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Oil falls below $114 but Iraq conflict curbs losses

Last Updated: Wednesday, June 25, 2014, 14:32

Brent crude slipped below $114 a barrel on Wednesday as the risk of supply disruption in Iraq appeared to recede and after a rise in U.S. inventories pointed to ample stockpiles for the world`s biggest oil consumer.

Brent near 9-month high above $115 on Iraq tensions

Last Updated: Monday, June 23, 2014, 11:05

Brent crude rose above USD 115 a barrel on Monday, holding near a nine-month high amid concerns of possible disruptions to supply from Iraq where Sunni insurgents seized control of more towns over the weekend.

Brent slips near $108 as China, higher oil supply weigh

Last Updated: Thursday, May 01, 2014, 13:22

June Brent crude fell 2 cents to USD 108.05 a barrel by 0642 GMT, following a 0.8 percent drop in the previous session to settle at its lowest close since April 11.

Oil prices fall after Russia downgrade

Last Updated: Friday, April 25, 2014, 18:25

Oil prices retreated Friday as traders booked profits in reaction to increased worries over Russia's faltering economy in response to its crisis situation with Ukraine, analysts said.

Oil prices rebound in Asian trade

Last Updated: Thursday, April 24, 2014, 11:53

Oil prices rebounded in Asian trade Thursday as heightened tensions in Ukraine overshadowed data showing US commercial crude inventories reaching an all-time high.

Oil prices rise ahead of US stockpiles report

Last Updated: Wednesday, April 23, 2014, 09:24

Oil prices inched higher in Asian trade Wednesday on hopes that a key US stockpiles report would beat bearish forecasts, easing concerns about tepid demand in the world`s top crude consumer.

Oil prices ease in Asian trade

Last Updated: Tuesday, April 22, 2014, 11:29

Oil prices dipped in Asian trade Tuesday, but the losses were limited by lingering concerns about the crisis in Ukraine, analysts said.

Crude oil futures firm up on overseas cues

Last Updated: Wednesday, December 04, 2013, 13:13

Crude oil futures prices rose by 1.20 percent to Rs 6,086 per barrel Wednesday as speculators created fresh positions amid a firm trend in Asia.

Oil prices mixed, eyes on US budget stand-off

Last Updated: Tuesday, October 08, 2013, 11:41

Crude prices were mixed in Asia Tuesday as the political paralysis in Washington over the US budget shows no sign of ending, fuelling concerns it could lead to a US debt default.

Oil prices slip on fears of protracted US shutdown

Last Updated: Thursday, October 03, 2013, 12:34

New York's main contract, West Texas Intermediate (WTI) for delivery in November, fell 41 cents to USD 103.69 in mid-morning trade, while Brent North Sea crude for November eased 27 cents to USD 108.92.

Oil prices tumble on concerns over US budget impasse

Last Updated: Monday, September 30, 2013, 11:06

Oil prices tumbled in Asian trade Monday as a budget impasse in the United States threatens to shut down parts of the economy, analysts said.

Oil prices down as US, Russia break deadlock on Syria

Last Updated: Friday, September 27, 2013, 10:22

Oil prices eased in Asian trade Friday after the United States and Russia agreed a draft UN Security Council resolution on destroying Syria's chemical arms, analysts said.