Fri, Aug 02, 2024
Oil prices set for 4th weekly fall as demand concerns weigh
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Fri, May 24, 2024
On the Multi Commodity Exchange, crude oil for June delivery fell Rs 13 or 0.2 per cent to Rs 6,384 per barrel with a business volume of 8,688 lots.
Tue, Mar 26, 2024
Gold prices hit a record high last week after Fed policymakers indicated they still expected to reduce interest by75 bps by 2024 end despite recent high inflation readings.
India was the top buyer of Russian oil last year after other groups retreated from purchases following Western sanctions on Moscow for its invasion on Ukraine in February 2022.
Thu, Feb 15, 2024
The Energy Information Administration (EIA) said U.S. crude inventories jumped by 12 million barrels to 439.5 million barrels in the week to Feb. 9, far exceeding analysts' expectations in a Reuters poll for a 2.6 million-barrel rise.
Sun, Feb 04, 2024
The tone was positive for the most part of the last week amid favourable global cues and buying in select heavyweights.
Wed, Jan 31, 2024
Oil prices fell on Wednesday as lacklustre economic activity in China, the world's biggest crude importer, weighed on sentiment, but prices were set for their first monthly gain since September as broadening Middle East conflicts raised supply concerns.
Tue, Dec 05, 2023
Brent crude futures edged up 13 cents to $78.16 a barrel by 0106 GMT, while US West Texas Intermediate crude futures were up 18 cents at $73.22 a barrel.
Fri, Dec 01, 2023
Commodity Capsule: Brent prices were trading at levels lower than last week's close, but WTI pared some losses to trade slightly higher than last Friday's level.
Thu, Oct 19, 2023
Commodity Capsule: The United States plans to ease Venezuela sanctions to allow more oil to flow globally.
Wed, Oct 18, 2023
Commodity Capsule: Hundreds were killed in a blast at a Gaza hospital, sparking concerns about potential oil supply disruptions from the region.
Tue, Oct 17, 2023
Commodity Capsule: Markets mellow down ahead of upcoming cues on the U.S. economy and, a series of addresses from Federal Reserve officials.
Mon, Oct 16, 2023
The BSE benchmark had dropped 125.65 points or 0.19 per cent to settle at 66,282.74 on Friday. The broader Nifty of NSE fell by 42.95 points or 0.22 per cent to 19,751.05.
Fri, Oct 13, 2023
Commodity Capsule: Potential for disruptions to Middle Eastern exports after Hamas' attack on Israel over the weekend threatened a possible wider conflict, leading to a sharp surge in Monday's session.
Wed, Oct 11, 2023
Commodity Capsule: Brent crude December contract was hovering close to $88 a barrel. It finished Tuesday’s session down 0.6 per cent.
Thu, Oct 05, 2023
This year's biggest intraday decline has been seen in crude oil.. Why did crude oil fall? Watch the full news in this video
Mon, Sep 04, 2023
Commodity Capsule: Russian Deputy PM Novak said Russia had agreed with partners in OPEC on parameters for continued export cuts.
Wed, Aug 30, 2023
Commodity Capsule: Bullion had a strong run-up over the past week, as traders grew more uncertain over the US economic outlook.
Mon, Aug 21, 2023
The September WTI contract expires on Tuesday and the more active October contract eased 3 cents to $80.63 a barrel.
Wed, Aug 02, 2023
Commodity Capsule: Gold prices moved little on Wednesday after losses in the prior session saw futures lose a key bullish level.
Mon, Jul 31, 2023
Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.
Mon, Jul 24, 2023
Oil prices eased on Monday as traders await more rate hike cues from U.S. and European central banks, with tightening supply and hopes for Chinese stimulus underpinning Brent at $80 a barrel.
Thu, Jul 20, 2023
Oil prices slipped in early Asian trade on Thursday, extending the previous session's losses, as the dollar strengthened and on profit-taking after U.S. crude oil stocks fell less than expected.
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