Friday, Sep 17, 2021 | Last Update : 03:04 PM IST

oil prices

Puri conveys India's concerns over high oil prices to Saudi, UAE

Saudi Arabia is the world's largest exporter of crude oil and India's second-biggest source after Iraq

16 Jul 2021 3:52 PM

Oil prices struggle to hold five-month high amid growing demand fears

Investors remained wary of rising refined product inventories at a time when US bankers said rise in cases was slowing the economic recovery

06 Aug 2020 9:01 AM

Oil prices slip on demand worries as coronavirus cases rise

The potential hit to demand comes as OPEC+ countries, are set to step up output in August, adding about 1.5 million bpd to global supply

30 Jul 2020 8:56 AM

Oil prices inch higher after sharp drop in US crude inventories

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels

29 Jul 2020 9:12 AM

Oil prices edge higher on expected US stimulus, weak dollar

The US dollar dropped to its lowest in nearly two years against a basket of six other major currencies on back of a surge in US virus cases

28 Jul 2020 9:02 AM

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Oil prices fall amid US-China tensions, increasing pandemic fears

Oil demand has improved somewhat from the deep trough of the second quarter, supporting prices, although the recovery path is uneven

27 Jul 2020 2:21 PM

China's crude imports from Saudi hit fresh high in June

Imports from Saudi Arabia rose to 8.88 million tonnes or 2.16 million bpd in June

26 Jul 2020 4:17 PM

Oil ticks up, but gains capped by demand destruction

Prices have been marking time since hitting a four-month high earlier in the week on hopeful news about a coronavirus vaccine

23 Jul 2020 9:08 AM

Oil prices fall on US inventory build, increasing pandemic fears

Industry group American Petroleum Institute reported U.S. crude inventories rose last week by 7.5 million barrels

22 Jul 2020 8:44 AM

Oil steady as virus infections rise but hopes for vaccine lends support

In the first big energy deal since COVID-19, Chevron said it would buy oil and gas producer Noble Energy Inc for about $5 billion in stock

21 Jul 2020 9:03 AM

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Oil falls as worsening pandemic threatens recovery

In the US, energy drillers cut the number of oil and natural gas rigs operating to a record for an 11th week in a row

20 Jul 2020 8:05 AM

Oil prices mixed as virus spike casts shadow over demand

The two benchmark contracts fell 1% on Thursday after OPEC+ agreed to trim record supply cuts of 9.7 million barrels per day

17 Jul 2020 8:49 AM

Oil prices slip after OPEC, allies agree to loosen supply curbs

OPEC+ agreed on Wednesday to scale back oil production cuts from August as the global economy slowly recovers from the coronavirus pandemic

16 Jul 2020 8:53 AM

Oil prices drop on demand recovery fears, OPEC+ easing expectations

The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts

14 Jul 2020 11:34 AM

Oil slips as traders eye supply cut easing at OPEC meeting

Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May

13 Jul 2020 9:02 AM

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Oil prices cautiously rise on output cut support

The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week

07 Jul 2020 9:04 AM

Oil prices slip on demand fears as virus cases surge

The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal basis in nine years

02 Jul 2020 10:30 AM

Oil prices fall as weak Japan data exposes market jitters over fragile demand

Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a 5.6% decline

30 Jun 2020 8:54 AM

Oil falls in second straight session as virus cools demand

Even as higher oil prices prompt producers to resume drilling, number of operating oil and natural gas rigs dropped to record low last week

29 Jun 2020 8:50 AM

Oil prices rise on demand recovery, despite surge in virus cases

The prospect of increased US crude production also kept a lid on gains on Friday

26 Jun 2020 9:25 AM

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