No final decision taken on crude extraction by OPEC group
No final decision taken on crude extraction by OPEC group.
Jun 03, 2016, 14:33 PM IST
Oil falls to $37, near 11-year low, as excess supply weighs
Oil fell to around $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has led to prices more than halving since the downturn began in mid-2014.
Dec 28, 2015, 21:26 PM IST
Brent oil rises above $55 as weaker dollar offsets supply woes
Brent crude rose above $55 a barrel on Friday and the U.S. benchmark rose by 4 percent after the dollar weakened, causing oil to reverse earlier losses on persistent oversupply concerns.
Mar 20, 2015, 21:09 PM IST
Oil prices falter on robust supplies
World oil prices dropped on Friday with the market under persistent pressure from large supplies of crude and a strong dollar, traders said.
Mar 20, 2015, 18:41 PM IST
Brent oil falls below $54 on OPEC output, Iran
Brent crude oil fell below USD 54 a barrel on Friday and was on track for its third straight weekly loss, hurt by worries of rising supplies from OPEC and the United States.
Mar 20, 2015, 17:29 PM IST
