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Home > crude oil
crude oil
On the Multi Commodity Exchange, crude for January delivery traded higher by Rs 5, or 0.11 per cent, at Rs 4,408 per barrel in 35,957 lots.
Crude oil futures gain on spot demand, global cues
27 Dec 2019 2:31 PM

Analysts said fresh bets created by participants kept crude prices higher in futures trade.

India, the world’s third-biggest oil importer and consumer, has set an April 1, 2020 deadline to migrate to Euro VI-compliant fuels to cut its carbon emissions.
India's November oil import growth fastest in seven months: report
25 Dec 2019 11:15 AM

India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).

On the Multi Commodity Exchange, crude oil for January delivery dropped by Rs 10, or 0.23 per cent, to Rs 4,334 per barrel with a business volume of 25,747 lots.
Crude oil futures slip on domestic cues
20 Dec 2019 12:53 PM

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

On the Multi Commodity Exchange, crude oil for December delivery dropped by Rs 32, or 0.74 per cent, to Rs 4,297 per barrel with a business volume of 14,733 lots.
Crude oil futures slip on weak global cues
18 Dec 2019 12:56 PM

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

On the Multi Commodity Exchange, crude for delivery in December traded higher by Re 1, or 0.02 per cent, to Rs 4,273 per barrel in 14,137 lots.
Crude oil futures gain marginally on global cues
17 Dec 2019 1:09 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 December fell by Rs 18, or 0.43 per cent, to Rs 4,188 per barrel.
Crude oil futures slip on weak global cues
09 Dec 2019 3:23 PM

Marketmen said the fall in crude oil futures was mostly due to trimming of positions by traders in tandem with a weak trend overseas.

On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 2, or 0.05 per cent, to Rs 4,159 per barrel with a business volume of 14,688 lots.
Crude oil futures slip on weak global cues
06 Dec 2019 2:00 PM

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

Brent futures were down 21 cents, or 0.3 per cent, at USD 63.18 by 0258 GMT.
Oil drops as market awaits ratification of OPEC+ supply cut
06 Dec 2019 10:27 AM

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.

Similarly, crude oil for January delivery was quoting lower by Rs 15, or 0.36 per cent, at Rs 4,161 per barrel with an open interest of 316 lots.
Crude oil futures slip on domestic cues
25 Nov 2019 1:46 PM

On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,157 per barrel.

Brent crude futures were up 19 cents, or 0.3 per cent, at USD 62.47 a barrel.
Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade
15 Nov 2019 3:41 PM

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

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