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Home > crude oil
crude oil
Traders are now eyeing next month’s meeting between the OPEC and Russia to determine if the group would deepen output cuts to prop up prices. (Photo: Twitter)
Oil slips as US-China trade deal hopes dwindle
13 Nov 2019 10:56 AM

A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.

On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 59, or 1.44 per cent, to Rs 4,034 per barrel with a business volume of 26,575 lots.
Crude oil futures slip by Rs 59 at Rs 4,034 per barrel
08 Nov 2019 1:10 PM

The fall in crude oil futures was mostly due to trimming of positions by traders in line with weak global cues, analysts said.

Similarly, crude oil for December delivery was quoting lower by Rs 5, or 0.12 per cent, at Rs 4,016 per barrel with an open interest of 296 lots.
Crude oil futures fall on sluggish demand
07 Nov 2019 12:49 PM

On Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 4, or 0.07 per cent, to Rs 4,001 per barrel.

Gasoline and distillate inventories dropped 2.8 million barrels and by 622,000 barrels respectively. (Photo: Twitter)
Oil unchanged after overnight losses amid caution over trade talks
07 Nov 2019 8:43 AM

US crude exports fell nearly 1 million barrels last week to 2.4 million barrels per day.

On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 3, or 0.07 per cent, to Rs 4,040 per barrel with a business volume of 30,797 lots.
Crude oil futures slip on weak global cues
06 Nov 2019 1:24 PM

The fall in crude oil futures was mostly due to trimming of positions by traders, in line with weak global cues, analysts said.

US West Texas Intermediate (WTI) crude CLc1 futures fell 21 cents, or 0.4 per cent, from their last close to USD 57.05 per barrel. (Photo: Twitter)
Oil slips on huge US crude build; hopes for US-China trade talks check losses
06 Nov 2019 8:54 AM

US crude inventories rose by 4.3 million barrels in the week ended Nov 1 to 440.5 million barrels.

The oil for delivery in December, too, shed Rs 44, or 1.08 per cent, to Rs 4,021 per barrel in 1,294 lots on the Multi Commodity Exchange.
Crude oil futures fall on low demand
05 Nov 2019 3:01 PM

Crude oil for delivery in November was trading lower by Rs 46, or 0.14 percent, to Rs 4,004 per barrel in 27,004 lots.

OPEC’s output recovered in October from an eight-year low after a rapid rebound in Saudi Arabia’s production from attacks on its oil infrastructure.
Oil edges down; eyes on data amid trade deal hopes
04 Nov 2019 9:47 AM

Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.

On the Multi Commodity Exchange, crude for delivery in November traded higher by Rs 41, 1.06 per cent, at Rs 3,921 per barrel in 20,637 lots.
Crude oil futures rise over 1 per cent to Rs 3,921 per barrel
01 Nov 2019 2:52 PM

Analysts said raising of bets by participants kept crude prices higher in futures trade here.

On the Multi Commodity Exchange, crude oil for delivery in November dropped by Rs 36, or 0.91 per cent, to Rs 3,924 per barrel with a business volume of 19,919 lots.
Crude oil futures decline nearly 1 pc on weak global cues
30 Oct 2019 1:28 PM

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak global cues.

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