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Oil prices mixed in Asian trade

Last Updated: Tuesday, July 02, 2013, 10:32

New York's main contract, West Texas Intermediate light sweet crude for delivery in August, was down 10 cents at USD 97.89 a barrel after surging in US trade, while Brent North Sea crude for August gained one cent to USD 103.01.

Oil extends losses in Asian trade

Last Updated: Monday, June 24, 2013, 09:47

Oil prices were lower in Asian trade Monday on the stronger US dollar and as investors await latest economic growth estimates from the United States, the world's top oil consumer, analysts said.

Oil prices tumble on Fed stimulus signal

Last Updated: Thursday, June 20, 2013, 17:24

Brent North Sea crude for August slid $1.90 to stand at $104.22 a barrel in London midday deals.

Oil prices up in Asia on Middle East concerns

Last Updated: Tuesday, June 18, 2013, 09:41

Oil prices rose in Asian trade Tuesday, fuelled by growing concern over the Syrian conflict and political unrest in Turkey, analysts said.

Oil prices up in Asia after upbeat US jobs data

Last Updated: Monday, June 10, 2013, 08:51

Oil prices rose in Asian trade Monday as moderate growth in new jobs in the United States raised hopes about a pick-up in demand in the world`s biggest crude consumer, analysts said.

OMCs stocks rise as crude oil price slumps

Last Updated: Monday, April 15, 2013, 19:23

Shares of oil marketing companies (OMCs) Monday gained as much as over 5 percent led by BPCL amid lower crude oil prices in overseas market.

Petrol prices likely to be slashed by Rs 2/ litre

Last Updated: Friday, September 28, 2012, 10:56

Oil marketing companies (OMCs) may decide to cut petrol prices by up to Rs 2 per litre in next 2-3 days due to falling international crude oil prices and a strengthening rupee.

Govt brings out advt to explain fuel price hike

Last Updated: Monday, September 17, 2012, 09:42

India imports 74 percent of crude oil at international rates and in the wake of increasing crude oil prices and fall in rupee the government had to increase the domestic prices.

High global crude oil prices a concern: IEA

Last Updated: Tuesday, September 04, 2012, 23:40

Brent crude futures rose for fourth day on Tuesday to above USD 116 per barrel.

Crude oil futures rise on firm global cues

Last Updated: Monday, August 27, 2012, 14:06

Crude oil prices rose by Rs 50 to Rs 5,404 per barrel in futures trade Monday as speculators created fresh positions, tracking a firm global trend.

Jet fuel prices hiked by 4.5%

Last Updated: Wednesday, August 01, 2012, 14:44

With firming of oil prices in the international market, jet fuel or ATF rates were Wednesday hiked by a steep 4.5 percent, the second increase in a month.

Opec crude oil production dips to 31.72mb/d in June

Last Updated: Thursday, July 12, 2012, 12:23

Crude oil production in Opec countries dipped by 30,000 barrels per day to 31.72 million b/d in June, according to a Platts survey.