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Page 23 - Oil

Oil rises as investors parse Yellen remarks for rate-hike clues

Futures climbed 0.7 per cent Friday, trimming a weekly loss

Oil rises as investors parse Yellen remarks for rate-hike clues
Updated On : 27 Aug 2016 | 9:37 PM IST

Oil prices extend losses as dealers eye output talks

Experts said that the market is jittery due to uncertainty over the outcome of next month's OPEC meet

Oil prices extend losses as dealers eye output talks
Updated On : 25 Aug 2016 | 12:04 PM IST

Oil prices fall as analysts say market still oversupplied

US West Texas Intermediate crude was down 40 cents, or 0.84 per cent, at $47.01 per barrel

Oil prices fall as analysts say market still oversupplied
Updated On : 23 Aug 2016 | 3:12 PM IST

Oil falls as August price rally seen overblown, China fuel exports jump

Brent crude futures were trading at $49.93 per barrel at 0641 GMT, down 95 cents, or 1.87 percent

Oil falls as August price rally seen overblown, China fuel exports jump
Updated On : 22 Aug 2016 | 2:52 PM IST

Oil falls as August price rally seen overblown, China fuel exports jump

Brent crude futures were trading at $50.22 per barrel at 0224 GMT, down 66 cents, or 1.3 per cent

Oil falls as August price rally seen overblown, China fuel exports jump
Updated On : 22 Aug 2016 | 10:46 AM IST

Oil halts rally as market weighs chance of output freeze

Investors are wondering whether Saudi Arabia will be amenable to a freeze if Iran doesn't participate

Oil halts rally as market weighs chance of output freeze
Updated On : 16 Aug 2016 | 11:11 AM IST

Oil prices dip as traders cash in on two-week price rally

Traders said the price falls were the result of cashing in following more than two weeks of rallying prices

Oil prices dip as traders cash in on two-week price rally
Updated On : 16 Aug 2016 | 9:21 AM IST

Saudi-Iran oil rivalry heats up

The kingdom is also engaged in a battle for market share with rival Iran and has cut prices to its customers in Asia, the biggest market for both exporters

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Updated On : 11 Aug 2016 | 1:17 AM IST

Global glut of oil products threatens crude recovery

Refiners have resorted to production cut which will weaken demand for crude oil and serve as a hard ceiling on prices

Global glut of oil products threatens crude recovery
Updated On : 10 Aug 2016 | 1:21 PM IST

Oil falls as glut, profit-taking beat back optimism over OPEC meet

Since the plunge in oil prices that began in mid-2014, Venezuela has repeatedly tried to broker deals to freeze production and reduce a supply glut, with limited success

Oil falls as glut, profit-taking beat back optimism over OPEC meet
Updated On : 09 Aug 2016 | 12:41 PM IST

Oil continues to oblige Jaitley with low prices

Finance Minister had jitters when crude prices came close to $53 a barrel in June rallying from 12-year lows of $27 earlier in the year

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Updated On : 09 Aug 2016 | 12:31 AM IST

Oil market on path to rebalancing, OPEC monitoring situation: Qatar

Brent futures were up 15 cents at $44.42 per barrel on Monday

Oil market on path to rebalancing, OPEC monitoring situation: Qatar
Updated On : 08 Aug 2016 | 3:35 PM IST

India's July Iranian crude imports surge 21 per cent to five-month high

For the first seven months of 2016, India imported about 359,000 bpd of Iranian oil, up 67 per cent from the same period a year ago

India's July Iranian crude imports surge 21 per cent to five-month high
Updated On : 03 Aug 2016 | 5:01 PM IST

Oil prices push higher after entering bear market

On the back of bargain-buyers taking advantage of a weaker dollar

Oil prices push higher after entering bear market
Updated On : 02 Aug 2016 | 12:38 PM IST

Oil dips over global supplies rise, fresh concerns over Asian economies

Overproduction of crude and a wave of refined products were the main factors weighing on oil

Oil dips over global supplies rise, fresh concerns over Asian economies
Updated On : 01 Aug 2016 | 9:59 AM IST

Still at sea

Oil recovery proves slippery for Exxon and Chevron

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Updated On : 31 Jul 2016 | 10:10 PM IST

Oil falls towards $44, lowest since May, on glut worries

Brent crude is still up more than 60% from a 12-year low near $27 in January

Oil falls towards $44, lowest since May, on glut worries
Updated On : 26 Jul 2016 | 5:20 PM IST

Oil dives 4% on US rigs rise, glut threat

Dollar's rally to a more than four-month high also hurt demand for greenback-denominated oil among holders of the euro and other currencies

Oil dives 4% on US rigs rise, glut threat
Updated On : 23 Jul 2016 | 5:05 PM IST

Oil traders lose millions as LPG market face 'career ruining' glut

Traders have been left scrambling to mitigate losses as China has failed to be the driver of demand

Oil traders lose millions as LPG market face 'career ruining' glut
Updated On : 19 Jul 2016 | 1:53 PM IST

Oil near two-month low on economic woes; drillers adjust to lower prices

Saudi Arabia's energy minister Khalid al-Falih said the oil market was becoming more balanced in terms of supply and demand

Oil near two-month low on economic woes; drillers adjust to lower prices
Updated On : 11 Jul 2016 | 9:10 AM IST