Page 5 - Global Oil Prices

Sensex drops 262 points, rupee declines 1% as global oil price surges

The yield on the 10-year government security rose nearly 8 basis points to 6.71 per cent. Bond yields and prices move in opposite directions

Oil prices fall as worsening Sino-US trade war fuels fear of dip in demands

International benchmark Brent crude futures were at $58.70 a barrel by 0039 GMT, down 24 cents, or 0.41%, from their previous settlement and trading near seven-month lows

India must provide energy to the poor at minimum cost: IEA's Fatih Birol

Fatih Birol, executive director of IEA, talks about the possible impact of rising geo-political tensions in West Asia on the global energy market and the need for India to provide energy accessibility

Oil hovers near 6-week high amid Gulf of Mexico storm, West Asia tensions

By Thursday, oil companies in the Gulf of Mexico had cut more than 1 million barrels per day of output, or 53% of the region's production

Oil gains over 1% as Saudi stands by OPEC output cuts, US drilling drops

OPEC is expected to review global oil demand and supply balance as the group maintains production cuts during the April meeting, a senior Gulf oil official said on Monday

IEA sees US driving global oil supply growth over the next five years

Global oil demand growth is set to ease as China slows, but will still rise by an annual average of 1.2 million bpd to 2024

Why 12 huge oil tankers filled with seawater are on a trans-Atlantic voyage

In normal times, the vessels would be filled with heavy, high sulfur Middle East oil for delivery to refineries in places like Houston or New Orleans. Not now though

Two big producers have called the bottom for oil: $60 a barrel

OPEC, led by Saudi Arabia, agreed to cut oil output this year to support prices

Oil rises to $51 after steep slide; economic worries continue to weigh

While economic worries have weighed, the outlook is not as weak as in 2016 when a supply glut built up, because the Opec this time is trying to prop up the market

Oil steadies near two-month low as US stockpiles climb, equity rout eases

Oil is poised for the worst monthly decline since July 2016 as ongoing trade tensions stoke concerns over global energy demand at a time American crude stockpiles are increasing

Oil portents: Are we headed for another price shock and economic shake-up?

If forecasters are right and oil rises not just to $100 but perhaps $120 a barrel, trade gap, inflation, the rupee's external value and economic growth may all come under pressure, writes T N Ninan

Oil slumps near $64 as OPEC clash looms, US-China trade war escalates

OPEC and its allies could consider a production increase of as much as 1.5 million barrels a day, Russian Energy Minister Alexander Novak said on Thursday

Are we facing an oil shock? 5 signs from across the world that indicate so

Over the past 11 months, Brent crude is up 62 per cent and West Texas Intermediate has risen 46 per cent - but does that constitute an oil shock?

Oil prices dip after IEA raises doubt over demand outlook for 2018

Crude oil prices fell sharply after the IEA raised doubts about the outlook for 2018," ANZ bank said

Oil climbs as tensions rise over Iraqi Kurdistan's vote of independence

US light crude was 60 cents higher at $52.74 after reaching a five-month intra-day high of $52.86 a barrel

Oil edges higher above $52 ahead of US stocks report

Opec, other producers are cutting output by about 1.8 mn bpd from Jan 17 until March18

Oil prices fall 1% with rising US fuel inventories, higher Opec supplies

US crude was pulled down at $ 48.69 per barrel

Oil edges up, Brent below $50 a barrel ahead of Opec meeting

OPEC with Russia to reduce global glut, cut production by 1.8 mn between January 2017-March 2018

Oil edges above $49 amidst US drilling slowdown, Opec-led cuts

Brent crude was up 19 cents, US crude was up 17 cents

Oil edges up, but still set for worst first-half performance in 20 years

Oil prices have fallen about 20% this year, despite efforts by OPEC to cut production