Crude oil price

Asian stocks near 2-year high on US optimism, euro steady

Asian stocks extended gains for a fifth consecutive day on Wednesday, as renewed optimism about the world`s biggest economy brightened the outlook for risky assets while the euro held on to previous gains as political concerns in France ebbed.

Apr 26, 2017, 11:51 AM IST

OPEC move to cut production may adversely affect India

Amit Kapoor and Sankalp Sharma/IANS

Dec 08, 2016, 13:08 PM IST
Oil falls back from $50, but Indian basket regains this level

Oil falls back from $50, but Indian basket regains this level

Oil fell back from $50 a barrel in early trade on Monday after Saudi Arabia hinted that the output freeze agreed upon by the OPEC cartel countries last month would be effected quite gradually.

Oct 10, 2016, 18:16 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 dives 2%, heads for weekly loss as US rigs rise

Oil prices fell 2 percent on Friday, with losses accelerating after the U.S. oil rig count rose for a fourth week in a row, putting crude on track for a weekly loss and dragging Brent to two-month lows.

Jul 23, 2016, 09:13 AM IST

Hike in crude prices after decline of US stocks

Hike in crude prices after the decline of US stocks. Watch this special segment and get to know more here.

Jul 20, 2016, 21:05 PM IST

Saudi prince unveils sweeping plans to end "addiction" to oil

The powerful young prince overseeing Saudi Arabia`s economy unveiled ambitious plans on Monday aimed at ending the kingdom`s "addiction" to oil and transforming it into a global investment power.

Apr 26, 2016, 09:02 AM IST

Asia's oil markets in upheaval as China, India change the game

Asia`s oil markets are being upended as India`s and China`s refiners overtake once-dominant buyers like Japan and challenge the United States as the world`s biggest consumer.

Feb 24, 2016, 11:24 AM IST

Oil slumps again; US crude at 2003 low

Without any particular market-moving news but a persistent global crude oil glut, the oil market slid again Thursday, dragging US crude to its lowest price in nearly 13 years.

Feb 12, 2016, 04:18 AM IST

Oil falls on China data, fading prospect of OPEC action

Oil fell on Monday as weak economic data from China, the world`s largest energy consumer, weighed on prices and an OPEC source played down talk of an emergency meeting to stem the decline.

Feb 01, 2016, 19:48 PM IST
Excise duty hiked on petrol by Re 1 per litre, on diesel by Rs 1.5

Excise duty hiked on petrol by Re 1 per litre, on diesel by Rs 1.5

The increase in excise duty will fetch the government over Rs 3,200 crore during the remainder period of the fiscal.

Jan 30, 2016, 20:28 PM IST
Gold jumps to 12-week high as equities and oil tumble

Gold jumps to 12-week high as equities and oil tumble

Gold rallied to its highest in nearly 12 weeks on Tuesday as a fresh rout in world stocks and a slide in oil prices battered appetite for risk, sending investors fleeing to alternative assets.

Jan 26, 2016, 19:45 PM IST
HSBC revises 2016 crude price down again, sees at $45 a barrel

HSBC revises 2016 crude price down again, sees at $45 a barrel

Even as many of its peers are betting crude as low as USD 10-20, British brokerage major HSBC sounded a tad optimistic but has pegged down the average Brent crude prices at USD 45 a barrel for 2016 from USD 60.

Jan 26, 2016, 18:57 PM IST
Falling oil price: boon for some, bust for others

Falling oil price: boon for some, bust for others

The plunge in oil prices is proving a boon for consumers and airlines, but is a bust for energy companies and producing nations, while complicating the jobs of central bankers worried about deflation.

Jan 26, 2016, 18:44 PM IST
Oil prices fall near 2003 lows on oversupply, demand worries

Oil prices fall near 2003 lows on oversupply, demand worries

Oil fell on Thursday, dipping back towards 12-year lows on persistent concerns about a supply overhang and the outlook for demand.

Jan 21, 2016, 18:46 PM IST
Oil dives to fresh 12-year low under $27

Oil dives to fresh 12-year low under $27

Oil plunged to fresh 12-year lows under US$27 on Wednesday (Jan 20), slammed by gloomy economic forecasts, China's slowdown and abundant crude supplies.

Jan 20, 2016, 23:48 PM IST
Oil plummets to $29 per barrel, dragging world stocks lower

Oil plummets to $29 per barrel, dragging world stocks lower

Oil prices plummeted to $29 a barrel on Friday on the impending resumption of Iranian oil exports into an already flooded market as international sanctions against the country are lifted, dragging equity indexes around the world sharply lower.

Jan 16, 2016, 12:32 PM IST
Asia shares hit 3-1/2-year lows as oil resumes fall

Asia shares hit 3-1/2-year lows as oil resumes fall

Asian stocks surrendered earlier gains to hit 3-1/2-year lows on Friday as renewed pressure on oil prices and disappointing Chinese data kept investors on edge.

Jan 15, 2016, 10:05 AM IST
Oil cheaper than water but why is petrol sold at Rs 60 per litre? Find our here

Oil cheaper than water but why is petrol sold at Rs 60 per litre? Find our here

It is well-known that bottled water is being sold at Rs 15 - 20 in the country. The crude oil that reached India on January 7 cost Rs 12.6 per litre.

Jan 13, 2016, 18:54 PM IST

Oil down again to 12-year low; $30 handle looks more likely

Brent settled down 48 cents at $33.75, after sliding to a low of $32.16, a level last seen in April 2004.

Jan 08, 2016, 09:17 AM IST