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  • Oil rises to near $94 as US supplies of crude drop Jun 06, 2013 12:28 PM IST

    Oil rises to near $94 as US supplies of crude drop

    Analysts expected a drop of one million barrels. Separately, the American Petroleum Institute said stockpiles shrank by 464,000 to 387.3 million barrels. Tighter supplies tend to push oil prices higher.

  • Oil mixed in Asia ahead of OPEC meeting Jun 08, 2011 09:01 AM IST

    Oil mixed in Asia ahead of OPEC meeting

    Oil was mixed in Asian trade Wednesday ahead of an OPEC ministerial meeting due to take place later in Vienna, analysts said. New York's main contract, light sweet crude for July delivery, gained seven cents to USD 99.16 a barrel and Brent North Sea crude for July delivery lost 48 cents to USD 116.30.

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