Oil slides to lowest since 2003 as Iran sanctions are lifted
Oil prices hit their lowest since 2003 on Monday, as the market braced for a jump in Iranian exports after the lifting of sanctions against the country at the weekend.
Jan 18, 2016, 08:59 AM IST
Iran to boost oil exports by 500,000 bpd after sanctions: Shana
Iran is ready to increase its crude oil exports by 500,000 barrels a day, the deputy oil minister said on Sunday, hours after international sanctions on Tehran were lifted, removing an obstacle to exports.
Jan 17, 2016, 14:56 PM IST
Oil plummets to $29 per barrel, dragging world stocks lower
Oil prices plummeted to $29 a barrel on Friday on the impending resumption of Iranian oil exports into an already flooded market as international sanctions against the country are lifted, dragging equity indexes around the world sharply lower.
Jan 16, 2016, 12:32 PM IST
Know the revised prices of petrol and diesel in four metro cities
Know the revised prices of petrol and diesel in four metro cities.
Jan 15, 2016, 19:10 PM IST
Sensex plummets 318 points to fresh 19-month low, Nifty cracks below 7,500-level
For the week, the BSE Sensex and the NSE Nifty lost 479.29 points or 1.92 percent and 163.55 points or 2.15 percent, respectively.
Jan 15, 2016, 18:00 PM IST
Watch: Why rates of petrol and diesel may come down soon
Why rates of petrol and diesel may come down soon.
Jan 14, 2016, 16:25 PM IST
Brent falls to another 12-year low on oversupply gloom
It was the second time in two days for Brent, the global benchmark, to drop below $30 a barrel.
Jan 14, 2016, 10:09 AM IST
China December exports, imports fall much less than expected
China will release fourth-quarter and full-year 2015 economic growth data on January 19.
Jan 13, 2016, 15:57 PM IST
Oil plunges below $30 per barrel, first time since Dec 2003
Oil plunged below $30 per barrel on abundant crude supplies, as OPEC member Nigeria called for an emergency meeting to address collapsing prices that have ravaged revenues.
Jan 13, 2016, 00:01 AM IST
Oil tumbles nearly 5% to new lows; analysts warn of $20s
A brutal new year selloff in oil markets deepened on Monday, with prices plunging as much as 5 percent to new 12-year lows as further ructions in the Chinese stock market threatened to knock crude into the $20s.
Jan 11, 2016, 23:33 PM IST
Oil options lurch closer to $20 per barrel Goldman doomsday forecast
When US investment bank Goldman Sachs said last year that oil could fall as low as $20 per barrel, it assigned a fairly low probability to that scenario.
Jan 11, 2016, 23:24 PM IST
Oil down again to 12-year low; $30 handle looks more likely
Brent settled down 48 cents at $33.75, after sliding to a low of $32.16, a level last seen in April 2004.
Jan 08, 2016, 09:17 AM IST
Oil extends losses, nears $33 a barrel
Oil prices plunged close to $33 a barrel on Thursday as crude extended losses on rising US energy stockpiles and China's weakening currency.
Jan 07, 2016, 11:56 AM IST
Asia subdued as crude oil flounders, global woes support dollar and yen
dollar and yen drew support from anxiety over global growth and geopolitical risk stemming from Iran-Saudi tensions.
Jan 06, 2016, 06:24 AM IST
Oil prices rise after Saudi Arabia cuts ties with Iran
Oil prices rose in Asia Monday after crude kingpin Saudi Arabia cut diplomatic ties with Iran following a row over Tehran`s execution of a Shiite cleric.
Jan 04, 2016, 08:39 AM IST
Excise duty hike on petrol, diesel: All you need to know
There will be no increase in retail selling price of petrol and diesel as state-owned oil firms had not passed on the full benefit of a reduction in international oil prices to consumers on January 1.
Jan 02, 2016, 17:51 PM IST
Oil prices subdued in Asia
Oil prices remained weak in Asia on Tuesday on tepid economic data from Japan and indications that major crude exporter Saudi Arabia's 2016 budget is based on prices staying low.
Dec 29, 2015, 11:28 AM IST
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Dec 29, 2015, 10:14 AM IST
Oil falls to $37, near 11-year low, as excess supply weighs
Oil fell to around $37 a barrel on Monday, trading within sight of an 11-year low, pressured by excess supply that has led to prices more than halving since the downturn began in mid-2014.
Dec 28, 2015, 21:26 PM IST