Business Standard

Page 57 - Oil Prices

Oil sits near half-year lows as global supply overhang weighs

Rising US oil output, mostly from shale drillers, contributing to ineffectiveness of Opec-led cuts

Oil sits near half-year lows as global supply overhang weighs
Updated On : 16 Jun 2017 | 11:09 AM IST

Oil hits six-week low as Opec fails to curb oversupply

Crude prices have fallen about 12 per cent since May 25

Oil hits six-week low as Opec fails to curb oversupply
Updated On : 15 Jun 2017 | 4:16 PM IST

Oil prices hover around 7-month low levels on doubts over Opec's output cut

On the other hand, production in the US has also jumped by 10% over the past year to 9.33 mn bpd

Oil prices hover around 7-month low levels on doubts over Opec's output cut
Updated On : 15 Jun 2017 | 1:45 PM IST

Oil sinks more than 3.5% on shock US gasoline stocks build

Crude inventories decreased by 1.7 million barrels

Oil sinks more than 3.5% on shock US gasoline stocks build
Updated On : 15 Jun 2017 | 1:59 AM IST

Oil prices fall on rising US crude stocks, Opec's output bump

Crude prices have fallen by more than 10% since late May, pulled down by a supply glut

Oil prices fall on rising US crude stocks, Opec's output bump
Updated On : 14 Jun 2017 | 2:20 PM IST

Oil rises on Saudi pledge to make real supply cuts to Asia, US

Saudi Arabia, the world's top oil exporter, to cut production by 1.8 million barrels per day

Oil rises on Saudi pledge to make real supply cuts to Asia, US
Updated On : 13 Jun 2017 | 1:13 PM IST

Amid Gulf-Qatar rift, Indian basket of crude oils goes below $50 per barrel

Crude prices continued on their downward spiral following Opec's decision to extend output cuts

Amid Gulf-Qatar rift, Indian basket of crude oils goes below $50 per barrel
Updated On : 06 Jun 2017 | 5:28 PM IST
Updated On : 05 Jun 2017 | 11:49 AM IST

Oil falls as rising Libyan, US outputs undermine Opec-led cuts

Libya is an Opec member, but it was exempt from cuts; US isn't participating in self-imposed cuts

Image
Updated On : 31 May 2017 | 3:22 PM IST

Oil prices rise as market expects extended output cut led by Opec

Brent futures and US WTI futures gained more than 10% from their May lows below $50/barrel

Oil prices rise as market expects extended output cut led by Opec
Updated On : 24 May 2017 | 1:50 PM IST

Lower volatility in oil prices

Daily change can help if marketers reduce throughput and transportation time

Image
Updated On : 21 May 2017 | 10:11 PM IST

Oil above $52 at 3-week high as Saudi, Russia back longer supply cuts

Energy ministers from both countries said cuts should be prolonged for 9 months

Oil above $52 at 3-week high as Saudi, Russia back longer supply cuts
Updated On : 15 May 2017 | 4:52 PM IST

Oil prices jump as Saudi Arabia, Russia extend supply cut to March 2018

Brent crude was at $51.66 per barrel at 0410 GMT, up 82 cents, or 1.6%, from its last close

Oil prices jump as Saudi Arabia, Russia extend supply cut to March 2018
Updated On : 15 May 2017 | 11:07 AM IST

Oil prices flat in choppy trade, output cut signal

Opec seems to be encouraged by the contribution of non-Opec producers to the output cuts

Oil prices flat in choppy trade, output cut signal
Updated On : 21 Apr 2017 | 3:21 AM IST

Oil prices rally after US missile strike on Syria

US dollar recouped all of its losses against a basket of major currencies

Oil prices rally after US missile strike on Syria
Updated On : 07 Apr 2017 | 4:52 PM IST

Oil drops to lowest since November as US inventories swell

Pressure on the Opec to extend output cuts beyond June

Oil drops to lowest since November as US inventories swell
Updated On : 22 Mar 2017 | 11:46 PM IST

Oil advances on talk of extension to Opec output cuts

The WTI delivery hub in Cushing, Oklahoma, could be a particular focus in Tuesday's API data

Oil advances on talk of extension to Opec output cuts
Updated On : 22 Mar 2017 | 1:17 AM IST

Oil prices steady finishing week with modest gains; outlook remain bearish

Production cut by the Opec was failing to reduce a global supply overhang

Oil prices steady finishing week with modest gains; outlook remain bearish
Updated On : 18 Mar 2017 | 4:28 AM IST

Oil at 3-month lows, global stocks edge up before US rate decision

Dollar steadied against a basket of currencies after touching a two-week low

Oil at 3-month lows, global stocks edge up before US rate decision
Updated On : 14 Mar 2017 | 2:29 AM IST

Oil prices fall to 3-month low as US rig count climbs

Brent crude was down 11 cents, or 0.21%, at $51.26 per barrel

Oil prices fall to 3-month low as US rig count climbs
Updated On : 13 Mar 2017 | 5:25 PM IST