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  • Oil prices extend gains, but higher output caps rise Mar 16, 2018 08:15 AM IST

    Oil prices extend gains, but higher output caps rise

    NYMEX crude for April delivery was up 5 cents, or 0.1 percent, at $61.24 a barrel at 0048 GMT, after settling up 23 cents on Thursday.

  • Upstream oil companies: Pricing momentum looks supportive, ONGC a better pick at current levels Mar 14, 2018 01:20 PM IST

    Upstream oil companies: Pricing momentum looks supportive, ONGC a better pick at current levels

    Given the price uptick for both crude and gas, it should have a positive rub-off on net realizations. ONGC can be bought at current levels, but look for a better entry point for Oil India

  • Oil prices stable after two-day decline, but rising US output drags Mar 14, 2018 08:28 AM IST

    Oil prices stable after two-day decline, but rising US output drags

    Support on Wednesday came from a report that U.S. crude inventories are not rising as much as expected during the spring season that is starting, implying healthy demand.

  • Oil prices fall on relentless rise in US crude output Mar 13, 2018 08:45 AM IST

    Oil prices fall on relentless rise in US crude output

    U.S. West Texas Intermediate (WTI) crude futures were at $61.20 a barrel at 0122 GMT, down 16 cents, or 0.2 percent, from their previous close.

  • Oil prices rise on reduced US drilling activity, booming job market Mar 12, 2018 09:47 AM IST

    Oil prices rise on reduced US drilling activity, booming job market

    U.S. West Texas Intermediate (WTI) crude futures were at $62.22 a barrel at 0102 GMT, up 18 cents, or 0.3 percent.

  • Oil falls on strong dollar, signs of build at US hub Mar 09, 2018 09:33 AM IST

    Oil falls on strong dollar, signs of build at US hub

    Brent crude futures fell 73 cents, or 1.1 percent, to settle at $63.61 per barrel. U.S. West Texas Intermediate (WTI) crude futures fell $1.03, or 1.7 percent, to settle at $60.12 per barrel.

  • Oil steadies after big fall, but soaring US crude output still weighs Mar 08, 2018 10:55 AM IST

    Oil steadies after big fall, but soaring US crude output still weighs

    Brent crude futures were at $64.46 per barrel at 0506 GMT, up 12 cents, or 0.2 percent, from their previous close. That slight rise came after a more-than-2 percent fall the previous day.

  • Oil prices fall as Gary Cohn departure raises trade war fears Mar 07, 2018 09:10 AM IST

    Oil prices fall as Gary Cohn departure raises trade war fears

    Gary Cohn, economic adviser to U.S. President Donald Trump, seen as a bulwark against protectionist forces within the government, said on Tuesday he was resigning, triggering a more than 1 percent fall in S&P 500 futures in early Wednesday trade.

  • Oil extends gains on IEA growth forecasts and as OPEC touts pact cutting output Mar 06, 2018 10:52 AM IST

    Oil extends gains on IEA growth forecasts and as OPEC touts pact cutting output

    International benchmark Brent crude futures LCOc1 were at$65.61 per barrel at 0428 GMT, up 7 cents, or 0.11 percent.

  • Oil sector needs 2020 investment vision to meet demand Mar 05, 2018 01:50 PM IST

    Oil sector needs 2020 investment vision to meet demand

    "The United States is set to put its stamp on global oil markets for the next five years," said IEA chief Fatih Birol in a statement as the agency released an annual review of the oil market.

  • Oil prices climb ahead of OPEC meeting with US shale firms Mar 05, 2018 11:21 AM IST

    Oil prices climb ahead of OPEC meeting with US shale firms

    International benchmark Brent crude was up 44 cents, or 0.68 percent, at $64.81 a barrel by 0135 GMT.

  • Oil falls for third day as higher inventories, dollar weigh Mar 01, 2018 07:16 PM IST

    Oil falls for third day as higher inventories, dollar weigh

    A U.S. government report on Wednesday showed a larger-than-expected increase in U.S. crude inventories and a rise in gasoline stocks.

  • Oil steady as investors avoid risk assets on equities decline, stronger dollar weighs Mar 01, 2018 10:08 AM IST

    Oil steady as investors avoid risk assets on equities decline, stronger dollar weighs

    U.S. West Texas Intermediate crude for April delivery was up 8 cents at $61.72 a barrel by 0403 GMT after settling down 2.2 percent in the previous session.

