Traders say the price falls on Monday and Friday were a result of increasing oil drilling activity in the United States.
Sep 12, 2016
Oil prices hit a one-week high on Monday after Russia and Saudi Arabia agreed to cooperate on stabilising the oil market.
Sep 7, 2016
The two countries account for over 25% of the worlds crude oil production.
Sep 6, 2016
The announcement resulted in a spurt in oil prices as hopes emerged the two top producers would work to stem a global glut.
Sep 5, 2016
A weaker dollar makes greenback-denominated commodities, including oil, cheaper for holders of other currencies.
Sep 1, 2016
A weaker dollar makes oil purchases cheaper for buyers using other currencies, potentially spurring demand.
Aug 30, 2016
Oil prices fell about 1 percent on Monday over Iraq's increased production; said it would only freeze output if its right to fully regain market share is recognized.
Aug 29, 2016
International benchmark Brent crude oil prices LCOc1 were trading at $49.55 per barrel.
Aug 26, 2016
The Goods and Services Tax (GST) is likely to result in higher tea prices, says Cyrus Mistry, Chairman,Tata Global Beverages.
Aug 24, 2016
Robust Chinese crude demand growth has been driven by independent refiners.
Aug 24, 2016
Analysts said that the price rise came on the back of renewed calls by some OPEC members to freeze production.
Aug 8, 2016
International Brent crude oil futures were trading at $42.34 per barrel.
Aug 2, 2016
International Brent crude oil futures LCOc1 were trading at $44.81 at 0148 GMT.
Jul 27, 2016
Coal stocks stood at 31.39 million tonnes as of July 19, enough to operate power plants for 23 days, says government data.
Jul 25, 2016
Iraq's oil exports are set to rise in July, according to loading data and an industry source.
Jul 22, 2016