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  • Oil prices fall on demand concerns as G20 warns of risks to growth Jul 23, 2018 09:14 AM IST

    Oil prices fall on demand concerns as G20 warns of risks to growth

    Brent crude dropped 18 cents, or 0.3 percent, to $72.89 a barrel by 0329 GMT. U.S. West Texas Intermediate (WTI) futures declined 13 cents, or 0.2 percent, to $68.13 a barrel.

  • Oil prices rise as concerns about oversupply ease Jul 20, 2018 08:06 AM IST

    Oil prices rise as concerns about oversupply ease

    Brent oil rose 22 cents, or 0.3 percent, to $72.80 by 0034 GMT, after falling 32 cents on Thursday.

  • Oil prices extend gains, buoyed by unexpected drop in US gasoline stocks Jul 19, 2018 07:53 AM IST

    Oil prices extend gains, buoyed by unexpected drop in US gasoline stocks

    Brent crude futures had risen 8 cents, or 0.1 percent, to $72.98 by 0043 GMT. They climbed 1 percent on Wednesday after initially falling to the lowest in three months following the release of official production and stockpile data, which also showed a surprise build in U.S. crude inventories.

  • Oil climbs from three-month low as more oil workers strike in Norway Jul 17, 2018 09:35 AM IST

    Oil climbs from three-month low as more oil workers strike in Norway

    Brent crude futures had climbed 28 cents, or 0.4 percent, to $72.12 a barrel by 0331 GMT. They fell 4.6 percent on Monday, at one point touching their lowest since mid-April.

  • Oil's 4% tumble weighs on energy shares; banks rally Jul 17, 2018 07:47 AM IST

    Oil's 4% tumble weighs on energy shares; banks rally

    Oil slumped as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.

  • Oil falls after US softens stance on Iranian sanction waivers Jul 11, 2018 07:52 AM IST

    Oil falls after US softens stance on Iranian sanction waivers

    Brent crude futures were down $1.10, or 1.4 percent, at $77.76 a barrel by 0112 GMT. U.S. crude was down 68 cents, or 0.9 percent, at $73.43.

  • Oil prices slip on trade frictions, but crude market remains tight Jun 29, 2018 09:33 AM IST

    Oil prices slip on trade frictions, but crude market remains tight

    U.S. West Texas Intermediate (WTI) crude futures were at $73.19 a barrel at 0337 GMT, down 26 cents, or 0.4 percent from their last settlement. WTI on Thursday hit its highest since November 2014 at $74.03 per barrel.

  • US imposing sanctions on Iran – what it could mean for India Jun 28, 2018 06:20 PM IST

    US imposing sanctions on Iran – what it could mean for India

    With India importing nearly 15 percent of its crude imports from Iran, the future course of diplomatic policy and trade alterations would be worth watching out.

  • US oil prices steady ahead of sanctions on Iran Jun 28, 2018 03:30 PM IST

    US oil prices steady ahead of sanctions on Iran

    U.S. light crude was 15 cents lower at $72.61 per barrel by 0815 GMT, after hitting $73.06 on Wednesday, its highest since November 2014.

  • Oil rises on supply losses, US push to isolate Iran Jun 27, 2018 03:53 PM IST

    Oil rises on supply losses, US push to isolate Iran

    "The worry is whether 'OPEC Plus' will have enough spare capacity to balance potential declines in oil production," said Abhishek Kumar, senior analyst at Interfax Europe Ltd in London.

  • Oil steady as outages balance trade dispute, OPEC Jun 26, 2018 04:52 PM IST

    Oil steady as outages balance trade dispute, OPEC

    Brent crude was up 10 cents at $74.83 a barrel by 1045 GMT. U.S. light crude was down 10 cents at $67.98.

  • Should India heave a sigh of relief after the OPEC meet? Jun 25, 2018 08:03 PM IST

    Should India heave a sigh of relief after the OPEC meet?

    We expect the production increase, along with enhanced flow of supplies from US shale, to reduce the supply side pressure on oil in the coming months

  • Oil drops after OPEC+ output deal, but markets to stay tight Jun 25, 2018 03:25 PM IST

    Oil drops after OPEC+ output deal, but markets to stay tight

    Despite the increase, which is intended to stop the gap between global supply and demand from becoming too wide, analysts said global oil markets would likely remain relatively tight this year.

