Business Standard

Page 62 - Oil Prices

Oil prices fall on higher OPEC output, rise in US crude stocks

OPEC on Wednesday reported its oil production climbed in September to the highest in at least eight years

Oil prices fall on higher OPEC output, rise in US crude stocks
Updated On : 13 Oct 2016 | 2:09 PM IST

Oil prices fall on higher OPEC output, rise in US crude stocks

OPEC on Wednesday reported its oil production climbed in September to the highest in at least eight years

Oil prices fall on higher OPEC output, rise in US crude stocks
Updated On : 13 Oct 2016 | 11:28 AM IST

Oil glut to last until mid-2017 unless OPEC cuts output: IEA

IEA said the oil price has risen by 15% since the announcement of OPEC's agreement to cut output on Sept 28

Oil glut to last until mid-2017 unless OPEC cuts output: IEA
Updated On : 11 Oct 2016 | 2:24 PM IST

IEA says oil market may rebalance faster if OPEC sticks to target

World oil demand to grow at a rate of 1.2 million bpd next year, IEA said

IEA says oil market may rebalance faster if OPEC sticks to target
Updated On : 11 Oct 2016 | 2:13 PM IST

BP boss Robert Dudley sees oil prices at $55-$70 for rest of decade

Dudley was speaking at the World Energy Congress in Istanbul

BP boss Robert Dudley sees oil prices at $55-$70 for rest of decade
Updated On : 11 Oct 2016 | 1:51 PM IST

Oil prices dip but stay near 1-year highs on expected output cut

Goldman Sachs said that despite a production cut becoming a 'greater possibility', markets were unlikely to rebalance in 2017

Oil prices dip but stay near 1-year highs on expected output cut
Updated On : 11 Oct 2016 | 9:23 AM IST

Oil eases off four-month high as speculators doubt deal to cut output

Saudi Arabia's Energy Minister Khalid al-Falih said on Monday that OPEC should not cut oil supply too steeply

Oil eases off four-month high as speculators doubt deal to cut output
Updated On : 10 Oct 2016 | 2:55 PM IST

Oil prices fall over doubts that non-OPEC producers will cut output

OPEC's second biggest producer Iraq said over the weekend that it wants to raise output further in 2017

Oil prices fall over doubts that non-OPEC producers will cut output
Updated On : 10 Oct 2016 | 11:46 AM IST

Oil prices ease from June highs on weaker physical market

Brent futures were down 20 cents, or 0.39 per cent, at $51.66 per barrel

Oil prices ease from June highs on weaker physical market
Updated On : 06 Oct 2016 | 2:15 PM IST

Oil prices ease from June highs on weaker physical market

There were also risks of forced supply disruptions, especially in North Africa, Nigeria, and Venezuela

Oil prices ease from June highs on weaker physical market
Updated On : 06 Oct 2016 | 12:27 PM IST

Oil prices dip after reaching June highs following US crude stock draw

International Brent crude futures were down 24 cents at $51.62 per barrel

Oil prices dip after reaching June highs following US crude stock draw
Updated On : 06 Oct 2016 | 8:32 AM IST

Oil prices rise on report of US crude stock draw

Benchmark Brent crude was trading at $51.38 per barrel, up 51 cents, or 1.0 per cent

Oil prices rise on report of US crude stock draw
Updated On : 05 Oct 2016 | 3:48 PM IST

Oil prices rise on report of US crude stock draw

In international oil markets, benchmark Brent crude futures were trading at $51.29 per barrel, up 42 cents, or 0.8 per cent

Oil prices rise on report of US crude stock draw
Updated On : 05 Oct 2016 | 10:49 AM IST

Oil prices rise on report of US crude stock draw

In international oil markets, benchmark Brent crude futures were trading at $51.29 per barrel, up 42 cents, or 0.8 per cent

Oil prices rise on report of US crude stock draw
Updated On : 05 Oct 2016 | 9:08 AM IST

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

International Brent crude oil futures were trading at $50.79 per barrel

Oil prices dip on surging Iran sales, but looming OPEC deal offers support
Updated On : 04 Oct 2016 | 8:31 AM IST

Oil prices stable on planned OPEC cut, but current glut still weighs

International benchmark Brent crude futures were trading at $50.25 per barrel

Oil prices stable on planned OPEC cut, but current glut still weighs
Updated On : 03 Oct 2016 | 1:44 PM IST

Oil prices slide on profit-taking after two-day jump

Also, doubts are that OPEC's first planned output cut in eight years would make a substantial dent in the global crude glut

Oil prices slide on profit-taking after two-day jump
Updated On : 30 Sep 2016 | 1:54 PM IST

Oil prices down on profit-taking after two-day jump

OPEC agreed on Wednesday to cut output to 32.5-33.0 million bpd from around 33.5 million bpd

Oil prices down on profit-taking after two-day jump
Updated On : 30 Sep 2016 | 11:45 AM IST

Oil prices, stocks up on surprise OPEC deal; gains seen fizzling

Oil prices extended gains after rising nearly 6% on Wednesday after OPEC struck a deal to limit crude output

Oil prices, stocks up on surprise OPEC deal; gains seen fizzling
Updated On : 29 Sep 2016 | 9:42 AM IST

Oil climbs after industry data shows US inventory draw

Brent crude rose 12 cents to $46.09 a barrel

Oil climbs after industry data shows US inventory draw
Updated On : 28 Sep 2016 | 1:57 PM IST