Last Updated: Thursday, August 6, 2015, 13:04
"We`re talking about September crude runs now and that`s pretty much past summer," said Tony Nunan, a risk manager at Mitsubishi Corp.
Last Updated: Wednesday, August 5, 2015, 01:33
Oil prices rose modestly Tuesday, snapping a three-day skid as traders awaited key data on US petroleum supplies and employment levels.
Last Updated: Tuesday, August 4, 2015, 21:24
Oil recovered to just above $50 a barrel on Tuesday after touching a six-month low in the previous session, although high global production and concern over the economic outlook in China weighed on the outlook.
Last Updated: Tuesday, August 4, 2015, 21:09
A continuing plunge in crude oil and other commodity prices in global markets offers one of the best and the lowest-cost means to choke the inflation fangs sustainably and India must take advantage of this scenario, RBI Governor Raghuram Rajan said Tuesday.
Last Updated: Tuesday, August 4, 2015, 04:47
Oil prices lurched 5 percent lower on Monday to their lowest since January, taking global benchmark Brent below $50 a barrel as weak factory activity in China deepened a commodity-wide rout.
Last Updated: Tuesday, August 4, 2015, 02:01
Oil prices dived Monday, with Brent crude tumbling about five percent, after new data showed weakening US and Chinese manufacturing and amid worries about the global supply glut.
Last Updated: Monday, August 3, 2015, 08:27
US benchmark West Texas Intermediate for September fell 36 cents to $46.76 while Brent crude for September eased 42 cents to $51.79 in morning trade.
Last Updated: Friday, July 31, 2015, 20:33
Oil prices extended their decline on Friday with no sign of an end to a global supply glut.
Last Updated: Friday, July 31, 2015, 18:30
The sharp decline in the pace of growth during June follows a six-month high rate of 4.4 percent in May this year.
Last Updated: Friday, July 31, 2015, 17:35
The eight sectors contribute 38 percent to the overall industrial production, a parameter that the RBI takes into account while framing its monetary policy.
Last Updated: Friday, July 31, 2015, 09:20
US benchmark West Texas Intermediate for September delivery fell 36 cents to $48.16 and Brent crude for September shed 29 cents to $53.02 a barrel in late-morning trade.
Last Updated: Thursday, July 30, 2015, 10:33
US benchmark West Texas Intermediate (WTI) for September delivery was up 13 cents at USD 48.92 and Brent crude gained 32 cents to USD 53.70 a barrel in late-morning trade.
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