US oil price drops amid ample supplies
US oil price retreated on Thursday as US stockpiles added last week.
Nov 20, 2015, 03:49 AM ISTOil prices rise as supplies add lower-than-expected
Oil prices gained on Wednesday as US stockpiles added less-than-expected.
Nov 19, 2015, 04:05 AM ISTOPEC expected to keep status quo on oil output
However on Thursday, New York`s West Texas Intermediate (WTI) crude and London`s Brent oil both fell sharply for a second day as traders fretted that a no-change OPEC decision would further fuel the burgeoning global supply glut.
Jun 05, 2015, 10:09 AM ISTCrude oil futures fall 0.68% on global cues
Oil prices for June delivery moved down Rs 23, or 0.59 percent, to Rs 3,895 per barrel, with a business volume of 2,045 lots.
Jun 03, 2015, 11:06 AM ISTCrude oil futures surges by Rs 65 on Asian cues
Crude oil for delivery in June was trading notably higher by Rs 65, or 1.77 percent to Rs 3,733 per barrel, with a business turnover of 4,545 lots in futures trading at the Multi Commodity Exchange.
May 29, 2015, 12:20 PM ISTOil prices higher in Asian trade
Analysts expect inventories fell for a fourth consecutive week, by 2.0 million barrels, according to a survey by Bloomberg News.
May 28, 2015, 12:14 PM ISTOil ends down despite U.S. crude draw; stockpiles still hefty
The CBOE crude oil volatility index, meanwhile, hit a six-month low, signaling that U.S. shale drillers were hedging oil output.
May 14, 2015, 10:26 AM IST