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Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Commodity Capsule: Oil prices set for 4th weekly fall as demand concerns weigh

Fri, Aug 02, 2024

Oil prices set for 4th weekly fall as demand concerns weigh

Commodities Update: Crude oil futures decline on low demand

Commodities Update: Crude oil futures decline on low demand

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.

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

Commodity Capsule: Gold prices pared early gains on Tuesday, due to slight recovery in dollar index

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.

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India launches third round of oil and gas blocks for exploration

India launches third round of oil and gas blocks for exploration

Sun, Feb 10, 2019

Twenty three blocks covering an area of 32,000 square kilometers were offered for bidding, out of which 5 are for extraction of coal bed methane.

IMF's Christine Lagarde says oil exporters have not fully recovered from oil shock, cautions against 'white elephant projects'

IMF's Christine Lagarde says oil exporters have not fully recovered from oil shock, cautions against 'white elephant projects'

Sat, Feb 09, 2019

Oil exporters have not fully recovered from the dramatic oil price shock of 2014, the head of the IMF said on Saturday, and she cautioned against spending money on "white elephant projects".

Petrol, diesel price hiked again: Check rates in Delhi, Mumbai, other major cities

Petrol, diesel price hiked again: Check rates in Delhi, Mumbai, other major cities

Mon, Jan 07, 2019

Oil marketing companies (OMCs) hiked fuel rates on Monday, after constant correction since last two weeks. The prices of petrol after revision, in Delhi is Rs 68.50, up by 21 paise per litre. While for diesel, it would cost Rs 62.24 per litre after an increase of 8 paise per litre.

Oil rises on trade talks and supply cuts, but economic slowdown looms

Oil rises on trade talks and supply cuts, but economic slowdown looms

Mon, Jan 07, 2019

U.S. West Texas Intermediate (WTI) crude oil futures were at $48.65 per barrel, up 69 cents, or 1.4 percent .

Christmas gift for commuters! Petrol prices slashed by 21 paise, diesel down by 19 paise

Christmas gift for commuters! Petrol prices slashed by 21 paise, diesel down by 19 paise

Mon, Dec 24, 2018

The petrol is selling down by Rs 14 to Rs 16 per litre in metro cities of India as compared to the prices in October 2018. The highest price petrol touched in Delhi was Rs 84 per litre and diesel sold at Rs 75.45 per litre in October this year.

US Fed's rate hike aftermath! Sensex, Nifty in red; Should Indian markets and rupee worry?

US Fed's rate hike aftermath! Sensex, Nifty in red; Should Indian markets and rupee worry?

Thu, Dec 20, 2018

Investors continued to have bearish sentiments regarding Indian benchmark indices Sensex and Nifty, which have lost more than 280 points and 50 points respectively in today’s trading session.

Wow! Rupee makes highest one-day gains since 2013; is the worst over?

Wow! Rupee makes highest one-day gains since 2013; is the worst over?

Thu, Dec 20, 2018

Indian currency made a massive 1-day gain, which was not seen since 2013? Between September 2013 to December 18, the currency rose by Rs 1.12 against the dollar closing at 70.44 on Tuesday.

Rupee plunges 110 paise to 72.42 per US dollar in early trade

Rupee plunges 110 paise to 72.42 per US dollar in early trade

Tue, Dec 11, 2018

At the Interbank Foreign Exchange, the rupee opened weak at 72.42, showing a sharp plunge of 110 paise over its previous closing price.

Exit polls hit Sensex, index crashes 560 pts, Nifty 173 pts; you lost money in these stocks today

Exit polls hit Sensex, index crashes 560 pts, Nifty 173 pts; you lost money in these stocks today

Mon, Dec 10, 2018

Top losers on BSE Sensex are Adani Ports trading at Rs 361.05 low by 3.40%

Oil prices slide on swelling US supply, global market slump

Oil prices slide on swelling US supply, global market slump

Wed, Dec 05, 2018

Oil prices fell 1 percent on Wednesday, weighed down by swelling U.S. inventories and a plunge in global stock markets amid concerns over an economic slowdown.

