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Home > crude oil
crude oil
Analysts said raising of bets by participants on a strong overseas trend, coupled with good demand kept crude prices higher at futures trade here.
Crude oil futures rise up on global cues
27 Sep 2019 1:41 PM

On the Multi Commodity Exchange, the crude contract for October traded higher by Rs 19, or 0.48 per cent, at Rs 3,993 per barrel.

Meanwhile, Brent crude, the international benchmark, rose 0.26 per cent to USD 62.23 per barrel.
Crude oil futures up on global cues
26 Sep 2019 12:58 PM

On the Multi Commodity Exchange, crude contract for October traded higher by Rs 4, or 0.1 per cent, at Rs 4,005 per barrel.

Analysts said the fall in crude oil futures was in tune with a weak trend in domestic markets, where it slipped on profit-booking by speculators.
Crude oil futures fall on low demand
25 Sep 2019 2:42 PM

Crude oil contracts for October delivery traded lower by Rs 35, or 0.86 per cent, at Rs 4,048 per barrel.

Oil Minister Dharmendra Pradhan.
Oil prices will ease if global tensions do not flare up: Pradhan
23 Sep 2019 11:43 AM

The price of crude oil has already reduced by a few dollars per barrel, Pradhan said.

On the Multi Commodity Exchange, crude for September contracts went up by Re 1, or 0.02 per cent, to Rs 4,139 per barrel in a business turnover of 18,539 lots.
Crude oil futures up on spot demand
19 Sep 2019 1:34 PM

Analysts said the rise in crude oil futures was largely in tandem with a firm trend in markets here.

From the 30-share pack, 27 stocks closed with losses led by Hero MotoCorp, Tata Motors, Axis Bank, Tata Steel, Maruti Suzuki India and SBI which tumbled up to 6.19 per cent.
Investor wealth plummets Rs 2.72 lakh crore in two days of market fall
17 Sep 2019 7:06 PM

The market capitalisation (m-cap) of BSE-listed companies eroded by Rs 2,72,593.54 crore to Rs 1,39,70,356.22 crore.

Crude oil benchmark, Brent crude futures, surged by almost 20 per cent to USD 71.95 per barrel (intra-day) on Monday after twin drone attacks on Saturday wiped out more than half of Saudi Arabia's crude supply.
Emerging economies like India more vulnerable to big oil price moves: Report
17 Sep 2019 3:01 PM

According to the report, when rise in oil prices are driven more by supply-side factors it is more damaging to large net oil importers.

Crude prices surged by nearly 20 per cent on Monday as they responded to Saturday’s attack.
Oil falls more than 1 pc as market awaits response to Saudi oil attacks
17 Sep 2019 10:34 AM

The company has not given a specific timeline for the resumption of full output.

However, the oil producers gained, led by ONGC (1.40 per cent) and Oil India (0.26 per cent).
Oil-sensitive stocks dip
17 Sep 2019 1:41 AM

The country buys over two-thirds of its oil, mostly from the Middle East, making it most vulnerable to any rise in oil price.

On the Multi Commodity Exchange, crude for delivery in September contracts was trading higher by Rs 358, or 9.14 per cent to Rs 4,273 barrel in 51,535 lots.
Crude oil futures up on global cues
16 Sep 2019 2:40 PM

Analysts said raising of bets by participants mainly kept crude prices to trade higher.

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