Business Standard

Page 56 - Oil Prices

Oil rises above $65 for first time since 2015 on North Sea pipeline outage

Oil also gained support from expectations the latest reports on US inventories will show a further tightening of supplies

Oil rises above $65 for first time since 2015 on North Sea pipeline outage
Updated On : 12 Dec 2017 | 3:40 PM IST

Oil prices stable as ongoing Opec cuts countered by rising US rig drilling

Rising US output threatens to undermine efforts to support prices by withholding supplies

Oil prices stable as ongoing Opec cuts countered by rising US rig drilling
Updated On : 11 Dec 2017 | 2:45 PM IST

Oil prices rise after Opec, allies agree to extend output cut until 2018

Gains are likely to be muted as inventories need to be cut further: Expert

Oil prices rise after Opec, allies agree to extend output cut until 2018
Updated On : 01 Dec 2017 | 2:57 PM IST

Oil markets on tenterhooks ahead of OPEC meeting on supply cut in Vienna

There may be a review of the deal in June, should the market overheat

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Updated On : 30 Nov 2017 | 9:10 AM IST

Oil falls on uncertainty over Russia's stand on Opec deal, higher US supply

The deal expires in March 2018 but is widely expected to be extended at Opec's next meeting on November 30

Oil falls on uncertainty over Russia's stand on Opec deal, higher US supply
Updated On : 29 Nov 2017 | 5:36 PM IST

How much should we worry about oil prices?

Indian policymakers need to watch the sector carefully but maybe there's no reason to get into a deep funk

How much should we worry about oil prices?
Updated On : 22 Nov 2017 | 11:06 PM IST

What do higher oil prices mean for India?

Considering India is a net oil importer with inelastic demand, movement in global crude oil prices tend to have an important bearing on the macro stability risks

What do higher oil prices mean for India?
Updated On : 17 Nov 2017 | 1:56 PM IST

Oil prices to remain at $57-65 a barrel for some time: HPCL CMD M K Surana

Surana feels that the rise in prices is still not an indication of any structural change, it is more a reaction towards the geopolitical situation

Oil prices to remain at $57-65 a barrel for some time: HPCL CMD M K Surana
Updated On : 11 Nov 2017 | 12:39 AM IST

Oil hits $63 a bbl, highest since 2015 on output tightening by Saudi Arabia

US energy companies cut eight oil rigs last week, to 729, in the biggest reduction since May 2016

Oil hits $63 a bbl, highest since 2015 on output tightening by Saudi Arabia
Updated On : 06 Nov 2017 | 1:57 PM IST

Oil prices firm above $60 on supply cut

Saudi Arabian Crown Prince Mohammed bin Salman last week backed extending production cuts by the Opec

Oil prices firm above $60 on supply cut
Updated On : 31 Oct 2017 | 2:16 AM IST

Oil jumps 1%; fighting shuts crude output in Iraq's Kirkuk

Iraq's Kurdistan briefly shut down some 350,000 barrels per day (bpd) of production from major fields Bai Hassan and Avana due to security concerns

Oil jumps 1%; fighting shuts crude output in Iraq's Kirkuk
Updated On : 16 Oct 2017 | 11:38 PM IST

Oil prices rise as Saudi Arabia plans to cut exports in November

Oil prices rose as Saudi Arabia announced it would further curtail oil exports,

Oil prices rise as Saudi Arabia plans to cut exports in November
Updated On : 11 Oct 2017 | 9:09 AM IST

Oil falls from 26-month high on profit-taking

US refinery utilization was expected to rise 3.6 percentage points from 83.2 percent of total capacity in the week ended Sept. 15

Oil falls from 26-month high on profit-taking
Updated On : 27 Sep 2017 | 2:40 AM IST

Oil edges up as Saudis discuss extending supply cut

The hurricane knocked out power to nearly 4 million homes and businesses in Florida

Oil edges up as Saudis discuss extending supply cut
Updated On : 12 Sep 2017 | 12:17 AM IST

Oil prices slide from nine-week highs as market looks to Opec

US crude futures were down 59 cents, or 1.19 per cent, at $48.99 per barrel

Oil prices slide from nine-week highs as market looks to Opec
Updated On : 07 Aug 2017 | 4:27 PM IST

Oil prices rise following rising Opec exports and strong US jobs data

Crude futures had been lower in early trade before the jobs report spurred buying

Oil prices rise following rising Opec exports and strong US jobs data
Updated On : 04 Aug 2017 | 10:06 PM IST

Oil prices dip as prospect of deeper Opec output cut dims

NYMEX crude for September delivery fell 20 cents to $45.57 a barrel

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Updated On : 24 Jul 2017 | 4:33 PM IST

Oil prices up 1.5% as strong Chinese demand overshadows supply glut

China imported 8.55 million bpd of oil in the H1 of 2017, up 13.8% on the same period in 2016

Oil prices up 1.5% as strong Chinese demand overshadows supply glut
Updated On : 13 Jul 2017 | 10:36 PM IST

Oil prices fall 3% on oversupply

Russia says ready to consider revising output deal parameters

Oil prices fall 3% on oversupply
Updated On : 08 Jul 2017 | 2:36 AM IST

Oil prices up on weaker dollar, but supply glut caps gain

The dollar fell 0.1% against a basket of six major currencies

Oil prices up on weaker dollar, but supply glut caps gain
Updated On : 28 Jun 2017 | 2:33 AM IST