Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Brent prices tick up, trade above $62 as global markets rebound
Tue, Feb 13, 2018
Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week. US West Texas Intermediate (WTI) crude futures were at $59.44 a barrel at 0103 GMT. That was up 15 cents, or 0.25 per cent, from their last settlement.
Oil retreats after hitting 2015 highs
Sat, Jan 06, 2018
Oil prices have received general support from production cuts led by OPEC and Russia
Oil dips from mid-2015 highs as higher output looms
Wed, Jan 03, 2018
Brent crude futures were at $66.74 a barrel, up 17 cents, still trailing yesterday`s high of $67.29
Oil prices edge up on expected drop in U.S. crude stocks
Tue, Dec 05, 2017
Oil markets nudged higher on Tuesday, buoyed by expectations of a drop in U.S. crude stockpiles and after last week`s deal between OPEC and other crude producers to extend output curbs.
Oil falls on doubts over extending output cuts, surprise rise in US crude stocks
Wed, Nov 29, 2017
Oil prices fell on Wednesday on doubts OPEC and Russia will agree on extending a crude production cut that the market has already priced in, and after a report of an unexpected rise in U.S. crude oil inventories.
Strong start to summer driving season pushes U.S. oil towards $50
Tue, May 30, 2017
U.S. crude oil prices rose towards $50 per barrel on Tuesday as a strong start to the summer driving season in the United States suggested strong fuel demand in months ahead.
Oil prices pinned near five-month low as supply glut weighs
Fri, May 05, 2017
"So far OPEC`s strategy to draw down inventories has not worked ... It seems obvious to us that OPEC will need to keep the cuts in place for longer than the next 6 months if their strategy is to have any chance of success," Neil Beveridge, senior oil and gas analyst at AB Bernstein in Hong Kong said in a note to clients on Friday.
Oil prices mixed after U.S. production seen rising
Tue, Apr 18, 2017
Crude oil prices were mixed in thin trading on Tuesday after the Easter holiday break shut many markets for as long as four days and a U.S. government report indicated rising production, which may keep a cap on prices after recent gains.
Oil hits 5-week top on geopolitical tensions, strong demand
Tue, Apr 11, 2017
Crude oil climbed to a five-week high on Tuesday, with prices underpinned by tensions following a U.S. missile strike on Syria and a shutdown at Libya`s largest oilfield. Additional support also came from expectations of strong demand as the U.S. summer driving season kicks in.
US oil rises after dropping below $50 for first time since December
Fri, Mar 10, 2017
US crude oil prices edged up on Friday for the first time after dropping below $50 per barrel since December in the previous session.
Oil prices rise in anticipation of tighter 2017 market
Mon, Dec 19, 2016
Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.
Oil prices edge up as Kuwait cuts supplies by more than expected
Fri, Dec 16, 2016
Oil prices edged up on Friday after market sources said Kuwait had told customers it was cutting supplies by more than initially expected from January as part of a coordinated effort by oil producers to drain a global glut.
Asian stocks recover after Italy-fuelled sell-off
Tue, Dec 06, 2016
Asian stocks rallied while the euro held up and high-yielding currencies rebounded as investors rediscovered their desire for risk assets after the previous day`s losses fuelled by Italian uncertainty.
Oil markets jittery ahead of OPEC meeting later in day
Wed, Nov 30, 2016
Oil markets were jittery on Wednesday ahead of an OPEC meeting later in the day, with members of the producer cartel trying to thrash out an output cut to curb oversupply that has seen prices more than halve since 2014.
WATCH: Top stories of this afternoon; From rise in gold, silver prices to West Texas Intermediate trading around $45 per billion barrel
Tue, Nov 08, 2016
Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top stories of this afternoon: * Gold up by Rs 20 & silver rises by Rs 150
Oil prices fall for fourth day after stockpile build
Wed, Nov 02, 2016
Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official US stockpile figures later in the day after less comprehensive industry data showed a surprise build in inventories.
Oil rises on reported US crude inventory draw, expected OPEC cut
Wed, Oct 19, 2016
Oil prices rose over 1% on Wednesday, lifted by a report of falling US crude inventories and an OPEC statement saying a planned production cut was achievable, but analysts warned that Chinese economic data could erode bullish momentum.
Oil edges up as analysts say market could be closer to balance than expected
Tue, Oct 18, 2016
Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggested by many, with global inventories rising less than expected ahead of the high-demand winter heating season in the northern hemisphere.
Crude oil edges up before producer talks on output curbs
Wed, Oct 12, 2016
Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.
Oil prices dip but stay near 1-year highs on expected output cut
Tue, Oct 11, 2016
Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year peak, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members like Russia in curbing crude output was possible.