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Home > crude oil
crude oil
Industry and government data for release later on Tuesday and on Wednesday is expected to show that US crude stockpiles fell for a fourth consecutive week, dropping 3.6 million barrels. (Photo: Twitter)
Oil prices drop on signs global economy slowing amid trade disputes
09 Jul 2019 9:50 AM

Oil prices are being pressured by ongoing worries about demand as the US-China trade war.

The oil for delivery in August contracts also fell by Rs 53, or 1.33 per cent, to Rs 3,918 a barrel in 695 lots.
Crude oil futures dip on muted domestic demand
03 Jul 2019 3:22 PM

On the Multi Commodity Exchange, crude for delivery in July contracts was trading lower by Rs 58 at Rs 3,889.

Steel and electricity output increased by 19.9 per cent and 7.2 per cent, respectively, during the month under review. (Representational Image)
Eight core sectors grow by 5.1 per cent in May
01 Jul 2019 8:00 PM

During April-May, the eight sectors grew by 5.7 per cent compared to 4.4 per cent in the same period last year.

US West Texas Intermediate (WTI) crude futures were down 40 cents, or 0.7 per cent, at USD 59.03 a barrel.
Oil prices fall as market awaits G20, OPEC meeting
28 Jun 2019 11:17 AM

OPEC+ members agreed to curb oil output by 1.2 million barrels per day from January 1.

The crude for delivery in August contracts also edged higher by Rs 66, or 1.63 per cent, to Rs 4,123 per barrel with a business volume of 565 lots.
Crude oil futures up 1.59 per cent on firm demand
26 Jun 2019 1:55 PM

On MCX, crude oil for delivery in July contracts was trading higher by Rs 64, to Rs 4,100 per barrel.

Analysts said the gains were mainly driven by American Petroleum Institute (API) data showing a fall in US crude inventories.
Oil prices jump as US crude stocks fall, Middle East worries add support
26 Jun 2019 10:43 AM

Oil prices have been squeezing higher on escalating tensions in the Middle East.

India’s intake of Saudi oil during the seven months to May rose by 11 per cent to 804,000 bpd. (Photo: Twitter)
Filling Iran oil gap in India: US supplies outshine Middle East crude
25 Jun 2019 12:11 PM

India bought about 184,000 barrels per day (bpd) oil from the United States over November 2018 to May 2019.

Brent futures were up 50 cents, or 0.8 per cent, at USD 65.70 a barrel.
Oil prices climb as US, Iran tensions mount
24 Jun 2019 2:23 PM

West Texas Intermediate crude was up 70 cents, or 1.2 per cent, at USD 58.13 a barrel.

Analysts said speculative positions built up by traders tracking a better trend overseas mainly influenced sentiments at futures prices here.
Crude oil futures rise 0.82 pc on global cues
24 Jun 2019 1:37 PM

On Multi Commodity Exchange, crude oil for delivery in July contracts was trading higher by Rs 33, to Rs 4,050 per barrel.

On the Multi Commodity Exchange, crude for delivery in May contracts went up by Rs 26, or 0.6 per cent to, Rs 4,352 per barrel in a business turnover of 17,376 lots.
Crude oil futures rise 0.6 pc on positive cues
13 May 2019 2:29 PM

Analysts said, crude oil prices bounced back in tandem with a firm trend overseas.

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