Oil prices

Oil prices slip as analysts warn of correction after 13% gain in the past month

Oil prices slip as analysts warn of correction after 13% gain in the past month

Brent crude futures were at $69.07 a barrel at 0441 GMT, down from a high of $69.37 earlier in the day and 18 cents below their last close.

Jan 17, 2018, 12:36 PM IST
Oil prices near three-year highs, supported by healthy demand

Oil prices near three-year highs, supported by healthy demand

Prices have been driven up by production curbs in OPEC nations and Russia, as well by strong demand thanks to healthy economic growth.

Jan 16, 2018, 12:45 PM IST
Oil hits highest since mid-2015, then dips

Oil hits highest since mid-2015, then dips

It was the first time since January 2014 that the two crude oil benchmarks opened the year above $60 per barrel, buoyed by large anti-government rallies in Iran and ongoing supply cuts led by OPEC and Russia.

Jan 03, 2018, 00:04 AM IST
Oil tops $65, first time since 2015, on UK pipeline outage

Oil tops $65, first time since 2015, on UK pipeline outage

Oil also gained support from expectations the latest reports on US inventories will show a further tightening of supplies.

Dec 12, 2017, 16:24 PM IST
Sensex falls 228 points, ends below 33,300-mark

Sensex falls 228 points, ends below 33,300-mark

The broader Nifty too settled below the key 10,300-level, down 82.10 points, or 0.80 percent, at 10,240.15.

Dec 12, 2017, 15:45 PM IST
Oil bounces back from losses prompted by US fuel stocks

Oil bounces back from losses prompted by US fuel stocks

Data from the Energy Information Administration (EIA) on Wednesday showed that US crude oil inventories fell by 5.6 million barrels in the week to December 1, to 448.1 million barrels, putting stocks below seasonal levels in 2015 and 2016.

Dec 07, 2017, 21:26 PM IST
US trade gap widens in October on record imports

US trade gap widens in October on record imports

The trade deficit for the month was pushed by rising oil prices, as well as record imports from China ahead of the holiday shopping season, the Commerce Department said in its monthly report.

Dec 05, 2017, 19:51 PM IST
Oil steadies above $62 per barrel, expected fall in US inventory supports

Oil steadies above $62 per barrel, expected fall in US inventory supports

An OPEC-led producer group last week extended a supply-cutting deal through 2018, but the resulting support for prices could bolster US output which climbed to nearly 9.5 million barrels per day in September.

Dec 05, 2017, 16:43 PM IST
Lucky 13? Global stocks score longest run of monthly gains on record

Lucky 13? Global stocks score longest run of monthly gains on record

The world’s broadest equity gauge – the MSCI all-country index – was on course to finish November with its 13th straight monthly gain – the longest such winning streak in the index’s 30-year history.

Nov 30, 2017, 15:58 PM IST
Oil falls on uncertainty over OPEC deal, rise in US inventories

Oil falls on uncertainty over OPEC deal, rise in US inventories

Brent crude futures were down 34 cents on the day at $63.27 a barrel, while US light crude fell 31 cents to $57.68 a barrel.

Nov 29, 2017, 16:34 PM IST
Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

US crude touched $59.05 a barrel on last week, the highest level since mid-2015.

Nov 28, 2017, 13:53 PM IST
US oil dips on increased drilling, but OPEC cuts support global markets

US oil dips on increased drilling, but OPEC cuts support global markets

US crude production has risen by 15 percent since mid-2016 to 9.66 million barrels per day, not far from top producers Russia and Saudi Arabia, and increasing drilling activity for new production means output is expected to grow further.

Nov 27, 2017, 10:32 AM IST
Nifty gains for 5th staright day on bouts of value buying

Nifty gains for 5th staright day on bouts of value buying

Selling in pharma, metal and private bank stocks capped the gains as investors turned cautious on expectations of likely continuity in Fed rate hike and rising oil prices.

Nov 22, 2017, 18:50 PM IST
US crude extends rally to $58 per barrel, first time since 2015

US crude extends rally to $58 per barrel, first time since 2015

Brent crude, the global benchmark, was up 57 cents at USD 63.14.

Nov 22, 2017, 18:35 PM IST
Oil eases as traders, investors grow edgy ahead of OPEC

Oil eases as traders, investors grow edgy ahead of OPEC

 Oil has been under pressure for the last two weeks since peaking in early November.

Nov 21, 2017, 09:43 AM IST
Oil prices fall for fourth day after US crude stocks rise

Oil prices fall for fourth day after US crude stocks rise

Prices remained under pressure from this week's International Energy Agency (IEA) outlook for slower growth in global crude demand.

Nov 16, 2017, 00:07 AM IST
Oil steady near two-year highs, US supply increase caps rise

Oil steady near two-year highs, US supply increase caps rise

Middle East tensions have supported the market, despite concerns that output could rise further.

Nov 13, 2017, 23:27 PM IST
Gold price retreats after safe haven appeal hit by strong dollar

Gold price retreats after safe haven appeal hit by strong dollar

Gold prices fell 0.5 percent on Tuesday, retreating a bit from the previous day's rally as a stronger US dollar reduced the appeal of safe-haven investments, and oil prices also dipped.

Nov 08, 2017, 14:05 PM IST
Oil dips on falling Chinese crude imports; overall market still well supported

Oil dips on falling Chinese crude imports; overall market still well supported

China's October oil imports fell sharply from a near record-high of about 9 million barrels per day in September to just 7.3 million barrels per day in October, data from the General Administration of Customs showed on Wednesday.

Nov 08, 2017, 10:54 AM IST
Petrol, diesel prices to cost more as crude oil hits 28-month high

Petrol, diesel prices to cost more as crude oil hits 28-month high

Globally, oil prices rose 3.5 percent on Monday, hitting the highest since early July 2015, as Saudi Arabia's crown prince cemented his power with an anti-corruption crackdown, while the US rig count fell and markets continued to tighten.

 

Nov 07, 2017, 12:07 PM IST