Sensex opens in red, Rupee stands at 70.51 vs $, Brent crude up by 40%

Sensex opens in red, Rupee stands at 70.51 vs $, Brent crude up by 40%

Tue, Dec 04, 2018

Top stocks on BSE Sensex were Yes Bank trading at Rs 181.50 up by 1.97%, ONGC at Rs 144.85 up by 1.58%, Hero Moto Corp at Rs 3088.15 up by 1.46%, Tata Motors at Rs 177.65 up by 1.28% and Sun Pharma at Rs 460.50 up by 1.09% at around 09:35 hours.

Oil prices shot up as US, China suspend trade hostilities

Oil prices shot up as US, China suspend trade hostilities

Mon, Dec 03, 2018

Oil prices shot higher on Monday after the United States and China agreed a 90-day truce in their trade conflict and ahead of a meeting by producer club OPEC this week that is expected to result in a supply cut. U.S.

Oil loses steam as supply concerns add to negative economic outlook

Oil loses steam as supply concerns add to negative economic outlook

Tue, Nov 20, 2018

Brent crude oil futures, the international benchmark for oil prices, were at $66.55 a barrel at 0313 GMT, down 24 cents, or 0.4 percent from their last close.

Oil stable amid expectations OPEC will cut supply to prevent glut forming

Oil stable amid expectations OPEC will cut supply to prevent glut forming

Tue, Nov 20, 2018

The Organisation of the Petroleum Exporting Countries (OPEC), de facto led by Saudi Arabia, is pushing for the producer cartel and its allies to cut 1 million to 1.4 million barrels per day (bpd) of supply to adjust for a slowdown in demand growth and prevent oversupply.

Oil jumps towards $67 as OPEC, partners discuss proposal to cut output

Oil jumps towards $67 as OPEC, partners discuss proposal to cut output

Wed, Nov 14, 2018

Crude rallied after three sources familiar with the issue said OPEC and its partners are discussing a proposal to cut output by up to 1.4 million barrels per day (bpd), a larger figure than officials have mentioned previously International benchmark Brent crude rose $1.18 a barrel to $66.65 as of 0955 GMT, having fallen as low as $65.02 earlier. U.S. crude was up 60 cents at $56.29.

Oil drops as U.S. considers granting some waivers on Iran crude sanctions

Oil drops as U.S. considers granting some waivers on Iran crude sanctions

Mon, Oct 08, 2018

Brent crude oil prices fell more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran`s oil exports next month, and as Saudi Arabia was said to be replacing any potential shortfall from Iran.

Oil prices rise as markets tighten ahead of Iran sanctions

Oil prices rise as markets tighten ahead of Iran sanctions

Mon, Sep 24, 2018

Oil prices rose on Monday as U.S. markets tightened just weeks ahead of Washington`s plan to impose new sanctions against Iran, with U.S. bank J.P. Morgan warning of price spikes abvoe $90 per barrel in coming months.

Oil up on Iran sanctions but this is what market trend suggests

Oil up on Iran sanctions but this is what market trend suggests

Sat, Aug 11, 2018

Crude oil prices rose more than 1.0 percent on Friday as U.S. sanctions against Iran looked set to tighten supply, but futures contracts posted a weekly decline as investors worried that global trade disputes could slow economic growth and hurt demand for energy.

Oil drops after OPEC+ output deal, but markets to stay tight

Oil drops after OPEC+ output deal, but markets to stay tight

Mon, Jun 25, 2018

Brent crude oil fell 1 percent on Monday as investors prepared for an extra 1 million barrels per day (bpd) in output to hit the markets after OPEC and its partners agreed to raise production.

Oil prices dip on increased US drilling activity, but sentiment remains bullish

Oil prices dip on increased US drilling activity, but sentiment remains bullish

Mon, Apr 23, 2018

Brent crude oil futures were at $73.89 per barrel at 0056 GMT, down 17 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures were down 21 cents, or 0.3 percent, at $68.19 a barrel.

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