Business Standard

Page 60 - Oil Prices

Oil prices edge up 0.37%, Kuwait cuts supplies by more than expected

Traders said that market prices rose as KPC appeared to be cutting supplies more than initially expected

Oil prices edge up 0.37%, Kuwait cuts supplies by more than expected
Updated On : 16 Dec 2016 | 8:18 AM IST

Oil prices fall after US Fed rate hike, but tighter market looms

Beyond the bearish impact from the US interest rate hike, oil prices were also dragged down by rising output from OPEC

Oil prices fall after US Fed rate hike, but tighter market looms
Updated On : 15 Dec 2016 | 10:26 AM IST

Oil prices fall to $52.29 a barrel on rising US crude stocks, OPEC output concerns

International Brent crude futures were down 62 cents, or 1.1 percent, at $55.10

Oil prices fall to $52.29 a barrel on rising US crude stocks, OPEC output concerns
Updated On : 14 Dec 2016 | 8:22 AM IST

Oil jumps to highest since mid-2015, US Fed rate hike on horizon

There was particular surprise as Saudi Arabia, the world's top producer, said it may cut its output even more than it had first suggested at an Organization of the Petroleum Exporting Countries meeting just over a week ago.

Oil jumps to highest since mid-2015,  US Fed  rate hike on horizon
Updated On : 13 Dec 2016 | 11:00 AM IST

Oil surges as Saudis eye deeper production cuts

Non-Opec countries including Russia pledged to pump less next year

Oil surges as Saudis eye deeper production cuts
Updated On : 13 Dec 2016 | 3:22 AM IST

ONGC, Oil India hit fresh 52-week high on surge in oil prices

Aban Offshore, HOEL, Selan Exploration, Deep Industries, Cairn India and Jindal Drilling were up 2%-4% on the BSE.

ONGC, Oil India hit fresh 52-week high on surge in oil prices
Updated On : 12 Dec 2016 | 9:43 AM IST

Higher oil prices a risk to India's growth trajectory: Dharmendra Pradhan

Benchmark Brent oil has rallied to USD 54.56 a barrel, the biggest weekly gain since 2009

Higher oil prices a risk to India's growth trajectory: Dharmendra Pradhan
Updated On : 05 Dec 2016 | 1:37 PM IST

Devangshu Datta: Oil price rise could impact transport sector

It will also hurt refiners, retail marketers and oil producers

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Updated On : 04 Dec 2016 | 10:36 PM IST

Oil falls as Iran and Saudis harden stance on output cuts

Goldman Sachs Group said the market is pricing in a 30% chance of a deal

Oil falls as Iran and Saudis harden stance on output cuts
Updated On : 30 Nov 2016 | 1:26 AM IST

Oil prices gyrate as OPEC heavyweights head to Vienna

Brent crude futures fell as far as 2 percent before clawing back to trade up 29 cents at $47.44 per barrel at 1008 GMT

Oil prices gyrate as OPEC heavyweights head to Vienna
Updated On : 28 Nov 2016 | 6:04 PM IST

Oil prices up 2% on hopes of OPEC output cut

Oil producers in the Organisation of the Petroleum Exporting Countries are due to meet on Nov 30 to agree to limit output

Oil prices up 2% on hopes of OPEC output cut
Updated On : 15 Nov 2016 | 3:40 PM IST

Oil prices fall due to unabated fuel supply

A surging dollar following the initial shock of Donald Trump's US presidential election win also put pressure on oil prices

Oil prices fall due to unabated fuel supply
Updated On : 11 Nov 2016 | 12:12 PM IST

Oil falls as focus returns to Opec after Trump election surprise

Trump has promised freedom from Opec and some of his energy policies include opening federal lands to drilling and freeing up offshore areas to development

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Updated On : 11 Nov 2016 | 12:31 AM IST

Oil prices fall over 2 percent as US election looks tight

In Asia, physical oil analysts were digesting mixed data out of China on Tuesday, which showed a fall in crude imports and a rise in exports of refined products

Oil prices fall over 2 percent as US election looks tight
Updated On : 09 Nov 2016 | 10:21 AM IST

US Election 2016: Oil prices tumble as Donald Trump pulls forward in race

The falls in oil came as prices for gold, a traditional safehaven for investors in times of uncertainty jumped

US Election 2016: Oil prices tumble as Donald Trump pulls forward in race
Updated On : 09 Nov 2016 | 9:39 AM IST

Oil prices bounce after Opec reaffirms plan to cut output

Secretary-General of the Opec assures on the group's commitment to a deal made in Algiers to cut output

Oil prices bounce after Opec reaffirms plan to cut output
Updated On : 07 Nov 2016 | 5:41 PM IST

Oil prices bounce back after week of sharp falls

Last week's losses were the steepest since January

Oil prices bounce back after week of sharp falls
Updated On : 07 Nov 2016 | 11:29 AM IST

Oil ends down on US inventory surge, doubts on Opec resolve

US crude falls 68 cents, or 1.5 per cent, to settle at $44.66 per barrel

Oil ends down on US inventory surge, doubts on Opec resolve
Updated On : 04 Nov 2016 | 3:03 AM IST

Weaker dollar lifts oil prices from five-week low

Concerns over supply disruptions in Nigeria also supported prices

Weaker dollar lifts oil prices from five-week low
Updated On : 03 Nov 2016 | 8:56 AM IST

Oil ends down after one-month low

Ahead of likely US inventory data release

Oil ends down after one-month low
Updated On : 02 Nov 2016 | 3:54 AM IST