Oil prices extend gains after biggest daily climb in 6 years

Last Updated: Friday, August 28, 2015, 14:11

Crude oil futures rose on Friday, adding to their biggest one-day rally in over six years the day before, led by recovering equity markets and news of diminished crude supplies.

Oil markets catch breath after biggest gains in six years

Last Updated: Friday, August 28, 2015, 08:27

Crude oil futures were largely steady on Friday after posting their biggest one-day rally in over six years the day before led by recovering equity markets and news of diminished crude supplies.

Watch: Should there be a cut in petrol and diesel prices?

Last Updated: Wednesday, August 26, 2015, 22:58

Brent on Wednesday was up 30 cents at $43.51 a barrel by 1300 GMT, and US crude was up 10 cents at $39.41 a barrel.

Oil price near 6.5-year low as China economy fears linger

Last Updated: Wednesday, August 26, 2015, 08:56

Crude oil futures held in a narrow band on Wednesday not far off 6-1/2 year lows after China`s central bank moved to support the country`s stumbling economy, while concerns about a supply glut capped gains.

Oil rebounds but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 22:29

Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.

Oil rallies but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 16:52

European share markets recovered on Tuesday but Chinese stock markets closed down more than 7 percent, with panic selling intensifying after the Shanghai Composite Index crashed through key support at 3,000 points.

Brent and US oil mark fresh 6-1/2-year lows on China and oversupply

Last Updated: Monday, August 24, 2015, 08:09

US October crude also had dropped 60 cents to $39.85 a barrel, after hitting $39.71 a barrel or the lowest since $39.44 in March of 2009.

Oil dives below $40 per barrel, logs longest weekly losing streak in 29 years

Last Updated: Friday, August 21, 2015, 21:59

US crude oil prices on Friday dove below USD 40 a barrel for the first time since the 2009 financial crisis, notching their longest weekly losing streak in 29 years.

Five key reasons behind falling oil prices

Last Updated: Thursday, August 20, 2015, 10:59

Here are the 5 key reasons of oil price decline.

Oil price hits 6.5-year low, approaches key $40 level

Last Updated: Thursday, August 20, 2015, 10:03

Oil prices slid to a fresh six and a half year low in Asia Thursday, approaching the key USD 40 a barrel level after a surprise rise in US inventories added to concerns of a supply glut.

Oil prices fall ahead of US stocks data

Last Updated: Wednesday, August 19, 2015, 09:22

US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.