India's oil import bill to fall 21.7% to $88 bn in FY16
India's crude oil import bill is likely to fall by 21.7 percent this fiscal to USD 88 billion on falling international oil prices, according to latest Petroleum Ministry estimates.
Jun 24, 2015, 18:05 PM IST
Oil prices fall after Saudis say could raise output to meet demand
Front month U.S. crude fell 28 cents to $60.49 a barrel by 0152 GMT. Brent futures were down 25 cents at $64.86 a barrel.
Jun 12, 2015, 12:56 PM IST
Oil prices rise on hopes for China stimulus
Front month U.S. crude climbed 24 cents to $58.38 a barrel by 0320 GMT, after ending the previous session down 99 cents. Brent for June delivery rose 19 cents to $62.88 a barrel, having settled down 62 cents in the previous session.
Jun 09, 2015, 10:15 AM IST
OPEC expected to keep status quo on oil output
However on Thursday, New York`s West Texas Intermediate (WTI) crude and London`s Brent oil both fell sharply for a second day as traders fretted that a no-change OPEC decision would further fuel the burgeoning global supply glut.
Jun 05, 2015, 10:09 AM IST
Oil prices down in Asian trade
WTI jumped USD 1.06 and Brent rose 61 cents yesterday after a sharp fall in the US dollar, which made dollar-priced crude cheaper for buyers using weaker currencies.
Jun 03, 2015, 10:28 AM IST
Oil prices slip in Asian trade
Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.
May 22, 2015, 10:13 AM IST
Oil prices rise on strong Japan, Australia economic data
Brent futures were up 60 cents at $64.62 a barrel by 0310 GMT. U.S. crude prices were also up 60 cents at $58.59 a barrel.
May 20, 2015, 10:54 AM IST
