US oil rallies second day; WTI up 6.3%

Last Updated: Saturday, August 29, 2015, 00:46

US crude-oil prices surged higher for a second straight day Friday, as investors appeared to view the recent nose-dive as overdone.

US oil jumps more than 10% to $42.56 a barrel

Last Updated: Friday, August 28, 2015, 00:53

US oil prices surged more than 10 percent Thursday, climbing back above $40 a barrel after strong American economic growth data lifted confidence about the world`s biggest economy and petroleum user.

Crude oil sinks again amid global supply glut

Last Updated: Saturday, August 8, 2015, 02:55

Crude oil prices fell again Friday as the main US futures contract concluded its sixth straight week of losses, in a market awash with worry about the global oversupply.

Oil prices flat awaiting Greece, Iran outcomes

Last Updated: Saturday, June 27, 2015, 04:23

Oil prices traded flat Friday in a market still devoid of strong demand or supply signals but wary of Greece`s cliffhanger debt talks and negotiations about Iran`s nuclear program in Vienna.

Oil prices jump to 2015 high on dollar`s sharp fall

Last Updated: Wednesday, June 3, 2015, 04:18

A sharp fall in the dollar on improved eurozone economic data sent New York oil prices to fresh 2015 highs Tuesday, even as officials at OPEC defended their generous output strategy.

Oil prices drop ahead of OPEC meeting

Last Updated: Tuesday, June 2, 2015, 07:08

Oil prices dipped Monday as the dollar strengthened and the market looked ahead to an OPEC meeting expected to keep output high.

Crude oil futures firm up on overseas cues

Last Updated: Tuesday, May 19, 2015, 11:24

WTI crude prices for June delivery rose 6 cents to USD 59.49 while Brent crude for July eased 14 cents to USD 66.13 a barrel in late-morning trade on the New York Mercantile Exchange.

Oil prices mixed in Asian trade

Last Updated: Tuesday, May 19, 2015, 11:06

Global oversupply with weak demand, continue to put a cap on prices despite geopolitical unrest.

Asia shares slip after US data but euro advances

Last Updated: Thursday, May 14, 2015, 11:02

Asian markets mostly retreated, however, the euro added to recent gains after data showing the eurozone economy picking up,

Crude oil futures up Rs 49 per barrel on overseas cues

Last Updated: Wednesday, May 13, 2015, 11:48

Crude oil for delivery in May gained Rs 49, or 1.26%, to Rs 3,936 per barrel.

Global oil prices shoot higher

Last Updated: Wednesday, May 13, 2015, 01:06

Global oil prices rebounded sharply on Tuesday on the falling greenback, which makes dollar-priced crude cheaper for buyers using stronger currencies.