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Oil falls to nearly 6-month lows after surprise US crude, gasoline stockpiles

Oil falls to nearly 6-month lows after surprise US crude, gasoline stockpiles

Thu, Aug 04, 2022

Brent crude futures settled down $3.76, or 3.7%, at $96.78 a barrel.

U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions

U.S. crude ends below $95/bbl as EU tweaks Russian oil sanctions

Sat, Jul 23, 2022

WTI closed lower for the third straight week, pummelled over the past two sessions after data showed that U.S. gasoline demand had dropped nearly 8% from a year earlier in the midst of the peak summer driving season, hit by record prices at the pump.

Oil prices extend drop as recession fears cloud global demand outlook

Oil prices extend drop as recession fears cloud global demand outlook

Thu, Jul 07, 2022

Oil prices slipped in early Asian trade on Thursday, after hitting a nearly three-month low during the previous session, as fears of a potential global recession spurred concerns about oil demand.

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Oil slips to $92 ahead of US-Iran talks, lowest in 7 years

Oil slips to $92 ahead of US-Iran talks, lowest in 7 years

Tue, Feb 08, 2022

Oil slid to nearly $92 per barrel on Tuesday ahead of the resumption of indirect talks between the United States and Iran.

Oil at new multi-year highs, Asian shares fall

Oil at new multi-year highs, Asian shares fall

Wed, Oct 06, 2021

The gains in oil are driven by concerns about energy supply, and come two days after the OPEC+ group of producers stuck to its planned output increase rather than raising it further.

Oil futures pare gains after U.S. inventories surge most on record

Oil futures pare gains after U.S. inventories surge most on record

Thu, Apr 09, 2020

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts

Petrol, diesel prices down in India despite global crude touching 2-week high

Petrol, diesel prices down in India despite global crude touching 2-week high

Fri, Feb 23, 2018

State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8.

Petrol, Diesel price down gradually in India, as crude oil tumbles

Petrol, Diesel price down gradually in India, as crude oil tumbles

Tue, Feb 13, 2018

Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre.

Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Petrol, diesel prices reverse trend in India, record fifth-consecutive decline

Mon, Feb 12, 2018

Price rise in fuel product has been since start of 2018, despite FM Arun Jaitley trimming down excise duty on various products, especially fuel products, during FY19 Budget.

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Thu, Jan 25, 2018

The Organization of the Petroleum Exporting Countries and allies including Russia began to curb supplies in 2017.

Global Markets: Bumper year for stocks and commodities, downer for the dollar

Global Markets: Bumper year for stocks and commodities, downer for the dollar

Fri, Dec 29, 2017

Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from taking away the monetary punch bowl.

Oil soars, US crude hits $60/bbl for first time since mid-2015

Oil soars, US crude hits $60/bbl for first time since mid-2015

Wed, Dec 27, 2017

Brent crude, the international benchmark for oil prices, settled at $67.02 a barrel, up by $1.77, or 2.71 percent. During the session, front-month prices touched a high of $67.10 a barrel, their highest since mid-May 2015.

Global markets: Asian shares droop, yen gains as Korean tensions rise

Global markets: Asian shares droop, yen gains as Korean tensions rise

Tue, Sep 26, 2017

North Korea`s foreign minister said on Monday that a weekend tweet by President Donald Trump counted as a declaration of war on North Korea and that Pyongyang reserved the right to take countermeasures, including shooting down U.S. bombers even if they are not in its air space.

Dollar, Treasury yields jump on Fed jolt as Trump speech looms

Dollar, Treasury yields jump on Fed jolt as Trump speech looms

Wed, Mar 01, 2017

US 10-year Treasury yields also climbed to 2.4203 on Wednesday.

In mammoth task, BP sends almost 3 million barrels of US oil to Asia

In mammoth task, BP sends almost 3 million barrels of US oil to Asia

Wed, Dec 07, 2016

Oil major BP is shipping almost 3 million barrels of US crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.

Oil dips back below $50 on economic worries

Oil dips back below $50 on economic worries

Tue, Jul 05, 2016

"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industrial demand growth trends," Barclays said in a report.

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