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OIL PRICE

FILE PHOTO: The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S (REUTERS)

Oil falls after US inventory build feeds oversupply fears

1 min read . 07:21 AM IST

OPEC has steadily lowered its 2021 oil demand growth forecast from an initial 7 million bpd expected in July. (AP)

OPEC again cuts 2021 oil demand forecast as Covid-19 cases rise

1 min read . 13 Oct 2020

A Russian army vehicle, part of a patrol, drives past an oil field in the countryside. (AFP)

Oil prices fall 3% as US, Libyan, Norwegian supplies resume

1 min read . 12 Oct 2020

A Whiting Petroleum Co. pump jack pulls crude oil from the Bakken region of the Northern Plains near Bainville, (AP)

Oil prices extend losses as US producers restore output

1 min read . 12 Oct 2020

The Organization of the Petroleum Exporting Countries said on Thursday world oil demand will plateau in the late 2030s and could by then have begun to decline. (REUTERS)

Oil prices head for 10% weekly jump on North America, Norway outages

1 min read . 09 Oct 2020

FILE - This Nov. 6, 2013 file photo shows a Whiting Petroleum Co. pump jack pulls crude oil from the Bakken region of the Northern Plains near Bainville, Mont. A federal judge has ruled that the Trump administration's leading steward of public lands has been serving unlawfully and blocked him from continuing in the position. U.S. District Judge Brian Morris said Friday, Sept. 25, 2020, that U.S. Bureau of Land Management acting director William Perry Pendley was never confirmed to the post by the U.S. Senate and served unlawfully for 424 days. Montana's Democratic governor had sued to remove Pendley, saying the the former oil industry attorney was illegally overseeing a government agency that manages almost a quarter-billion acres of land, primarily in the U.S. West. (AP Photo/Matthew Brown, File) (AP)

‘Oil prices to stay around $50 bbl’

1 min read . 05 Oct 2020

Futures in New York were steady in early Asian trading after closing up 1% on Thursday.

Oil rally stutters on risk of new supply amid worsening demand

1 min read . 25 Sep 2020

An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery in Saudi Arabia

Swollen diesel stockpiles threaten oil price recovery

1 min read . 17 Sep 2020

Oil & Gas pump jack is seen near Granum, Alberta, Canada (REUTERS)

Oil prices add to losses as supplies swell amid weak demand

1 min read . 11 Sep 2020

The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S. (REUTERS)

Oil falls past two-month low on bleak short-term demand outlook

1 min read . 08 Sep 2020

Oil tanks at a Saudi Aramco oil facility (REUTERS)

Saudis Reduce Oil Pricing in Sign Demand Recovery Struggling

2 min read . 06 Sep 2020

The sun sets behind a crude oil pump jack (REUTERS)

Oil Holds at Five-Month High as Hurricane Nears U.S. Gulf Coast

1 min read . 26 Aug 2020

Energy companies moved to cut production at U.S. Gulf Coast oil refineries

Oil prices mixed on storm-driven output cuts, rising Covid-19 cases

1 min read . 25 Aug 2020

Worshippers wearing face masks attend a mass outside church following the reopening of Churches and lifting of restrictions on religious gatherings by the government as precaution to check the spread of COVID-19 Coronavirus at the Holy Cross Cathedral in Lagos, on August 9, 2020. (AFP)

Nigeria economy falls by the most in a decade

2 min read . 24 Aug 2020

ONGC Mangalore Petrochemicals is owned by Mangalore Refinery and Petrochemicals and parent company Oil and Natural Gas Corp. File Photo: Bloomberg

Oil prices advance as China lines up boost in US crude imports

1 min read . 17 Aug 2020

FILE PHOTO: The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, U.S. (REUTERS)

Oil prices rise, head for weekly gain amid cautious hopes for recovery

1 min read . 14 Aug 2020

The sun sets behind an oil pump outside (REUTERS)

Oil Trades Near $43 Though IEA Casts Doubt on Demand Outlook

1 min read . 13 Aug 2020

The recent fall in crude oil prices have arrested the fall of the rupee, and made India’s external sector metrics look less vulnerable than before. Photo: Reuters

Oil prices back on the rise on US stimulus hopes, Iraq output cut

1 min read . 10 Aug 2020

Residents fill their containers with gasoline (AP)

Oil prices pull back from 5-month highs as rising product stocks weigh

1 min read . 06 Aug 2020

The two benchmark contracts rose more than 1% on Wednesday (AFP)

Oil prices struggle to hold five-month high amid pandemic worries

1 min read . 06 Aug 2020

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