  • U.S. oil extends gains to hold near three-week high Feb 27, 2018 08:35 AM IST

    U.S. oil extends gains to hold near three-week high

    U.S. West Texas Intermediate crude for April delivery was up 4 cents at $63.95 a barrel by 0223 GMT. The contract, which has risen four days in a row, on Monday hit its highest since Feb. 6 at $64.24.

  • Oil hits two-week high as Saudi Arabia to keep output well below cap Feb 26, 2018 08:59 AM IST

    Oil hits two-week high as Saudi Arabia to keep output well below cap

    U.S. West Texas Intermediate crude for April delivery was up 25 cents, or 0.4 percent, at $63.80 a barrel by 0301 GMT after rising 3 percent last week.

  • Oil dips as US dollar firms, oil production is expected to rise Feb 21, 2018 09:12 AM IST

    Oil dips as US dollar firms, oil production is expected to rise

    U.S. West Texas Intermediate (WTI) crude futures were at $61.32 a barrel at 0307 GMT, down 47 cents, or 0.8 percent, from their last settlement.

  • Oil markets mixed on lower Canadian flows, firmer dollar Feb 20, 2018 09:30 AM IST

    Oil markets mixed on lower Canadian flows, firmer dollar

    U.S. West Texas Intermediate (WTI) crude futures were at $62.16 a barrel at 0153 GMT, up 48 cents, or 0.8 percent, from their last settlement.

  • Oil hits highest in nearly two weeks on Asian equity recovery Feb 19, 2018 08:59 AM IST

    Oil hits highest in nearly two weeks on Asian equity recovery

    Prime Minister Benjamin Netanyahu said on Sunday that Israel could act against Iran itself, not just its allies in the Middle East, after border incidents in Syria brought the Middle East foes closer to direct confrontation.

  • Oil stable on weak dollar, economic growth, but pockets of oversupply linger Feb 14, 2018 12:25 PM IST

    Oil stable on weak dollar, economic growth, but pockets of oversupply linger

    Crude prices, though, remain well below recent highs due to signs of lingering oversupply, including rising U.S. inventories and ample physical flows globally.

  • Oil falls for sixth day as supply fears mount Feb 09, 2018 08:40 AM IST

    Oil falls for sixth day as supply fears mount

    Brent futures were down 38 cents or 0.6 percent, at $64.43 a barrel by 0146 GMT. On Thursday, Brent fell 1.1 percent to its lowest close since Dec. 20.

  • JSW Steel crude output rises 7.3 percent to 1.46 million tonnes in January Feb 08, 2018 04:12 PM IST

    JSW Steel crude output rises 7.3 percent to 1.46 million tonnes in January

    The crude steel production was at 1.36 million tonnes in the same month last year, JSW Steel said in a filing to BSE.

  • Oil rises on report of lower US crude inventories, stock market recovery Feb 07, 2018 08:40 AM IST

    Oil rises on report of lower US crude inventories, stock market recovery

    Brent crude futures were at $67.44 per barrel at 0235 GMT, up 58 cents, or 0.9 percent, from the previous close.

  • Oil prices sink more than 1% amid global market plunge, US output spree Feb 06, 2018 09:05 AM IST

    Oil prices sink more than 1% amid global market plunge, US output spree

    Brent crude oil futures were at $66.88 per barrel at 0236 GMT, down 74 cents, or 1.1 percent, from the previous close and more than $4 below their high point for 2018, hit last month.

  • Oil prices fall on strong dollar, Brent near one-month low Feb 05, 2018 09:31 AM IST

    Oil prices fall on strong dollar, Brent near one-month low

    Other markets dropped as investors were spooked by Friday's payrolls report from the United States, which showed wages growing at their fastest pace in more than 8-1/2 years, fuelling inflation expectations.

  • US oil prices extend gains on compliance with output cuts Feb 02, 2018 08:20 AM IST

    US oil prices extend gains on compliance with output cuts

    U.S. West Texas Intermediate (WTI) crude was up 32 cents, or 0.5 percent, at $66.12 a barrel by 0108 GMT.

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