Oil steadies above $62 per barrel, expected fall in US inventory supports
An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.
Dec 05, 2017, 16:43 PM IST
Oil falls on uncertainty over OPEC deal, rise in US inventories
Brent crude futures were down 34 cents on the day at $63.27 a barrel, while US light crude fell 31 cents to $57.68 a barrel.
Nov 29, 2017, 16:34 PM IST
Oil prices rise on tighter US market, Middle East tensions
US crude inventories fell by 7.1 million barrels in the week to Oct 13 to 461.4 million barrels, the American Petroleum Institute (API) said late on Tuesday.
Oct 18, 2017, 11:06 AM IST
Oil prices rise but stay near multi-year lows
Oil prices crept higher Wednesday but still struggled near multi-year lows as analysts warned the weakness will continue past next year.
Dec 09, 2015, 19:11 PM IST
Oil prices edge up but Iran supply expectations cap gains
Oil prices edged up in Asian trade on Friday following a decline in US crude inventories, although heavier buying was tempered by expectations a return of Iranian crude into the market will further increase global supplies.
Sep 25, 2015, 09:34 AM IST
Five key reasons behind falling oil prices
Here are the 5 key reasons of oil price decline.
Aug 20, 2015, 10:59 AM IST
Oil slumps to near six-year low under $44 per barrel
New York oil prices tumbled to a near six-year low underneath $44 per barrel on Thursday, as record-high US crude inventories deepened worries over the global supply glut.
Jan 29, 2015, 23:54 PM IST
