Oil up more than $1 after Saudi's Asia price hike
Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia for a second month, signalling better demand in the region.
Apr 06, 2015, 12:38 PM IST
Oil prices dip as Iran nuclear deadline approaches
Oil sank on Tuesday as dealers tracked last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the key crude producer.
Mar 31, 2015, 23:42 PM IST
Oil drops to $55 as Iran nuclear talks intensify
Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.
Mar 31, 2015, 19:18 PM IST
Oil up 5% after Saudi strikes in Yemen; dollar limits gains
Oil jumped about 5 percent on Thursday, rallying a second straight day, after air strikes in Yemen by Saudi Arabia and its Gulf Arab allies sparked fears of a bigger Middle East battle that could disrupt world crude supplies.
Mar 27, 2015, 08:52 AM IST
Oil prices diverge before US energy report
Oil traded mixed Wednesday before the release of US stockpiles data, a closely watched barometer of demand in the world`s biggest consumer of the commodity, analysts said.
Mar 25, 2015, 18:51 PM IST
Oil prices dip as US stock-build drags, China strategic reserves fill
Crude oil futures fell on Wednesday, pressured by ballooning U.S. storage volumes and more evidence that China`s strategic reserves could nearly be full.
Mar 25, 2015, 13:18 PM IST
Oil to reach $100 a barrel by end of 2016: Pickens
Oil prices could hit $100 a barrel by the end of next year, U.S. oil magnate T. Boone Pickens said on Tuesday, revising his previous forecast which said they would reach that level as early as this year.
Mar 25, 2015, 11:50 AM IST
Oil prices mixed in Asia before US stockpiles data
Oil prices were mixed in Asia on Wednesday ahead of the release of US stockpiles data, a closely watched barometer of demand in the world's biggest consumer of the commodity, analysts said.
Mar 25, 2015, 09:05 AM IST
Oil below $56 as Saudi output near record, China activity slows
Brent crude oil held below $56 a barrel on Tuesday on signs of slowing growth in China and as Saudi Arabia said its production was close to an all-time high.
Mar 24, 2015, 14:59 PM IST
India to advantage of low prices to fill strategic oil reserves
Taking advantage of lower oil prices, India will next month begin filling up its maiden strategic oil reserves to insulate itself from supply disruptions.
Mar 19, 2015, 18:41 PM IST
Brent falls towards $53 after US crude stocks rise; weaker dollar limits fall
Brent for May delivery fell 24 cents to $53.27 a barrel by 0108 GMT after ending the previous session 7 cents up at $53.51.
Mar 18, 2015, 09:20 AM IST
Brent crude comes off six-week low to rise above $54
Brent crude rose above $54 a barrel in choppy trade on Tuesday, recovering some of the previous session`s losses when it hit a six-week low, but concerns over a growing supply glut kept a lid on gains.
Mar 17, 2015, 12:36 PM IST
Oil climbs to $61 on Mideast supply concerns
Brent crude oil rose to around USD 61 a barrel on Friday as fighting in Libya and Iraq stoked output worries, while traders kept a close eye on Iran nuclear talks that could eventually bring more supply to world markets.
Mar 06, 2015, 15:13 PM IST
Oil market is stabilising, $60 is OK for now: Gulf OPEC delegate
Oil prices have started to stabilise around current levels of $60 a barrel and demand is showing signs of improving in Asia and other regions, a senior Gulf OPEC delegate said on Tuesday.
Feb 25, 2015, 09:00 AM IST
Brent rises above $59 on hopes of economic recovery
Brent edged above $59 a barrel on Tuesday, after a 2-percent slide in the previous session, buoyed by cautious optimism on the outlook for the global economy.
Feb 24, 2015, 10:30 AM IST
Brent crude extends rally, but analysts warn prices could drop
Brent crude extended its rally on Tuesday, moving further away from six-year lows hit in January, but some analysts warned that prices had risen too far and could face a downward correction.
Feb 17, 2015, 10:58 AM IST
Oil price approaches six-year low
New York oil prices tumbled close to six-year lows on Thursday, as record-high US crude inventories deepened worries over the global supply glut.
Jan 29, 2015, 19:56 PM IST
Oil slumps as US crude reserves surge to record high
Oil tumbled close to a six-year low Wednesday as US crude stocks soared to a record peak, sparking fresh fears over the growing global supply glut, analysts said.
Jan 29, 2015, 00:13 AM IST
Oil slips to $49 as US crude inventories hit record
Oil slipped to $49 a barrel on Wednesday after US crude stocks soared to the highest on record last week, and as a firmer dollar weighed on prices.
Jan 28, 2015, 22:02 PM IST
Oil prices rebound in Asian trade
Oil prices on Tuesday edged up slightly after nearing six-year lows but gains were capped owing to lingering concern about a global supply glut, weak demand and Greece's political future, analysts said.
Jan 27, 2015, 10:43 AM IST
