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Brent crude price News

International oil prices

17 May 2018

Oil hits highest since Nov 2014 as Brent edges closer to $80

They earlier touched their highest in more than 3-1/2 years at $79.49 a barrel.

Brent crude oil

11 Apr 2018

Brent crude oil prices near 4-year high on rising Middle East tensions

Brent crude futures rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close. Brent surged more than 3 percent on Tuesday to hit its highest level since late 2014, at $71.34 a barrel.

12 Aug 2016

Price of brent crude crosses 46$ / barrel

13 Dec 2015

IOC to invest Rs 1.75 lakhs crore in expansion projects

IOC, India's largest oil firm, will invest Rs 1.75 lakh crore over the next seven years on expanding refinery capacity, building petrochemical plants and laying pipelines, a company official said.

19 May 2015

Oil prices mixed in Asian trade

Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.

06 Jan 2015

Brent falls more, Saudi Arabian king speaks

Brent crude fell close to $51 a barrel, its lowest since 2009, with cuts to Saudi Arabia`s official selling prices to Europe this week adding more pressure to the 55 percent price rout since June.

12 Dec 2014

Oil hits 5-1/2 year low of $63 per barel on supply glut, demand woes

Brent crude continued its march downwards on Friday, dropping to a 5-1/2-year low of $63 a barrel for a weekly loss of more than 8 percent, amid persistent concerns over a global supply glut and a bearish demand outlook.

18 Sep 2014

Oil prices down on US stockpiles surge, OPEC reports

Crude prices fell in Asia Thursday following an unexpected surge in US stockpiles and reports that the OPEC oil cartel is unlikely to slash production when it meets in November.

20 Aug 2014

Brent holds near 14-month low on plentiful supply

Brent crude futures steadied near 14-month lows above $101 a barrel on Wednesday, with ample supplies putting prices at risk of further losses as worries over geopolitical tensions ease.

19 Aug 2014

Brent falls to 14-month low on improving global supply

Brent crude prices fell to a 14-month low on Tuesday, giving up early gains as recovering Libyan output, sustained Iraqi production and weak demand offset concerns about threats to supply.

24 Jun 2014

Oil refiners gain as Brent slips below $114

India's oil retailers surge after Brent crude falls below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at OPEC's No. 2 producer.

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