Commodity News - Energy

Oil surges from five-year low

20 Dec 2014

West Texas Intermediate climbed 4.5 per cent in New York, the biggest gain since August 2012

Oil rebounds in volatile year-end trade

19 Dec 2014

Oil prices edged up in Asia today after falling sharply in the previous session, as analysts predicted increased volatility and no end in ...

Oil jumps 3% to $63

18 Dec 2014

US crude for January delivery, which expires after Friday's settlement, was up $1.83 at $58.30 a barrel

Brent drops below $60 as OPEC, Russia keep output steady amid glut

17 Dec 2014

US crude oil traded 20 cents higher at 56.13, after touching its lowest since May 2009 at $53.60 on Tuesday

Oil below $60 as OPEC, Russians keep pumping

17 Dec 2014

Brent crude oil traded below $60 a barrel on Wednesday, near 5-1/2 year lows

Oil prices sink further in Asian trade

17 Dec 2014

Oil suffered fresh losses in Asia today, sinking to new multi-year lows as dealers watch Russia's ruble crisis and await the latest US ...

Oil drops below $59 for first time since 2009

16 Dec 2014

A report showing Chinese industrial activity shrank for the first time in seven months in December added to concern about oil demand

Oil prices sink further in Asian trade

16 Dec 2014

Oil prices sank further to new multi-year lows in Asia today, with analysts weighing the possible political and economic fallout in ...

Crude oil down by 0.3% on weak Asian cues

15 Dec 2014

Crude oil futures fell by 0.32% to Rs 3,669 per barrel today as traders trimmed positions amid a weakening trend in Asian trade where it ...

Crude oil plunges by 2.6% on weak Asian cues

12 Dec 2014

Crude oil futures plunged 2.57% to Rs 3,718 per barrel today as participants indulged in offloading their positions amid a weakening trend ...

Oil prices struggle after WTI sinks below $60

12 Dec 2014

Oil prices sank further in Asia today, with analysts warning of little respite from the the selling after plunging more than 40% since

Oil resumes decline, falling toward $64, oversupply weighs

12 Dec 2014

Opec said on Wednesday demand for its crude in 2015 would fall to its lowest in more than a decade

Crude oil recover by 0.6% on Asian cues

11 Dec 2014

Crude oil futures recovered by 0.65% to Rs 3,876 per barrel today as speculators created positions on the back of rebound in Asian region.

Like China, India too must stock up on cheap crude

10 Dec 2014

India should plan for the expected pick-up in the economic cycle and use the current low prices to stock up for future demand

Crude oil down by 0.6% on weak Asian cues

10 Dec 2014

Crude oil futures today fell by Rs 25, or 0.63% to Rs 3,918 per barrel as speculators reduced their exposures, tracking a weak trend in ...

Brent hits five-year low below $66 on oversupply worries

09 Dec 2014

BEIJING (Reuters) - Benchmark Brent crude slipped again on Tuesday to its lowest in five years, dropping below $66 a barrel after plunging ...

Crude oil down by 1.2% on weak Asian cues

09 Dec 2014

Crude oil futures fell by 1.22% to Rs 3,885 per barrel today as speculators engaged in reducing their exposures amid a weakening trend in ...

Oil drops $2 to 5-year low on oversupply

09 Dec 2014

Brent falls more than $2 to lowest since October 2009

Crude oil poised to extend drop after hitting 5-year low

06 Dec 2014

West Texas Intermediate (WTI) and Brent crudes are poised to decline from the lowest closing levels in more than five years after shrugging ...

Crude oil fall 0.3% on global cues

05 Dec 2014

Crude oil futures declined by 0.34% to Rs 4,122 per barrel today in line with a weak trend in Asian trade.

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