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oil prices

Commodity Capsule: Oil prices fell sharply on Monday

Commodity Capsule: Oil prices fell sharply on Monday

Mon, Oct 28, 2024

Oil prices fell sharply on Monday, to four week low, weighed by easing fears of a Middle East war after an Israeli strike against Iran, over the weekend

Brent crude fell by about 2.5%

Brent crude fell by about 2.5%

Tue, Oct 01, 2024

Brent crude slipped below $70, Brent crude fell by about 2.5%

Bad condition of Brent crude, till when will the prices of crude fall?

Bad condition of Brent crude, till when will the prices of crude fall?

Fri, Sep 27, 2024

Saudi attack on Brent Crude. Bad condition of Brent Crude! How long will the prices of Crude fall? When will there be stagnation in crude oil? And will crude oil slide? Know complete details in this video.

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Eurozone inflation jumps to 1.1% in December, highest since 2013

Eurozone inflation jumps to 1.1% in December, highest since 2013

Wed, Jan 04, 2017

Inflation in the eurozone jumped to 1.1% in December, the highest level for more than three years, boosted by rising oil prices, official European Union (EU) figures showed on Wednesday.

Oil prices edge up on expectations of tightening supplies

Oil prices edge up on expectations of tightening supplies

Wed, Jan 04, 2017

International Brent crude futures were up 32 cents, or 0.6%, at $55.79 a barrel.

Oil prices rise as markets eye OPEC, non-OPEC production cuts

Oil prices rise as markets eye OPEC, non-OPEC production cuts

Tue, Jan 03, 2017

International Brent crude oil was yet to trade after closing up 68 cents at $56.82 per barrel on Friday.

Oil prices edge up despite unexpected U.S. crude inventory build

Oil prices edge up despite unexpected U.S. crude inventory build

Fri, Dec 30, 2016

Oil prices rose in early Asian trade on Friday shrugging off a second consecutive week of U.S. crude oil inventory builds, with a U.S. Energy Information Administration (EIA) report late on Thursday indicating an unexpected rise in crude stocks.

Oil prices fall on surprise build in U.S. crude stocks

Oil prices fall on surprise build in U.S. crude stocks

Thu, Dec 29, 2016

U.S. oil prices fell on Thursday following a surprise build in the country`s crude stocks shown in data published by the American Petroleum Institute (API) late on Wednesday.

Oil prices up in quiet session as year-end approaches

Oil prices up in quiet session as year-end approaches

Fri, Dec 23, 2016

Oil prices rose in subdued trading on Thursday, supported by strong U.S. economic data and optimism that crude producers would abide by an agreement to limit output.

Oil prices rise in anticipation of tighter 2017 market

Oil prices rise in anticipation of tighter 2017 market

Mon, Dec 19, 2016

Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.

Global cues, oil prices to dictate market trend this week: Experts

Global cues, oil prices to dictate market trend this week: Experts

Sun, Dec 18, 2016

Trend in global markets and crude oil prices are expected to set the market trend in the week, while a bit of recovery is likely on the back of attractive valuations, say experts.

FPI bearish stance continues; net outflow at Rs 19,500 crore

FPI bearish stance continues; net outflow at Rs 19,500 crore

Sun, Dec 18, 2016

Foreign investors have pulled out more than Rs 19,500 crore from the capital market this month so far amid rate hike by the US Federal Reserve and higher oil prices.

Oil prices edge up as Kuwait cuts supplies by more than expected

Oil prices edge up as Kuwait cuts supplies by more than expected

Fri, Dec 16, 2016

Oil prices edged up on Friday after market sources said Kuwait had told customers it was cutting supplies by more than initially expected from January as part of a coordinated effort by oil producers to drain a global glut.

Oil prices fall after Fed hike, but tighter market looms

Oil prices fall after Fed hike, but tighter market looms

Thu, Dec 15, 2016

Oil prices dropped on Thursday as a hike in U.S. interest rates drove money away from commodities and into U.S. bonds and the dollar, but a tighter fuel market looms in 2017 due to planned production cuts led by OPEC and Russia.

Qatar to cut oil production from January month

Qatar to cut oil production from January month

Tue, Dec 13, 2016

State-owned Qatar Petroleum, one of the largest oil companies in the world, announced today that it will reduce production levels from the beginning of next year.

Oil jumps to highest since mid-2015, Fed hike on horizon

Oil jumps to highest since mid-2015, Fed hike on horizon

Tue, Dec 13, 2016

Oil prices surged to an 18-month high on Monday after the world`s top crude producers agreed to the first joint output cut since 2001, sparking concerns about inflation, which pushed up U.S. Treasury yields to a more than two-year peak.

OPEC, non-OPEC agree first global oil pact since 2001

OPEC, non-OPEC agree first global oil pact since 2001

Sun, Dec 11, 2016

OPEC and non-OPEC producers on Saturday reached their first deal since 2001 to curtail oil output jointly and ease a global glut after more than two years of low prices that overstretched many budgets and spurred unrest in some countries.

Oil extends gains on hopes for non-OPEC output cuts

Oil extends gains on hopes for non-OPEC output cuts

Fri, Dec 09, 2016

Oil prices extended gains on Friday, buoyed by growing optimism that non-OPEC producers might agree to cut output following a cartel agreement to limit production.

Oil prices rise on U.S. crude stock decline, weaker dollar

Oil prices rise on U.S. crude stock decline, weaker dollar

Thu, Dec 08, 2016

"Oil prices are being supported by a raft of factors including underlying strength in the U.S. economy shown in better than expected factory and nonfarm payroll data and Chinese regulators` attempts to cut excess supply in steel and other industries," said Michael McCarthy, chief market strategist at Sydney`s CMC Markets.

IMF releases another $618 million loan installment for Iraq

IMF releases another $618 million loan installment for Iraq

Tue, Dec 06, 2016

The IMF on Monday announced the release of the second installment of a loan for Iraq, despite continued financial difficulties with low oil prices and the fight against the Islamic State group.

A dollar increase in crude oil price raises India’s import bill by $500 million

A dollar increase in crude oil price raises India’s import bill by $500 million

Fri, Dec 02, 2016

Speculating a further increase in global crude oil prices, analysts said that every dollar increase in the price of crude oil will make India’s import bill rise by nearly half a billion dollars ($500 million).

OPEC reduces crude production, prices surge

OPEC reduces crude production, prices surge

Thu, Dec 01, 2016

The Organization of the Petroleum Exporting Countries (OPEC) agreed on Wednesday to reduce their production of crude oil to 32.5 million barrels per day, which lead to a surge in oil pricing, media reports said.

Oil markets jittery ahead of OPEC meeting later in day

Oil markets jittery ahead of OPEC meeting later in day

Wed, Nov 30, 2016

Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.

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