Business Standard

Page 58 - Oil Prices

Oil whipsaws as output seen rising, more Opec cuts discussed

Prices have been range-bound for over 60 days on concerns of US output growth

Oil whipsaws as output seen rising, more Opec cuts discussed
Updated On : 07 Mar 2017 | 4:58 AM IST

Oil rises as Opec sticks to output pledges, rising US production cap gains

While Opec reduced output for second month in Feb, US stockpiles have risen for 7 straight weeks

Oil rises as Opec sticks to output pledges, rising US production cap gains
Updated On : 01 Mar 2017 | 5:22 PM IST

Funds prepare $2 bn oil market play as supply tightens

On Friday, the Brent May contract price settled at $56.31 a barrel

Funds prepare $2 bn oil market play as supply tightens
Updated On : 28 Feb 2017 | 1:34 AM IST

Oil prices fall as US crude inventories rise further

Rise in US inventories comes as members of the Opec and other producers have cut output

Oil prices fall as US crude inventories rise further
Updated On : 24 Feb 2017 | 8:46 PM IST

Oil rises, but swelling US output caps rally

Oil prices inched higher, as investor optimism over the effectiveness of producer cuts

Oil rises, but swelling US output caps rally
Updated On : 21 Feb 2017 | 1:57 AM IST

Oil prices slip as growing global stocks overshadow Opec cuts

In the United States, rising output has helped push up crude and fuel stocks to record highs

Oil prices slip as growing global stocks overshadow Opec cuts
Updated On : 17 Feb 2017 | 10:59 PM IST

Oil prices steady despite record US inventories

Despite this, inventories remain bloated and supplies high, especially in the United States

Oil prices steady despite record US inventories
Updated On : 16 Feb 2017 | 4:07 PM IST

Oil rises as Opec output cuts trim oversupply

Analysts say oil producers will have to cut production more quickly to drain global oversupply

Oil rises as Opec output cuts trim oversupply
Updated On : 15 Feb 2017 | 1:10 AM IST

Oil falls as Opec compliance report underwhelms, US crude output rises

US oil drillers over the past month have added the most drilling rigs since 2012

Oil falls as Opec compliance report underwhelms, US crude output rises
Updated On : 13 Feb 2017 | 10:36 PM IST

Trump's sanctions on Iran, strong US jobs data pushes oil higher

Sanctions news added to volatility in what had already been a day of choppy trading

Trump's sanctions on Iran, strong US jobs data pushes oil higher
Updated On : 04 Feb 2017 | 3:33 PM IST

Oil prices fall as data suggests drill ramp up in US

Prompts investor concern about the Opec and other producers effectiveness at supporting prices by cutting supplies

Oil prices fall as data suggests drill ramp up in US
Updated On : 28 Jan 2017 | 4:38 AM IST

Oil prices rise a second day on supply expectations, record China data

Crude inventories rose 2.3 million barrels in the week to Jan 13

Oil prices rise a second day on supply expectations, record China data
Updated On : 20 Jan 2017 | 12:13 PM IST

Oil slides on prospect of rising US production

While the Opec signalled a drop in the global oil supply surplus this year

Oil slides on prospect of rising US production
Updated On : 19 Jan 2017 | 2:44 AM IST

Oil price rises on weaker dollar, Saudi commitment to cut output

Gains were also capped due to rising US production

Oil price rises on weaker dollar, Saudi commitment to cut output
Updated On : 18 Jan 2017 | 1:59 AM IST

Oil down on output cut doubts, expectations of US production rises

Global oil production remains high and inventories near record levels in many areas

Oil down on output cut doubts, expectations of US production rises
Updated On : 17 Jan 2017 | 4:22 AM IST

Oil prices likely to witness 'more volatility' in 2017: IEA

OPEC agreed to cut output by 1.2 million bpd to 32.5 million bpd for the first six months of 2017

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Updated On : 16 Jan 2017 | 9:14 AM IST

Oil prices dip on doubts over planned crude output cuts

Brent crude futures was trading at $55.87 per barrel on Friday

Oil prices dip on doubts over planned crude output cuts
Updated On : 13 Jan 2017 | 3:54 PM IST

2016: Low oil prices lead to highest fuel sales growth in at least 16 years

Consumption of fuels, a proxy for oil demand, surged 10.7 percent to 196.48 million tonnes in 2016

2016: Low oil prices lead to highest fuel sales growth in at least 16 years
Updated On : 11 Jan 2017 | 9:22 AM IST

Oil prices edge up on Saudi supply cut, outlook remains cloudy

Prices for Brent crude futures were trading at $53.77 per barrel at 0130 GMT

Oil prices edge up on Saudi supply cut, outlook remains cloudy
Updated On : 11 Jan 2017 | 8:33 AM IST

Oil markets torn between Saudi led supply cuts, rising output elsewhere

Prices for Brent crude futures were trading at $54.99 per barrel at 0136 GMT

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Updated On : 10 Jan 2017 | 9:03 AM IST