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Page 13 - Oil

Oil falls on worries over swelling US stockpiles

US crude inventories fell 884,000 barrels in the week to Feb 17

Oil falls on worries over swelling US stockpiles
Updated On : 23 Feb 2017 | 4:29 AM IST

Opec cuts, low freight rates help traders make profit on Asia crude routes

Around 30 supertankers have this month made long-haul trips to ship crude oil across Asia

Opec cuts, low freight rates help traders make profit on Asia crude routes
Updated On : 23 Feb 2017 | 1:09 AM IST

Oil rises as Opec aims for steep output cuts

Brent crude oil jumped $1.13 a barrel to a high of $57.31 before easing to trade around $57.15

Oil rises as Opec aims for steep output cuts
Updated On : 22 Feb 2017 | 2:13 AM IST

Oil rises on 90% compliance on Opec output deal

US West Texas Intermediate crude futures traded up 56 cents at $56.56 a barrel

Oil rises on 90% compliance on Opec output deal
Updated On : 10 Feb 2017 | 4:33 PM IST

US Republicans give oil industry the most desired gift - less transparancy

On February 3 the Republican-controlled Senate passed a resolution to scrap the requirement entirely

US Republicans give oil industry the most desired gift - less transparancy
Updated On : 08 Feb 2017 | 9:00 AM IST

Oil falls as US supplies, speculative length counter OPEC cuts

The Brent premium over WTI narrowed to $2.09 a barrel at the close, its smallest since Jan 19

Oil falls as US supplies, speculative length counter OPEC cuts
Updated On : 07 Feb 2017 | 2:50 AM IST

Oil steadies near $57 on ample US supply

Despite the Opec cuts, US crude inventories rose by more than expected last week

Oil steadies near $57 on ample US supply
Updated On : 07 Feb 2017 | 12:47 AM IST

As oil recovers, US firms descend on the Permian Basin in West Texas

Most of America's shale industry needs prices above $60 a barrel to justify new projects

As oil recovers, US firms descend on the Permian Basin in West Texas
Updated On : 02 Feb 2017 | 3:34 AM IST

Oil rallies to settle up $1 a barrel

Oil futures pared gains immediately after weekly US supply data showed a bigger build than expected

Oil rallies to settle up $1 a barrel
Updated On : 02 Feb 2017 | 2:16 AM IST

Oil trades near $53 as US drilling accelerates

Futures were little changed in New York after falling 1.1 per cent on Friday

Oil trades near $53 as US drilling accelerates
Updated On : 31 Jan 2017 | 1:22 AM IST

Oil extends declines on rising US output

NYMEX crude for March delivery was down 27 cents at $52.90 a barrel

Oil extends declines on rising US output
Updated On : 30 Jan 2017 | 12:08 PM IST

India's oil consumption to be fastest in world by 2035: Survey

Energy consumption will grow by 4.2 per cent per annum

India's oil consumption to be fastest in world by 2035: Survey
Updated On : 26 Jan 2017 | 5:34 PM IST

Oil prices slip on doubts over planned output cuts

Russia and other key exporters outside OPEC have said they will also cut output

Oil prices slip on doubts over planned output cuts
Updated On : 17 Jan 2017 | 1:04 AM IST

Despite Saudi signals, OPEC to miss on all promised oil cuts

OPEC Secretary-General Mohammed Barkindo said he was sure countries would follow through on the deal

Despite Saudi signals, OPEC to miss on all promised oil cuts
Updated On : 16 Jan 2017 | 10:01 AM IST

Crude oil rises from one-month low

Futures climbed 1% in New York after dropping 5.9% in the previous two sessions

Crude oil rises from one-month low
Updated On : 12 Jan 2017 | 12:20 AM IST

Saudi cuts oil exports to Reliance, HMEL

Reduces February term supplies of mainly heavy crude oil; part of the move to comply with Opec deal

Saudi cuts oil exports to Reliance, HMEL
Updated On : 12 Jan 2017 | 12:16 AM IST

Oil & gas index at a nine-year peak

Analysts expect oil cos to report strong earnings in Dec led by inventory gains, recovery in margins

Oil & gas index at a nine-year peak
Updated On : 09 Jan 2017 | 5:18 PM IST

Oil prices fall on doubts over Opec production cut compliance

Overall supply from Opec in Dec fell to 34.18 mn bpd from a revised 34.38 mn bpd in Nov

Oil prices fall on doubts over Opec production cut compliance
Updated On : 07 Jan 2017 | 4:53 AM IST

Hedge funds bet oil rally to extend into 2017

Investors are showing no sign of turning their backs on oil heading into 2017

Hedge funds bet oil rally to extend into 2017
Updated On : 01 Jan 2017 | 12:05 AM IST

Oil prices edge down ahead of OPEC, non-OPEC production cuts

WTI crude futures were down 13 cents at $53.77 after settling up 88 cents at $53.9 a barrel in the last session

Oil prices edge down ahead of OPEC, non-OPEC production cuts
Updated On : 28 Dec 2016 | 8:46 AM IST