Oil price

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford
Global Economy

Oil rebounds, but gains limited amid demand concerns as India reels from Covid-19

The OPEC+ joint technical committee has maintained a forecast for growth in oil demand growth this year, but has concerns about the surging Covid-19 cases in India and elsewhere

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford
Global Economy

Oil inches lower on concerns over Covid-19 surge in India, Japan

The International Energy Agency forecasts India's consumption to double and its oil import bill to nearly triple from 2019 levels to more than $250 billion by 2040. Representative Image: REUTERS
Global Economy

Oil prices rise on stronger economic outlook, US stockpile draw

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo:Reuters
Global Economy

Oil rebounds on robust economic data, bargain hunting

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture, April 14, 2020/ Reuters
Global Economy

Oil prices dip after OPEC+ agree to ease output cuts

FILE PHOTO: Container ship runs aground in Suez Canal, blocks traffic- Reuters
Global Economy

Oil prices slide as coronavirus lockdown concerns outweigh Suez Canal disruptions

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil prices rebound as US House passes huge stimulus bill

A PetroChina worker inspects a pump jack at an oil field in Tacheng, Xinjiang Uighur Autonomous Region, China June 27, 2018.
Global Economy

OPEC, US oil firms expect subdued shale rebound even as crude prices rise

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo:Reuters
Global Economy

Oil prices climb as deep freeze shuts US oil wells, curbs refineries

A view of the PES Refinery in Philadelphia, Pennsylvania, US, November 2, 2020. Picture taken November 2, 2020. REUTERS/Dane Rhys
Global Economy

Oil rises on fears of heightened tensions in Middle East

A man wearing a protective face mask walks past a screen displaying a graph showing recent Nikkei share average outside a brokerage, amid the coronavirus disease (COVID-19) outbreak, in Tokyo, Japan November 2, 2020. REUTERS/Issei Kato
Global Economy

Asian shares hit all-time highs, oil rises on Middle East tensions

Photo: Bloomberg/ Bartek Sadowski
Global Economy

Oil climbs to 13-month highs, as supply cuts, demand optimism support

FILE PHOTO: General view of Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. REUTERS/Ahmed Jadallah
Global Economy

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar