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Page 2 - Oil Price Falls

Oil prices may have sunk but the energy market fallout has only just begun

The main beneficiaries are likely to be the main consuming countries such as India and China, but even there oil companies will be affected.

Oil prices may have sunk but the energy market fallout has only just begun
Updated On : 11 Mar 2020 | 8:02 AM IST

Oil price plunges over record US crude production and other factors

Brent crude futures fell 21 cents to $71.86 a barrel by 1249 GMT, having touched a session high of $73.08, while US crude futures fell 8 cents to $61.59

Oil price plunges over record US crude production and other factors
Updated On : 08 Nov 2018 | 8:45 PM IST

Oil prices plummet for 4th consecutive week over weak equity markets

Brent crude futures were down 79 cents at $74.25 a barrel by 1043 GMT, while US futures fell 53 cents to $64.78 a barrel

Oil prices plummet for 4th consecutive week over weak equity markets
Updated On : 01 Nov 2018 | 6:08 PM IST

Oil sinks amid fears that slowing global economic growth could hit demand

Data on Wednesday showing a large build in US inventories fostered fears about the outlook for fuel demand

Oil sinks amid fears that slowing global economic growth could hit demand
Updated On : 17 Aug 2018 | 8:07 AM IST

Oil falls on doubts over output cuts, surprise rise in US fuel stock

Brent crude futures, the international benchmark for oil prices, were at $63.27 a barrel, down 34 cents, or 0.5%

Oil falls on doubts over output cuts, surprise rise in US fuel stock
Updated On : 29 Nov 2017 | 11:14 AM IST

Oil slips as banks cut price forecast till 2018

Brent crude was down 50 cents at $46.38 a barrel and US crude was 50 cents lower at $43.90

Oil slips as banks cut price forecast till 2018
Updated On : 11 Jul 2017 | 10:21 PM IST