WTI

Brent oil hits $71 for 1st time since 2014 as dollar drops, US stocks decline

Brent oil hits $71 for 1st time since 2014 as dollar drops, US stocks decline

Analysts said that rising oil prices would likely start to have an inflationary effect.

Jan 25, 2018, 11:26 AM IST
Bollywood actress Dia Mirza appointed Wildlife Trust of India's brand ambassador

Bollywood actress Dia Mirza appointed Wildlife Trust of India's brand ambassador

Using her celebrity status, the actress has been an ardent advocate for nature conservation in India to bring conservation issues before a wider, more mainstream audience. 

Jun 05, 2017, 13:58 PM IST
Oil prices rise as market expects extended production cut

Oil prices rise as market expects extended production cut

Oil prices rose on Wednesday, supported by confidence that an OPEC-led output cut aimed at tightening supply would be extended to all of 2017 and the first quarter of next year.

May 24, 2017, 12:12 PM IST
Oil prices firm on strong demand, political uncertainty in Syria

Oil prices firm on strong demand, political uncertainty in Syria

US West Texas Intermediate (WTI) crude futures were up 10 cents at $52.34 a barrel.

Apr 10, 2017, 10:19 AM IST
 Oil dips over doubts high OPEC compliance with agreed cuts will last

Oil dips over doubts high OPEC compliance with agreed cuts will last

Oil prices dipped on Wednesday over concerns that OPEC producers would not be able to maintain their high compliance so far with output cuts aimed at reining in a global fuel supply overhang.

Feb 15, 2017, 12:24 PM IST
Brent oil price hits highest level of $53.45 a barrel in a year

Brent oil price hits highest level of $53.45 a barrel in a year

Brent North Sea crude rose to $53.45 a barrel on Monday -- its highest price in a year after President Vladimir Putin indicated Russia was ready to join measures to limit global oil production.

Oct 10, 2016, 21:06 PM IST
Crude falls in International Market with 0.5% surge in WTI, Brent crude

Crude falls in International Market with 0.5% surge in WTI, Brent crude

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

Oct 06, 2016, 16:18 PM IST
Oil falls as Fed rate hike speculation sends dollar surging

Oil falls as Fed rate hike speculation sends dollar surging

Oil prices retreated from 2016 highs and snapped a two-day rally on Wednesday, hurt by a surge in the dollar after the US Federal Reserve signalled it could raise interest rates next month.

May 19, 2016, 12:49 PM IST

Oil rises, heads for third week of gains

Oil prices rose on Friday and were poised for a third week of gains as market sentiment turned more upbeat amid signs a persisting global supply glut may be easing

Apr 22, 2016, 23:12 PM IST

Oil prices extend fall with no end in sight for glut

Oil prices were pulled down in early trading on Thursday as OPEC warned of slowing demand and major exporter Russia hinted that there would only be a loose agreement with little commitments at the upcoming exporter meeting to rein in ballooning oversupply.

Apr 14, 2016, 07:18 AM IST

Crude oil futures fall on weak Asian cues

 Crude oil futures dropped by Rs 10 to Rs 2,623 per barrel today as speculators cut down their bets amid a weakening trend in Asian trade.

Mar 29, 2016, 11:06 AM IST

Oil above $41 as OPEC predicts `moderate` rebound

Oil prices dipped slightly in Asia Tuesday but stayed above $41 a barrel as OPEC raised hopes of a moderate rebound from a meeting of key producers in Qatar in April.

Mar 22, 2016, 10:34 AM IST
Oil prices dip amid doubts about producer meeting

Oil prices dip amid doubts about producer meeting

World oil prices dipped Thursday as doubts rose about whether key producers led by Russia and Saudi Arabia would meet this month to discuss crude output limits

Mar 11, 2016, 02:19 AM IST

Oil prices rally on big fall in US gasoline stockpiles

Oil prices rose sharply Wednesday as falling US gasoline inventories boosted the demand outlook in a global market awash in crude supplies

Mar 10, 2016, 02:41 AM IST
Oil rallies to three-month high; analysts warn of glut

Oil rallies to three-month high; analysts warn of glut

Brent crude hit a three-month high on Monday, extending gains that have lifted crude benchmarks by more than a third from this year`s lows on an improving global outlook and stronger sentiment for a market recovery

Mar 07, 2016, 18:39 PM IST
 Oil likely to recover to  $55 in 12 months: Report

Oil likely to recover to $55 in 12 months: Report

Oil prices are likely to recover after 11-year low to USD 55 per barrel from the current USD 34 in 12 months, following gains in the latter half of 2016, according to a report.

Mar 04, 2016, 15:30 PM IST
Oil prices rebound in Asia on bargain-hunting

Oil prices rebound in Asia on bargain-hunting

Oil rebounded in Asia today on bargain hunting following a sharp fall the day before as lingering concerns about the global crude supply glut continued to keep a lid on gains.

Oct 13, 2015, 10:27 AM IST

Crude oil sinks again amid global supply glut

Crude oil prices fell again Friday as the main US futures contract concluded its sixth straight week of losses, in a market awash with worry about the global oversupply.

Aug 08, 2015, 02:55 AM IST

Oil prices recover amid Greece, supply worries

In mid-afternoon Asian trade, US benchmark West Texas Intermediate for July was up 64 cents at $60.16 while Brent futures for August, a new contract, were up 35 cents at $64.30.

Jun 16, 2015, 13:47 PM IST

Oil prices fall on oversupply, but US crude supported by Gulf of Mexico storm

"Fundamental data indicates that the oil market is oversupplied by over 2 million barrels per day," the bank said. But it added that due to a recent rally in prices it had lifted its average 2015 Brent and WTI price forecasts to $60 and $55.10 per barrel respectively, up from $52.50 and $48.60 a barrel previously.

Jun 15, 2015, 12:44 PM IST