Barclays bank said there was little to no agreement among producers about who would cut how much.
Nov 7, 2016
The American Petroleum Institute said crude stockpiles increased by 9.3 million barrels in the week to Oct. 28.
Nov 2, 2016
Russia expects to increase its oil output by 0.7 percent next year and a further 0.9 percent in 2018.
Oct 31, 2016
Demand for diamond jewellery is estimated to have grown by 30-35 percent year-on-year this season.
Oct 28, 2016
Khalid al-Falih says the "current cycle" of falling crude prices is almost ending, spelling disaster from inflation viewpoint for India.
Oct 24, 2016
Crude prices fell over 2 percent the previous session on the back of the soaring dollar.
Oct 21, 2016
The overall mood in oil markets remained confident, with most analysts expecting further increases.
Oct 20, 2016
Traders said that WTI was pulled down by another rise in U.S. oil drilling activity.
Oct 17, 2016
Traders said the U.S. price rise was due to a tightening fuel market.
Oct 14, 2016
Traders said oil markets had come under pressure after OPEC reported a rise in production.
Oct 13, 2016
Traders said prices were dented by the latest rise in Iranian crude and condensate sales.
Oct 4, 2016
OPEC's oil output is likely to reach 33.60 million bpd in September from a revised 33.53 million bpd in August.
Oct 3, 2016
OPEC officials said their plan will remove around 700,000 bpd from the market.
Sep 30, 2016
Regulator Sebi says details would be provided at a later date.
Sep 28, 2016
Oil prices LCOc1 have more than halved from 2014 levels due to oversupply.
Sep 28, 2016
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