Brent falls over 1% after Goldman forecasts lower prices
Brent crude fell more than 1 percent on Tuesday, paring overnight gains of nearly 6 percent, after Goldman Sachs said prices needed to remain low for months to achieve a slowdown in U.S. output growth.
Apr 07, 2015, 12:01 PM IST
Oil up more than $1 after Saudi's Asia price hike
Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised its prices for crude sales to Asia for the second month running, signalling improved demand in the region.
Apr 06, 2015, 18:19 PM IST
Oil falls nearly 4% after tentative nuclear deal for Iran
Traders had been fixated on the talks held in Lausanne, Switzerland for over a week as Iran tried to agree with six world powers on concessions to its nuclear programme to remove U.S.-led sanctions that have halved its oil exports.
Apr 03, 2015, 08:37 AM IST
Oil prices down in thin Asian trade
US benchmark West Texas Intermediate fell 52 cents to $49.57 while Brent slipped 50 cents to $56.60 in late-morning trade.
Apr 02, 2015, 09:05 AM IST
Oil prices fall in Asian trade
US benchmark West Texas Intermediate (WTI) for May delivery eased 27 cents to $47.33 while Brent crude for May fell 11 cents to $55.00 in late-morning trade.
Apr 01, 2015, 09:12 AM IST
Oil prices edge lower as Iran nuclear deadline approaches
US benchmark West Texas Intermediate fell 69 cents to USD 47.99 while Brent eased 55 cents to USD 55.74 in mid-day trade.
Mar 31, 2015, 10:08 AM IST
Oil prices surge after Saudi air strikes in Yemen
The air strikes against Houthi rebels, who have driven the president from Yemen`s capital Sanaa, could stoke concerns about the security of Middle East oil shipments.
Mar 26, 2015, 16:52 PM IST
Oil rebounds above $56 as weaker dollar overshadows China slowdown
Brent crude reversed early losses to rise above $56 a barrel on Tuesday, as a weaker dollar overshadowed signs of slowing growth in China and Saudi Arabian oil production close to an all-time high.
Mar 24, 2015, 18:21 PM IST
Oil prices down in Asian trade
Oil prices fell in Asian trade on Monday after Saudi Arabia said it was pumping more oil, exacerbating a global supply glut, analysts said.
Mar 23, 2015, 08:19 AM IST
Brent falls towards $54, heads for third weekly loss
Brent crude fell towards $54 a barrel on Friday and was on track for its third weekly loss, hurt by oversupply worries after Kuwait said OPEC had no choice but to maintain output levels.
Mar 20, 2015, 12:37 PM IST
Brent climbs towards $55 on weaker dollar; supply concerns limit gains
Brent prices rebounded towards $55 a barrel on Friday as the dollar weakened slightly, but gains were limited by supply concerns after Kuwait said OPEC had no choice but to maintain output levels.
Mar 20, 2015, 10:26 AM IST
Oil falls to $55 as Kuwait comments refocus on oversupply
Brent had rallied by more than $2 a barrel on Wednesday after the Federal Reserve indicated it would raise U.S. interest rates slower than previously thought, overshadowing data showing U.S. crude stocks at a record level.
Mar 19, 2015, 17:46 PM IST
Oil falls to $55 as Kuwait comments refocus on oversupply
Brent crude oil fell back to USD 55 a barrel on Thursday after Kuwait said OPEC had no choice but to keep production steady, refocusing the market on global oversupply as the dollar recovered from sharp losses in the previous session.
Mar 19, 2015, 15:59 PM IST
Brent falls towards $55 as rally fades on inventory build
Brent crude futures fell towards USD 55 a barrel on Thursday after a bigger than expected crude stock build in the United States, though losses were limited by a weaker dollar as the Federal Reserve signalled a slower pace of interest rate hikes.
Mar 19, 2015, 11:07 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
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 drop as spare storage capacity runs low
Oil prices fell on Monday, with US crude dropping nearly 3 percent to a six-year low as the dollar hit fresh highs and spare oil storage capacity runs low around the world.
Mar 16, 2015, 11:23 AM IST
Oil prices down in Asian trade on Monday
US benchmark West Texas Intermediate (WTI) slipped 47 cents to $44.37 while Brent was down 46 cents at $54.21 in late-morning trade.
Mar 16, 2015, 09:04 AM IST
Rebound in oil prices built on flimsy foundations: IEA
A recent rebound in oil prices is built on flimsy foundations, the International Energy Agency warned Friday, with another sharp fall possible and few signs that cheap fuel was giving growth a real boost.
Mar 13, 2015, 15:18 PM IST
Oil prices rebound in Asian trade
US benchmark West Texas Intermediate (WTI) climbed 58 cents to $48.87 while Brent rose 31 cents to $56.70 in late-morning trade.
Mar 11, 2015, 09:23 AM IST