  • Crude oil production drops 3% in May Jun 21, 2018 08:39 PM IST

    Crude oil production drops 3% in May

    ONGC produced 1.84 million tonnes of crude oil in May as compared to 1.93 million tonnes in the same period last year, an official statement said here.

  • Oil prices drop as Iran signals support for OPEC output rise Jun 21, 2018 03:25 PM IST

    Oil prices drop as Iran signals support for OPEC output rise

    However, prices were prevented from dropping further by record refinery runs in the United States and a large decline in crude inventories, a sign of strong fuel demand in the world's biggest economy.

  • Oil up on US stocks, Libya ahead of OPEC meeting Jun 20, 2018 02:52 PM IST

    Oil up on US stocks, Libya ahead of OPEC meeting

    Benchmark Brent crude was up 50 cents at $75.58 a barrel by 0835 GMT. U.S. light crude was 50 cents higher at $65.57.

  • Oil falls as flaring US-China trade dispute blunts risk appetite Jun 19, 2018 03:50 PM IST

    Oil falls as flaring US-China trade dispute blunts risk appetite

    The crude price was also dented by expectations that producer group OPEC and partner Russia will gradually increase output in order to make up for involuntary losses in Venezuela and potential shortfalls from Iran, which is facing U.S. sanctions related to its nuclear activity.

  • OPEC meeting round the corner – should we be smiling? Jun 18, 2018 05:46 PM IST

    OPEC meeting round the corner – should we be smiling?

    With changing geopolitical dynamics over the last few months, there are strong expectations of a change in the overall strategy.

  • Oil steady ahead of OPEC, pressured by China tariffs Jun 18, 2018 03:45 PM IST

    Oil steady ahead of OPEC, pressured by China tariffs

    U.S. light crude oil hit a two-month low of $63.59 a barrel before recovering to trade at $64.76, down 30 cents, by 0950 GMT. North Sea Brent, meanwhile, was up 60 cents at $74.04 a barrel.

  • Oil prices fall as US crude production hits another record Jun 14, 2018 08:15 AM IST

    Oil prices fall as US crude production hits another record

    Brent crude futures , the international benchmark for oil prices, were at $76.46 per barrel at 0046 GMT, down 28 cents, or 0.4 percent, from their last close.

  • Oil steady as Donald Trump, Kim Jong Un launch summit in Singapore Jun 12, 2018 08:06 AM IST

    Oil steady as Donald Trump, Kim Jong Un launch summit in Singapore

    Traders also said they were reluctant to take on large new positions ahead of a meeting between producer cartel OPEC and some of its allies on June 22.

  • Oil mixed as rising US, Russia supplies weigh while strong demand provides support Jun 11, 2018 09:22 AM IST

    Oil mixed as rising US, Russia supplies weigh while strong demand provides support

    However, analysts expect surging U.S. output to start offsetting efforts led by the Organization of the Petroleum Exporting Countries (OPEC) to withhold production, which have been in place since 2017 and in the first half of this year have pushed up prices significantly.

  • HOEC: Re-rating in store for this high growth business Jun 08, 2018 04:22 PM IST

    HOEC: Re-rating in store for this high growth business

    Investors with a penchant for investing in high growth businesses should look to add on any weakness in the current market volatility.

  • Oil prices rise on ongoing Venezuelan supply trouble Jun 08, 2018 08:26 AM IST

    Oil prices rise on ongoing Venezuelan supply trouble

    Brent crude futures , the international benchmark for oil prices, were at $77.45 per barrel at 0051 GMT, up 13 cents, or 0.2 percent, from their last close.

  • Oil majors to bid on choice stakes in Brazil's offshore Jun 07, 2018 08:50 AM IST

    Oil majors to bid on choice stakes in Brazil's offshore

    A record 16 companies, including Chevron Corp, BP Plc and Royal Dutch Shell Plc registered to bid for four blocks in the offshore Campos and Santos basins, part of the so-called fourth pre-salt auction on Thursday.

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