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Oil prices rebound after heavy sell-off

Last Updated: Wednesday, September 16, 2015, 07:40

Oil prices bounced on Tuesday as traders bought the dip after sharp decline.

Asian shares tread water as Fed meeting looms

Last Updated: Tuesday, September 15, 2015, 08:32

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.1 percent, after Wall Street logged losses, with U.S. trading volume at its lowest in a month as markets awaited the Fed outcome.

Oil prices edge up after sharp falls in previous session

Last Updated: Tuesday, September 15, 2015, 08:28

Crude prices fell on Monday with the onset of lower demand autumn trading and as weak economic data out of China and soft gasoline prices pressured the market.

Oil prices edge up after sharp falls in previous session

Last Updated: Tuesday, September 15, 2015, 07:26

Oil prices steadied early on Tuesday as traders closed short positions and took on new longs after markets tumbled in the previous session.

Oil prices edge up after US drilling cut but oversupply still weighs

Last Updated: Monday, September 14, 2015, 09:37

US crude futures were trading at $44.86 per barrel at 0215 GMT, up 23 cents from their last settlement, pushed by a slight fall in drilling activity.

Asian shares edge up, brush off soft China data

Last Updated: Monday, September 14, 2015, 09:34

US stock futures rose 0.4 percent from late US levels in early Asian trade while Japan`s Nikkei rose 0.4 percent. MSCI`s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.

Oil prices retreat as Goldman Sachs cuts forecasts

Last Updated: Saturday, September 12, 2015, 07:36

Oil prices dropped Friday as the Wall Street bank Goldman Sachs slashed its forecasts for crude prices.

Oil falls more than 2 percent after Goldman cuts forecasts

Last Updated: Friday, September 11, 2015, 17:31

Goldman cut its 2015 Brent price forecast to $53.70 a barrel from $58.20, and said it saw 2016 Brent prices at $49.50, down from its earlier $62 forecast.

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.

Oil prices down ahead of US energy report

Last Updated: Thursday, September 10, 2015, 09:22

US benchmark West Texas Intermediate for October delivery fell 65 cents to USD 43.50 while Brent crude for October dropped 76 cents to USD 46.82 in late-morning trade.

India should buy overseas assets aggressively: Pradhan

Last Updated: Wednesday, September 9, 2015, 12:43

Opportunities emerging from low oil prices were discussed at a meeting called by Prime Minister Narendra Modi with business leaders, bankers and bureaucrats yesterday against the backdrop of global economic turmoil, he said.

Asian stocks catch a lift from Wall Street, Europe

Last Updated: Wednesday, September 9, 2015, 08:35

MSCI`s broadest index of Asia-Pacific shares outside Japan was up 1.2 percent in early trade, after major Wall Street indexes all logged gains of more than 2 percent.