Oil hits one-month high near $55 on tighter supplies
Oil hit a one-month high near $55 a barrel on Wednesday as a drop in US crude inventories raised hopes that OPEC-led supply restraint is clearing a glut, while an outage at a UK North Sea oilfield lent support.
Apr 05, 2017, 16:43 PM IST
Oil in unrelenting rout, dives to fresh 12-year low under $27 per barrel
Oil has fallen more than 25 percent so far this year, the steepest such slide since the financial crisis, piling more pain on oil drillers and producing nations alike.
Jan 21, 2016, 09:52 AM IST
Brent falls towards $53 after US crude stocks rise
Brent for May delivery fell 50 cents to $53.01 a barrel by 0644 GMT after ending the previous session 7 cents up at $53.51.
Mar 18, 2015, 13:52 PM IST
Brent climbs above $58 on contract covering, geopolitical tension
Geopolitical tensions in the Middle East and North Africa also supported crude futures.
Mar 12, 2015, 12:17 PM IST
Brent holds near $55 after big fall on record US crude stocks
March Brent futures were up 40 cents to $55.06 a barrel at 0429 GMT, following a 3-percent loss in the previous session that saw prices break below $54 at one point.
Feb 12, 2015, 10:25 AM IST
Brent gains after US crude stocks data, trades above $83
Brent crude rose above $83 a barrel on Thursday, bouncing further from its lowest level since 2010 after a lower-than-expected rise in U.S. crude stocks and solid U.S. job growth provided relief after a string of negative Chinese data.
Nov 06, 2014, 13:13 PM IST
Oil hits 16-month low below $99 on strong US supply growth
Brent crude dropped to a fresh 16-month low below USD 99 a barrel on Wednesday with rising supplies and weak demand helping extend losses into a fifth session.
Sep 10, 2014, 16:09 PM IST
