
Brent drops toward $61 as dollar firms after strong US data
Brent futures fell toward $61 per barrel on Wednesday, giving up some of the previous session`s gains, as the U.S. dollar held near its highest level in nearly nine years on strong data.
Dec 24, 2014, 10:19 AM IST
Oil edges higher ahead of fresh US economic data
Oil prices nudged higher in Asia today on hopes of improved US economy figures, but analysts said gains would be capped with dealers squaring positions for the end of the year.
Dec 23, 2014, 09:27 AM IST
Brent climbs toward $63 amid stronger Asia markets
While analysts said prices would likely remain over $60 barrel for the rest of the year, they also said that further large jumps were unlikely.
Dec 22, 2014, 13:48 PM IST
Brent crude oil prices rise over $62 as Asian markets open strong
Oil prices rose in early trading on Monday as Asian markets opened strongly into a holiday-shortened week and as consensus spread that Brent crude prices would likely remain above $60 for the rest of the year.
Dec 22, 2014, 09:21 AM IST
Brent oil spirals below $60 in volatile week
Brent oil prices plummeted this week to five-year lows underneath $60 per barrel as markets were rocked by shrinking Chinese manufacturing output, economic turmoil in Russia and ample crude supplies.
Dec 19, 2014, 23:58 PM IST
