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I am more optimistic than before on Brent crude: Mark To  

16-01-2018| Source:CNBC-TV18

Oil prices trade near 3-year high. Brent crude prices are now near levels last seen before the start of an oil market slump in late 2014. In an interview with CNBC-TV18, Mark To, Head of Research

Oil hovers below $70 highs, clouded by rise in US output

15-01-2018| Source:Reuters

US West Texas Intermediate (WTI) crude futures were unchanged at USD 64.30 a barrel. Trading was relatively slow due to a national holiday in the United States.

Oil near three-year highs on output cuts despite rising North American rig count

15-01-2018| Source:Reuters

Brent crude futures, the international benchmark for oil prices, were at $69.85 per barrel at 0412 GMT, down 2 cents from their last close.

Burning Iranian oil tanker sinks off China coast, 32 crew members dead

14-01-2018| Source:PTI

The 274-meter-long Sanchi, carrying 136,000 tonnes of light crude oil from Iran to South Korea, had been burning since colliding with the CF Crystal, a Hong Kong-registered bulk freighter, about 300

Cairn India to invest Rs 37,000 crore to ramp up production

14-01-2018| Source:PTI

The investment will be made over the next few years, which will enhance the production of crude oil.

Diesel prices burn holes in pockets on account of firming crude oil price in the Indian basket

13-01-2018| Source:NEWS18.com

Fuel prices are now dynamic and unregulated which means prices change on a daily basis based on the crude oil rates and the demand and supply mechanism.

As oil hits $70, warning lights flash up in Asia

12-01-2018| Source:Reuters

Prices for Brent crude oil futures, the international benchmark for oil prices, have risen by more than 50 percent since mid-2017 and hit $70 per barrel this week for the first since December

Oil dips away from levels last seen in late 2014, but analysts say market supported

12-01-2018| Source:Reuters

to move higher as inventories normalise," Bahl said.U.S. commercial crude oil inventories fell almost 5 million barrels in the week to Jan. 5, to 419.5 million barrels.That's slightly below the five

IOC buys third shipload of US crude oil

11-01-2018| Source:PTI

India, the world's third-largest oil importer, joins Asian countries like South Korea, Japan and China to buy US crude after production cuts by oil cartel OPEC drove up prices of Middle East

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