Last Updated: Saturday, July 12, 2014, 14:38
Global oil prices dived on Friday on the prospect of Libyan oil production ramping up after rebels lifted blockades on shipping terminals.
Last Updated: Thursday, July 03, 2014, 09:43
Oil extended losses in Asia Thursday on prospects that Libya will begin exporting more crude into a global market flush with supplies, while easing concerns about the Iraqi crisis also weighed on prices.
Last Updated: Monday, June 30, 2014, 12:28
Crude oil futures prices Monday eased by 0.13 per cent to Rs 6,356 per barrel, as speculators trimmed positions amidst a weak trend in the Asian trade.
Last Updated: Monday, June 23, 2014, 14:15
With its heavy reliance on imported oil from Iraq making it vulnerable to the conflict there, the new government is concerned over the impact spurt in oil prices may have on its plans to resuscitate the economy.
Last Updated: Friday, May 30, 2014, 04:29
US oil prices jumped Thursday on fresh US stockpiles data while in London crude prices were only slightly higher.
Last Updated: Tuesday, May 27, 2014, 10:46
Oil prices were mixed in Asian trade today, taking a breather after surging on strong US economic data, analysts said.
Last Updated: Friday, May 09, 2014, 09:49
Oil prices edged higher in Asian trade Friday on escalating fears of a full-blown armed conflict in Ukraine as pro-Moscow rebels press on with disputed independence referendums.
Last Updated: Friday, April 11, 2014, 11:33
Oil prices extended losses in Asian trade Friday as data showing a slowdown in China`s giant economy sparked concerns about weak demand.
Last Updated: Wednesday, April 02, 2014, 10:41
New York`s West Texas Intermediate (WTI) for May delivery rose three cents to USD 99.77 a barrel in late-morning trade and Brent North Sea crude for May was up four cents at USD 105.66.
Last Updated: Wednesday, March 26, 2014, 03:26
US oil prices slipped Tuesday as traders anticipated a gain on stockpiles in the United States in the government`s weekly crude inventory report, but prices were slightly higher in London.
Last Updated: Friday, March 21, 2014, 11:38
New York's main contract, West Texas Intermediate for May delivery, tumbled 33 cents to USD 98.57 a barrel and Brent crude dipped 18 cents to USD 106.27.
Last Updated: Wednesday, March 12, 2014, 11:00
Brent futures fell towards USD 108 a barrel on Wednesday as demand growth concerns at the world`s two biggest oil consumers overshadowed fears of supply disruption with geopolitical tensions over Ukraine worsening.
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