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Latest Crudeoil News

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Oil prices fall close to four- month lows on China

28-07-2015| Source:Reuters

oil prices.

Oil imports from Saudi Arabia down 8%

27-07-2015| Source:PTI

Crude oil import from Saudia Arabia was cut to 34.99 million tonnes in the year to March 31, 2015 from 38.18 MT in 2013-14, Oil Minister Dharmendra Pradhan said on Monday.

Oil prices rebound in Asia but crude oversupply weighs

24-07-2015| Source:PTI

Oil prices rose in Asia on Friday following recent losses but analysts said the rebound is unlikely to be sustained because of a global crude glut.

As crude gets crushed, traders play for $40 oil

24-07-2015| Source:CNBC

Crude oil fell another 1.5 percent on Thursday, settling at USD 48.48, the lowest level since March 31. And some traders say even lower prices are ahead.

As crude gets crushed, traders play for $40 oil

24-07-2015| Source:CNBC

Crude oil fell another 1.5 percent on Thursday, settling at USD 48.48, the lowest level since March 31. And some traders say even lower prices are ahead.

China no longer global growth locomotive: El-Erian  

23-07-2015| Source:CNBC

, the Reuters CRB Commodity Index has recently sunk, with gold at its lowest levels since March 2010 and a rally in crude oil sputtering out.Economic weakness is not limited to China, El-Erian said. Of the BRICS

Expect Crude oil prices to trade lower: Angel Commodities

23-07-2015| Source:Moneycontrol.com

According to Angel Commodities, Crude oil prices are expected to trade lower today.

Expect Crude oil prices to trade negative: Sushil Finance

23-07-2015| Source:Moneycontrol.com

According to Sushil Finance, crude oil prices are expected trade negative on the back of Iran nuclear deal that would increase Crude oil supplies.

World Bank raises oil forecastbut dont get too hopeful

23-07-2015| Source:CNBC

Crude oil is now expected to average USD 57 per barrel for the yearup from the World's Bank's estimate of USD 53 per barrel back in April.

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