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Oil slips amid slow holiday trade before next week's OPEC meeting; group agrees to cut output
•Russian oil companies proposed on Thursday not to change their output quotas, putting pressure on OPEC+ to avoid any major shift in the policy when the group meets in Vienna on 5-6 December.
Oil rises further above $62 as trade hopes support; crude inventories decline US hub
•Concern about slower economic growth and oil demand due to the fallout from the 16-month US-China trade dispute sent prices lower on Monday.
Crude prices fall 1% on concerns over global economic growth, fears of tension in Middle East disrupting supply routes
•Crude prices fall 1% on concerns over global economic growth, fears of tension in Middle East disrupting supply routes
Crude oil hits 2019 highs amid OPEC cuts, partial Saudi field outage; analysts say US output may rise
•The international benchmark for crude oil prices is at a near 3-month high and set for a 4.5-percent gain for the week.
Petrol, diesel prices increase as rupee continues to fall; crude oil declines on record US production
Fp Staff •After the revision of fuel prices on Thursday, petrol was retailing in Delhi at Rs 70.47 per litre, Mumbai Rs 76.11, Chennai Rs 73.15 and Kolkata Rs 72.58 a litre, according to data available on the website of Indian Oil Corporation.
Petrol, diesel prices rise for sixth straight day on weak rupee, rising crude; economic slowdown dims fuel demand outlook
Fp Staff •Following the price revision on Tuesday, petrol was sold in Delhi at Rs 70.41 per litre, Mumbai Rs 76.05, Chennai Rs 72.52 and Kolkata Rs 73.08 a litre, according to data available on Indian Oil Corporation website.
Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60
Fp Staff •Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.
Fuel prices dip after remaining stable for two days; crude edges higher on upcoming China-US trade talks
Fp Staff •This was the second price cut in fuel prices this year after the rates almost maintained the downward trend for the past nearly two-and-half months.
Petrol, diesel prices continue to fall; crude oil climbs more than 1%, but set for first yearly drop since 2015
Fp Staff •Crude oil prices climbed on the final trading day of the year, mirroring gains in stock markets, but were on track for the first yearly decline in three years amid lingering concerns of a persistent supply glut.
Oil prices rise on Asian stock rally, OPEC-led cuts; crude output reduction to stabilise market
•International Brent crude oil futures were at $60.86 per barrel at 0543 GMT, up 66 cents, or 1.1 percent, from their last close.