10 Oct 17
Opec calls on US shale oil producers to slash global supply, prop up prices
12:25 PM
An oil rig drilling a well at sunrise, owned by Parsley Energy Inc.
27 Sep 17
Oil falls from 26-month high on profit-taking
02:40 AM
An oil rig drilling a well at sunrise, owned by Parsley Energy Inc.
26 Sep 17
Oil prices to rise to $60 as OPEC likely to extend cuts: Ex-Saudi adviser
11:27 AM
Oil prices may rise to $60 a barrel by the end of this year or by early 2018 as OPEC and non-OPEC producers are expected to extend supply cuts beyond March, while oil inventories continue to decline, a former Saudi energy ministry official said in a
21 Sep 17
Oil PSUs mulling to acquire stake in oil field in UAE
08:16 PM
Indian oil PSUs are mulling to acquire up to 20 per cent stake in an oil field belonging to Abu Dhabi National Oil Company (ADNOC) in UAE, Utpal Bora, CMD of Oil India Limited said today.
Oil prices rise set for strongest Q3 gain since 2004
12:59 AM
Oil prices rise was on course for its largest third-quarter gain in 13 years as prices rose on Wednesday after the Iraqi oil minister said that Organization of the Petroleum Exporting Countries (Opec) and its partners are considering extending or
14 Sep 17
Oil rises as IEA forecast overshadows US crude build
01:57 AM
Crude oil prices rose on Wednesday after the International Energy Agency (IEA) said a global surplus of crude was starting to shrink, even though US data showed another big increase in inventories due to the ongoing effects of Hurricane Harvey.
13 Sep 17
Global oil surplus is shrinking due to stronger-than-expected demand: IEA
02:13 PM
The global oil surplus is beginning to shrink due to stronger-than-expected European and U.S. demand growth, as well as production declines in OPEC and non-OPEC countries, the International Energy Agency said on Wednesday.
29 Aug 17
Oil markets roiled as Harvey hits US petroleum industry
06:19 AM
Oil markets were roiled on Monday after Tropical Storm Harvey wreaked havoc along the US Gulf Coast over the weekend, crippling Houston and its port, and knocking out several refineries as well as some crude production.
14 Aug 17
Oil prices dip over weak Chinese refining activity
10:33 AM
Oil prices dipped on Monday as a slowdown in Chinese refining activity growth cast doubts over its crude demand outlook, while rising US shale output suggested supplies would likely remain high.
02 Aug 17
Oil prices fall 1% with rising US fuel inventories, higher Opec supplies
03:26 PM
Oil prices fell 1 per cent on Wednesday, with rising US fuel inventories pulling US crude back below $50 per barrel, while ongoing high Opec supplies weighed on international prices.
26 Jul 17
If Opec members refuse to cut output, oil may fall to $42: Natixis analyst
01:52 PM
Abhishek DeshpandeLast year's historic pact between the Organisation of the Petroleum Exporting Countries (Opec) and non-Opec members to cut crude oil production has faced several challenges, including non-compliance by some members, while shale
25 Jul 17
Oil rises as Saudi Arabia pledges deep cuts to August exports
01:21 AM
Oil rose as Saudi Arabia said it would make deep cuts to its crude exports in August and encourage better compliance with supply reductions from other producers.
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