Crude oil futures surges by Rs 65 on Asian cues

Last Updated: Friday, May 29, 2015, 12:20

Crude oil for delivery in June was trading notably higher by Rs 65, or 1.77 percent to Rs 3,733 per barrel, with a business turnover of 4,545 lots in futures trading at the Multi Commodity Exchange.

Oil prices higher in Asian trade

Last Updated: Thursday, May 28, 2015, 12:14

Analysts expect inventories fell for a fourth consecutive week, by 2.0 million barrels, according to a survey by Bloomberg News.

Rupee plunges to 64-level vs US dollar

Last Updated: Tuesday, May 26, 2015, 18:47

The rupee reacted downwards against the pound sterling to 98.58 from 98.36 previously and dropped against the euro to 69.87 from 69.77.

Oil prices mixed in Asian trade

Last Updated: Tuesday, May 26, 2015, 11:05

Oil is on an uptrend but neither is it on a steady fall. Oil has stabilised at current prices, and in dicates both the WTI and Brent to remain in this USD 60-USD 70 range.

Oil prices slip in Asian trade

Last Updated: Friday, May 22, 2015, 10:13

Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.

Oil prices rise on strong Japan, Australia economic data

Last Updated: Wednesday, May 20, 2015, 10:54

Brent futures were up 60 cents at $64.62 a barrel by 0310 GMT. U.S. crude prices were also up 60 cents at $58.59 a barrel.

Oil prices lower after rally

Last Updated: Friday, May 1, 2015, 10:52

"It`s likely that the gains that we`ve seen might be getting close to an end point. Oil will probably find it difficult to sustain values much beyond the mid $60s."

Oil prices slip away from five-month highs as Japan's industry stutters

Last Updated: Thursday, April 30, 2015, 06:54

Oil prices slipped away from five-month highs in early Asian trading on Thursday as Japanese factory output weakened for the second straight month.

Oil dips on high supply, prices set to remain volatile

Last Updated: Wednesday, April 29, 2015, 07:35

Oil prices dipped in early Asian trading on Wednesday as high production and stocks continued to undermine markets, and analysts said a rebound in prices this year remained fragile, with volatility set to persist.

Oil prices retreat on profit-taking

Last Updated: Friday, April 17, 2015, 09:24

US benchmark West Texas Intermediate (WTI) for May delivery dipped 43 cents to $56.28 and Brent crude for June eased 48 cents to $63.50 in late-morning trade.

Oil market jumps on hopes of easing global supply glut

Last Updated: Wednesday, April 15, 2015, 19:05

World oil prices shot higher Wednesday on forecasts that US shale production would likely drop and help ease a global supply glut, analysts said.

Oil prices down in Asian trade

Last Updated: Tuesday, April 7, 2015, 09:30

Oil prices fell on profit-taking in Asia Tuesday after rallying in the previous session owing to doubts the nuclear agreement between Iran and global powers will immediately boost Tehran`s crude exports, analysts said.