Brent posts weekly loss after month of gains; US crude up
Brent oil posted its first weekly loss in a month on Friday as the market fretted again about global oversupply while U.S. crude rose for an eighth straight week, helped by jobs growth data and the first storm of the hurricane season forming.
May 09, 2015, 11:45 AM IST
Nikkei rises on dividend optimism after Fanuc's announcement; Fed focused
Japan`s Nikkei share average rose on Tuesday helped by hopes of better shareholder returns after Fanuc Corp doubled its dividend payout ratio, but gains were limited ahead of a two-day U.S. Federal Reserve`s policy meeting.
Apr 28, 2015, 11:54 AM IST
Japan stocks at 15-year peak, oil down as Saudi ends Yemen air campaign
Japanese shares rallied to a 15-year high on Wednesday on expectations of improved corporate earnings, while oil sagged after Saudi Arabia ended its military campaign in Yemen, easing tensions in the energy-rich Middle East.
Apr 22, 2015, 08:57 AM IST
Oil down as Saudis end Yemen bombing; traders eye crude build
Oil prices fell on Tuesday after Saudi Arabia announced the end of its military campaign in Yemen, easing tensions in the Middle East, and traders expected another weekly build in US crude stockpiles.
Apr 22, 2015, 01:31 AM IST
Oil slips below $64 as ample supplies weigh
Oil eased below $64 a barrel on Friday as evidence this week of rising crude supplies from OPEC members outweighed signs of a slowdown in U.S. output and Middle East tensions.
Apr 17, 2015, 17:13 PM IST
Nikkei tops 20,000 for first time in 15 years; up 2.4% on week
Japan`s Nikkei share average topped the psychological 20,000-point mark on Friday for the first time in 15 years on hopes of stronger corporate earnings, and gained 2.4 percent on the week.
Apr 10, 2015, 13:22 PM IST
Japan shares test 15-year highs, dollar in demand
Japanese shares were probing 15-year peaks Wednesday as investors favoured Asian assets on expectations of more stimulus from countries such as China and Japan, as well as a delayed start to any tightening by the U.S. Federal Reserve.
Apr 08, 2015, 08:51 AM IST
Oil jumps on weaker dollar; U.S. crude up more than 4 pct
Oil prices jumped on Friday, heading for their first positive week in three, as the dollar fell on interest-rate uncertainty, lifting demand for dollar-denominated commodities from holders of other currencies.
Mar 20, 2015, 22:24 PM IST
Brent climbs towards $55 on weaker dollar; supply concerns limit gains
Brent prices rebounded towards $55 a barrel on Friday as the dollar weakened slightly, but gains were limited by supply concerns after Kuwait said OPEC had no choice but to maintain output levels.
Mar 20, 2015, 10:26 AM IST
Oil prices drop as spare storage capacity runs low
Oil prices fell on Monday, with US crude dropping nearly 3 percent to a six-year low as the dollar hit fresh highs and spare oil storage capacity runs low around the world.
Mar 16, 2015, 11:23 AM IST
US crude prices to drop to $40 a barrel as inventories rise: Goldman
Oil prices will reverse their recent gains as global crude inventories begin to increase again, with US crude likely to drop as far as $40 a barrel in the near-term, Goldman Sachs said.
Mar 09, 2015, 09:46 AM IST
Japan stocks extend rally, upbeat data supports dollar
Japanese stocks rose to a fresh 15-year high on Friday with the dollar boosted by upbeat U.S. data, but continuing uncertainty over the Greek debt negotiations weighed on the euro.
Feb 20, 2015, 08:58 AM IST
Oil rises to $62 per barrel, near 2015 high as Mideast risks support
Oil rose to USD 62 a barrel on Tuesday, close to its 2015 high, supported by threats to Middle East supplies and expectations lower prices may prompt a slowdown in U.S. output.
Feb 17, 2015, 16:55 PM IST
Oil 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
Oil prices fall on market relief over Saudi policy
Oil prices fell on Monday, with US crude falling close to a nearly six-year low, as Saudi Arabia`s new King Salman moved to assuage fears of an unstable transition and any policy change in the world`s largest oil exporter.
Jan 26, 2015, 17:27 PM IST
Brent closes up, US crude down after Saudi king dies
Brent crude was buoyed on Friday by market uncertainty over the future of Saudi oil output, while U.S. crude fell on more signs of oversupply.
Jan 24, 2015, 09:53 AM IST
Brent holds above $48, few analysts see quick recovery
Brent futures edged higher on Friday, holding above $48 a barrel on positive technical price momentum, although few analysts expect a strong rebound anytime soon as global output continues to outweigh demand.
Jan 16, 2015, 10:47 AM IST
Oil prices edge up in Asian trade
US benchmark West Texas Intermediate for February, which dived $2.23 Thursday, was up 31 cents at $46.56.
Jan 16, 2015, 09:52 AM IST
Oil price to fall until major Asian manufacturers feel the benefit
Oil prices will continue to drop as high production meets weak demand and a strong US dollar pressures crude, and markets will only pick up once major manufacturing economies particularly in Asia feel the benefit of cheaper energy.
Jan 08, 2015, 23:27 PM IST
Global crude oil price of Indian basket drops to $46.97/barrel
The international crude oil price of the Indian basket, computed by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas, fell to USD 46.97 per barrel on Wednesday, compared to USD 49.22 per barrel on the previous publishing day.
Jan 08, 2015, 16:49 PM IST
