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Oil prices drift lower in Asia

Oil prices drift lower in Asia

Last Updated: Monday, July 28, 2014, 13:04

Investors are also looking to a US Federal Reserve policy meeting this week for a snapshot on the state of the world`s number one economy.

Oil prices up in Asian trade

Last Updated: Thursday, July 24, 2014, 11:22

The US Energy Information Administration said inventories fell four million barrels in the week ending July 18.

Oil prices up in Asian trade

Last Updated: Tuesday, July 22, 2014, 10:00

US benchmark West Texas Intermediate (WTI) for August delivery was up 54 cents at $105.13 at midday.

Oil prices down in Asian trade

Last Updated: Monday, July 21, 2014, 08:50

Tensions in the Middle East are also expected to put keep oil prices high.

Oil prices up on US demand hopes

Last Updated: Thursday, July 17, 2014, 08:54

WTI surged $1.25 in New York Wednesday after the US Energy Information Administration (EIA) said reserves fell 7.5 million barrels in the week to July 11. 

Oil prices up in Asian trade

Last Updated: Wednesday, July 16, 2014, 09:12

A decline in inventories typically indicates strong demand, sending prices higher.

Asian shares nudge higher, oil nurses losses

Last Updated: Monday, July 14, 2014, 08:44

Brent crude oil was a cent firmer at $106.67 a barrel and just off a three month-trough of $106.27. U.S. crude added 2 cents to $100.85 per barrel.

Oil prices plunge as Libyan supplies ramp up

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.

Iraq crisis led to rupee depreciation: Govt

Last Updated: Tuesday, July 08, 2014, 16:32

The hardening of international oil prices and market expectations on the same could be the main reason that led to the depreciation of the rupee.

India still worried about rising crude prices: Jaitley

Last Updated: Friday, July 04, 2014, 12:15

India is worried about the impact of Iraq crisis on crude oil, though there were indications of moderation in prices in the last few days, Finance Minister Arun Jaitley said on Friday.

Oil extends losses on return of Libyan supplies

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.

Oil prices dip on profit taking, Iraq

Last Updated: Wednesday, July 02, 2014, 02:55

World oil prices slipped Tuesday on profit taking and marginally easing concerns about the Iraq crisis, while in the US a storm sparked fears about lower gasoline demand.