Last Updated: Thursday, March 29, 2012, 09:45
Oil prices fell in Asian trade on Thursday following US and European indications of support for releasing strategic oil reserves, analysts said.
Last Updated: Thursday, March 15, 2012, 10:07
Oil prices were mixed in Asian trade on Thursday, as investors weighed concerns over a supply disruption in the Middle East and a surge in US crude stockpiles, analysts said.
Last Updated: Wednesday, March 7, 2012, 09:31
Oil prices rebounded in Asian trade on Tuesday amid lingering concerns over Western efforts to rein in Iran's nuclear programme, analysts said.
Last Updated: Monday, February 27, 2012, 09:24
Oil prices were lower in Asian trade on Monday as traders took profits from last week's gains, while concerns over crude producer Iran's nuclear programme remain, analysts said.
Last Updated: Thursday, February 23, 2012, 09:22
World oil prices jumped today to new nine-month highs, driven by fresh geopolitical worries over key crude producer Iran, dealers said.
Last Updated: Monday, February 20, 2012, 10:34
Oil prices jumped to a nine-month high near USD 105 a barrel on Monday in Asia after Iran said it halted crude exports to Britain and France in an escalation of a dispute over the Middle Eastern country's nuclear programme.
Last Updated: Wednesday, February 15, 2012, 22:05
Oil hit a six-month high near USD 120 a barrel on Wednesday as concern about supply from Iran, other Middle East producers and Africa outweighed those about the health of the global economy.
Last Updated: Friday, October 14, 2011, 00:26
Consumers are spending less and buying fewer Chinese products.
Last Updated: Thursday, September 15, 2011, 18:53
After two consecutive price cuts, state-owned oil companies on Thursday hiked jet fuel, or ATF, price by 2.5 percent in line with firming of international oil rates.
Last Updated: Friday, September 2, 2011, 22:48
Oil prices fell on Friday after US job growth stalled in August, raising the specter of economic recession in the world's top oil consumer.
Last Updated: Wednesday, July 13, 2011, 21:30
Oil demand growth will accelerate next year, led by consumption from emerging economies, the International Energy Agency said on Wednesday, contradicting a more conservative outlook from producer club OPEC.
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