U.S. didn’t import any Saudi crude last week for the first time in 35 years, a reversal from just months ago when the Kingdom threatened to...
New York: Oil prices have ended lower on rising concerns over the extent of the OPEC (Organization of the Petroleum Exporting Countries) member countries implementing the...
Beijing: China’s equities tumbled on Tuesday due to losses from energy firms as global oil prices plunged to a nearly seven-year low overnight in New York. The...
Mumbai: Key Indian equity indices opened lower on Tuesday in line with their Asian peers, as the steep fall in crude oil prices the day before...
New York: Oil prices dropped on Friday as the Organisation of the Petroleum Exporting Countries (OPEC) ended a meeting without any agreement to reduce the production....
New York: Oil prices stabilised on Tuesday ahead of the OPEC gathering scheduled on Friday in Vienna. Iranian Oil Minister Bijan Zanganeh on Tuesday urged the...
Vienna: The price of the OPEC basket of twelve crudes stood at $38.93 a barrel on Monday, compared to $39.08 last Friday, the organisation’s secretariat said....
New York: Oil prices gained on Thursday as weaker dollar made the dollar-priced crude less expensive and more attractive for buyers holding other currencies. The US dollar...
Vienna: The price of the OPEC basket of twelve crudes rose by over a dollar and stood at $46.08 a barrel on Tuesday, compared to $44.95 the...
Vienna: The price of the OPEC basket of twelve crudes stood at $43.81 a barrel on Monday, compared to $44.34 last Friday, the organisation’s secretariat said....