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The Business Standard

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May 15, 2025

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THURSDAY, MAY 15, 2025

oil price fell

An employee holds a sample of crude oil at the Yarakta oilfield, owned by Irkutsk Oil Co, in the Irkutsk region, Russia on 11 March, 2019. REUTERS/Vasily Fedosenko/File Photo
Global Economy

Oil retreats on US demand worries despite China stimulus, supply

A weak dollar has also provided support for crude prices as a lower dollar makes oil less expensive for buyers. Photo: Collected
Global Economy

Oil gains reverse on banking sector fragility

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB) gasoline, CARB diesel fuel, and other petroleum products, in Carson, California, US, March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan/File Photo
Global Economy

Oil slips as US crude stockpiles rise

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant
World+Biz

Oil falls on demand worries, stronger US dollar

General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, US, March 30, 2020. REUTERS/Mike Segar
Global Economy

Oil prices fall as Libya resumes output, global demand outlook darkens

General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, US, March 30, 2020. REUTERS/Mike Segar
Global Economy

Oil prices ease from sharp spike, soft dollar supports

An aerial view shows Shibushi National Petroleum Stockpiling Base in Kagoshima prefecture, Japan January 18, 2019, in this photo taken by Kyodo. Photo :Reuters
Inflation

Oil drops on recession fears and China Covid curbs

Storage tanks are seen at Marathon Petroleum's Los Angeles Refinery, which processes domestic & imported crude oil into California Air Resources Board (CARB), gasoline, diesel fuel, and other petroleum products, in Carson, California, U.S., March 11, 2022. Picture taken with a drone. REUTERS/Bing Guan
Global Economy

Oil slips more than 2% on fears recession may hit demand

Workers walk as oil pumps are seen in the background in the Uzen oil and gas field in the Mangistau Region of Kazakhstan November 13, 2021. REUTERS/Pavel Mikheyev
Global Economy

Oil prices fall as market weighs mixed supply signals

A model of 3D printed oil barrels is seen in front of displayed stock graph going down in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration
Global Economy

Oil dives 4%, below $100 on China lockdowns, reserves release plan

A model of 3D printed oil barrels is seen in front of displayed stock graph going down in this illustration taken, December 1, 2021. REUTERS/Dado Ruvic/Illustration
Global Economy

Oil tumbles to 2-week low on Ukraine talks, fears over China demand

FILE PHOTO: FILE PHOTO: E85 ethanol fuel is shown being pumped into a vehicle at a gas station selling alternative fuels in the town of Nevada, Iowa, December 6, 2007. REUTERS/Jason Reed/File Photo/File Photo
Global Economy

Oil prices slide, extending last week's decline

A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas, US June 9, 2016. Photo :Reuters
Global Economy

Oil prices dive to two-month lows, spooked by new Covid variant

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