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

Oil plunges nearly 8 per cent despite talk of output cut

Brent fell 11.3 per cent and WTI posted a 10.8 per cent decline, the largest one-week drop since January 2016.

24 Nov 2018 10:16 AM IST

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 Indias macro economic indicators.

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 April 2018 8:42 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil prices drop on worries about oversupply

Brent crude oil was down 19 cents, or 0.3 per cent, at $72.87 a barrel, after settling down 1 cent.

24 July 2018 10:15 AM IST

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

Oil prices climb on tightening US market

US crude inventories fell by 4.5 million barrels in the week to June 29 to 416.9 million barrels.

4 July 2018 8:51 AM IST

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

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil futures were at USD 66.08 per barrel at 0220 GMT, down 42 cents, or 0.6 per cent from their last close.

19 Feb 2019 1:34 PM IST

Thats a 28 per cent gain in two years, putting the US close to becoming the worlds biggest crude producer, edging nearer to the 11 million bpd churned out by Russia.

Oil falls as US maintains record output, inventories climb

US crude oil production remained at the record 11.9 million barrels per day (bpd) it reached in late 2018.

7 Feb 2019 10:28 AM IST

Though Dubai depends less on oil income, fluctuations in crude oil prices have affected all sectors of its economy. The slowdown took its toll on the small and unorganised sectors in the form of unpaid outstanding dues for companies, unpaid wages for workers and large scale job losses.

Oil near six-week highs amid Gulf of Mexico storm, Middle East...

Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.

12 July 2019 10:01 AM IST

Traders are now eyeing next months meeting between the OPEC and Russia to determine if the group would deepen output cuts to prop up prices.

Oil prices gain after bigger-than-expected fall in US stockpiles

Iran's oil exports were slashed by more than 80 per cent due to re-imposed sanctions by the United States.

11 Sept 2019 10:37 AM IST

OPEC and non-OPEC oil producers will meet again this weekend in Austrias capital to discuss the details of last weeks agreement.

Oil prices steady in run-up to Christmas

International Brent crude oil futures down 1 cent from their last close at $54.91 a barrel.

20 Dec 2016 7:52 AM IST

The market seems unwilling to push oil towards $50 a barrel ahead of the Thanksgiving holiday tomorrow.

Oil prices up on weaker dollar, optimism on output cuts

Brent LCOc1 futures for February delivery climbed 17 cents to $54.63 a barrel, having previously finished 89 cents...

22 Dec 2016 7:59 AM IST

Brent futures slid $1.01 to settle at $53.93 a barrel, while US West Texas Intermediate (WTI) crude futures fell 86 cents to $50.93 per barrel.

Oil falls on output cut skepticism, OPEC output rise

Crude had surged more than 15 per cent in the four sessions since the November 30 OPEC meeting.

7 Dec 2016 7:43 AM IST