Oil slides after big US gasoline build offsets crude draw
Crude oil futures settled down more than 1 percent on Wednesday after a government report showing an eighth straight weekly drop in US crude stockpiles was offset by a large build in refined products.
Jun 25, 2015, 02:32 AM IST
Oil prices rise on expected US shale production dip
Crude prices rose on Tuesday after the U.S. Energy Information Administration said it expected U.S. shale oil output to record its first monthly decline in over four years.
Apr 14, 2015, 09:59 AM IST
Brent falls towards $53 after US crude stocks rise
Brent for May delivery fell 50 cents to $53.01 a barrel by 0644 GMT after ending the previous session 7 cents up at $53.51.
Mar 18, 2015, 13:52 PM IST
Oil tumbles; US crude prices near 6-year low on record stockpiles
Oil slumped on Wednesday, with U.S. crude prices at near six-year lows, after the government reported record-high inventories in the United States that raised anxieties about the global oil glut that had pressured the market since last summer.
Jan 29, 2015, 02:17 AM IST
IEA calls for more cooperation with emerging economies
To strengthen such cooperation, van der Hoeven said the IEA was "exploring the social membership for several of these countries."
Jul 15, 2014, 15:05 PM IST
