Oil prices fall as investors cash in on OPEC deal rally
Oil prices fell on Friday as investors cashed in on a 6-percent rise in just one day after OPEC members agreed to reduce output for the first time in eight years to stifle a two-year price slide.
Sep 30, 2016, 15:55 PM IST
Oil prices dip on continued oversupply, despite news of meeting to freeze output
Crude oil prices dipped in early trading on Friday as reports of a meeting by oil producers to freeze output failed to convince traders that enough effort was being made to rein in ballooning global oversupply.
Feb 26, 2016, 09:34 AM IST
Oil prices fall more than $1, dropping to five-year lows
Crude oil prices on tumbled Monday, with global grades settling down more than $1 a barrel after an early rally fizzled and prices fell to their lowest levels since May 2009.
Dec 30, 2014, 02:45 AM IST
Oil declines in light trading, extending losses on weak US data
Oil traded declined slightly Friday, after paring gains from early in the session, as a supply glut in top consumer the United States trumped worries about falling production from Libya.
Dec 26, 2014, 21:24 PM IST
Oil price fall a "golden" chance to shift to clean energy: IEA
World leaders have a "golden opportunity" with plunging oil prices to put a price on carbon emissions since cheaper fuel makes the move less risky politically, the International Energy Agency (IEA) said on Tuesday.
Dec 10, 2014, 10:04 AM IST
Oil takes breather in Asian trade
Crude prices fell in Asia on Tuesday but losses were curbed as dealers took a breather after days of sharp sell-offs following OPEC's decision to hold output levels despite global oversupply.
Dec 02, 2014, 09:36 AM IST
IMF says lower oil prices positive for global economy
Falling oil prices are positive for the global economy as a whole, though they may hurt individual commodity exporters, IMF Managing Director Christine Lagarde said on Monday.
Dec 02, 2014, 05:20 AM IST
