Oct 09, 2015 at 12:00 | Source: Moneycontrol.com
Globally, Asian markets traded higher on a positive US lead. Nikkei and Shanghai gained more than 1 percent. In commodities, Brent crude inched towards USD 54 a barrel, up 1.5 percent and Nymex crude climbed above USD 50 a barrel, up 1.88 percent.
Oct 07, 2015 at 08:08 | Source: CNBC
Goldman Sachs stirred energy investors last month when its head of commodity research warned of rising risks of oil prices falling as low as USD 20 per barrel, in a message that was reiterated on Tuesday.
Oct 07, 2015 at 08:04 | Source: Reuters
Global benchmark Brent crude LCOc1 rallied for a third straight day and closed above USD 50 a barrel the first time in a month. In post-settlement trade, it briefly jumped USD 3 after an industry group reported an unexpected weekly drop in US crude stockpiles.
Oct 06, 2015 at 15:14 | Source: Reuters
Indian Oil Corp, India's biggest refiner, accounted for most of September's rise from the previous month, taking a very large crude carrier carrying two million barrels of oil for its recently commissioned 300,000 barrel-per-day (bpd) Paradip refinery on the nation's east coast, the data showed.
Oct 06, 2015 at 07:54 | Source: PTI
US benchmark West Texas Intermediate for delivery in November won USD 1.11 to USD 46.65 a barrel compared with Friday's close. Brent North Sea crude for November delivery jumped USD 1.38 to stand at USD 49.51 a barrel in late London deals.
Oct 05, 2015 at 12:03 | Source: Reuters
Brent rose 30 cents to USD 48.43 a barrel by 0420 GMT after it finished up 44 cents on Friday, while US crude rose 32 cents to USD 45.86 a barrel after settling up 80 cents, buoyed by news that Russia was ready to meet OPEC, non-OPEC producers for consultations.
Oct 03, 2015 at 13:12 | Source: CNBC
Softer-than-expected US jobs data and other economic statistics had weighed on oil earlier, along with reduced threats to oil installations in the US East Coast from Hurricane Joaquin.
Oct 02, 2015 at 11:45 | Source: PTI
In late-morning Asian trade, US benchmark West Texas Intermediate for November delivery advanced 54 cents to USD 45.28 and Brent crude for November added 44 cents to USD 48.13 a barrel.
Oct 01, 2015 at 20:13 | Source: Reuters
Brent crude was up USD 1.00 at USD 49.37 a barrel as of 0935 GMT and earlier reached USD 49.47, its highest since September 23. US crude gained USD 1.19 to USD 46.28.
Sep 30, 2015 at 09:43 | Source: Reuters
The American Petroleum Institute said late on Tuesday that US crude oil stockpiles rose by 4.6 million barrels to 457.8 million barrels in the week to September 25. Analysts polled by Reuters had expected an increase of only 102,000 barrels.