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Oil prices rise on jobs report, low Libya output

Last Updated: Saturday, April 05, 2014, 02:29

Oil prices advanced Friday due to a solid US jobs report and continued doubt about the prospects for a full recovery of Libyan exports.

Brent oil strikes five-month low

Last Updated: Thursday, April 03, 2014, 03:50

Brent North Sea crude for May delivery fell as low as USD 103.95 in afternoon London deals. It later stood at USD 104.51 per barrel, down USD 1.11 from Tuesday.

US oil price slip in expectation of crude stocks rise

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.

Mechanism to monitor gas pricing in AAP`s economic agenda

Last Updated: Monday, March 24, 2014, 22:06

Better mechanism to monitor oil and gas pricing in the country and effective implementation of Jan Lokpal are going to be some of the main issues in AAP`s economic agenda, according to sources.

Oil prices mixed as Ukraine fears recede

Last Updated: Wednesday, March 05, 2014, 10:27

European benchmark Brent tumbled USD 1.90 in London.

Oil prices rise over prolonged US cold weather

Last Updated: Wednesday, February 19, 2014, 10:13

Light, sweet crude for March delivery rose USD 2.13 to settle at USD 102.43 a barrel on the New York Mercantile Exchange, while Brent crude for April delivery gained USD 1.38 to close at USD 110.46 a barrel.

Oil prices down in Asian trade

Last Updated: Friday, January 17, 2014, 09:18

World oil prices eased in Asian trade today owing to supply concerns as non-OPEC members such as the United States ramp up production.

Oil prices mixed in Asian trade

Last Updated: Thursday, January 16, 2014, 11:06

Oil prices were mixed in Asian trading hours on Thursday but analysts said sentiment will continue to be boosted by expectations of higher world economic growth.

Brent slips towards $106 as supply outlook brightens

Last Updated: Tuesday, January 14, 2014, 09:30

Brent crude edged down towards $106 a barrel on Tuesday as Libyan supply picked up and as the restart of Iranian oil shipments appeared to get closer.

Oil prices down in Asian trade

Last Updated: Monday, January 13, 2014, 11:14

New York's main contract, West Texas Intermediate for February delivery eased 29 cents to USD 92.43 while Brent North Sea crude for February dipped 12 cents to USD 107.13.

Oil price hits 8-month low on generous supplies

Last Updated: Friday, January 10, 2014, 03:33

New York`s main contract West Texas Intermediate for February delivery shed 67 cents to USD 91.66 per barrel, a level last seen on May 1.

Oil prices gain on US economic optimism after Fed move

Last Updated: Friday, December 20, 2013, 02:58

Oil prices rose Thursday as investors concluded that the Federal Reserve`s move to trim stimulus was a sign of the improving US economy.