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
Brent fell more than 6 per cent in July, while US crude futures slumped about 7 per cent.
01 Aug 2018 9:33 AM
Brent crude futures had risen 47 cents, or 0.6 per cent, to $74.40 a barrel, after gaining 0.7 per cent.
26 Jul 2018 10:05 AM
Brent crude oil was down 19 cents, or 0.3 per cent, at $72.87 a barrel, after settling down 1 cent.
24 Jul 2018 10:15 AM
Rupee hit an all-time low of 69.09 per dollar last week and is the worst-performing currency in Asia this year.
07 Jul 2018 10:14 AM
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
Consumer price inflation is likely to have accelerated in May, due in large part to a rise in fuel inflation.
11 Jun 2018 11:24 AM
GST will not prevent price fluctuations as India is a massive importer of crude.
11 Jun 2018 9:11 AM
US West Texas Intermediate crude CLc1 was up 10 cents, or 0.2 per cent, at $65.62 a barrel.
06 Jun 2018 8:43 AM
Niti Aayog estimates, the cost of 1.5 times MSP for 24 crops could be around Rs 1.15 lakh crore.
05 Jun 2018 9:00 AM
US crude stocks were forecast to fall about 2.5 million barrels on average in the week ended June 1.
05 Jun 2018 8:46 AM
Russia and several other producers agreed to cut output by about 1.8 million barrels per day.
04 Jun 2018 8:59 AM
OPEC and non-OPEC ministers meet next in Vienna on June 22-23, and the final decision will be taken there.
25 May 2018 1:49 PM
International benchmark Brent futures were down 27 cents, or 0.34 per cent, at $79.53 per barrel.
24 May 2018 9:26 AM
WTI crude futures were at $71.83 a barrel, up 55 cents, or 0.8 per cent, from their last settlement.
21 May 2018 9:43 AM
Oil prices have gained 20 per cent since January to just shy of $80 per barrel, a level not seen since 2014.
17 May 2018 11:48 AM
Brent crude futures LCOc1, the international benchmark for oil prices, were at $78.37 per barrel.
15 May 2018 8:18 AM
Brent and WTI last week reached their highest since November 2014 at $78 and $71.89 per barrel respectively.
14 May 2018 9:05 AM
Iran produces about 3.8 million barrels per day (bpd), or about 4.0 per cent of the world’s oil supplies.
09 May 2018 8:33 AM
WTI crude futures CLc1 fell 63 cents, or 0.9 per cent, to $70.10 a barrel.
08 May 2018 8:17 AM