Oil prices ease on US dollar, higher shale output forecast
US crude futures for July shed 7 cents to $60.38 a barrel as of 0009 GMT after closing up 53 cents in the previous session.
Jun 19, 2015, 08:38 AM IST
Oil prices dip on US gasoline stock build
US July crude edged down 16 cents at $59.76 a barrel as of 0140 GMT after falling 5 cents in the previous session.
Jun 18, 2015, 09:18 AM IST
Oil prices up in Asian trade
US benchmark West Texas Intermediate for July delivery gained 10 cents to $60.07 while Brent crude for August added five cents to $63.75 in late-morning trade.
Jun 17, 2015, 09:33 AM IST
Oil prices recover amid Greece, supply worries
In mid-afternoon Asian trade, US benchmark West Texas Intermediate for July was up 64 cents at $60.16 while Brent futures for August, a new contract, were up 35 cents at $64.30.
Jun 16, 2015, 13:47 PM IST
Oil prices recover amid Greece, supply worries
US benchmark West Texas Intermediate for July was up 60 cents at $60.12 while the Brent contract for August, a new contract, was up 32 cents at $64.27 in late morning trade.
Jun 16, 2015, 09:18 AM IST
Oil prices fall on oversupply, but US crude supported by Gulf of Mexico storm
"Fundamental data indicates that the oil market is oversupplied by over 2 million barrels per day," the bank said. But it added that due to a recent rally in prices it had lifted its average 2015 Brent and WTI price forecasts to $60 and $55.10 per barrel respectively, up from $52.50 and $48.60 a barrel previously.
Jun 15, 2015, 12:44 PM IST
Asia shares, euro stifled by Greek drama
The euro had less luck as talks on Greece showed no sign of reaching a deal. The single currency was off at $1.1254, from a high of $1.1387 set on Wednesday.
Jun 12, 2015, 12:49 PM IST
Oil prices drop as IEA predicts demand slowdown
US benchmark West Texas Intermediate for delivery in July fell 58 cents to USD 60.85 a barrel compared with yesterday's closing level. Brent North Sea crude for July slid 46 cents to stand at USD 65.24 around midday in London.
Jun 11, 2015, 19:39 PM IST
Oil jumps after US stockpile draw; gasoline at seven-month high
Oil rallied for a second straight day on Wednesday, with U.S. crude nearing a one-month high and gasoline hitting its highest price since November, as a big U.S. stocks drawdown boosted the outlook for summer fuel demand.
Jun 11, 2015, 08:56 AM IST
Oil prices up on hopes for big fall in US stocks
Oil prices extended gains today on expectations of a huge decline in US crude reserves, signalling that demand is improving in the world's top economy and a global supply glut could soon end, analysts said.
Jun 10, 2015, 09:39 AM IST
Oil prices rise on hopes for China stimulus
Front month U.S. crude climbed 24 cents to $58.38 a barrel by 0320 GMT, after ending the previous session down 99 cents. Brent for June delivery rose 19 cents to $62.88 a barrel, having settled down 62 cents in the previous session.
Jun 09, 2015, 10:15 AM IST
Oil down after OPEC meeting, eyes on Iran talks
Oil prices fell in Asia Monday after OPEC decided to maintain its high output levels, while traders were also weighing the possible return of Iranian supplies that have been curtailed by international sanctions against Tehran, analysts said.
Jun 08, 2015, 09:09 AM IST
Oil prices rise ahead of OPEC output meeting
"We expect payroll numbers to go up, and this will in turn firm up the dollar and subsequently make dollar-priced crude more expensive," said Teo.
Jun 05, 2015, 10:19 AM IST
OPEC expected to keep status quo on oil output
However on Thursday, New York`s West Texas Intermediate (WTI) crude and London`s Brent oil both fell sharply for a second day as traders fretted that a no-change OPEC decision would further fuel the burgeoning global supply glut.
Jun 05, 2015, 10:09 AM IST
Crude oil futures fall 0.68% on global cues
Oil prices for June delivery moved down Rs 23, or 0.59 percent, to Rs 3,895 per barrel, with a business volume of 2,045 lots.
Jun 03, 2015, 11:06 AM IST
Oil prices down in Asian trade
WTI jumped USD 1.06 and Brent rose 61 cents yesterday after a sharp fall in the US dollar, which made dollar-priced crude cheaper for buyers using weaker currencies.
Jun 03, 2015, 10:28 AM IST
Crude oil futures down on weak Asian cues
The trading sentiment eased in futures trade after crude oil prices fell in Asian trade today following gains at the end of last week while there are still concerns about a global supply glut as OPEC prepares for a meeting where it is expected to maintain output, analysts said.
Jun 01, 2015, 10:54 AM IST
Oil prices retreat in Asia
US benchmark West Texas Intermediate (WTI) for July fell 52 cents $59.78 a barrel, while Brent shed 51 cents to $65.05.
Jun 01, 2015, 08:54 AM IST
Oil up more than 1% after US inventory drop
Crude oil prices rose more than 1 percent on Friday after U.S. inventories fell for a fourth straight week, though a stronger dollar left prices set for a weekly drop.
May 30, 2015, 10:13 AM IST
Crude oil futures surges by Rs 65 on Asian cues
Crude oil for delivery in June was trading notably higher by Rs 65, or 1.77 percent to Rs 3,733 per barrel, with a business turnover of 4,545 lots in futures trading at the Multi Commodity Exchange.
May 29, 2015, 12:20 PM IST
