Tag Archives: Further

Petrol prices in India slide further as crude gets into $50 range

Petrol prices have slid globally amidst the upheaval in the oil market following the sanctions on Iran and increased output from OPEC as well as America. With the prices for Brent crude hitting the $50 range after peaking at about $74 about a couple of months ago, the prices in India have also reduced from the all-time high they had ... Read More »

US Crude Climbs Further on Iran Support for Oil Output Cap

Singapore: U.S. crude futures rose as much as 3 percent in early Asian trade on Thursday after Iran backed plans by Russia and Saudi Arabia to cap crude oil production at January levels, extending steep gains in the previous session. U.S. crude jumped $1.06 shortly after Asian markets opened, and was trading up 77 cents at $31.43 a barrel as ... Read More »

ECB Says Ready to Ease Policy Further in March

ECB President Mario Draghi dismissed criticism that the central bank was running out of ammunition. Brussels/Frankfurt: The European Central Bank is ready to ease policy further in March, President Mario Draghi said on Monday, highlighting risks from financial market volatility, a global slowdown in growth and low oil prices. The ECB will examine risks emanating from weaker emerging market growth ... Read More »