Latest News on Oil Price
Showing of 0 - 10 from 27 results
Oil Price - Total results - 27
Apr 16, 2019
Oil extends losses into second session; Russia, OPEC likely to boost crude output to fight for market share with USBrent crude oil futures were at $71.08 a barrel, down 10 cents, or 0.1 percent, from their last close. Brent ended down 0.5 percent on Monday.
Apr 09, 2019
Oil slips from five-month high as sluggish economic outlook counters tight market, Brent futures at strongest levelDespite the economic concerns, global oil markets are tight, and Brent and WTI crude oil futures have risen by 40% and 30% respectively since the start of the year.
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 13, 2019
Crude oil prices rise on deepening OPEC supply cuts, sanctions on Venezuela; analysts say demand weakensUS West Texas Intermediate (WTI) crude oil futures were at $53.66 per barrel, up 56 cents, or 1.1 percent, from their last close.
Dec 07, 2018
Iran agrees to OPEC oil cut, focus back on Russia; Saudi under US pressure to maintain crude outputTehran has emerged as a key sticking point for a deal but the difficulties were now in the past and OPEC was refocusing on talks with non-member producers led by Russia to reduce supplies.
Dec 05, 2018
RBI monetary policy meet: Central bank on hold for now, but leaves room for future rate actionA CRR cut of 50 bps would have released at least Rs 65,000 crore. The RBI is either satisfied that there is no need to inject such a quantum of funds or that it would use OMOs to provide comfort as and when it is required.
Dec 04, 2018
Oil price jumps 2% on expectations of production cuts; OPEC to frame strategy at Vienna meet on ThursdayArray
Oct 23, 2018
Oil prices fall as Saudi Arabia pledges to play 'responsible role' in energy markets; sentiment nervous in run-up to US sanctionsTop crude oil exporter Saudi Arabia has pledged to keep markets supplied despite its increasing isolation over the killing of Saudi journalist Jamal Khashoggi.
Sep 11, 2018
International Energy Agency's Fatih Birol on oil security, political turmoil and why he's applauding the Indian govtFatih Birol has served as executive director of the International Energy Agency (IEA) since September 2015