Crude Oil | The Asian Age

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The growth of eight core sectors slowed to 3-month low of 4.1 per cent in March due to weak performance in as many as six sectors including coal, crude oil and natural gas.

Core sector growth rate slows to 4.1 pc in March

The other sectors which showed slower growth rate were refinery products, steel and electricity.

01 May 2018 6:37 PM

US West Texas Intermediate crude for June delivery was up 24 cents, or 0.4 per cent, at $68.81 a barrel.

Oil extends gains, buoyed by Iran sanction worries

US crude production jumped 260,000 barrels per day (bpd) to a record high of 10.26 million bpd in February.

01 May 2018 10:41 AM

US West Texas Intermediate crude futures were at $67.89 a barrel, down 21 cents, or about 0.3 per cent, from their last settlement.

Oil slips after US rig count rises; Iran concerns cap downside

Brent crude futures, the international benchmark, dipped 39 cents, or 0.5 per cent, to $74.25 a barrel.

30 Apr 2018 11:11 AM

US West Texas Intermediate crude fell 12 cents, or 0.2 per cent, to $68.07 a barrel.

Oil dips, but concerns persist about Iran supplies

Global benchmark Brent crude futures were down 13 cents, or 0.2 per cent, at $74.61 a barrel.

27 Apr 2018 8:42 AM

US West Texas Intermediate (WTI) crude futures were up 31 cents, or 0.5 percent, at $68.36 per barrel.

Oil prices rise on concerns over supply disruptions

Brent crude oil futures LCOc1 were at 74.44 per barrel at 0105 GMT, up 44 cents, or 0.6 per cent.

26 Apr 2018 8:27 AM

Crude oil futures fell 0.22 per cent to Rs 4,520 per barrel on Wednesday.

Crude oil futures fall 0.22 per cent on weak global cues

Also, oil prices for June delivery was trading lower by Rs 8, or 0.18 per cent.

25 Apr 2018 1:13 PM

Brent crude futures LCOc1, the international benchmark for oil prices, climbed as high as $75.20 in early trading.

Brent oil prices hit highest since late 2014 on supply cuts

Brent was still at $74.89 a barrel at 0109 GMT, up 18 cents, or 0.2 per cent from its last close.

24 Apr 2018 8:33 AM

Brent crude oil futures LCOc1 were at $73.82 per barrel at 0325 GMT, up 34 cents, or 0.5 per cent.

Oil near late-2014 highs as Saudi pushes for higher prices

Oil prices have the potential to rise another 15 per cent over the remainder of 2018.

19 Apr 2018 9:57 AM

Oil markets have generally been well supported this year, with Brent up by around 16 per cent from its 2018-low in February.

Oil prices rise amid risk of supply disruptions

Brent crude oil futures LCOc1 were at $71.80 per barrel at 0120 GMT, up 38 cents, or 0.5 per cent.

17 Apr 2018 9:19 AM

The changed terms have fixed a floor for government’s share of profit petroleum in running contracts.

Govt tweaks production sharing contracts mid-way, oil and gas reform hit

Companies put investments worth billions of dollars on hold.

16 Apr 2018 8:40 AM

OPEC and its oil producer allies are poised to extend their supply-cutting pact into 2019 even as a global glut of crude is set to evaporate by September.

Oil eases as Trump backtracks on imminent Syria strike

Brent crude was down 24 cents, or 0.3 per cent, at $71.78, and is up about 7 per cent for the week.

13 Apr 2018 10:56 AM

Oil markets tense on Middle East crisis, US-China trade spat

Oil markets remained tense on Thursday on concerns over a military escalation in Syria.

12 Apr 2018 1:29 PM

The finance ministry had also stopped looking at offshore bonds as a borrowing source. (Photo: PTI).

Govt mulls maiden overseas sovereign bond sale

The borrowing, however, would remain under the limit of the budgeted plan of Rs 6.06 lakh crore for the current fiscal.

12 Apr 2018 9:59 AM

Oil markets were also supported by easing concerns over a prolonged trade spat between the United States and China.

Oil prices near 2014 highs over warnings of western air strikes against Syria

Brent crude futures LCOc1 rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close.

11 Apr 2018 8:14 AM

Brent crude futures LCOc1 were at $68.52 per barrel, down 13 cents, or 0.2 per cent.

Oil prices seesaw as US trade dispute with China rattles market

US WTI crude futures CLc1 were at $63.26 a barrel at 0031 GMT, down 16 cents, or 0.3 per cent.

10 Apr 2018 8:39 AM

Brent crude futures were at $67.43 per barrel, up 32 cents, or 0.5 per cent.

Oil prices firm, but trade dispute and Syria keep market on edge

Oil prices fell about 2 per cent on Friday after US President Donald Trump threatened new tariffs on China.

09 Apr 2018 10:52 AM

OPEC and some non-OPEC producers including Russia are committed to cutting output by around 1.8 million barrels per day through end of 2018..

Oil drops after US President Trump threatens new China trade tariffs

Brent crude LCOc1 for June delivery was down 32 cents, or 0.5 per cent, at $68.01 per barrel.

06 Apr 2018 10:32 AM

Crude oil was trading higher 0.68 per cent to Rs 4,139 per barrel in futures market on Thursday.

Crude oil futures up 0.68 per cent on global cues

At Multi Commodity Exchange, crude oil for delivery in current month rose by Rs 28 or 0.68 per cent.

05 Apr 2018 11:50 AM

IOC’s current capacity stands at about 1.62 million bpd including 230,00 bpd controlled by its subsidiary Chennai Petroleum Corp.

Indian Oil plans USD 22 billion expansion over five years

IOC processed a record 1.38 million bpd crude at its directly owned plants in 2017-18.

02 Apr 2018 9:20 AM

India relies more than 80 per cent on imports to meet its oil needs. (File Photo)

India's oil import bill to jump by 25 per cent in FY'18

India had imported 213.93 million tonnes (MT) of crude oil 2016-17 for USD 70.196 billion or Rs 4.7 lakh crore.

26 Mar 2018 2:38 PM

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Krishna Shastri Devulapalli