Nov 26, 2015 at 17:38 | Source: Reuters
Concerns that the downing of a Russian jet by Turkey on Monday helped push up oil prices this week on the risk that rising geopolitical tension could hit Middle East supplies.
Nov 26, 2015 at 09:50 | Source: Reuters
Traders and investors also covered short positions before US markets close for Thursday's Thanksgiving holiday, analysts said.
Nov 25, 2015 at 20:39 | Source: PTI
On industry's demand for anti-dumping duty on copper, Ravi Capoor Joint Secretary Ministry of Commerce and Industry asked the industry to push for safeguard duty as was done in the case of steel.
Nov 25, 2015 at 14:34 | Source: Reuters
While Moscow may consult OPEC oil ministers before their six-monthly meeting next week, the chances of it helping to halt the price slide remain slim.
Nov 24, 2015 at 10:27 | Source: Reuters
Crude imports from points east of India, mainly Malaysia and Australia, surged to 187,000 barrels per day (bpd) in October, the highest since April 2014, according to ship tracking data obtained from sources and compiled by Thomson Reuters Oil Research & Forecasts.
Nov 24, 2015 at 09:07 | Source: Reuters
Benchmark Brent futures for January contract LCOc1 climbed 38 cents or 0.85 percent at USD 45.21 a barrel as of 0121 GMT after it settled up 17 cents at USD 44.83 a barrel on Monday.
Nov 24, 2015 at 08:51 | Source: CNBC
Oil surged Monday on remarks from Saudi officials that the country is willing to work with oil producing and exporting countries, both inside and outside of OPEC to maintain market and price stability. West Texas Intermediate crude futures shot higher after the comments but then fell back and fluctuated.
Nov 24, 2015 at 07:00 | Source: Moneycontrol.com
Globally, US markets closed mildly lower as investors eyed fluctuations in oil prices and eyed economic reports in the shortened Thanksgiving holiday week.
Nov 23, 2015 at 22:08 | Source: Reuters
Prices rallied briefly after Saudi Arabia said in a statement the kingdom remained ready to work with other producing and exporting countries to stabilize prices.
Nov 23, 2015 at 08:20 | Source: Reuters
Benchmark front-month Brent futures for January LCOc1 had fallen 38 cents, or 0.85 percent, to USD 44.28 a barrel as of 0133 GMT, after it ending up 48 cents at USD 44.66 a barrel on Friday.