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  • Oil unchanged after overnight losses amid caution over trade talks Nov 07, 2019 08:30 AM IST

    Oil unchanged after overnight losses amid caution over trade talks

    Brent crude futures were flat at $61.74 a barrel by 0158 GMT. Prices fell $1.22, or almost 2% on Wednesday.

  • Oil slips on huge US crude build; hopes for US-China trade talks check losses Nov 06, 2019 07:58 AM IST

    Oil slips on huge US crude build; hopes for US-China trade talks check losses

    Brent crude futures were at $62.73 a barrel by 0120 GMT, down 23 cents, or 0.4%, from their previous settlement. Brent settled up 1.3% at $62.96 a barrel.

  • Oil edges down; eyes on data amid trade deal hopes Nov 04, 2019 08:25 AM IST

    Oil edges down; eyes on data amid trade deal hopes

    Prices jumped more than 3% on Friday after the world's two largest economies said they had made progress on trade talks while U.S. officials said the deal could be signed this month.

  • Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output Nov 01, 2019 08:25 AM IST

    Oil prices stabilise, but set for big weekly loss amid trade gloom, rising output

    U.S. crude surfaced for air for the first time in four days, gaining 15 cents, or 0.3%, to $54.33 a barrel by 0103 GMT. The contract was heading for a weekly loss of more than 4%.

  • Oil prices rise as investors put hopes on China stimulus Oct 31, 2019 08:35 AM IST

    Oil prices rise as investors put hopes on China stimulus

    Brent crude futures were up 24 cents, or 0.4%, at $60.85 a barrel by 0221 GMT, having fallen earlier in the session. They dropped by 1.6% on Wednesday.

  • Oil prices drop, US falls for third day as Cushing stocks rise Oct 30, 2019 08:05 AM IST

    Oil prices drop, US falls for third day as Cushing stocks rise

    U.S. West Texas Intermediate (WTI) crude was down 18 cents, or 0.3%, at $55.36 a barrel, having dropped 0.5% in the previous session.

  • Oil prices edge lower ahead of inventory data Oct 29, 2019 08:00 AM IST

    Oil prices edge lower ahead of inventory data

    Brent futures were down 3 cents at $61.54 a barrel by 0137 GMT, having fallen 0.7% on Monday.

  • Oil drops after data shows industrial profits decline in China Oct 28, 2019 10:25 AM IST

    Oil drops after data shows industrial profits decline in China

    Brent crude was down 12 cents, or 0.2%, at $61.90 a barrel by 0409 GMT, having gained more than 4% last week, its best weekly gain since Sept. 20.

  • Oil pares US stock-draw gains on weak demand outlook Oct 24, 2019 07:50 AM IST

    Oil pares US stock-draw gains on weak demand outlook

    Brent crude futures fell 39 cents, or 0.6%, to $60.78 a barrel by 0111 GMT. The international benchmark crude rose 2.5% on Wednesday to settle at $61.17 a barrel, levels not seen since Sept. 30.

  • Oil falls on US stockbuild; deeper output cut prospects give support Oct 23, 2019 10:32 AM IST

    Oil falls on US stockbuild; deeper output cut prospects give support

    Brent crude futures dropped 31 cents, or 0.52 percent, to $59.39 a barrel by 0405 GMT on Wednesday.

  • Oil prices edge up on US-China trade optimism, but demand concerns cap Oct 22, 2019 08:10 AM IST

    Oil prices edge up on US-China trade optimism, but demand concerns cap

    Brent crude futures were at $59.10 a barrel by 0027 GMT, up 14 cents, or 0.2%, from their previous settlement. Brent settled down 0.8% at $58.96.

  • Oil prices steady, all eyes on data seen showing China GDP growth slowdown Oct 18, 2019 09:02 AM IST

    Oil prices steady, all eyes on data seen showing China GDP growth slowdown

    Global benchmark Brent crude oil futures fell by 9 cents, 0.2%, to $59.82 a barrel by 0039 GMT.

  • Oil prices fall on signs of large US stock build Oct 17, 2019 09:45 AM IST

    Oil prices fall on signs of large US stock build

    Global benchmark Brent crude oil futures was down by 47 cents, or 0.8%, at $58.95 a barrel by 0330 GMT.

