Page 16 - Oil

Oil prices rebound after Algeria says all options open at OPEC meeting

Brent crude futures climbed 39 cents to $46.28 a barrel and US WTI crude futures rose 32 cents to $44.80 a barrel

Oil prices rebound after Algeria says all options open at OPEC meeting

Brent crude futures advanced 42 cents to $46.31 after settling down $1.76

Oil climbs 1% after surprise US crude stock draw

International benchmark Brent crude futures were also up, gaining 48 cents, or 1%, from their last close to $47.31 per barrel

Govt set to buy Iran oil for emergency reserves: Sources

The step comes as Iran's daily crude exports to India surged to the highest level in 15 years in August

Oil climbs as Venezuela sees output deal, Libya suffers clashes

Venezuelan President Nicolas Maduro has said that a deal could be announced this month to stabilise oil markets

Oil prices down as Libya, Nigeria set to raise output

A persistent crude supply glut has hammered prices for more than two years as rival producers maintain high output levels in their fight for market share

Oil rises on draw in US crude stocks, but supply worries remain

Crude prices have fallen by around eight per cent in the last five trading sessions

Oil rises on draw in US crude stocks, but supply worries remain

Crude prices fell about 3% for a second straight day on Wed following a 4.6 million barrel build in US distillates inventories

Payment mechanism for African oil economies to open up delayed payments to Indian exporters

It will be a rupee mechanism wherein payment for imports from these countries will be made into a vostro account that will be then used to settle dues of domestic exporters

Shares crumble as oil falls, bond yields soar on stimulus doubts

Rise in US bond yields came even as expectations on the Federal Reserve's monetary policy outlook hardly changed

Oil rises on smaller-than-expected build in US crude stocks

US West Texas Intermediate futures were up 29 cents, or 0.7 per cent, at $45.19 a barrel

Oil edges lower amid scepticism about output freeze

London Brent crude for November delivery was down 4 cents at $47.22 a barrel

Oil India Q1 net profit drops 34%

Company's total income decreased 22.2% to Rs 2,461 crore during the period under review

Oil slips towards $47 as talks to freeze output fails

Brent jumped almost 5 per cent, only to pare gains after Saudi Energy Minister said there was no need to freeze output for now

Oil extends gains after Russia, Saudi Arabia sign pact

The global benchmark on Monday hit a near one-week high of $49.40 after the Russia-Saudi news

Saudi Arabia, Russia sign oil pact, may limit output in future

Oil prices soared almost 5 per cent ahead of a news conference by the ministers, but pared gains to trade up 2 per cent

Oil jumps amid talk of producer action to support prices

Saudi Arabia and Russia are due to make a joint statement calling for cooperation to support oil markets

Oil heads for biggest weekly loss since mid-January

Manufacturing activities in parts of Asia, which accounts for most of the world's oil demand growth

Oil prices rebound on weaker dollar, supportive China manufacturing data

US crude futures rose 25 cents to $44.95 a barrel, after falling $1.65, or 3.6 per cent

Oil dips on stronger dollar, rise in US crude inventories

Brent crude oil futures were trading at $48.30 per barrel and WTI at $46.28