Brent crudeBrent crude futures rose above $106 on Thursday, recouping some losses as investors seized the opportunity to buy after the previous session saw the biggest plunge in nearly three months, given worries over West Asia ...
Crude was mixed in Asian trade today ahead of a crunch European Union summit as doubts lingered over whether leaders can come up with a solution to the euro zone debt crisis, analysts said. New York’s ...
Petrol prices may be cut by Rs 2 a litre from tomorrow as global oil rates have softened and the rupee has stabilised against the US dollar. The cut in prices would negate the Rs 1.80 ...
Oil was mixed in Asian trade today as traders weighed the prospects of renewed West Asia tensions after the UN nuclear watchdog said Iran had worked on nuclear weapons technology.
New York’s main contract, light sweet crude ...
State-owned fuel retailers, which last week raised petrol price by Rs 1.80 per litre, reported a net loss of over Rs 8,000 crore in July-September quarter and are borrowing heavily to even buy crude oil.
Hindustan Petroleum ...
World oil prices extended losses today amid market volatility after a US brokerage firm filed for bankruptcy and Greece called for a referendum on its latest bailout deal. New York’s main contract, light sweet crude for ...
Oil prices were mixed but well-supported in Asian trade today thanks to buoyant gains on Wall Street and a sharper than expected fall in US crude inventories, analysts said. New York’s main contract, light sweet crude ...
Brent crude fell to near US $111 on Thursday, snapping six days of gains, after trade data from China pointed to slower demand in the world’s second-largest oil consumer. China’s September crude oil imports shrank from ...
Oil fell in Asian trade today as investors took profits after sharp overnight gains, analysts said.
New York’s main contract, light sweet crude for November delivery fell 10 cents to US $79.58 a barrel and Brent North ...
There is evidence of falling oil imports from China and India, though it will take time to judge whether this is due to seasonal factors or a structural reason, a leading UAE official has said.
However, Ali ...