Latest News on American Petroleum Institute
Showing of 0 - 10 from 10 results
American Petroleum Institute - Total results - 10
Feb 26, 2020
Crude rises after three session of losses on short-covering, hopes for deeper output cut by OPECCrude prices inched higher on Wednesday as investors covered short positions after three sessions of losses and eyed potential supply cuts, even as fears of a coronavirus pandemic deepened
Feb 12, 2020
Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns; OPEC, allies recommend to increase output cutsThe US Energy Information Administration (EIA) on Tuesday cut its global oil demand growth forecast for this year by 310,000 bpd as the virus outbreak crimps oil consumption in China.
Nov 20, 2019
Sensex jumps over 340 points to hit record intra-day high of 40,816.38, Nifty above 12,000-mark; Reliance Industries jumps 4%At 10.30 AM, the Sensex soared 302.90 points or 0.75 percent up at 40,772.60-intra day high
Oct 29, 2019
Oil prices edge lower ahead of US stockpile data; weaker economic growth offsets hopes of rise in crude demandUS crude oil stockpiles at Cushing, Oklahoma, the delivery point for WTI, have risen by about 1.5 million barrels in the week through 25 October, traders said earlier.
Apr 02, 2019
Crude oil hits 2019 high on OPEC cuts, concerns over demand ease; healthy data on US, China bolsters pricesThe United States is considering more sanctions against Iran, whose crude oil exports have been halved by existing measures, an official said.
Mar 12, 2019
Crude oil rises to $67 on Saudi Arabia's plan for additional output curbs in April, Venezuelan export cutCrude rallied this year after the OPEC and its allies including Russia, a group known as OPEC+, returned to supply cuts as of 1 January.
Feb 27, 2019
Oil prices rise on OPEC-led supply cuts, report of falling US crude inventories despite pressure from Donald TrumpCrude oil has been rising lately, not due to strong growth and rising demand but primarily due to a politically orchestrated cut in production from OPEC and friends, said an analyst
Dec 08, 2018
Petrol prices drop nearly 15% from record levels reached in October; Delhi and Chennai record most declineHowever, as the Organisation of Petroleum Exporting Countries (OPEC) on Friday decided to reduce its oil supply by 1.2 million barrels per day for the first half of 2019, prices may see an up-turn leading to a reversal in India's domestic fuel prices movement.
Dec 05, 2018
Fuel prices remain unchanged on rebound in global crude rates; snap 13 straight day declineFuel rates have been on the decline since 18 October as a result of falling crude oil prices in the international market due to supply glut and appreciation in the rupee.
Jun 05, 2018
Oil prices edge higher; but record US crude output, expectations of higher OPEC supplies dragThe OPEC is due to meet in Vienna on 22 June to decide whether the group and non-OPEC members including Russia will raise production to ease concerns over potential supply shortfalls from Iran and Venezuela.