Brent was pushed up by the looming sanctions against Iran, which will start targeting its oil sector from Nov 4.
01 Oct 2018 9:15 AM
Washington is pushing allies to cut Iranian oil imports to zero once the sanctions start on November 4.
28 Sep 2018 10:17 AM
There’s no alternative in the immediate future but to curb imports of non-essential goods.
17 Sep 2018 1:25 AM
Brent crude was up 8 cents, or 0.1 per cent, at $78.26 a barrel by 0338 GMT, after falling 2 per cent on Thursday.
14 Sep 2018 10:51 AM
Saudi Arabia still wants to keep oil prices as high as possible without offending Washington.
05 Sep 2018 9:41 AM
US commercial crude inventories fell by 2.6 million barrels in the week to August 24, to 405.79 million barrels.
30 Aug 2018 1:49 PM
OPEC member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
27 Aug 2018 9:17 AM
Brent crude oil futures LCOc1 were at $75.07 per barrel at 0424 GMT, up 34 cents, or 0.5 per cent.
24 Aug 2018 10:39 AM
International benchmark Brent crude oil futures were at $74.63 per barrel.
23 Aug 2018 11:11 AM
Brent crude futures, which act as a benchmark for international oil prices, were at $71.60 per barrel.
20 Aug 2018 11:24 AM
Brent crude oil futures LCOc1 were at $72.81 per barrel at 0515 GMT, up 20 cents, or 0.3 per cent.
14 Aug 2018 12:00 PM
US crude oil exports to China, seen as a tool to reduce America’s trade deficit with Asia’s biggest economy.
10 Aug 2018 9:17 AM
Spot Brent crude oil futures were at $73.88 per barrel at 0241 GMT on Tuesday, up 13 cents, or 0.2 per cent.
07 Aug 2018 10:40 AM
Oil prices tanked earlier this week when US govt reported that US inventories rose 3.8 mn barrels in prior week.
03 Aug 2018 9:10 AM
OPEC hiked production by 70,000 barrels per day (bpd) to 32.64 million bpd, the most this year.
31 Jul 2018 10:22 AM
IOC is seeking to buy August cargoes from Tehran on similar terms, with Iran responsible for the delivery to Indian ports.
27 Jul 2018 2:26 PM
Global oil prices LCOc1 have climbed steadily this year, helped by rising demand, and topped $80 per barrel in May.
10 Jul 2018 10:47 AM
In Mumbai, petrol prices have been hiked from Rs. 83.52 on Sunday, to Rs. 83.75 per litre on Monday.
09 Jul 2018 11:13 AM
The escalating US-China trade row also cast a shadow over markets, as China warned it could introduce
05 Jul 2018 1:39 PM
OPEC together with a group of non-OPEC producers led by Russia started to withhold output in 2017 to prop up prices.
05 Jul 2018 9:45 AM