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Thursday, May 31, 2012

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Oil prices

Obama`s approval rating dips with rising gas prices

The approval rating of US President Barack Obama has dropped significantly with the increase in gaso...

Iran says oil could reach $120 to $150 per barrel

The EU announced an embargo on Iranian oil last week to pressure Tehran on its controversial nuclea...

Pak hikes oil prices, fueling anger

Several lawmakers walked out of the National Assembly.

Amid Egypt crisis, India worries over oil bill

India`s oil import bill will be a matter of concern if oil prices shoot up further, Finance Minister...

Deora meets PM on fuel prices, no decision taken

Petroleum Minister Murli Deora met Prime Minister Manmohan Singh on Wednesday evening to discuss rai...

Oil prices bounces above 83 dollars

The price of oil briefly struck a 15-month high close to USD 84 on Tuesday in the wake of positive C...

Oil prices rise before OPEC meet

Oil prices rose today as OPEC`s crude-producing nations signalled that they would decide against mak...

Oil prices up in Asian trade

Oil prices rose in Asian trade today as traders capitalised on a weakening US dollar, analysts said.

Oil prices perfect, inventories dropping: Saudi

Saudi Oil Minister Ali al-Naimi said on Saturday that the price of oil is "perfect" and that crude i...

Oil prices dip as inventories stay high

Oil prices dropped on Friday and were likely to stay under USD 80 because of high energy inventorie...

Oil falls in Asia after overnight gains

Oil fell slightly in Asian trade on Tuesday after overnight gains spurred by a weak dollar and hopes...

Shell profit down 73%, hit by falling oil prices

Royal Dutch Shell Plc (RDSa.L) said third quarter net profits fell 73 percent, hit by falling oil an...

Govt not to hike oil prices despite surge in global rates

The government is not considering revising petrol and diesel prices despite a sharp rise in oil rate...

Oil rises above USD 78, extends week-long rally

Oil prices continued a weeklong rally on Friday in Asia, jumping above USD 78 a barrel, after US g...

Oil weakens in Asian trade on profit-taking

Oil fell in Asian trade on Tuesday on profit-taking after overnight gains driven by hopes for improv...

Oil prices fall to near $71

Oil prices fell to near USD 71 a barrel on Friday in Asia, giving up part of the previous day`s big ...

Oil hangs near $70 in Asia after big tumble

Oil prices wallowed near USD 70 a barrel on Tuesday in Asia after falling steeply overnight amid new...

Oil falls below $72 in Asia amid weak demand

Oil prices fell below USD 72 a barrel Monday in Asia as high crude stockpiles and weak demand temper...

Oil holds above $72 on signs US economy improving

Oil prices held above USD 72 a barrel on Thursday in Asia amid signs the US economy, the world`s lar...

Oil prices fall amid strong supplies

Oil prices fell on today as traders banked profits following a week in which crude futures have won ...

Oil hovers near $68 ahead of US jobs report

Oil prices hovered near USD68 a barrel on Friday in Asia as investors looked to a U.S. unemployment ...

Oil rebounds in Asia after overnight declines

Oil rebounded modestly in Asian trade on Tuesday after overnight declines on new worries about the g...

Oil eases in Asia ahead of key US economic data

Oil fell in Asian trade on Monday as investors awaited more data due out this week that they hope wi...

Link domestic oil prices with international market: RBI

Pitching for linking domestic oil prices with the international market, the Reserve Bank on Tuesday...

Surprised by OilMin`s speed in defending RIL costs: ADAG

Anil Ambani group on Thursday said it was surprised at the haste shown by Oil Ministry in defending ...

Oil under $74 as Asia shares fall on recovery doubts

Oil fell below USD 74 a barrel on Tuesday, down for the first time in six days on softer Asian share...

Oil climbs to new 2009 high

Oil prices jumped today to a new high for the year after Federal Reserve Chairman Ben Bernanke said ...

Oil rises above $67 amid mixed economic signals

Oil prices rose above USD 67 a barrel Tuesday in Asia as investors looked for clues on the strength ...

Oil prices slide further in Asian trade

Crude prices slid further in Asian trade on Monday as markets reacted to falling consumer confiden...

Oil rises slightly to near $71 despite weak demand

Oil prices rose slightly to near USD 71 on Friday in Asia as investors brushed off bad US economic n...

Oil prices jump on economic recovery

Oil prices rallied on Thursday on increased signs of economic recovery in the United States and Eu...

Oil eases but holds above $70

Oil was down in Asian trade on Monday after the dollar strengthened on the back of better-than-expec...

Oil retreats in Asia, New York crude holds above $71

Oil pulled back in Asia on Friday as regional stock markets eased and investors awaited a US report ...

Oil pauses after rally, supply build up seen

Oil edged back on Wednesday from the previous day`s 3 percent gains, as worries about a rise in US c...

IEA official warns of shrinking oil supplies: Report

A disastrous energy crunch is looming because most of the major oil fields in the world have passed ...

Oil falls below USD 67 on US consumer confidence drop

Oil prices fell below USD 67 a barrel on Wednesday in Asia as a drop in US consumer confidence and r...

Oil Major BP ups cost cut target as profits dive

Oil giant BP Plc said it had increased its cost reduction targets for 2009 by 50 percent to USD 3 bi...

Oil eases in Asian trade

Oil prices eased in Asian trade on Monday after chalking gains in recent sessions on growing confide...

Oil higher in Asian trade

Oil rose in Asian trade on Monday with investor mood upbeat that the global economy was over the wor...

Oil prices rise over better housing data

The oil prices ended above USD 67 a barrel Thursday after data showed existing home sales jumped for...

Oil prices up in Asian trade

Oil prices were up in Asian trade on Tuesday on renewed hopes that the ailing global economy is on t...

Oil prices up in Asian trade on US housing data

Oil prices rose in Asian trade on Monday, lifted by positive US housing construction data that sugge...

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