Oil falls on uncertainty over OPEC deal, rise in US inventories
Brent crude futures were down 34 cents on the day at $63.27 a barrel, while US light crude fell 31 cents to $57.68 a barrel.
Nov 29, 2017, 16:34 PM IST
Oil prices fall on pipeline restart, uncertainty over OPEC output cuts
US crude touched $59.05 a barrel on last week, the highest level since mid-2015.
Nov 28, 2017, 13:53 PM IST
US oil dips on increased drilling, but OPEC cuts support global markets
US crude production has risen by 15 percent since mid-2016 to 9.66 million barrels per day, not far from top producers Russia and Saudi Arabia, and increasing drilling activity for new production means output is expected to grow further.
Nov 27, 2017, 10:32 AM IST
Nifty gains for 5th staright day on bouts of value buying
Selling in pharma, metal and private bank stocks capped the gains as investors turned cautious on expectations of likely continuity in Fed rate hike and rising oil prices.
Nov 22, 2017, 18:50 PM IST
US crude extends rally to $58 per barrel, first time since 2015
Brent crude, the global benchmark, was up 57 cents at USD 63.14.
Nov 22, 2017, 18:35 PM IST
Oil eases as traders, investors grow edgy ahead of OPEC
Oil has been under pressure for the last two weeks since peaking in early November.
Nov 21, 2017, 09:43 AM IST
Oil prices fall for fourth day after US crude stocks rise
Prices remained under pressure from this week's International Energy Agency (IEA) outlook for slower growth in global crude demand.
Nov 16, 2017, 00:07 AM IST
Oil steady near two-year highs, US supply increase caps rise
Middle East tensions have supported the market, despite concerns that output could rise further.
Nov 13, 2017, 23:27 PM IST
Gold price retreats after safe haven appeal hit by strong dollar
Gold prices fell 0.5 percent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped.
Nov 08, 2017, 14:05 PM IST
Oil dips on falling Chinese crude imports; overall market still well supported
China's October oil imports fell sharply from a near record-high of about 9 million barrels per day in September to just 7.3 million barrels per day in October, data from the General Administration of Customs showed on Wednesday.
Nov 08, 2017, 10:54 AM IST
Petrol, diesel prices to cost more as crude oil hits 28-month high
Globally, oil prices rose 3.5 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power with an anti-corruption crackdown, while the US rig count fell and markets continued to tighten.
Nov 07, 2017, 12:07 PM IST
Oil prices rise on tighter US market, Middle East tensions
US crude inventories fell by 7.1 million barrels in the week to Oct 13 to 461.4 million barrels, the American Petroleum Institute (API) said late on Tuesday.
Oct 18, 2017, 11:06 AM IST
Oil prices firm as Iraq tensions escalate, shares extend rally
Oil prices held near their highest levels in more than two weeks after Iraqi government forces captured the major Kurdish-held oil city of Kirkuk in a response to a Kurdish independence referendum, raising worries about oil supply.
Oct 17, 2017, 06:57 AM IST
Oil pares losses after larger draw in US stocks
The market was still under pressure, though, from a bearish outlook by the International Energy Agency, which lowered its forecast for oil demand for 2018.
Oct 12, 2017, 21:42 PM IST
Oil up on signs of tighter market, but 2018 looks more uncertain
Traders said they would look to the US fuel inventory data on Wednesday and Thursday for indicators on price direction.
Oct 11, 2017, 09:47 AM IST
Oil prices stable as OPEC says market is rebalancing
Traders said that oil prices were supported as the Organization of the Petroleum Exporting Countries (OPEC) said oil markets were rebalancing fast after years of oversupply.
Oct 10, 2017, 09:32 AM IST
Oil prices dip on record US exports, but OPEC-led supply cuts lend support
The declines came after the Energy Information Administration (EIA) said late on Wednesday that US crude oil exports jumped to 1.98 million barrels per day (bpd) last week, surpassing the 1.5 million bpd record set the previous week.
Oct 05, 2017, 11:01 AM IST
Excise duty cut on petrol, diesel adds to fiscal concerns: Nomura
The government announced a reduction in the central excise duty on petrol and diesel by Rs 2 per litre effective October 4, 2017 amid rising international prices.
Oct 04, 2017, 14:12 PM IST
US oil dips below $50 per barrel over doubts recent rally will last
Traders said the drops came over concerns that a third-quarter market rally that had lifted Brent to mid-2015 highs by late September had been overdone.
Oct 04, 2017, 10:52 AM IST
RBI policy, PMI data hold key to stock markets this week
PMI (Purchasing Managers' Index) data on manufacturing and services sectors, due this week, are also key determinants for the market movement, experts added.
Oct 02, 2017, 10:39 AM IST
