Weak US dollar pushes oil at three-week high ahead of OPEC meeting
Oil prices rose on Monday to their highest in three weeks, catching a lift from a weaker U.S. dollar and from cautious money managers, as OPEC appeared to be moving closer to agreeing an output cut when it meets next week.
Nov 21, 2016, 18:11 PM IST
Know how OPEC supply cut deal will impact oil prices, Indian market
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Sep 29, 2016, 12:14 PM IST
OPEC raises 2015 oil demand forecast despite bearish markets
In its August monthly report, the Organization of the Petroleum Exporting Countries said it was expecting world oil demand to grow by 1.38 million barrels per day -- some 90,000 more than announced in its July estimates.
Aug 11, 2015, 17:14 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 keeps oil output on hold despite low prices
Reflecting its lessening oil clout, OPEC decided on Thursday to keep its output target on hold and sit out falling crude prices that will likely spiral even lower as a result.
Nov 28, 2014, 00:31 AM IST
