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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 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.

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.

Oil dips in Asia after mixed US report

Last Updated: Thursday, September 3, 2015, 10:09

US benchmark West Texas Intermediate for October delivery fell 45 cents to USD 45.80 while Brent crude for October slipped 38 cents to USD 50.12 in late-morning trade.

Oil falls back below $49 as glut, China concerns weigh

Last Updated: Monday, August 31, 2015, 14:32

International benchmark Brent crude climbed 10 percent last week but was still heading for its fourth straight monthly decline and has risen in only two of the past 14 months.

Oil prices dip in Asia after huge rally

Last Updated: Monday, August 31, 2015, 11:05

US benchmark West Texas Intermediate for October delivery eased 79 cents to USD 44.43 while Brent crude for October fell USD 1.00 to USD 49.05 in late-morning trade.

Oil prices fall on profit taking, rate hike uncertainty

Last Updated: Monday, August 31, 2015, 08:52

That came after Brent climbed 10 percent last week, while US crude finished the week up 12 percent.

Govt nods royalty payment to states on crude oil production

Last Updated: Wednesday, August 26, 2015, 21:35

The government Wednesday agreed to pay states like Gujarat and Assam, from its annual budget, the difference between royalty paid by operators of some oil fields as per their contract and actual prevailing rate.

Oil rebounds but still near 6-1/2-year lows

Last Updated: Tuesday, August 25, 2015, 22:29

Futures of U.S. crude and Brent, the global oil benchmark, are both down more than 16 percent on the month.

Oil prices fall ahead of US stocks data

Last Updated: Wednesday, August 19, 2015, 09:22

US benchmark West Texas Intermediate for September delivery fell 17 cents to USD 42.45 a barrel and Brent crude for October dipped 23 cents to USD 48.58 a barrel in late-morning Asian trade.

Oil prices fall again as US and Asian demand looks to weaken

Last Updated: Tuesday, August 18, 2015, 08:40

Both crude oil benchmarks are now almost a third below their last peak from May, and analysts say more falls could lie ahead.

Oil prices slide further in Asia

Last Updated: Monday, August 17, 2015, 09:07

Oil prices resumed their decline in Asia on Monday as a global glut of crude supplies showed no signs of abating in the face of sluggish demand, analysts said.