West Texas Intermediate

Oil prices drop ahead of OPEC meeting

Oil prices dipped Monday as the dollar strengthened and the market looked ahead to an OPEC meeting expected to keep output high.

Jun 02, 2015, 07:08 AM IST

Crude oil futures firm up on overseas cues

WTI crude prices for June delivery rose 6 cents to USD 59.49 while Brent crude for July eased 14 cents to USD 66.13 a barrel in late-morning trade on the New York Mercantile Exchange.

May 19, 2015, 11:24 AM IST

Oil prices mixed in Asian trade

Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.

May 19, 2015, 11:06 AM IST

Asia shares slip after US data but euro advances

Asian markets mostly retreated, however, the euro added to recent gains after data showing the eurozone economy picking up,

May 14, 2015, 11:02 AM IST

Crude oil futures up Rs 49 per barrel on overseas cues

Crude oil for delivery in May gained Rs 49, or 1.26%, to Rs 3,936 per barrel.

May 13, 2015, 11:48 AM IST

Global oil prices shoot higher

Global oil prices rebounded sharply on Tuesday on the falling greenback, which makes dollar-priced crude cheaper for buyers using stronger currencies.

May 13, 2015, 01:06 AM IST

Oil prices retreat on strong dollar

The rebounding greenback makes dollar-priced oil more expensive.

May 11, 2015, 17:05 PM IST

Oil prices mixed in Asian trade

WTI tumbled $1.99 in New York and Brent closed down $2.23 in London

May 08, 2015, 09:56 AM IST

Oil prices down in Asian trade

Prices have come off because markets had been anticipating that US production numbers would have come down lower.

May 07, 2015, 09:24 AM IST

Oil prices lower after rally

"It`s likely that the gains that we`ve seen might be getting close to an end point. Oil will probably find it difficult to sustain values much beyond the mid $60s."

May 01, 2015, 10:52 AM IST

Oil prices mixed after China stimulus move

Oil prices traded mixed Monday after China slashed bank reserves requirements to get credit flowing more easily in the world`s largest energy consumer.

Apr 21, 2015, 03:17 AM IST

Oil prices mixed after pre-weekend slide

Oil prices finished mixed Monday in a market held back by a strong dollar and persistent concerns about the global oversupply of crude.

Mar 10, 2015, 01:38 AM IST

Oil prices steady after pre-weekend slide

Oil prices steadied Monday after sliding before the weekend as the dollar strengthened in the wake of robust jobs data in the United States, the world`s biggest consumer of crude.

Mar 09, 2015, 18:28 PM IST

Oil prices up in Asian trade

Oil prices rose in Asia today as dealers focused on increasing tensions in the Middle East and Ukraine, while shrugging off concerns about surging US stockpiles, analysts said.

Mar 06, 2015, 09:39 AM IST

Oil prices up in Asian trade

Oil prices rose in Asia Friday, extending solid gains in the previous session in response to news that leading petroleum producers are curtailing investment.

Feb 13, 2015, 11:23 AM IST

Oil market tumbles after OPEC boosts output

The oil market tumbled Thursday after OPEC said it produced more oil in December than its limit, despite sharply falling prices, and lowered its global demand outlook for its crude.

Jan 16, 2015, 05:10 AM IST

Oil market slips as US crude reserves rebound

Oil slid Wednesday on news of soaring crude inventories in the United States, and after major producers stressed they will maintain output levels despite global oversupply.

Jan 15, 2015, 07:52 AM IST

Oil rallies from multi-year lows

US oil prices Wednesday shot up more than five percent in a move attributed to bargain-hunting after the contract sank to a new multi-year low the prior day.

Jan 15, 2015, 05:00 AM IST

Oil prices hit fresh lows since 2009

Oil prices slipped toward nearly six-year lows Tuesday after OPEC officials underscored the cartel`s resolve to not cut output despite a supply glut and plunging prices.

Jan 14, 2015, 03:01 AM IST

US oil prices slip below $50 a barrel

US oil prices on Monday slipped below $50 a barrel for the first time in more than five years as the surging dollar and news of additional supplies extended a six-month rout.

Jan 06, 2015, 02:39 AM IST