Oil Price | The Asian Age

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US West Texas Intermediate (WTI) crude futures were down 28 cents, or 0.4 per cent, at $67.65 per barrel.

Oil prices fall on rising US crude inventories, record production

Brent crude oil futures LCOc1 were at $73.04 per barrel, down 32 cents, or 0.4 per cent, from their last close.

03 May 2018 8:48 AM

Crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.

Oil prices rise on Iran sanction worries, despite surging US supplies

Brent crude oil futures LCOc1 were at $73.25 per barrel at 0020 GMT, up 12 cents, or 0.2 per cent.

02 May 2018 9:32 AM

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

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

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 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

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

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

Brent crude futures were at $65.85 per barrel, down 36 cents, or 0.5 per cent.

Oil prices fall as increased US drilling points to higher output

US crude oil production has risen by more than a fifth since mid-2016, to 10.38 million barrels per day.

19 Mar 2018 10:21 AM

International benchmark for oil prices, have risen by more than 50 per cent since mid-2017.

As oil hits USD 70, warning lights flash up in Asia

World’s biggest crude consuming region, Asia, is showing signs of an impending downward correction.

12 Jan 2018 2:06 PM

A good monsoon is likely to convert into good harvest and consumption led demand leading to improved corporate earnings.

Budget, earnings, monsoon to influence market in 2018

The 30-share key index touched its lifetime high of 34,137.97 on December 27.

03 Jan 2018 3:12 PM

Brent crude futures - the international benchmark for oil prices - were at $66.55 a barrel, down 2 cents.

Oil prices close to mid-2015 highs, but doubts over further rises loom

US oil production has risen by almost 16 per cent since mid-2016, hitting 9.75 million bpd at the end of last year.

03 Jan 2018 10:49 AM

Urjit Patel flagged concern over rising oil prices at MPC meet

Projections indicate that inflation prints are likely to stay above target from here on.

21 Dec 2017 11:01 AM

According to oil company data, petrol price has been cut almost every day with reduction ranging from 11 paise to 32 paise per litre.

A week on, petrol/diesel prices dip in daily revision

Petrol price was at Rs 65.48 a litre on June 16 in Delhi and today it costs Rs 63.71 per litre.

25 Jun 2017 2:08 PM

In the first five months of 2017, India's oil imports from Iran still jumped about 64 per cent, the data showed.

India's oil imports from Iran plunge over gas field row

India plans to order about a quarter less Iranian crude due to a snub over development of Iran's Farzad B gas field.

15 Jun 2017 4:48 PM

Saudi Aramco seeks exclusive talks over India oil refinery stake: Pradhan

Country's top refiner Indian Oil Corp will initially hold a 50 per cent stake in the project.

15 Jun 2017 11:33 AM

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Anita Katyal