Brent crude
OPEC said the world would need 29.27 million bpd of crude from its 14 members in 2020, down 1.34 million bpd this year.
12 Jul 2019 10:03 AM

Oil companies in the Gulf of Mexico had cut more than 1 million barrels per day (bpd) of output.

West Texas Intermediate crude prices rose 0.43 per cent to USD 60.69.
11 Jul 2019 2:18 PM

Analysts said the rise in crude oil futures was largely in tandem with a firming trend in global trade.

Analysts said fall in oil prices was mostly in tune with a weak trend in global market, where it slipped due to a jump in US crude inventories amid a slackening demand, say reports.
09 Jul 2019 2:12 PM

Crude oil contracts for July delivery traded lower by Rs 35, or 0.88 per cent, at Rs 3,943 per barrel.

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.
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.

Forex traders said rupee is expected to trade in a narrow range as market participants will keep a close watch on the Union budget this week.
02 Jul 2019 11:20 AM

At the Interbank Foreign Exchange, the rupee opened at 69.02 then fell to 69.05 against the US dollar.

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.
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.
26 Jun 2019 10:43 AM

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

Analysts said speculative positions built up by traders tracking a better trend overseas mainly influenced sentiments at futures prices here.
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.

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