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Oil prices climb as positive China factory data eases demand concerns

World’s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.

30 Sep 2019 9:26 AM

Oil prices will ease if global tensions do not flare up: Pradhan

The price of crude oil has already reduced by a few dollars per barrel, Pradhan said.

23 Sep 2019 11:42 AM

Oil falls more than 1 pc as market awaits response to Saudi oil attacks

The company has not given a specific timeline for the resumption of full output.

17 Sep 2019 10:33 AM

Oil prices gain after bigger-than-expected fall in US stockpiles

Iran’s oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.

11 Sep 2019 10:37 AM

Oil hits six-week high on hopes of extended OPEC output cuts

In the United States, crude stockpiles are likely to have fallen for a fourth consecutive week last week.

10 Sep 2019 10:48 AM

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Oil set for biggest weekly gain since July on trade dispute hopes

WTI futures, slumped last week by nearly 2 million barrels to their lowest since December.

30 Aug 2019 11:09 AM

Oil gains, led by US crude, as recession worries ease

Crude oil prices have fallen about 20 per cent from 2019 highs reached in April.

28 Aug 2019 11:54 AM

Oil prices edge down as traders weigh slowing demand against supply curbs

Brent crude futures LCOc1 were down 11 cents or 0.2 per cent, from the previous settlement.

13 Aug 2019 8:37 AM

Oil prices drop on signs global economy slowing amid trade disputes

Oil prices are being pressured by ongoing worries about demand as the US-China trade war.

09 Jul 2019 9:49 AM

Oil prices jump as US crude stocks fall, Middle East worries add support

Oil prices have been squeezing higher on escalating tensions in the Middle East.

26 Jun 2019 10:41 AM

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Filling Iran oil gap in India: US supplies outshine Middle East crude

India bought about 184,000 barrels per day (bpd) oil from the United States over November 2018 to May 2019.

25 Jun 2019 12:10 PM

Oil extends gains amid Middle East tensions, US-China trade deal hopes

US West Texas Intermediate crude gained 44 cents, or 0.8 per cent, to USD 54.34 a barrel.

19 Jun 2019 8:46 AM

Saudi seeks oil supply protection as US and Iran face off

Thursday’s tanker attacks in the Gulf of Oman exacerbated the antagonistic fallout from similar blasts in May that crippled four vessels.

17 Jun 2019 8:19 AM

Saudi energy minister says hopes to balance oil market before next year

OPEC was close to agreeing to extend a pact on cutting oil supplies beyond June.

15 Jun 2019 2:01 PM

India's rising oil demand to support investments in refineries: Moody's

The country's dependence on imported crude oil to meet its needs has risen to 83.7 per cent in 2018-19.

13 May 2019 2:24 PM

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Oil prices mixed amid US-China trade impasse

Brent crude futures were at USD 70.73 a barrel, up 11 cents, or 0.2 per cent, from their last close.

13 May 2019 9:21 AM

US to end all waivers on imports of Iranian oil, crude price jumps

United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions.

23 Apr 2019 12:12 PM

Oil prices extend losses despite surprise drop in US inventories

US West Texas Intermediate (WTI) crude futures were at USD 63.67 per barrel, down 9 cents, or 0.1 per cent.

18 Apr 2019 9:10 AM

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.

11 Apr 2019 6:11 PM

Oil edges higher amid tightening global supply, gains capped by economic slowdown

US crude stocks rose by 4.1 million barrels in the week to April 5, to 455.8 million barrels.

10 Apr 2019 9:44 AM

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