Last Updated: Wednesday, June 11, 2014, 15:50
OPEC has reached a "consensus" to maintain its oil output ceiling, Venezuela`s energy minister said Wednesday, as the cartel`s members met to formally agree the no-change decision.
Last Updated: Thursday, June 05, 2014, 11:00
US benchmark, West Texas Intermediate for delivery in July, eased 20 cents to USD 102.44 a barrel.
Last Updated: Friday, May 30, 2014, 10:04
US benchmark, West Texas Intermediate (WTI) for delivery in July, was down 21 cents to USD 103.37 a barrel after rallying 86 cents in Yew York Thursday.
Last Updated: Tuesday, May 27, 2014, 11:34
Oil prices rose in Asian trade on Monday on concerns over a dramatic escalation in the Ukraine crisis that could potentially cause a disruption in gas supply and send energy prices soaring
Last Updated: Monday, March 24, 2014, 13:16
New York's main contract, West Texas Intermediate for May delivery, eased 19 cents to USD 99.27 a barrel in mid-morning trade, and Brent crude for May dipped 18 cents to USD 106.74.
Last Updated: Tuesday, March 11, 2014, 11:56
Oil rebounded in Asian trade Tuesday but analysts said prices remained weighed down by weaker-than-expected Chinese trade data, analysts said.
Last Updated: Wednesday, November 06, 2013, 09:34
Crude oil prices struck a four-month low on Wednesday on fears of a growing stockpiles glut in top consumer the United States, and as dealers also eyed the rebounding dollar.
Last Updated: Thursday, October 31, 2013, 18:39
Oil marketing companies on Thursday decided to cut petrol prices by Rs 1.15 per litre with effect from midnight.
Last Updated: Wednesday, September 25, 2013, 14:07
Dealers are also eyeing a possible thawing of ties between the US and oil producer Iran.
Last Updated: Friday, September 06, 2013, 09:26
Oil prices inched higher in Asian trade on Friday ahead of the release of US jobs figures and on concerns about a possible US-led strike on Syria, analysts said.
Last Updated: Wednesday, September 04, 2013, 12:14
Oil for September delivery moved down by Rs 132, or 1.76 percent to Rs 7,375 per barrel in a turnover of 12,442 lots.
Last Updated: Tuesday, September 03, 2013, 09:41
Oil prices eased in Asian trade today on receding fears of an immediate US intervention in Syria but upbeat global economic data capped losses, analysts said.
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