Oil prices jump
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December 13, 2020, Sunday
Indian rupee at a higher risk of depreciation as oil prices surge
Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee during ...
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December 06, 2020, Sunday
Saudi Aramco raises January crude oil price for Asia, document shows
Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over ...
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November 25, 2020, Wednesday
Oil extends gains on vaccine hopes, shrugs off US inventory build
AstraZeneca said on Monday its COVID-19 vaccine could be up to 90% effective, providing another weapon in the fight to control ...
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November 09, 2020, Monday
Oil prices jump on Covid-19 vaccine hopes and OPEC+ supply signals
Brent crude rose $3.41, or 8.6%, to $42.86 a barrel by 1302 GMT while U.S. West Texas Intermediate crude was up $3.57, or 9.6%, ...
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July 29, 2020, Wednesday
Oil rises after surprise drop in US inventories offsets demand concerns
Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels, data showed
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June 02, 2020, Tuesday
Oil prices increase ahead of Opec+ meeting on extended output cuts
OPEC+ producers are considering extending their output cut of 9.7 million barrels per day (bpd), about 10 per cent of global ...
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June 20, 2019, Thursday
Oil rises 3% to $63 after Iran shoots down US drone raising conflict fears
Brent crude, the global benchmark, was up $1.73 at $63.55 a barrel at 1218 GMT, having earlier gained 3.3% to $63.88. US West ...
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April 12, 2019, Friday
Climbing oil prices put India's benign inflation outlook at risk
Data due Friday will probably show headline inflation quickened to 2.8 per cent last month from 2.5 per cent in February
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July 12, 2018, Thursday
Start reducing oil prices or expect demand to sink, India warns OPEC
If prices continue rising at the pace they've been gaining in the past month and a half, the South Asia nation's consumers will ...
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June 29, 2018, Friday
Oil prices jump as US sanctions on Iran threaten to affect crude volume
But the world oil market is already tight with unplanned disruptions in Canada, Libya and Venezuela removing supply