Oil prices edge lower on stronger dollar, ample supply
U.S. August crude , set to expire on Tuesday, fell 12 cents to 50.03 a barrel by 0054 GMT. The front-month contract fell below $50 a barrel on Monday for the first time since April.
Jul 21, 2015, 08:51 AM IST
Oil edges lower as Saudi crude exports fall, US cuts drill rigs
Brent September crude was 12 cents lower at $56.98 a barrel by 0316 GMT. The benchmark had fallen nearly 3 percent last week and more than 10 percent for the month.
Jul 20, 2015, 09:37 AM IST
Oil prices fall as Iran, global powers reach nuclear deal
Oil prices tumbled on Tuesday as Iran and six global powers reached a nuclear deal that could see an easing of sanctions against Tehran and a gradual increase in its oil exports just as Asian economies showed further signs of weakness.
Jul 14, 2015, 12:03 PM IST
Oil prices down in Asia as Iran deal looms
A forecast by the International Energy Agency (IEA) for slower world oil demand next year was also weighing on the market, analysts said.
Jul 13, 2015, 08:59 AM IST
Oil prices rise in Asia but China, Greece cap gains
Robust commercial crude inventories in the United States added to the pressure in the face of a supply glut, they said.
Jul 09, 2015, 08:54 AM IST
Oil prices down in Asia as Greece and China weigh
US benchmark West Texas Intermediate for August delivery dropped 14 cents to $52.19 a barrel and Brent tumbled 13 cents to $56.72, both reversing an earlier uptick.
Jul 08, 2015, 08:42 AM IST
Oil rebounds in Asia
US benchmark West Texas Intermediate for August delivery advanced 47 cents to $53.00 in late-morning Asian trade after plummeting nearly 8.0 percent, or $4.43, in US closing deals Monday.
Jul 07, 2015, 09:17 AM IST
Oil tumbles in Asia as Greek vote shakes world markets
Oil fell in Asia on Monday as investors digested the implications of Greece rejecting tough austerity demands from creditors which could send the debt- strapped nation crashing out of the eurozone, analysts said.
Jul 06, 2015, 09:06 AM IST
Oil prices ease ahead of Greece vote
Oil prices eased in Asia Friday ahead of a weekend bailout reform referendum in Greece that could determine its future in the eurozone.
Jul 03, 2015, 13:04 PM IST
Oil prices drop on rising US rig count, China stock market probe
Oil prices dropped on Friday as a rising U.S. rig count stoked fears of oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.
Jul 03, 2015, 12:14 PM IST
Oil holds below three-week lows as Greek enters 2nd day of bank shutdown
Oil futures hovered below three-week lows on Tuesday as investors waited for developments in Greece following a bank shutdown, keeping them away from riskier assets and putting Brent crude on course for a second month of declines.
Jun 30, 2015, 13:48 PM IST
Oil prices mixed with focus on Greece
US benchmark West Texas Intermediate for August delivery fell eight cents to USD 59.62 while Brent crude for August gained 20 cents to USD 63.40 in mid-morning trade.
Jun 26, 2015, 09:26 AM IST
Oil prices mixed in Asian trade
US benchmark West Texas Intermediate for August delivery fell three cents to $60.24 while Brent gained 14 cents to $63.63 in mid-morning trade.
Jun 25, 2015, 09:36 AM IST
India's oil import bill to fall 21.7% to $88 bn in FY16
India's crude oil import bill is likely to fall by 21.7 percent this fiscal to USD 88 billion on falling international oil prices, according to latest Petroleum Ministry estimates.
Jun 24, 2015, 18:05 PM IST
Oil rises towards $65 on signs glut easing, Iran doubts
Brent crude rose 30 cents to $64.75 a barrel by 0836 GMT. U.S. crude gained 39 cents to $61.40. Both contracts made gains on Tuesday.
Jun 24, 2015, 15:43 PM IST
Oil prices climb on stronger demand, uncertainty over Iran deal
Oil prices rose in Asian trade on Wednesday on hopes for stronger than expected US crude demand, while doubts over reaching an agreement next week over Iran`s nuclear programme eased oversupply concerns.
Jun 24, 2015, 08:26 AM IST
Oil prices down in Asia
US benchmark West Texas Intermediate for August delivery was down 17 cents at $60.21 a barrel in late-morning Asian trade, and Brent crude for August dropped 14 cents to $63.20.
Jun 23, 2015, 08:43 AM IST
Oil prices down with eyes on Greece, Iran talks
US benchmark West Texas Intermediate for July delivery fell 10 cents to $59.51 while Brent crude for August eased 13 cents to $62.89 in late-morning trade.
Jun 22, 2015, 09:03 AM IST
Oil down 2% on Greek worries, weaker products markets
Crude oil fell about 2 percent on Friday, the first decline after three days of gains, as worries over the Greek fiscal crisis, weaker oil products prices and pre-weekend profit taking undercut the market.
Jun 20, 2015, 09:19 AM IST
Oil eases below $64, ample supplies and Greece weigh
Oil eased below $64 a barrel on Friday as concern over Greece and a forecast that U.S. shale oil output would keep growing this year countered signs of a pickup in demand.
Jun 19, 2015, 23:43 PM IST
