Oil prices sustain rally
Buoyant oil prices sustained a rally in Asia on Wednesday driven by hopes the crude supply glut would ease and expectations the US central bank would hold off from raising interest rates.
Oct 07, 2015, 09:23 AM IST
Oil prices hold above $46 ahead of US inventories report
A decline in US drilling activity has supported prices recently, fuelling hopes a fall in production would help ease the global crude supply glut.
Oct 06, 2015, 09:02 AM IST
Oil extends gains in Asia
The number of active rigs in the United States fell by 26 to 614 last week, the lowest in five years, helping ease concerns over the global crude oversupply that has depressed prices.
Oct 05, 2015, 09:25 AM IST
Oil higher in Asia ahead of US jobs report, hurricane threat
Oil prices climbed in Asia Friday ahead of the release of a US jobs report and as a hurricane threatened refineries on the US east coast.
Oct 02, 2015, 11:04 AM IST
Oil prices retreat in Asian trade
Oil prices retreated in Asia on Wednesday as traders focus on US crude stockpile report, a day after growing concerns over China`s economy sparked a massive sell-off in shares of commodity firms.
Sep 30, 2015, 09:34 AM IST
Oil prices edge up but Iran supply expectations cap gains
Oil prices edged up in Asian trade on Friday following a decline in US crude inventories, although heavier buying was tempered by expectations a return of Iranian crude into the market will further increase global supplies.
Sep 25, 2015, 09:34 AM IST
Oil prices edge up after sharp falls in previous session
Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices pressured the market.
Sep 15, 2015, 08:28 AM IST
Oil prices edge up after US drilling cut but oversupply still weighs
US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.
Sep 14, 2015, 09:37 AM IST
Oil prices down ahead of US energy report
US benchmark West Texas Intermediate for October delivery fell 65 cents to USD 43.50 while Brent crude for October dropped 76 cents to USD 46.82 in late-morning trade.
Sep 10, 2015, 09:22 AM IST
Oil dips in Asia after mixed US report
US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.
Sep 03, 2015, 10:09 AM IST
Oil falls back below $49 as glut, China concerns weigh
International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.
Aug 31, 2015, 14:32 PM IST
Oil prices dip in Asia after huge rally
US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.
Aug 31, 2015, 11:05 AM IST
Oil prices fall on profit taking, rate hike uncertainty
That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.
Aug 31, 2015, 08:52 AM IST
Oil prices extend gains after biggest daily climb in 6 years
Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.
Aug 28, 2015, 14:11 PM IST
Oil markets catch breath after biggest gains in six years
Crude oil futures were largely steady on Friday after posting their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.
Aug 28, 2015, 08:27 AM IST
Oil price near 6.5-year low as China economy fears linger
Crude oil futures held in a narrow band on Wednesday not far off 6-1/2 year lows after China`s central bank moved to support the country`s stumbling economy, while concerns about a supply glut capped gains.
Aug 26, 2015, 08:56 AM IST
Oil rebounds but still near 6-1/2-year lows
Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.
Aug 25, 2015, 22:29 PM IST
Oil rallies but still near 6-1/2-year lows
European share markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the Shanghai Composite Index crashed through key support at 3,000 points.
Aug 25, 2015, 16:52 PM IST
Brent and US oil mark fresh 6-1/2-year lows on China and oversupply
US October crude also had dropped 60 cents to $39.85 a barrel, after hitting $39.71 a barrel or the lowest since $39.44 in March of 2009.
Aug 24, 2015, 08:09 AM IST
Oil dives below $40 per barrel, logs longest weekly losing streak in 29 years
US crude oil prices on Friday dove below USD 40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years.
Aug 21, 2015, 21:59 PM IST
