Saudi reliance on oil `dangerous`, says billionaire prince
The fall of crude oil prices below $80 a barrel proves Saudi Arabia`s reliance on petroleum revenue is "dangerous", billionaire Prince Alwaleed bin Talal said on Tuesday.
Nov 04, 2014, 23:49 PM IST
Oil swoons 3% to a four-year low; eyes on Saudi US discount
Brent crude oil fell to a more than four-year low near $82 a barrel on Tuesday, after top oil exporter Saudi Arabia cut sales prices to the United States.
Nov 04, 2014, 18:07 PM IST
Brent drops below $86 after Goldman cuts price forecasts
Brent crude futures extended declines to below $86 a barrel on Monday after Goldman Sachs cut its price forecasts for the contract and for U.S. oil by $15 in the first quarter of next year.
Oct 27, 2014, 09:01 AM IST
Oil rises to $87 as investors say market oversold
Brent crude oil rose more than a dollar to around $87 a barrel on Friday, bouncing from near four-year lows as investors bought back into a market they said was oversold, and as fighting in Iraq increased political risk.
Oct 17, 2014, 18:07 PM IST
Oil sinks to four-year low as economic worries mount
Oil fell more than $1 a barrel on Thursday to a four-year low below $83 a barrel as growing concerns over the global economy stretched a four-month rout.
Oct 16, 2014, 16:50 PM IST
Oil dips below $84, near four-year low, on oversupply
Brent crude fell to a fresh 47-month low on Wednesday, dipping below $84 a barrel as faltering global growth curbed demand for fuel at a time of heavy oversupply.
Oct 15, 2014, 15:11 PM IST
Global crude oil price of Indian basket falls to $87.46 per barrel
The international crude oil price of Indian Basket, computed by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to USD 87.46 per barrel on Tuesday.
Oct 15, 2014, 13:22 PM IST
Oil prices down on US stockpiles surge, OPEC reports
Crude prices fell in Asia Thursday following an unexpected surge in US stockpiles and reports that the OPEC oil cartel is unlikely to slash production when it meets in November.
Sep 18, 2014, 12:07 PM IST
Global crude oil price of Indian basket falls to $95.50/barrel
The international crude oil price of Indian Basket, computed by Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas fell to USD 95.50 per barrel on Monday.
Sep 16, 2014, 11:59 AM IST
Oil hits 26-month low under $97 on weak China data
Brent crude oil fell below $97 per barrel on Monday to its lowest in more than two years as lacklustre economic data from China, the world`s top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.
Sep 15, 2014, 21:21 PM IST
Brent holds near 14-month low on plentiful supply
Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.
Aug 20, 2014, 10:05 AM IST
Brent falls to 14-month low on improving global supply
Brent crude prices fell to a 14-month low on Tuesday, giving up early gains as recovering Libyan output, sustained Iraqi production and weak demand offset concerns about threats to supply.
Aug 19, 2014, 23:29 PM IST
Oil prices dip on profit taking, Iraq
World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.
Jul 02, 2014, 02:55 AM IST
