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Brent Oil - Brent oil may reverse downtrend

Brent oil may reverse its downtrend in a range of $69.69-$70.58 per barrel, as suggested by a projection analysis and the hourly RSI. The range is formed by 161.8 per cent and the 150 per cent project...

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Brent oil prices hit 4-year high ahead of Iran sanctions

Brent crude oil prices rose to their highest since November 2014 on Monday ahead of U.S. sanctions against Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries ...

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Oil slides amid supply spurt, Iran sanction waivers; Brent sheds 14 cents

Oil prices dipped on Wednesday as rising output and US sanction waivers that allow Iran's biggest buyers to keep taking its crude reinforced the outlook for a well-supplied market. Front-month Brent c...

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Oil marketing companies stocks rise after brent crude price sinks to six-month low

The stocks of oil marketing companies (OMCs) rose in trade today supported by a fall in brent crude oil price in international market. OMC stocks such as Bharat Petroleum, Indian Oil and Hindustan Pet...

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Goldman Sachs Still Says Brent Crude Oil Will Hit $80 By Year's End

U.S. oil prices are at a six-month low and saw an especially sharp drop in October. Record production in the U.S. and an agreement by OPEC to raise supply may be responsible. But the bank Goldman ...

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