Crude Oil

Oil prices fall, Brent drops away from $70

International benchmark Brent futures dropped 23 cents, or 0.3 per cent, to $69.17 a barrel by 0040. On Thursday, they closed 9 cents higher after touching a session high of $70.03, the highest since Nov. 12.

Apr 5, 2019

Oil prices rise, adding to biggest quarterly gain in 10 years

Oil prices rose on Monday, adding to gains in the first quarter when the major benchmarks posted their biggest increases in nearly a decade, as concerns about supplies outweigh fears of a slowing global economy.

Apr 1, 2019

a worker filling containers with crude oil at an informal oil field in Minhla township, central Myanmar

Oil prices rise amid OPEC's ongoing supply cuts, US sanctions

US West Texas Intermediate (WTI) futures were at $59.54 per barrel at 0100 GMT, up 24 cents, or 0.4 per cent, from their last settlement. Brent crude oil futures had yet to trade.

Mar 29, 2019

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Crude awakening: Chinese oil demand rebounds as independent refiners restock

Global benchmark Brent oil prices had fallen more than 30 percent to just above $50 a barrel by the end of 2018.

Jan 28, 2019

Asian markets outside Japan trade lower on 21 November

Global Markets: Asian shares, US stock futures dented by growth worries

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 per cent, drifting away from a recent seven-week top.

Jan 22, 2019

Global Markets: Asian shares falter from 1-1/2-month highs, markets wary about China data

Partial data on trade from China showed dollar-denominated exports growth was the highest since 2011. Markets are still awaiting numbers for December due shortly.

Jan 14, 2019

Asia stocks at one-month high, focus stays on US-China trade talks

Asian stocks inched higher to one-month highs on Friday, after Federal Reserve Chairman Jerome Powell reiterated the U.S. central bank can be patient on raising interest rates further.

Jan 11, 2019

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Global Markets: Asian shares blindsided by dismal China data

Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and erased early gains in U.S. stock futures

Jan 2, 2019

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Global stocks under a cloud as US political tumult adds to growth anxiety

US Treasury Secretary Steven Mnuchin had also raised market concerns by convening a crisis group amid the pullback in stocks.

Dec 26, 2018

Rupee slips 37 paise to 70.07 against US dollar in early trade

Forex traders said besides increased demand of the US currency from importers, the dollar's strength against some currencies overseas weighed on the rupee.

Dec 21, 2018

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India inflation likely eased in November to 16-month low: Reuters poll

Indian inflation is likely to have cooled to a 16-month low in November, according to a Reuters poll, as food and fuel prices fell, supporting the Reserve Bank of India's decision to keep interest rates on hold at a policy meeting last week.

Dec 10, 2018

Wave of refinery shutdowns may push India into importing fuel next year

India prepares for cleaner fuels from April 2020 in moves that could temporarily dent oil demand and push up imports of refined fuels.

Nov 27, 2018

Oil prices, foreign fund flows to set course of equity indices

"Investors will continue to watch the movement of rupee, crude oil prices and foreign fund flows," said SMC Investments & Advisors Chairman and Managing Director D.K. Aggarwal.

Nov 18, 2018

Oil prices nudge higher, but set for weekly loss amid stock build and US-China trade row

Oil prices nudged higher on Friday but were set for a second weekly drop amid higher US crude inventories, an ongoing Sino-U.S. trade war and concerns over the death of a prominent Saudi journalist.

Oct 19, 2018

Asian shares resume descent, oil prices up on Saudi tensions

Not helping the mood, oil prices jumped and Saudi Arabian shares tumbled on rising diplomatic tensions between Riyadh and the West.

Oct 15, 2018

Crude at $200 and an 'Asian calamity' in the offing? Oil rises after Saudi threat

The latest jolt to the crude market comes in the wake of the mysterious disappearance of Saudi journalist Jamal Khashoggi at the Saudi consulate in Istanbul on October 2.

Oct 15, 2018

Saudi Arabia to supply extra oil cargoes to India in November as Iran sanctions loom

Reliance Industries Ltd, Hindustan Petroleum Corp, Bharat Petroleum Corp, and Mangalore Refinery Petrochemicals Ltd are seeking an additional 1 million barrels each in November from Saudi Arabia, the sources said.

Oct 10, 2018

Asia stocks at 17-month low amid China concerns

Japan's Nikkei fell 1.2 percent, hurt in part by a rise in the safe-harbour yen.

Oct 9, 2018

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Stock market crashing? Sensex likely to drop below 30,000 levels?

Mutual funds have been red hot over the last couple of years, driving the markets to dizzying heights. But there is a loss of steam in this asset class with the Indian investors' newly-found blind trust in funds ebbing away.

Oct 8, 2018

Iranian revolutionary guard march during a parade

US suspicious of Iran's moves; 'closely monitoring' major military drill

The United States believes Iran is preparing to carry out a major exercise in the Gulf, amid heightened tensions with Washington.

Aug 2, 2018

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