Oil prices decline on glut worries
Oil prices extended losses on Thursday after data showed US crude stockpiles gained unexpectedly, deepening market concerns on oversupply.
Jul 29, 2016, 06:26 AM ISTCrude oil futures fall 2.57% as it trades at 6-year low in Asia
At the Multi Commodity Exchange (MCX), crude oil for delivery in March tumbled by Rs 71, or 2.57 percent, to Rs 2,688 per barrel in 8,910 lots.
Mar 18, 2015, 12:50 PM ISTOil slips after four-day rally
Oil prices fell on Wednesday as renewed concerns over global demand and high stock levels halted a rally that pushed up prices by about 19 percent over the past four sessions.
Feb 04, 2015, 09:57 AM IST