Oil slips as weak US jobs report gives 'reality check'Losses were capped by concerns that US supply would remain limited in the wake of Hurricane Ida, which cut production from the US Gulf of M...
04 Sep, 2021, 10.43 AM IST
European stocks hold firm near record highsThe Europe-wide STOXX 600 traded flat but was on course to end August with a more than 2% rise - its seventh straight month of gains in wha...
30 Aug, 2021, 02.09 PM IST
Asian shares rise on dovish Fed chair, oil up as hurricane batters LouisianaJapan's Nikkei rose 0.9% soon after the bell, and MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.32% in early trading ...
30 Aug, 2021, 08.16 AM IST
Hurricane Ida rapidly intensifies into dangerous Category 4Ida was a Category 4 hurricane Sunday morning with maximum sustained winds of 130 mph. The storm was centered about 175 miles (280 kilomete...
29 Aug, 2021, 01.35 PM IST
Oil climbs as storm approaches Gulf of Mexico production hubUS West Texas Intermediate (WTI) crude futures climbed 16 cents, or 0.2%, to $67.58 a barrel at 0111 GMT, clawing back a 1.4% loss on Thurs...
27 Aug, 2021, 08.15 AM IST
New tropical storm Zeta a hurricane threat to Mexico, US Gulf CoastThe system was centered about 260 miles (420 kilometers) southeast of Cozumel island late Sunday, the U.S. National Hurricane Center said.
26 Oct, 2020, 08.57 AM IST
Oil prices fall as supply concerns ease"It's all about ending production disruptions ... (which) are not helpful in a period with ongoing demand concerns," said UBS oil analyst G...
12 Oct, 2020, 06.00 PM IST
Oil prices extend losses as U.S. producers restore output post-hurricaneBrent crude for December fell 55 cents, or 1.3 per cent, to $42.30 a barrel by 0023 GMT and U.S. West Texas Intermediate for November was a...
12 Oct, 2020, 08.29 AM IST
Oil prices head for 10% weekly jump on North America, Norway outagesBrent was down 31 cents at $43.03 a barrel by 1219 GMT. U.S. West Texas Intermediate (WTI) crude fell 34 cents to $40.85.
09 Oct, 2020, 08.10 PM IST
Oil prices pause in week-long surge Norwegian strike drives strong gainsBoth contracts are on track for gains of around 10% this week - the first rise in three weeks - yanked higher by the prospect of tighter su...
09 Oct, 2020, 08.55 AM IST
Oil rises above $43 on supply losses, US stimulus hopesOil and gas workers have withdrawn from offshore U.S. Gulf production facilities as Hurricane Delta was forecast to intensify into a powerf...
08 Oct, 2020, 08.33 PM IST
Oil prices rise as Hurricane Delta approaches U.S. Gulf of MexicoWith Hurricane Delta forecast to intensify into a Category 3 storm with winds of up to 120 miles per hour (193 km per hour), oil producers ...
08 Oct, 2020, 08.49 AM IST
Hurricane Delta strengthens to Category 4, headed towards Mexico's Yucatan PeninsulaHurricane Delta intensified rapidly into a Category 4 storm on Tuesday and is set to slam into Mexico's Yucatan Peninsula early on Wednesda...
06 Oct, 2020, 09.24 PM IST
Oil prices gain on supply disruptions, Trump's hospital exitU.S. West Texas Intermediate (WTI) crude futures were trading 34 cents higher, or 0.9%, at $39.56 a barrel.
06 Oct, 2020, 06.25 PM IST
- Advanced satellite to improve US weather forecast launched
Washington, Nov 18 (IANS) NASA on Saturday successfully launched for the National Oceanic and Atmospheric Administration (NOAA) a highly ad...
18 Nov, 2017, 06.17 PM IST
- Militant group in Niger Delta declares war on oil industry
The most prominent militant group in oil-rich southern Nigeria on Sunday said it had declared an "oil war" and threatened all international...
14 Sep, 2008, 05.36 PM 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