Barani Krishnan

Business, Fuel

Oil Prices Surge 4%, Brent Back Above $50

Brittany Sowacke/Bloomberg News

NEW YORK — Oil prices surged 4% on June 30, with Brent settling above the psychological $50 a barrel mark, after a larger-than-expected drawdown in U.S. crude inventories.

Barani Krishnan | Reuters
June 30, 2016
Business, Technology

Amazon Unveils Unmanned Package Delivery Drones

Amazon.com

Amazon has unveiled what its unmanned drones for package delivery would look like with a video launched on Nov. 29 on the prototype of technology it announced two years ago.

Barani Krishnan | Reuters
November 30, 2015
Business, Fuel

US Crude Posts Biggest Monthly Fall Since 2008

Eric Gaillard/Reuters

U.S. crude posted its biggest monthly drop since the 2008 financial crisis on July 31 after a string of losses in July triggered by China's stock market slump and signs that top Middle East producers were pumping crude at record levels.

Barani Krishnan | Reuters
July 31, 2015