  • Chart of the Day | Why are non-oil exports in September 2019 lower than what they were in September 2014? Oct 16, 2019 10:56 AM IST

    Chart of the Day | Why are non-oil exports in September 2019 lower than what they were in September 2014?

    The shrinking of India’s non-petroleum product exports is an indication of loss of competitiveness

  • Oil prices extend losses as weak China data compounds US-China trade deal doubts Oct 15, 2019 08:05 AM IST

    Oil prices extend losses as weak China data compounds US-China trade deal doubts

    Brent crude futures fell 30 cents, or 0.5%, to $59.067 barrel by 0142 GMT, while U.S. West Texas Intermediate (WTI) crude futures was at $53.38 a barrel, down 21 cents or 0.4%.

  • Oil prices ease on scant details of US-China trade deal Oct 14, 2019 11:14 AM IST

    Oil prices ease on scant details of US-China trade deal

    Brent crude futures edged down by 25 cents to $60.26 a barrel by 0436 GMT, while U.S. West Texas Intermediate (WTI) crude futures was at $54.45 a barrel, down 25 cents.

  • Oil prices surge as Iranian tanker hit by double blast off Saudi Arabia Oct 11, 2019 01:39 PM IST

    Oil prices surge as Iranian tanker hit by double blast off Saudi Arabia

    The National Iranian Tanker Company, which owns the ship, said the hull of the Sabiti suffered two separate explosions off the Saudi coast, adding they were "probably caused by missile strikes".

  • Oil rises on hopes for deeper OPEC output cuts, US-China trade talks Oct 11, 2019 08:40 AM IST

    Oil rises on hopes for deeper OPEC output cuts, US-China trade talks

    International benchmark Brent crude futures were at $59.26 a barrel by 0251 GMT, up 16 cents, or 0.3%, from their previous settlement. Brent settled up 1.3% at $59.10 a barrel on Thursday.

  • King dollar rattles currencies, commodities; stocks rise Aug 01, 2019 10:58 PM IST

    King dollar rattles currencies, commodities; stocks rise

    After the Fed lowered its benchmark rate by 25 basis points, Chairman Jerome Powell said that the central bank's first rate cut in over a decade was "not the beginning of a long series of rate cuts."

  • Iran hopeful India will act in its national interest on oil imports issue Jul 02, 2019 10:43 PM IST

    Iran hopeful India will act in its national interest on oil imports issue

    The Iranian envoy also alluded to the possibility of using barter, rupee and European mechanisms for trade in oil with India and other countries to circumvent the US sanctions.

  • Crude oil futures fall on weak global cues Jun 12, 2019 02:05 PM IST

    Crude oil futures fall on weak global cues

    Crude oil contracts for July delivery also fell by Rs 90, or 2.4 per cent, to Rs 3,661 per barrel in a business volume of 2,080 lots.

  • Oil slides on rising US crude stockpiles, Saudi vow to keep market balanced May 22, 2019 08:50 AM IST

    Oil slides on rising US crude stockpiles, Saudi vow to keep market balanced

    Brent crude futures were down 38 cents, or 0.5 percent, at $71.80 at barrel by 0219 GMT, having risen 21 cents on Tuesday.

  • Oil prices ease on expectation that OPEC will raise output Apr 26, 2019 07:31 AM IST

    Oil prices ease on expectation that OPEC will raise output

    Brent crude futures were at $74.09 per barrel at 0029 GMT, down 26 cents, or 0.4 percent, from their last close.

  • Crude oil futures fall on weak global cues Apr 24, 2019 02:25 PM IST

    Crude oil futures fall on weak global cues

    On the Multi Commodity Exchange, crude for delivery in May fell by Rs 19, or 0.41 percent, to trade at Rs 4,622 per barrel in a business turnover of 28,115 lots.

  • Oil prices rise for a second day on China demand, US stockpile drop Apr 17, 2019 10:02 AM IST

    Oil prices rise for a second day on China demand, US stockpile drop

    International benchmark Brent crude oil futures rose 21 cents, or 0.29 percent, to USD 71.93 a barrel by 0319 GMT. Brent gained as much 0.5 percent to 72.08 a barrel, the highest since November 8 and the highest this year.

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