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Oil drops towards $59 on dollar, stock builds

Last Updated: Monday, March 9, 2015, 17:19

Brent crude oil fell towards USD 59 a barrel on Monday as the dollar strengthened and a supply glut pushed global oil inventories to record highs.

OPEC's Badri expects some oil price rebound soon

Last Updated: Monday, January 26, 2015, 22:37

Oil prices at current levels may have reached a floor and could move higher very soon, OPEC Secretary-General Abdullah al-Badri said on Monday.

Oil jumps as Saudi king's death feeds market uncertainty

Last Updated: Friday, January 23, 2015, 14:42

Oil prices jumped on Friday as news of the death of Saudi Arabia`s King Abdullah added to uncertainty in energy markets already facing some of the biggest shifts in decades.

Oil surges after Saudi King's death

Last Updated: Friday, January 23, 2015, 10:32

Oil prices surged today following the death of Saudi Arabia's King Abdullah, with investors watching to see if the country will change its policy of maintaining high production in the face of plunging prices and a global supply glut.

Saudi crown prince blames weak growth for oil 'tensions'

Last Updated: Tuesday, January 6, 2015, 23:04

A weak global economy is the main reason for "tensions" in world oil markets, Saudi Arabia's crown prince said Tuesday, in a speech on behalf of ailing King Abdullah.

OPEC chief says no target price, but oil slide beyond fundamentals

Last Updated: Sunday, December 14, 2014, 19:05

The head of OPEC said on Sunday the group had no target price for oil, signalling no change to a policy to maintain production levels which has contributed to sharp falls in the price of crude, unnerving global markets.

Planning Commission must be relooked to expand economic activity: Jaitley

Last Updated: Sunday, December 7, 2014, 19:21

Union Finance Minister Arun Jaitley on Sunday said that the role of the Planning Commission must be relooked in order to expand economic activity, adding that the new body, which will replace the existing commission, will aim towards cooperative federalism.

Planning Commission: Consensus on changes; Congress opposes dismantling

Last Updated: Sunday, December 7, 2014, 18:05

Finance Minister Arun Jaitley, while briefing the media on the deliberations of the meeting, said no time-line has been fixed, saying the Centre will take a "considered view after consultations are over".

Majority in favour of restructuring of Planning Commission: Arun Jaitley

Last Updated: Sunday, December 7, 2014, 17:19

The Centre will take a considered view on replacement of Planning Commission after consultations are over, Finance Minister Arun Jaitley said on Sunday.

States must have greater role in new Plan body: PM Narendra Modi

Last Updated: Sunday, December 7, 2014, 16:38

Seeking to strengthen cooperative federalism, Prime Minister Narendra Modi on Sunday said that states must have a greater role in the new body which will replace the existing Planning Commission.

Omar meets PM, raises Army decision in Pathribal encounter

Last Updated: Sunday, February 2, 2014, 21:43

Jammu and Kashmir CM Omar Abdullah met PM Manmohan Singh and raised issue of Army`s decision to close Pathribal encounter case, saying punishment is must for those who killed innocent people.

Afghan presidential candidate`s aides shot dead

Last Updated: Sunday, February 2, 2014, 02:57

Gunmen shot dead two aides of Afghan presidential candidate Abdullah Abdullah, officials said, highlighting the security threat surrounding the April poll.