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Oil impressive overnight rally peters out Oil prices rocketed higher overnight, as Hurricane Laura worries and a dramatic fall by 4.4 million barrels for US Crude Inventories provoked an aggressive ...
US West Texas Intermediate (WTI) crude futures were down 70 cents, or 1.7 per cent, to $39.46 a barrel, after jumping 4.9 per cent on Wednesday.
Crude prices have rebounded more than 5 per cent in two days after Hurricane Sally disrupted production in the Gulf of Mexico and data showed US stockpiles were shrinking. Brent crude, the ...
Oil prices fell on Thursday, after rising steeply in the two previous sessions, as concerns about weak fuel demand re-emerged and producers in the Gulf of Mexico prepared to resume output following ...
In the futures market, crude oil for September delivery touched an intraday high of Rs 2,795 and an intraday low of Rs 2,727 per barrel on the MCX ...