OPEC oil output hits six-month low in December on LibyaOPEC's oil supply fell by 270,000 barrels per day (bpd) in December to a six-month low as fighting cut Libyan output.
30 Dec, 2014, 09.19 PM IST
- Oil rises on signs sanctions cutting Iran's shipments
Oil rose for a second day in New York on signs that sanctions on Iran are succeeding in cutting the nation's crude exports.
09 Mar, 2012, 04.15 AM IST
- Saudis ready to pump oil after OPEC collapse
Saudi Arabia signaled it's ready to deliver on a pledge to boost the supply of oil after the collapse of Opec talks two days ago.
12 Jun, 2011, 04.56 AM IST
- Oil prices slowed by strong dollar and US job concerns
Oil prices were directionless on Monday with the market still worried about poorer-than-expected US employment figures and the dollar stron...
07 Jun, 2010, 04.46 PM IST
- Oil falls below $76 amid weak demand
Oil prices fell below $76 a barrel on Friday after government figures showed that the United States continues to use less energy than last ...
22 Jan, 2010, 05.53 PM IST
- Oil below $72 on concerns demand recovery slow
Oil prices weakened Friday, dampened by concerns that a recovery in US demand may be slower than expected and as stockpiles of refined prod...
18 Sep, 2009, 04.07 PM IST
- Oil rises to near $69 as investors weigh outlook
Oil prices rose to near $69 a barrel Tuesday as traders brushed off concerns that the doubling of crude prices since March is out of step w...
09 Jun, 2009, 04.47 PM IST
- Oil rises to $68 as 3-month rally resumes
Oil prices rose $2 to above $68 a barrel on Thursday, resuming a three-month rally after a jump in U.S. crude inventories triggered a sharp...
04 Jun, 2009, 07.34 PM IST
- Oil prices rally above $ 50 as gas row escalates
Oil prices rose back above $ 50 here as the energy market was shaken by disruptions to gas supplies across Europe, already troubled by a co...
06 Jan, 2009, 04.50 PM IST
- OPEC set for major output cut later this week
OPEC oil ministers arriving today amid tight security to this rain-soaked port city raised expectations that the group will slice output si...
16 Dec, 2008, 06.25 PM IST
- Oil up sharply near $49 as OPEC readies output cut
Oil prices were up sharply near $49 a barrel Monday as investors anticipated OPEC will announce a large production cut at its meeting this ...
15 Dec, 2008, 05.49 PM IST
- Oil falls below $54 ahead of OPEC meeting
Oil prices fell below $54 a barrel Friday as a gloomy outlook for global crude demand overshadowed expectations that OPEC might announce a ...
28 Nov, 2008, 05.29 PM IST
- Oil prices tumble close to one-year lows
Oil prices sank close to one-year low points on Wednesday as plunging stock markets generated fresh fears of slowing economic growth and in...
08 Oct, 2008, 04.10 PM IST
- Goldman, Morgan Stanley among Dubai Merc investors
Morgan Stanley and four energy-related companies are taking minority stakes in Dubai Mercantile Exchange Ltd.
11 Aug, 2008, 10.05 PM IST
- Oil nears $131 on Nigeria news
Oil rebounded to near US$131 a barrel Friday as news of an output cut in Nigeria helped to halt the sharp decline in prices that began thre...
18 Jul, 2008, 05.51 PM IST
- Oil stays above $91 on Venezuela threat
Oil held above $91 a barrel on Monday, supported by Venezuela’s threat to stop sending oil to the world’s top fuel consumer the US.
12 Feb, 2008, 02.39 AM IST
- Oil tops $65 after fresh trouble erupts in Nigeria
Oil rebounded to more than $65 a barrel on Tuesday as fresh attacks on Nigeria’s oil industry deepened supply losses and interrupted a six-...
09 May, 2007, 03.20 AM IST