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US crude News
Oil futures pare gains after U.S. inventories surge most on record
Thu, Apr 09, 2020
Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts
Petrol, diesel prices down in India despite global crude touching 2-week high
Fri, Feb 23, 2018
State-owned oil marketing companies (OMCs) like IOCL, Bharat Petroleum Corp Limited (BPCL) and Hindustan Petroleum Corp Limited (HPCL) have started to bring petrol and diesel prices from February 8.
Petrol, Diesel price down gradually in India, as crude oil tumbles
Tue, Feb 13, 2018
Petrol has tumbled in the range of 85 paisa to 91 paisa per litre, whereas diesel prices have come down between Rs 1.20 and Rs 1.28 per litre.
Petrol, diesel prices reverse trend in India, record fifth-consecutive decline
Mon, Feb 12, 2018
Price rise in fuel product has been since start of 2018, despite FM Arun Jaitley trimming down excise duty on various products, especially fuel products, during FY19 Budget.
Oil hits $71 for first time since 2014 on tighter supply and weak dollar
Thu, Jan 25, 2018
The Organization of the Petroleum Exporting Countries and allies including Russia began to curb supplies in 2017.
Global Markets: Bumper year for stocks and commodities, downer for the dollar
Fri, Dec 29, 2017
Asian markets were ending 2017 in a party mood on Friday after a year in which a concerted pick-up in global growth boosted corporate profits and commodity prices, while benign inflation kept central banks from taking away the monetary punch bowl.
Oil soars, US crude hits $60/bbl for first time since mid-2015
Wed, Dec 27, 2017
Brent crude, the international benchmark for oil prices, settled at $67.02 a barrel, up by $1.77, or 2.71 percent. During the session, front-month prices touched a high of $67.10 a barrel, their highest since mid-May 2015.
Global markets: Asian shares droop, yen gains as Korean tensions rise
Tue, Sep 26, 2017
North Korea`s foreign minister said on Monday that a weekend tweet by President Donald Trump counted as a declaration of war on North Korea and that Pyongyang reserved the right to take countermeasures, including shooting down U.S. bombers even if they are not in its air space.
Dollar, Treasury yields jump on Fed jolt as Trump speech looms
Wed, Mar 01, 2017
US 10-year Treasury yields also climbed to 2.4203 on Wednesday.
In mammoth task, BP sends almost 3 million barrels of US oil to Asia
Wed, Dec 07, 2016
Oil major BP is shipping almost 3 million barrels of US crude to customers across Asia, pioneering a lengthy and complex operation likely to become more popular after OPEC last week announced deep production cuts.
Oil dips back below $50 on economic worries
Tue, Jul 05, 2016
"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industrial demand growth trends," Barclays said in a report.