Sep 29, 2016 at 08:50 | Source: CNBC-TV18
Till the final decision on November 30 meeting, one could expect to find a floor for crude oil prices, said Mriganka Jaipuriyar, Associate Editorial Director, Platts.
Sep 21, 2016 at 09:44 | Source: PTI
The first crude shipment from Libya in two years had no immediate impact on prices a week before OPEC producers and Russia meet in Algeria to discuss ways to stabilise prices.
Sep 20, 2016 at 10:32 | Source: PTI
The commodity plunged last week on supply glut worries but bounced slightly yesterday after OPEC member Venezuela said a deal to limit output was close. Unrest in key producers Libya and Nigeria also raised the prospect their exports would be hit.
Sep 19, 2016 at 15:42 | Source: Moneycontrol.com
According to Achiievers Equities,Crude oil prices ended with losses as rising exports in Iran, Libya and Nigeria sparked fresh supply glut concerns.
Sep 19, 2016 at 11:02 | Source: PTI
Key crude states are due to meet in Algeria next week to discuss the global supply crisis and overproduction that has hammered prices for two years.
Sep 19, 2016 at 08:12 | Source: Reuters
Brent crude futures LCOc1 were trading at USD 46.39 per barrel at 0046 GMT (08:46 p.m. EDT), up 62 cents, or 1.4 percent, from their last settlement. US West Texas Intermediate futures CLc1 were up 63 cents, or 1.5 percent, at USD 43.66 a barrel.
Sep 16, 2016 at 11:20 | Source: PTI
Both contracts rose yesterday on news that 6,000 barrels of gasoline had leaked from the Colonial pipeline that carries fuel from the Gulf Coast to the eastern United States.
Sep 16, 2016 at 08:12 | Source: Reuters
Brent crude futures were trading at USD 46.32 per barrel at 0107 GMT, down 27 cents, or 0.6 percent, from their last settlement. US West Texas Intermediate futures were down 24 cents, or 0.6 percent, at USD 43.67 a barrel.
Sep 15, 2016 at 10:38 | Source: PTI
Both main contracts tumbled almost three percent Wednesday after the US Energy Information Administration said gasoline and distilled products inventories rose last week, dampening news of a surprise fall in crude supplies.
Aug 30, 2016 at 09:48 | Source: Reuters
The potential return to the market of some 1.5 million barrels per day of supply from Libya and Nigeria and uncertainty about Iranian and Iraqi production levels could push a rebalancing further away than many in the oil industry are hoping.