Energy Information Administration

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels in the last week, EIA said.

Fears of a global economic slowdown loom: Where is crude oil heading?

Morgan Stanley foresees Brent oil prices would be at $60 per barrel for the rest of the year against an earlier forecast of $65

Ukraine adds Russian oil import ban to growing trade war

The former Soviet republic has put up stiff barriers against goods from Russia in reprisal for its March 2014 annexation of Crimea and alleged support for pro-Moscow separatists who have been waging a two-year war in eastern Ukraine.

Oil falls near 2003 low on supply, weak demand outlook

In a sign that producers are still competing for market share by lowering prices, Iran offered its crude to Asia at a discount to rival OPEC producer Saudi Arabia.

Brent price may fall; safeguard duty 'right': Fat Prophets

Calling government‘s decision to implement safegaurd duty ‘right‘, David Lennox, Analyst, Fat Prophets says it is needed to protect domestic market.

Brent climbs by over $1 on crude stock draw, US eco data

Front-month Brent LCOc1, the global oil benchmark, had gained USD 1.10 to USD 44.24 a barrel by 0300 GMT (11.00 p.m. EDT), having ended down 7 cents at USD 43.14 on Wednesday.

Oil catches breath post China rate cut, trend remains down

China cut interest rates on Tuesday and lowered the reserves banks must hold in its latest move to calm fears about a severe economic slowdown in a country whose major equities index, the Shanghai Composite Index, is now 43% below the June peak for the year.

Oil Near 6-1/2 Year Lows as China Economy Fears Linger

US stock futures resumed their descent in early Asian trade and Asian shares were seen on the defensive on Wednesday as monetary easing by China's central bank had limited success in cheering up nervous investors

Oil dips further after US stockpile, Saudi export rise

US West Texas Intermediate (WTI) crude oil slumped over 4 percent on Wednesday to hit a 6-1/2-year low as a huge unexpected stockpile build in the United States reinforced concerns about a growing global oil glut.

Oil bounces off 6-year lows to close at $43.30 a barrel

US light crude oil settled up 22 cents, or 0.5 percent, at USD 43.30 a barrel, after gaining almost 80 cents at the session high.

Oil prices slip on stronger dollar, ample supply

Oil prices edged lower on Tuesday, dragged down by a firm dollar and ample supply of both crude and refined products.

Oil prices dip on US gasoline build, but helped by weak $

Brent August crude declined 18 cents at USD 63.69 a barrel after it settled 17 cents higher on Wednesday at USD 63.87.

Oil prices rise on US stock, increased world demand outlook

The gains came after prices for crude oil, gasoline and diesel jumped more than 3 percent on Tuesday as bullish investors made bets across the oil complex for another weekly drop in US stockpiles.

Goldman Sachs on oil: US needs to cut, not OPEC

Michele Della Vigna, head of European energy research at Goldman Sachs, said non-OPEC oil producers had created the oversupply in the market which has weighed on prices.

Oil prices rebound in Asia

US benchmark West Texas Intermediate (WTI) rose 12 cents to USD 47.17 and Brent climbed 31 cents to USD 57.39 in late-morning trade.

Brent crude oil falls to 4-year low of $81.23/bbl

Brent crude oil futures fell by more than USD 1 today to a four-year low of USD 81.23 a barrel, as a strong dollar and robust production from US shale oil fields weighed on prices.

Sell crude oil, advises Karvy

Brokerage house Karvy Commodities Broking is bearish on Crude oil and has recommended traders to remain on sell side in the oil, in its research report dated June 12, 2013.

Argus Media sees support for Brent at $100/bbl

Due to the present uncertainties globally, crude has been on its longest losing streak since August. According to Azlin Ahmad of Argus Media, crude in the short-term will still go low.

Oil holds above $90, looks to US employment

Oil held above USD 90 on Thursday as upbeat private US payroll data helped markets recover from a mid-week slump on expectations for a sustained economic recovery at the world's top crude consuming nation.