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Oil Price - Oil Prices Rise As Saudi Arabia Pledges Supply Cut
WASHINGTON (dpa-AFX) - Oil prices rose on Monday amid news that Saudi Arabia would reduce crude sales in December to shore up sagging prices. Media reports suggest that other major producers are also ...
Sensex, Nifty fall 1% as crude oil prices surge
Mumbai, Nov 12 (IANS) A rise in global crude oil prices, along with a weak rupee, dragged the key equity indices lower by around 1 per cent on Monday. Except for the IT and Teck sectors, all the other ...
Will oil price shoot up again?
NEW DELHI: Brent crude oil traded below $70 last Friday, fuelling consumer hopes of a cheaper retail price of petrol and diesel after months of rising cost. The fall in price was attributed to the ...
Commentary: Crude oil market completes U-turn as Saudis signal price discontent
LAUNCESTON, Australia (Reuters) - What a difference a month can make. The crude oil market has gone from worrying about not having enough supply to fretting that prices are being overwhelmed by a ...
Oil price rises as Saudi Arabia announces plans to cut production in December
The oil price is higher Monday, boosted by news Saudi Arabia plans to reduce its output levels in December, following a period of price falls. The oil price is higher Monday, with US crude ...