Oil prices rebound in Asia on bargain-hunting
Oil rebounded in Asia today on bargain hunting following a sharp fall the day before as lingering concerns about the global crude supply glut continued to keep a lid on gains.
Oct 13, 2015, 10:27 AM ISTOil prices retreat in Asian trade
Oil prices retreated in Asia on Wednesday as traders focus on US crude stockpile report, a day after growing concerns over China`s economy sparked a massive sell-off in shares of commodity firms.
Sep 30, 2015, 09:34 AM ISTOil prices rise ahead of OPEC output meeting
"We expect payroll numbers to go up, and this will in turn firm up the dollar and subsequently make dollar-priced crude more expensive," said Teo.
Jun 05, 2015, 10:19 AM ISTOil prices rebound in Asia
Oil prices rebounded in Asia on Thursday after falling sharply to fresh five-year lows in the previous session after OPEC cut its forecast for demand 2015 and US stockpiles saw a surprise surge, analysts said.
Dec 11, 2014, 08:50 AM ISTOil hits five-year lows in longest losing streak since 2008 crisis
Both US crude and Brent have fallen for five straight months, oil`s longest losing streak since the 2008 financial crisis.
Dec 01, 2014, 08:09 AM ISTOil prices rise in Asian trade
Analysts say the stance of Gulf nations within the OPEC will be crucial for a positive decision on reducing supplies to boost prices, which have fallen around 30 percent since June.
Nov 20, 2014, 11:16 AM ISTOil prices rise on weak dollar
Oil prices rose in Asia Tuesday as dealers made the most of a weakening dollar while keeping an eye on continuing fighting in Iraq, analysts said.
Jul 01, 2014, 09:34 AM IST