Brent extends losses below $83 on weak China data, supply glut
Brent crude dropped further below $83 a barrel on Wednesday, stretching losses into a fifth session, as weak economic data from top energy consumer China stoked worries about demand in a market that is already battling a deepening global supply glut.
Nov 05, 2014, 14:03 PM IST
Goldman cuts Brent forecast by $15 for 2015
Goldman Sachs cuts its price forecast for Brent and West Texas Intermediate by $15 a barrel for the first quarter of 2015, saying rising production in non-OPEC countries outside North America is expected to outstrip demand.
Oct 27, 2014, 09:29 AM IST
Brent drops below $86 after Goldman cuts price forecasts
Brent crude futures extended declines to below $86 a barrel on Monday after Goldman Sachs cut its price forecasts for the contract and for U.S. oil by $15 in the first quarter of next year.
Oct 27, 2014, 09:01 AM IST
Oil resumes slide in Asian trade
Oil prices resumed their slide in Asian trade on Friday following a sharp rebound the day before as investors wait for more signs of economic growth in Europe.
Oct 24, 2014, 09:14 AM IST
Oil resumes slide, falling $2 after second big U.S. stock build
Oil prices resumed their deep downward march on Wednesday, with US crude again nearing $80 a barrel after data showing a second big jump in weekly US crude stockpiles broke a brief period of tentative consolidation.
Oct 23, 2014, 01:59 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 rises to $87 as investors say market oversold
Brent crude oil rose more than a dollar to around $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk.
Oct 17, 2014, 18:07 PM IST
Oil rebound extends in Asia
Oil prices extended a minor rally on bargain-buying on Friday, a day after the US benchmark fell below $80 for the first time in more than two years.
Oct 17, 2014, 08:31 AM IST
Oil sinks to four-year low as economic worries mount
Oil fell more than $1 a barrel on Thursday to a four-year low below $83 a barrel as growing concerns over the global economy stretched a four-month rout.
Oct 16, 2014, 16:50 PM IST
Falling crude prices to have favourable impact: Mayaram
Finance Secretary Arvind Mayaram on Wednesday said declining crude oil price will have favourable implications for the country, but there was no need to be overly optimistic about it.
Oct 15, 2014, 17:05 PM IST
Oil dips below $84, near four-year low, on oversupply
Brent crude fell to a fresh 47-month low on Wednesday, dipping below $84 a barrel as faltering global growth curbed demand for fuel at a time of heavy oversupply.
Oct 15, 2014, 15:11 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
Brent at four-year low on global economy fears
Prices of both contracts have lost about a fifth of their value since hitting their 2014 peaks in June.
Oct 10, 2014, 12:46 PM IST
Oil rebounds in Asia but prices expected to remain soft
Brent crude for November advanced eight cents to $91.46 after tumbling to a two-year low the day before.
Oct 09, 2014, 09:51 AM IST
Oil prices slip on increased supply, strong dollar
Saudi Arabia cut prices for the fourth straight month last week to defend its market share, suggesting it is unlikely to cut production any time soon.
Oct 06, 2014, 11:55 AM IST
Oil prices rise ahead of US jobs report
US jobs figures are closely watched by crude investors for clues on the state of economic recovery and demand in the world`s top oil consumer.
Oct 03, 2014, 08:41 AM IST
Oil prices dip
US benchmark West Texas Intermediate for delivery in October dipped eight cents to $94.34 a barrel.
Sep 18, 2014, 18:19 PM IST
Oil prices hold steady
The market also awaited the latest energy stockpiles report and an interest rate decision in the United States, traders said.
Sep 17, 2014, 18:22 PM IST
Oil prices hold steady
US benchmark West Texas Intermediate for October lost two cents to $92.90 a barrel.
Sep 16, 2014, 17:18 PM IST
Oil prices fall after weak Chinese data
US benchmark West Texas Intermediate for October delivery eased USD 1.06 to USD 91.21
Sep 15, 2014, 09:03 AM IST
