Oil edges up on upbeat data, Middle East unrest
Investors remained cautious despite news of the US strikes in Iraq and Syria against an Iran-backed militia group, even as US officials warned "additional actions" may be taken. West Texas Intermediate (WTI) crude futures rose 4 cents to $61.76 a barrel by 0800 GMT. The US benchmark is up about 36% so far this year.
Dec 30, 2019, 14:34 PM IST
Oil prices rise, but still set for weekly fall amid equities rout
Brent crude futures rose 33 cents, or 0.4 percent, to $80.59 a barrel by 0256 GMT.
Oct 12, 2018, 09:51 AM IST
Oil prices decline on US inventory surge
Oil prices declined on Wednesday in volatile trading as the US reported a 7.7-per cent increase of crude oil inventories.
Nov 17, 2016, 02:52 AM IST
Price of brent crude crosses 46$ / barrel
Price of brent crude crosses 46$ / barrel. Watch this special segment and get to know more here.
Aug 12, 2016, 16:05 PM IST
Oil dives 2%, heads for weekly loss as US rigs rise
Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows.
Jul 23, 2016, 09:13 AM IST
Oil prices above $50, buoyed by US stock draw
Oil prices rose in early Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks.
Jun 22, 2016, 06:33 AM IST
Brent oil pushes above $50 for first time in nearly seven months
Brent had climbed 34 cents to $50.08 a barrel by 0520 GMT, its highest since Nov. 4. It ended the previous session up $1.13, or 2.3 percent.
May 26, 2016, 12:27 PM IST
Oil slumps again; US crude at 2003 low
Without any particular market-moving news but a persistent global crude oil glut, the oil market slid again Thursday, dragging US crude to its lowest price in nearly 13 years.
Feb 12, 2016, 04:18 AM IST
Oil slumps on IEA’s gloomy market outlook
Oil resumed heavy falls on Tuesday, erasing earlier gains in highly volatile trade, after the International Energy Agency issued a gloomy market outlook.
Feb 10, 2016, 00:13 AM IST
Jet fuel price cut by 12.5%; non-subsidised LPG by Rs 43.50
Price of non-subsidised cooking gas (LPG) was Thursday cut by Rs 43.50 per cylinder and that of jet fuel (ATF) by 12.5 percent as international oil rates slumped to multi-year lows
Jan 01, 2015, 13:00 PM IST
Revenue losses on LPG, kerosene shrink by 21%
Losses on sale of subsidised LPG and kerosene have dropped by 21 percent to Rs 148 crore per day as international oil rates hit a five-year low.
Dec 01, 2014, 18:24 PM IST
LPG rate cut by Rs 113, jet fuel prices by 4.1%
A 14.2-kg cylinder of non-subsidised LPG will now cost Rs 752, down from Rs 865 previously, in Delhi, oil companies announced on Monday.
Dec 01, 2014, 15:28 PM IST
Petrol, diesel rates likely to be cut by Re 1
Petrol and diesel prices are likely to be cut by close to Re 1 per litre this weekend on sliding global oil rates.
Nov 12, 2014, 15:45 PM IST
