Thomson Reuters | Saturday November 28, 2015
India's reliance on foreign oil will jump from 80 per cent to 90 per cent by 2040 and it would lead global energy demand growth, the International Energy Agency said in a report on the world's third largest energy consumer released in New Delhi on Friday.
Thomson Reuters | Monday November 9, 2015
Oil futures rose towards $48 per barrel on Monday as the Organization of the Petroleum Exporting Countries (OPEC) said it expected global demand to remain strong next year, while weak Chinese trade data and concerns over rising supplies weighed.
Thomson Reuters | Wednesday November 4, 2015
Wall Street closed higher on Tuesday, adding to the previous session's rally as rising oil prices boosted the energy sector, while US Treasury yields rose on speculation about a possible December Federal Reserve interest rate hike.
Thomson Reuters | Monday October 26, 2015
Global oil prices have more than halved since June 2014 on rising US shale oil output and as members of the Organization of the Petroleum Exporting Countries (OPEC) decided to defend market share rather than cut production.
Press Trust of India | Friday October 23, 2015
Low crude oil prices, increasing efficiency and rising air traffic will help the domestic airlines bring down their losses massively this fiscal year to around Rs 5,500 crore from around Rs 8,500 crore last year, according to an analyst report.
Sarvendra Srivastava | Monday October 12, 2015
After 18 months of hammering, crude oil prices have rebounded. The WTI crude chart (above) is showing the first sign of life after it probably made a lasting bottom at $37.75 per barrel.
Thomson Reuters | Wednesday October 7, 2015
A recovery in oil prices spread to stock markets and emerging market currencies on Wednesday, with the prospect of more support from the world's central banks offsetting more disappointing economic data.
Thomson Reuters | Sunday August 30, 2015
The influential US central banker was circumspect whether he would prefer to raise rates from near zero at a much-anticipated policy meeting on Sept. 16-17. But he said downward price pressure from the rising dollar, falling oil prices, and slack in the US labor market is fading.
Thomson Reuters | Saturday August 1, 2015
Oil prices are likely to bounce back from six-month lows to end this year higher and climb further in 2016 thanks to rising demand from emerging markets, a monthly Reuters poll showed on Thursday.
Thomson Reuters | Thursday July 23, 2015
Oil prices held steady on Thursday, with US crude trading below $50 per barrel near its lowest in more than three months as rising US stockpiles and a strong dollar weighed on the commodity.
Thomson Reuters | Friday July 3, 2015
Oil prices slipped on Friday as a rising US rig count stoked fears of global oversupply and after Chinese regulators opened an investigation into suspected stock market manipulation.
Thomson Reuters | Wednesday July 1, 2015
However, demand was also up with refinery crude runs rising by 77,000 barrels per day, API data showed.
Thomson Reuters | Thursday May 28, 2015
The gains followed two days of steep falls as a resurgent dollar weighed on the market amid concerns that U.S. crude supplies may have started rising again after three weeks of draws.
Thomson Reuters | Monday March 16, 2015
The euro struck a fresh 12-year low on Monday and Eurozone stocks reached new peaks on bets that the currency's relentless fall will boost corporate earnings prospects just as the rising dollar hits those of US firms.
Friday February 6, 2015
Prices remain roughly 50 per cent below their peak from the middle of last year, and no rapid recovery is expected amid rising global inventories and steady OPEC supply.
Tuesday February 3, 2015
Inflation, excluding food and fuel, declined for the second consecutive month in December. This was largely on account of the declining prices of transport and communication since August, reflecting the impact of plummeting global crude oil prices, and softer commodity prices more generally.
Thursday January 22, 2015
The rising dollar, helped further by an expected U.S. interest rate hike this year and an American economy that is growing while Europe and Asia slow, has put downward pressure on oil, which has seen prices move than halve since last June due to oversupply, in part produced by soaring U.S. output.
Thursday January 15, 2015
The collapse in oil prices is starting to slow growth in US output, the Organization of the Petroleum Exporting Countries (OPEC) said on Thursday, although the slowdown will not prevent an increasing global surplus in 2015 and demand for the exporter group's oil falling to its lowest in a decade.
Monday December 22, 2014
2014 has been a good year for equities, with the BSE Sensex rising over 30 per cent. Hopes of robust growth and further reforms are likely to propel markets in 2015, analysts say. But the key thing to watch will be global liquidity, which is the most significant driver for Indian stocks. Foreign investors pumped in over $40 billion in 2014, driving...
Tuesday December 16, 2014
Oil futures have almost halved since June amid rising output and cooling demand, but producer club OPEC has so far resisted calls to cut production to shore up prices.
Friday November 28, 2014
The BSE Sensex and Nifty surged to record highs on Friday as Brent crude prices headed towards $70 per barrel. Gains were broad-based with all sectors rising in morning trade. However, sectors that directly benefit from falling oil prices witnessed strong buying interest today.
Monday October 27, 2014
The US investment bank said in a research note on Sunday that it had cut its forecast for West Texas Intermediate to $75 a barrel from $90 and that for Brent to $85 from $100, with rising production in non-OPEC countries outside North America expected to outstrip demand.
Wednesday September 17, 2014
The benchmark sank to a 26-month low this week on rising supplies and signs of slower demand growth in China and Europe, but prices rallied after OPEC Secretary General Abdullah al-Badri said the group could trim its 2015 output target by 500,000 barrels per day (bpd).
Tuesday August 26, 2014
Brent crude edged up towards $103 a barrel on Tuesday, rising for a second session, although persistent supply pressure and weak economic data in major consumer countries curbed gains.