OPEC
Oil prices extend losses as oversupply worries drag
US West Texas Intermediate (WTI) crude futures were at USD 63.32 per barrel, down 8 cents, or 0.13 per cent.
Oil prices firm amid OPEC supply cuts, US sanctions on Iran and Venezuela
China and India comprise nearly 55 per cent of global demand growth.
Saudi oil cuts deeper than promised: International Energy Agency
The Paris-based IEA said production by OPEC kingpin Saudi Arabia dropped to its lowest level in two years in March.
Oil slips from 5-month highs as economic worries counter tight market
International benchmark Brent futures touched their strongest level since last November at USD 71.34 per barrel.
Saudi minister says oil market headed for 'balance'
Saudi Energy Minister Khalid al-Falih said he did not "think we need to" when asked if kingdom was prepared to make additional cuts.
Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC': sources
At the current price of USD 70 per barrel, the annual value of global oil output is USD 2.5 trillion.
Oil prices set for biggest first-quarter gain since 2009 on US sanctions
Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.
Oil prices edge higher, but future demand concerns cap gains
Prices have risen more than 25 per cent this year, supported by supply curbs by the OPEC.
Crude oil futures slip 0.22 pc on weak global trend
At Multi Commodity Exchange, crude oil for delivery in April traded Rs 9, or 0.22 per cent, lower at Rs 4,066 per barrel in 7,452 lots.
Reliance selling fuels from India to Venezuela to avoid US sanctions
Reliance had been supplying alkylate, diluent naphtha, and other fuel to Venezuela though its US-based subsidiary.