Department of Energy

Oil prices hit lowest since November on expanding US inventories

Oil prices slipped to almost four-month lows on Wednesday after data showed U.S. crude inventories rising faster than expected, piling pressure on OPEC to extend output cuts beyond June.

Mar 22, 2017, 17:41 PM IST

Oil prices slip in Asian trade

Now, the rally seems to have fizzled out probably due to profit-taking as the market re-adjusts.

May 22, 2015, 10:13 AM IST