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
U.S. gold was up 0.1 percent at $1,333.30 an ounce.
Jul 20, 2016
The government on Wednesday relaxed rules gold jewellery excise duty rules on Wednesday, triggering a modest rally in gold shares.
Jul 14, 2016
The IEA said crude inventories kept rising last month and pushed floating storage to the highest level in seven years.
Jul 13, 2016
International Brent crude oil futures were trading at $46.38 per barrel at 0243 GMT.
Jul 11, 2016
Signs of reduction in oil glut was apparent with price settling just below $50 a barrel from the lowly $25 it had reached prior to February.
Jun 13, 2016
India, the world's second-largest sugar producer, produced 24.3 million tonnes during October 2015-April 2016, down 8 percent (YoY).
Apr 20, 2016
However, oil prices are likely to remain under pressure in the short term.
Mar 4, 2016
World Bank expects the oil prices to fall by another 27% this year.
Jan 27, 2016
Iranian oil will "offset or exceed" nearly 500,000 bpd fall in the US production in 2016, the global rating agency said.
Jan 23, 2016
Western sanctions on Iran over its nuclear programme are likely to be lifted this weekend.
Jan 14, 2016