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Asian oil prices News
Asian oil prices
Oil slips on worries that economic slowdown could weigh on fuel demand
Tue, Nov 06, 2018
Oil prices slipped on Tuesday as concerns that an economic slowdown may curb fuel demand growth overshadowed the reintroduction of sanctions on Iran. U.S. West Texas Intermediate (WTI) crude futures were at $62.93 a barrel at 0131 GMT, down 17 cents, or 0.3 percent, from their last settlement.
Oil price crisis: India to form oil buyers club to counter OPEC?
Thu, Jun 14, 2018
Production cuts by OPEC have led to international oil prices hitting a four year high last month that forced a Rs 3.8 per litre hike in petrol and Rs 3.38 a litre increase in diesel prices. Rates started to cool towards month end and retail prices have been cut thereafter.
Asian oil prices slip on strong dollar, firm global supplies
Mon, May 23, 2016
In a further sign of abundant supply, the number of rigs operated by US drillers was steady last week for the first time this year.