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India
Oil Slips on Large Saudi Arabian Price Cuts and Rising OPEC Output
Picture: REUTERSNew Delhi — Oil prices fell more than 1% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in Opec output, offsetting worri…
Oil Price
Oil prices rise as tight supply counters expected rate hikes
Brent crude futures rose 44 cents, or 0.6%, to $81.51 a barrel by 11 GMT. U.S. West Texas Intermediate (WTI) crude was at $77.51 a barrel, also up 44 cents, or …
Oil Price
Oil Prices Drop Following China's Lowering Main Rate for LPR
Trading data indicate a slight decline in world oil prices on Tuesday morning, as markets assess the prospects for growth in demand for this type of raw materia…
Oil&Gas Drilling
Oil Posts Second Weekly Decline as Demand Concerns Overshadow Saudi Cut
BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as disappointing Chinese data added to doubts about…
Oil Price
Oil Prices Inch up as Recession Fears Begin to Fade
By Sudarshan VaradhanSINGAPORE (Reuters) - Oil prices rose slightly in early Asian trade on Monday as fears of a recession in the U.S., which drove prices down …
Oil Price
Oil Rises as Falling US Inventories Refocus Market on Demand
Oil rose after plunging more than 2 per cent in the previous session as reports of falling US crude oil and fuel inventories refocused investors on robust deman…
Oil Price
Oil Stable on Mixed Drivers, Market Eyes Iraq Exports
Oil was nearly steady as a surprise drop in US crude stockpiles offset a smaller-than-expected cut to Russian supplies, while investors closely watched developm…
Oil Price
Oil Falls as SVB Collapse Rocks Financial Markets
Oil prices fell more than $1, extending the previous day's slide, as the collapse of Silicon Valley Bank rattled equities markets and sparked fear about a f…
Oil & Gas Trade
Oil Stays Firm on China Growth Hopes
Oil prices rose in Asian trade, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further US interest rat…
Oil Price
Oil Edges up on Hope of China Demand Revival
Oil prices edged up, after Brent crude posted its biggest single-day loss in seven weeks the day before, as market players reassessed prospects for supply and d…
Oil Price
Oil Prices Rise Over 2% On Russian Plan to Cut Output
Doha: Oil prices rose more than 2 percent on Friday as Russia announced plans to reduce oil production next month after the West imposed price caps on the count…
Oil & Gas Trade
Oil Rises, Poised To End Week Higher Despite Economy Concerns
Dec 15 (Reuters) - Oil prices rose in early Asian trade on Friday after falling 2% in the previous session on central bank interest rates hikes, and is poised t…
Crude Oil
Brent Crude Slides Below $85 a Barrel as Dollar Surges
Brent crude fell below $85 a barrel Monday, as recession fears weighed and the U.S. dollar surged.
Crude Oil
Brent Crude Down Almost 6% but Still Above US$100 a Barrel
Brent crude was off almost 6% but remained above US$100 barrel with a potential cessation to violence in Ukraine helping quell sentiment-driven panic price rise…
Crude Oil
Global Crude Oil Prices Extend Losses Ahead of Fed Meeting
Brent crude futures were last down by $3.05 or 2.7% at $109.62 a barrel at 0351 GMT on Monday.
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