international-crude-price - Latest News on international-crude-price | Read Breaking News on Zee News

Oil weakens as Saudi sees no need for oil summit to defend prices

Last Updated: Friday, September 11, 2015, 08:49

The front-month October contract for Brent, the global oil benchmark, shed 5 cents to USD 48.84 a barrel after it settled up USD 1.31, or 2.8 percent, on Thursday at USD 48.89 a barrel.

US crude rebounds towards $59 on crude stocks data

Last Updated: Wednesday, May 20, 2015, 08:48

US crude futures rose on Wednesday after a more than three percent slide in the previous session, supported by a larger than expected drop in crude inventories, although a firmer dollar capped gains.

Oil up 3% in largest gain in three weeks; volatility threatens

Last Updated: Wednesday, May 13, 2015, 08:44

Oil rose 3 percent on Tuesday, the most in three weeks, as a weak dollar lifted commodities denominated in the currency and OPEC raised slightly its forecast for world oil demand growth.

Oil prices down in Asian trade

Last Updated: Tuesday, April 28, 2015, 10:17

Oil prices fell in Asia on Tuesday after a senior Saudi official signalled that the world's top crude exporter has no intention of cutting production despite a global supply glut, analysts said.

Oil hits 2015 high on Yemen worry; US gasoline at November peaks

Last Updated: Friday, April 24, 2015, 09:28

Crude oil prices settled up 3 percent on Thursday, hitting 2015 highs, while U.S. gasoline reached 5-month peaks after Saudi Arabia and its allies maintained a bombing blitz in Yemen that heightened concerns about the security of Middle East oil supplies.

Oil prices down in Asian trade

Last Updated: Wednesday, April 22, 2015, 09:34

Oil prices fell in Asia today after a Saudi-led coalition declared an end to four weeks of air strikes in Yemen and ahead of a key US supply report.

Brent nudges up to near $57, set for weekly gain

Last Updated: Friday, April 10, 2015, 13:03

Brent crude edged up on Friday, supported by strong economic data from Germany that lifted the oil demand outlook and as worries about a quick return of Iranian supplies eased.

Oil prices edge back from 6% fall, but outlook weak

Last Updated: Thursday, April 9, 2015, 09:19

Oil prices rose in early trading on Thursday, clawing back a part of the 6 percent slump in the previous session after a shock jump in U.S. crude inventories and record Saudi output, although analysts said sentiment remained bearish.

Oil rallies on US data, bullish EIA monthly report

Last Updated: Wednesday, April 8, 2015, 08:49

Oil futures rallied on Tuesday and U.S. crude approached 2015 highs on strong jobs data and government forecasts for lower U.S. crude production growth and higher global demand for oil.

Oil up more than $1 after Saudi's Asia price hike

Last Updated: Monday, April 6, 2015, 12:38

Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised prices for crude sales to Asia for a second month, signalling better demand in the region.

Oil prices dip as Iran nuclear deadline approaches

Last Updated: Tuesday, March 31, 2015, 23:42

Oil sank on Tuesday as dealers tracked last-ditch efforts between global powers and Iran to reach a deal on Tehran's nuclear programme and ease sanctions imposed on the key crude producer.

Oil drops to $55 as Iran nuclear talks intensify

Last Updated: Tuesday, March 31, 2015, 19:18

Brent crude oil dropped towards $55 a barrel on Tuesday as Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.