Oil Prices | The Asian Age

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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

Prime Minster Narendra Modi on Wednesday called for reasonable and responsible pricing to provide easy access of affordable energy to all.

Modi calls for responsible pricing for affordable energy to all

Modi said efforts at artificially distorting prices were self-destructing.

11 Apr 2018 11:31 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

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

US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Oil prices slips on expectations for US crude stock build

Russian government comments on prospects for stepping up cooperation with OPEC.

04 Apr 2018 1:25 PM

Rise in oil prices defied global stock markets, which slumped on back of worries about a trade stand-off between US and China.

Oil rises more than 1 pc as Saudi says production curbs could last into 2019

US President Donald Trump signed a memorandum that could impose tariffs on up to $60 billion of imports from China.

23 Mar 2018 11:38 AM

The country's merchandise exports during the April- December period of 2017-18 grew by 12 per cent to USD 223.51 billion as against USD 199.46 billion in the year-ago period.

India's external sector prospects look bright: Economic Survey

India remained the eighth largest exporter in commercial services in the world in 2016 with share of 3.4 per cent.

29 Jan 2018 2:09 PM

Prices are close to the highest since December 2014.

Opec worried about US shale flooding market

Oil prices edged higher after the report was released to trade above $69 a barrel and later steadied.

19 Jan 2018 2:05 AM

Brent crude futures, the international benchmark, were also flat at around $66.80 after hitting a May 2015 high of $67.29 a barrel earlier in the day.

Oil makes best start to a year since 2014

US crude oil inventories have fallen by almost 20% from their highs.

03 Jan 2018 1:00 AM

US crude touched $59.05 a barrel on Friday, the highest level since mid-2015, fuelled by the outage of the Keystone pipeline.

Oil prices fall on pipeline restart, uncertainty over OPEC output cuts

Brent futures had fallen to $63.65 a barrel down 19 cents, or 0.3 per cent, from their previous close.

28 Nov 2017 11:25 AM

Ever since the government came to power in 2014, experts pointed out that the lower crude oil prices over the last few years had helped the government to significantly improve India’s macro economic indicators.

Oil prices may cap rupee rise

According to him, rise in domestic inflation is also likely to put further pressure on rupee.

20 Nov 2017 1:24 AM

Inflation in diesel and petrol shot up to 31.10 per cent and 15.66 per cent during the month.

WPI inflation 30-month high at 5.25 per cent

Inflation will be in the range of 4-4.5 pc in the first half and 4.5-5 pc in the second half of 2017-18.

14 Feb 2017 1:08 PM

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Sunil Gatade