crude oil
Both contracts last week posted their biggest weekly gains in three weeks on cuts in US oil production and diplomatic tensions in the Middle East.
15 Jul 2019 11:00 AM

Brent crude futures for September fell 21 cents to USD 66.51 a barrel.

Markets may also react to macroeconomic data released after market hours Friday.
14 Jul 2019 11:38 AM

Investors will also monitor trade-related developments, as well movement in the rupee and crude oil prices, they added.

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.

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)
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.
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)
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.
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.
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.


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