Commodity News - Energy

Oil rises to $87 ahead of Fed statement

29 Oct 2014

The Fed is widely expected to end its two-year-old bond-buying stimulus programme

Oil prices up ahead of Fed outcome, supply report

29 Oct 2014

Oil prices rose in Asia today as dealers await the outcome of a US Federal Reserve meeting and the latest US supply report.

Coal imports likely to rise by 20% in FY16

28 Oct 2014

Far less so in money terms, as prices have been falling for quite a while and should keep doing so; delay in auction of operational blocks ...

Brent falls towards $85

28 Oct 2014

Brent crude oil extended its decline to a third day, dropping towards $85 a barrel on Tuesday, still under pressure from a Goldman Sachs ...

Oil extends losses over weak price outlook

28 Oct 2014

Oil moved lower in Asian trade today after Goldman Sachs slashed its price forecasts for the next two years owing to a global supply glut.

Oil drops below $85 after Goldman cuts forecasts

28 Oct 2014

Goldman Sachs' move makes it the most bearish of major financial institutions that have been cutting estimates in recent weeks

Crude oil outlook: Floor not too far from current levels

27 Oct 2014

Oil demand has been revised downwards by International Energy Agency (IEA) for 2014 by 200,000 barrels a day (b/d) as downward revisions ...

Oil resumes slide in Asian trade

24 Oct 2014

Oil prices resumed their slide in Asian trade today following a sharp rebound the day before as investors wait for more signs of economic ...

Oil prices dip in Asia after recent gains

22 Oct 2014

Oil prices slipped today after enjoying a recent upturn in line with a global equities rebound, while analysts said investors will now be ...

Brent extends gains above $85 as China demand rises

21 Oct 2014

Brent edged up on Tuesday, holding above $85 a barrel as robust China oil demand supported prices, although gains were capped by oversupply ...

Oil prices up on China industrial output data

21 Oct 2014

Oil prices rose in Asian trade today, buoyed by strong industrial production data from China, the world's top energy consuming nation, ...

Oil prices extend gains in Asia

20 Oct 2014

Oil prices rose in Asia today lifted by a surge in equities following last week's sharp gains on Wall Street, but analysts said prices ...

Oil rises above $87

18 Oct 2014

Brent crude oil futures rose more than $1 to above $87 a barrel on Friday as investors bought into a market they saw as oversold. US crude ...

Oil rises above $86 as investors say market oversold

17 Oct 2014

Brent for December rose $1.52 to a high of $87.34, before slipping back to around $86.25 a barrel

Oil rebound extends in Asia

17 Oct 2014

Oil prices extended a minor rally on bargain-buying today, a day after the US benchmark fell below $80 for the first time in more than two ...

Oil sinks to four-year low below $83 as economic worries mount

16 Oct 2014

Losses have accelerated in October on signals that the OPEC countries havE no plan to cut output

Crude oil plunges by 2.7% on Asian cues

16 Oct 2014

Crude oil futures tumbled 2.70% to Rs 4,976 per barrel today after speculators reduced exposures amid a subdued trend in Asian trade.

Oil prices resume downward spiral in Asia

16 Oct 2014

Oil prices resumed their downward spiral in Asian trade today following another massive sell-off in equities as traders grow increasingly ...

Indian crude oil basket at $87.46 a bbl as Brent cools to 4-year low

16 Oct 2014

The global declining trend has also brought down the price of crude oil that India imports, to $87.46 a barrel, and is set to reduce the ...

Oil prices see small rebound in Asia

15 Oct 2014

Oil staged a minor rebound on bargain-buying in Asian trade today following sharp falls that have seen prices hit multi-year lows owing to ...

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