Oil prices slightly up in Asia but gains limited
US benchmark West Texas Intermediate (WTI) for delivery in December was trading three cents higher at USD 40.57 a barrel on its last trading day, while Brent crude for January was up 11 cents to USD 44.29.
Nov 20, 2015, 11:24 AM IST
Oil prices resume decline in Asia
US benchmark West Texas Intermediate for delivery in December was trading 47 cents lower at USD 43.74 and Brent crude for December was down 26 cents at USD 47.18.
Nov 11, 2015, 11:03 AM IST
Oil price hits 6.5-year low, approaches key $40 level
Oil prices slid to a fresh six and a half year low in Asia Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of a supply glut.
Aug 20, 2015, 10:03 AM IST
Oil prices fall further on oversupply fears
US benchmark West Texas Intermediate (WTI) for September delivery was at USD 43.57, down from USD 43.87 on Friday in New York - its lowest close since March 17.
Aug 10, 2015, 10:45 AM IST
Oil market jumps on hopes of easing global supply glut
World oil prices shot higher Wednesday on forecasts that US shale production would likely drop and help ease a global supply glut, analysts said.
Apr 15, 2015, 19:05 PM IST
Oil prices down in Asian trade
Oil prices fell on profit-taking in Asia Tuesday after rallying in the previous session owing to doubts the nuclear agreement between Iran and global powers will immediately boost Tehran`s crude exports, analysts said.
Apr 07, 2015, 09:30 AM IST
Oil prices drop on weak demand, potential Iran deal
Oil prices fell on Monday as traders focused on whether Iran and six world powers would reach a deal that could add fuel to an already oversupplied market if sanctions against Tehran are lifted.
Mar 30, 2015, 12:29 PM IST
Crude oil futures fall 2.57% as it trades at 6-year low in Asia
At the Multi Commodity Exchange (MCX), crude oil for delivery in March tumbled by Rs 71, or 2.57 percent, to Rs 2,688 per barrel in 8,910 lots.
Mar 18, 2015, 12:50 PM IST
Oil prices up over 4% on Libya raid, China easing
Crude prices closed up more than 4 percent on Thursday as rising violence in producer Libya and an expected boost in oil demand from China`s central bank easing helped the market rebound from a sharp rout in the previous session.
Feb 06, 2015, 09:54 AM IST
Oil slumps to near six-year low under $44 per barrel
New York oil prices tumbled to a near six-year low underneath $44 per barrel on Thursday, as record-high US crude inventories deepened worries over the global supply glut.
Jan 29, 2015, 23:54 PM IST
Oil jumps as Saudi king's death feeds market uncertainty
Oil prices jumped on Friday as news of the death of Saudi Arabia`s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades.
Jan 23, 2015, 14:42 PM IST
Oil slumps to nearly 6-year low as Goldman Sachs slashes price outlook
Brent crude for February delivery collapsed to USD 47.18 -- the lowest since late April 2009 -- before recovering slightly to USD 47.57.
Jan 12, 2015, 23:35 PM IST
US crude oil slips below $50/barrel as glut fear deepens
The sell off in global oil markets showed little signs of slowing in the new year with US crude breaking below USD 50 a barrel, the first time since April 2009, on fears of a supply glut.
Jan 05, 2015, 22:40 PM IST
US crude down 10% post-OPEC, Brent breaks below $70
US crude tumbled 10 percent in its biggest one-day drop in more than five years on Friday, and benchmark Brent broke below $70 a barrel, as OPEC`s decision not to cut output sent oil traders and analysts scurrying to find a new trading floor.
Nov 29, 2014, 05:30 AM IST
Oil prices up after upbeat Chinese data, Syria bombing
Oil prices rose in Asia Thursday in response to better-than-expected Chinese manufacturing data and after the United States said it had led bombing raids against jihadists in crude producer Syria, analysts said.
Oct 23, 2014, 11:58 AM IST
Oil prices dip after brief recovery
US benchmark West Texas Intermediate for delivery in November slipped five cents to $82.70 a barrel.
Oct 20, 2014, 18:05 PM IST
Oil prices slide to over 4-year low; Brent crude at $88 per barrel
Oil prices fell to fresh multi-year lows in Asian trade Tuesday, with analysts blaming concerns about a supply glut and the effects of weaker demand from Europe and China.
Oct 14, 2014, 09:26 AM IST
Oil prices plunge as Libyan supplies ramp up
Global oil prices dived on Friday on the prospect of Libyan oil production ramping up after rebels lifted blockades on shipping terminals.
Jul 12, 2014, 14:38 PM IST
Oil extends losses on return of Libyan supplies
Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.
Jul 03, 2014, 09:43 AM IST
Govt concerned over Iraq impact on oil prices
With its heavy reliance on imported oil from Iraq making it vulnerable to the conflict there, the new government is concerned over the impact spurt in oil prices may have on its plans to resuscitate the economy.
Jun 23, 2014, 14:15 PM IST
