Russia set to gain from oil production freeze
With its oil output at record levels and state coffers running low, Russia has little to lose and much to gain from agreeing a deal with the OPEC cartel on limiting production.
Nov 27, 2016, 13:17 PM ISTOil losses deepen on doubts over output freeze deal
World oil prices fell further today on doubts over a consensus between producer nations to limit output in an oversupplied market, dealers said.
Mar 15, 2016, 01:09 AM ISTOil prices rise despite jump in US stockpiles
World oil prices advanced Wednesday despite news of a stronger-than-expected increase in crude inventories in the United States, analysts said.
Mar 25, 2015, 23:48 PM ISTOil gains as US growth beats expectations
World oil prices rose Tuesday as strong US economic data sparked a round of buying in the beaten-down commodity.
Dec 24, 2014, 02:23 AM ISTBrent slides to new 17-month low under $98
World oil prices tumbled Wednesday, with Brent hitting a new 17-month low after the OPEC oil cartel trimmed its oil demand growth forecasts.
Sep 11, 2014, 00:19 AM ISTOil rallies as Ukraine hopes lift sentiment
World oil prices rebounded Wednesday following the prior day`s heavy losses in a rally spurred in part by hopes for a resolution to the Ukraine conflict.
Sep 04, 2014, 06:46 AM ISTBrent climbs towards $101, pulls away from 16-month low
Brent crude rose towards USD101 a barrel on Wednesday, pulling away from a 16-month low hit in the previous session, supported by encouraging U.S. manufacturing data.
Sep 03, 2014, 13:58 PM ISTOil prices dip on profit taking, Iraq
World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.
Jul 02, 2014, 02:55 AM ISTOil prices diverge as market eyes Iraq crisis
World oil prices diverged on Tuesday, holding close to recent peaks amid ongoing concerns over violence in crude-producer Iraq.
Jun 25, 2014, 08:46 AM IST