Oil prices edge up after US drilling cut but oversupply still weighs
US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.
Sep 14, 2015, 09:37 AM IST
Oil prices down ahead of US energy report
US benchmark West Texas Intermediate for October delivery fell 65 cents to USD 43.50 while Brent crude for October dropped 76 cents to USD 46.82 in late-morning trade.
Sep 10, 2015, 09:22 AM IST
Oil dips in Asia after mixed US report
US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.
Sep 03, 2015, 10:09 AM IST
Oil falls back below $49 as glut, China concerns weigh
International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.
Aug 31, 2015, 14:32 PM IST
Oil prices dip in Asia after huge rally
US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.
Aug 31, 2015, 11:05 AM IST
Oil prices fall on profit taking, rate hike uncertainty
That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.
Aug 31, 2015, 08:52 AM IST
Govt nods royalty payment to states on crude oil production
The government Wednesday agreed to pay states like Gujarat and Assam, from its annual budget, the difference between royalty paid by operators of some oil fields as per their contract and actual prevailing rate.
Aug 26, 2015, 21:35 PM IST
Oil rebounds but still near 6-1/2-year lows
Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.
Aug 25, 2015, 22:29 PM IST
Oil prices fall ahead of US stocks data
US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.
Aug 19, 2015, 09:22 AM IST
Oil prices fall again as US and Asian demand looks to weaken
Both crude oil benchmarks are now almost a third below their last peak from May, and analysts say more falls could lie ahead.
Aug 18, 2015, 08:40 AM IST
Oil prices slide further in Asia
Oil prices resumed their decline in Asia on Monday as a global glut of crude supplies showed no signs of abating in the face of sluggish demand, analysts said.
Aug 17, 2015, 09:07 AM IST
OPEC raises 2015 oil demand forecast despite bearish markets
In its August monthly report, the Organization of the Petroleum Exporting Countries said it was expecting world oil demand to grow by 1.38 million barrels per day -- some 90,000 more than announced in its July estimates.
Aug 11, 2015, 17:14 PM IST
Oil trades close to multi-month lows, Brent below $50
"We`re talking about September crude runs now and that`s pretty much past summer," said Tony Nunan, a risk manager at Mitsubishi Corp.
Aug 06, 2015, 13:04 PM IST
Oil prices languish as supply concerns linger
US benchmark West Texas Intermediate for September fell 36 cents to $46.76 while Brent crude for September eased 42 cents to $51.79 in morning trade.
Aug 03, 2015, 08:27 AM IST
Oil prices down in Asia
US benchmark West Texas Intermediate for September delivery fell 36 cents to $48.16 and Brent crude for September shed 29 cents to $53.02 a barrel in late-morning trade.
Jul 31, 2015, 09:20 AM IST
Oil prices extend rise in Asia
US benchmark West Texas Intermediate (WTI) for September delivery was up 13 cents at USD 48.92 and Brent crude gained 32 cents to USD 53.70 a barrel in late-morning trade.
Jul 30, 2015, 10:33 AM IST
Oil down in Asia, hurt by Chinese factory slump
A strong dollar and signs of increasing US oil production added pressure on oil prices, which have already been depressed by a global crude oversupply, analysts said.
Jul 27, 2015, 09:17 AM IST
Oil prices resume decline on supply glut worries
Ahead of an official report, the industry-funded American Petroleum Institute (API) said stockpiles had increased by 2.3 million barrels last week.
Jul 22, 2015, 09:58 AM IST
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
