Business Standard

Page 66 - Oil Prices

Oil prices dip on economic concerns, demand worries

Analysts said that concerns over the global economy were weighing on the outlook for oil demand and on prices

Oil prices dip on economic concerns, demand worries
Updated On : 05 Jul 2016 | 11:10 AM IST

Oil prices edge up as Brent pushes further above $50

Prices went up after Nigerian militants claimed five attacks on the country's oil and gas infrastructure

Oil prices edge up as Brent pushes further above $50
Updated On : 04 Jul 2016 | 10:41 AM IST

Oil prices spike on tight market outlook, expected fiscal stimulus

Brent crude was trading at $50.04 a barrel, while US WTI was up 28 cents at $48.61 a barrel

Oil prices spike on tight market outlook, expected fiscal stimulus
Updated On : 01 Jul 2016 | 7:51 AM IST

Oil prices dip on oversupply concerns

Supply outlook has improved after looming strike action in Norway - one of the biggest producers of North Sea crude - was called off

Oil prices dip on oversupply concerns
Updated On : 30 Jun 2016 | 11:03 AM IST

Oil prices edge up more after Brexit shock

Crude oil rose more on Wednesday as traders moved money back into markets hit by the initial shock of Britain's vote to leave the European Union, while a potential oil workers strike in Norway and a crisis in Venezuela's oil sector also provided support.Brent crude futures were 31 cents higher at $48.89 per barrel at 1219 GMT. US crude was up 40 cents to $48.25 a barrel.

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Updated On : 29 Jun 2016 | 10:40 PM IST

Oil prices up in Asia but concerns over Brexit remain

Financial markets are still reeling from Brexit's fallout as investors sell riskier assets and flock to safe bets amid global economic uncertainty

Oil prices up in Asia but concerns over Brexit remain
Updated On : 28 Jun 2016 | 9:58 AM IST

Oil prices rise on looming Norway strike, but Brexit still weighs

About 755 Norwegian workers on seven oil and gas fields could go on strike from Saturday, hitting output from the North Sea's top producer

Oil prices rise on looming Norway strike, but Brexit still weighs
Updated On : 28 Jun 2016 | 7:25 AM IST

Oil down 2 per cent as dollar strength, Brexit uncertainty continue

Research houses to allay fears, pointed out that Britain's demand for fuel is negligible at the global leve

Oil down 2 per cent as dollar strength, Brexit uncertainty continue
Updated On : 27 Jun 2016 | 9:50 PM IST

Oil prices fall as Brexit lingers, refined products glut looms

According to analysts, Britain's vote to leave the EU will not have a big effect on fundamental oil demand

Oil prices fall as Brexit lingers, refined products glut looms
Updated On : 27 Jun 2016 | 12:09 PM IST

Oil extends slide on worries about impact of Brexit

Global markets took a beating Friday, with some $2.1 trillion wiped off valuations and the British pound plunging to 31-year lows against the dollar

Oil extends slide on worries about impact of Brexit
Updated On : 27 Jun 2016 | 10:52 AM IST

Oil prices plunge 5% as Britain votes to leave EU

Brent crude settled down 4.9% or $2.50 at $48.41 a barrel

Oil prices plunge 5% as Britain votes to leave EU
Updated On : 25 Jun 2016 | 10:25 AM IST

Oil prices rise as markets on tenterhooks ahead of Brexit referendum

Brent was up 41 cents at $50.29 a barrel, while US crude traded at $49.56 a barrel, up 43 cents

Oil prices rise as markets on tenterhooks ahead of Brexit referendum
Updated On : 23 Jun 2016 | 1:18 PM IST

Oil prices trade above $50, buoyed by US stock draw

Brent traded at $50.87 a barrel, while US crude futures was seen at $50.20 a barrel

Oil prices trade above $50, buoyed by US stock draw
Updated On : 22 Jun 2016 | 8:00 AM IST

Oil prices fall for first time in three days

While concerns over a British exit fade into the background, however briefly, supply issues are back in focus

Oil prices fall for first time in three days
Updated On : 21 Jun 2016 | 1:54 PM IST

US oil falls to three-week low on inventory gains, Brexit fears

US crude fell to $47.55 as the contract dropped for a fifth day

US oil falls to three-week low on inventory gains, Brexit fears
Updated On : 20 Jun 2016 | 3:04 PM IST

Oil extends rebound on weak dollar, easing Brexit fears

The US dollar fell for the fourth day in a row today, trading lower against most major currencies

Oil extends rebound on weak dollar, easing Brexit fears
Updated On : 20 Jun 2016 | 2:26 PM IST

Global oil majors look to shed refineries as crude prices rebound

Cash strapped oil companies like Chevron and Royal Dutch Shell are selling small refineries to trim lower-margin assets

Global oil majors look to shed refineries as crude prices rebound
Updated On : 17 Jun 2016 | 11:36 AM IST

Oil slides 3%, hits 1-month low as dollar jumps

Since June 9, Brent has lost about $5 a barrel, or nearly 10 per cent. Prior to that, it hit an eight-month high of nearly $53 on supply disruptions out of Nigeria and Canada

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Updated On : 17 Jun 2016 | 1:06 AM IST

Oil futures down on US stockpile report, Brexit concern

US crude stocks fell last week, the government said on Wednesday, but the decline was much smaller than anticipated

Oil futures down on US stockpile report, Brexit concern
Updated On : 16 Jun 2016 | 7:16 AM IST

Oil prices drop further on supply, Britain EU exit fears

WTI has fallen 7.5% from last week's 11-month peak and Brent is down 5.5% from its eight-month high

Oil prices drop further on supply, Britain EU exit fears
Updated On : 15 Jun 2016 | 12:46 PM IST