हिन्दी मराठी বাংলা தமிழ் മലയാളം ગુજરાતી తెలుగు ಕನ್ನಡ ਪੰਜਾਬੀ

Brent crude

US oil dips below $50 per barrel over doubts recent rally will last

Traders said the drops came over concerns that a third-quarter market rally that had lifted Brent to mid-2015 highs by late September had been overdone.

Oct 04, 2017, 10:52 AM IST

Oil rises to 26-month high; Turkey threatens to cut Kurdistan oil pipeline

London Brent crude for November delivery was up 1 cent at USD 59.03 a barrel after settling up 3.8 percent on Monday. Earlier it rose to USD 59.49, the highest since July 10, 2015.

Sep 26, 2017, 13:54 PM IST

Oil set for strongest Q3 since 2004, Iraq hints at OPEC extension

Brent crude futures rose 29 cents to $55.43 a barrel by 0800 GMT, while US West Texas Intermediate (WTI) crude futures were up 42 cents at $49.90 a barrel.

Sep 20, 2017, 14:33 PM IST

Oil prices fall amid broader market selloff, despite tightening supplies

Oil traders said the crude falls came amid a selloff across many other markets, including US and Asian stocks, where investors voted with their feet amid growing scepticism US President Donald Trump, embroiled in controversy, would achieve his economic agenda.

Aug 18, 2017, 20:03 PM IST

Oil sits near half-year lows as global supply overhang weighs

Oil prices were not far off six-month lows, held down by an ongoing supply overhang that persists despite an OPEC-led effort to cut production and prop up crude markets.

Jun 16, 2017, 10:38 AM IST

Oil hits 6-week low as OPEC fails to curb oversupply

Brent crude oil fell 30 cents to USD 46.70 a barrel, its weakest since May 5 and just above six-month lows, before recovering a little to trade around USD 46.90 by 0945 GMT.

Jun 15, 2017, 15:58 PM IST

OPEC set to prolong oil output cuts by nine months

OPEC is likely to extend production cuts for another nine months, ministers and delegates said on Tuesday as the oil producer group meets this week to debate how to tackle a global glut of crude.

May 24, 2017, 11:07 AM IST

'Easing crude prices good for India's inflation, GDP growth'

Average crude oil prices will be around USD 45 for the next half of this year and this, coupled with positive macro fundamentals, could translate into better growth numbers for the country, says a report.

May 11, 2017, 13:40 PM IST

Oil prices firm on strong demand, political uncertainty in Syria

US West Texas Intermediate (WTI) crude futures were up 10 cents at $52.34 a barrel.

Apr 10, 2017, 10:19 AM IST

Oil hits one-month high near $55 on tighter supplies

Oil hit a one-month high near $55 a barrel on Wednesday as a drop in US crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an outage at a UK North Sea oilfield lent support.

Apr 05, 2017, 16:43 PM IST

Oil hits 3-week highs as OPEC deal extension seen likely

Oil prices jumped for a third day on Thursday to their highest in three weeks after Kuwait gave its backing for an extension of OPEC production cuts in an attempt to reduce global oversupply.

Mar 30, 2017, 23:44 PM IST

Oil slips towards $50 on doubts over duration of output cut

Oil fell further towards $50 a barrel on Monday, pressured by uncertainty over whether an OPEC-led production cut will be extended beyond June in an effort to counter a glut of crude.

Mar 27, 2017, 17:30 PM IST

Oil prices hit lowest since November on expanding US inventories

Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.

Mar 22, 2017, 17:41 PM IST

Oil hits 18-month high as markets eye output cuts

Benchmark Brent crude jumped more than 2 percent to a high of $58.37, up $1.55 a barrel and its highest since July 2015.

Jan 03, 2017, 15:35 PM IST

Oil prices decline on strong US dollar

Oil prices declined as strong US dollar offset market`s optimism over an oil output freeze deal.

Nov 18, 2016, 06:32 AM IST

Oil climbs above $52 per barrel on support from US fuel stocks

Supported by drop in US fuel inventories, oil price climbed above $52 per barrel on Friday. It comes at a time when OPEC is mulling over a plan to reduce oil production.

Oct 14, 2016, 20:20 PM IST

Crude oil down on OPEC doubts as it floats 6-month output cap plan

Oil prices on Tuesday retreated from one-year highs, after OPEC said it was trying to reach a global agreement to cap production for at least six months amid doubts about how much that would reduce a crude glut.

Oct 12, 2016, 02:54 AM IST

Brent oil price hits highest level of $53.45 a barrel in a year

Brent North Sea crude rose to $53.45 a barrel on Monday -- its highest price in a year after President Vladimir Putin indicated Russia was ready to join measures to limit global oil production.

Oct 10, 2016, 21:06 PM IST

Crude oil eases off 4-month high as speculators doubt deal to cut output

Oil eased off four-month highs on Monday as doubts over oil producers reaching a meaningful output cut deal brought some speculators to unwind bullish bets.

Oct 10, 2016, 15:37 PM IST