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Brent Crude

Brent crude fell by about 2.5%

Brent crude fell by about 2.5%

Tue, Oct 01, 2024

Brent crude slipped below $70, Brent crude fell by about 2.5%

Bad condition of Brent crude, till when will the prices of crude fall?

Bad condition of Brent crude, till when will the prices of crude fall?

Fri, Sep 27, 2024

Saudi attack on Brent Crude. Bad condition of Brent Crude! How long will the prices of Crude fall? When will there be stagnation in crude oil? And will crude oil slide? Know complete details in this video.

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

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Plunging crude oil prices: Anil Singhvi explains what investors, traders should do

Plunging crude oil prices: Anil Singhvi explains what investors, traders should do

Tue, Apr 21, 2020

Crude oil prices may not see a sharp spike in near term and countries whose economy is primarily dependent on oil may bear the brunt, Zee Business Managing Editor Anil Singhvi said today. His advice to investors is to keep a close watch on oil producing countries like Russia, Venezuela and Brazil

US crude oil prices hit historic low! Good or bad? DECODED! Anil Singhvi gives 5 key takeaways

US crude oil prices hit historic low! Good or bad? DECODED! Anil Singhvi gives 5 key takeaways

Tue, Apr 21, 2020

Anil Singhvi says that what has happened today is an anomaly. He said going forward it was highly unlikely that the crude oil prices would ever come below USD 40 per barrel. He adds that what hedge funds have learnt from this episode is to buy crude oil within limits in future. There will be a rethink in strategies for all future position

Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

Oil bounces back as rising stockpiles seen pointing to lower output amid coronavirus

Thu, Apr 16, 2020

Oil rose on Thursday, with U.S. crude rebounding from near-20-year lows in the previous session on hopes that a big build-up in U.S. inventories may mean producers have little option but to deepen output cuts as the coronavirus pandemic ravages demand

U.S. senators press Saudi officials to put oil cut in motion

U.S. senators press Saudi officials to put oil cut in motion

Mon, Apr 13, 2020

Republican U.S. senators from oil states who recently introduced legislation to remove American troops from Saudi Arabia said on Saturday they had spoken with three officials from the kingdom and urged them to take concrete action to cut crude output

Oil futures pare gains after U.S. inventories surge most on record

Oil futures pare gains after U.S. inventories surge most on record

Thu, Apr 09, 2020

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts

Russia and Saudi ''very close'' to oil deal, Moscow signals big cuts

Russia and Saudi ''very close'' to oil deal, Moscow signals big cuts

Tue, Apr 07, 2020

Saudi Arabia and Russia are close to a deal on oil output cuts to reduce a global glut, a top Russian negotiator said on Monday, while sources in Moscow said it was ready for significant cuts, ahead of talks planned for this week

Oil prices recover as Donald Trump hints at intervening in Saudi-Russia price war

Oil prices recover as Donald Trump hints at intervening in Saudi-Russia price war

Fri, Mar 20, 2020

"An astonishing rebound in crude oil prices overnight was primarily driven by U.S`s consideration to intervene in the oil market by increasing strategic reserves, while slashing some oil production," said Margaret Yang, market analyst at CMC Markets.

Oil rockets nearly 20% as investors hail coronavirus stimulus spending - for now

Oil rockets nearly 20% as investors hail coronavirus stimulus spending - for now

Thu, Mar 19, 2020

Brent crude was up $2.10, or 8%, at $26.98 a barrel by 0028 GMT after tumbling 13% on Wednesday in a third day of relentless selling. U.S. oil gained $3.44, or 17%, to $23.81 a barrel after slumping nearly 25% in the previous session.

Indian economy to benefit from slump in international oil prices

Indian economy to benefit from slump in international oil prices

Thu, Mar 12, 2020

"We expect that oil and gas companies will actively manage their liquidity in 2020, reducing capital spending and potentially reducing or suspending distributions to shareholders amid lower operating cash flow and limited access to capital markets," it said.

Coronavirus may shrink global oil demand: IEA

Coronavirus may shrink global oil demand: IEA

Mon, Mar 09, 2020

"This is especially true in China, the largest energy consumer in the world, which accounted for more than 80 per cent of global oil demand growth last year. While the repercussions of the virus are spreading to other parts of the world, what happens in China will have major implications for global energy and oil markets."

Coronavirus impact: Crude tumbles, Brent at lowest since June 17

Coronavirus impact: Crude tumbles, Brent at lowest since June 17

Sun, Mar 08, 2020

International crude oil prices went into downward spiral after major oil producers failed to reach an agreement to reduce production, as concerns about coronavirus impact spread across the globe.

Oil Price: OPEC, Russia moving closer to big oil cut as coronavirus hits demand

Oil Price: OPEC, Russia moving closer to big oil cut as coronavirus hits demand

Wed, Mar 04, 2020

Oil Price: A panel of OPEC and its allies recommended cutting oil output by an extra 1 million barrels per day (bpd) on Tuesday.

Coronavirus impact: Oil prices on track for biggest weekly fall in 4 years

Coronavirus impact: Oil prices on track for biggest weekly fall in 4 years

Fri, Feb 28, 2020

"Brent crude under $50 a barrel will be a nightmare scenario for OPEC and may well provoke a ...response of some kind from the core grouping," said Jeffrey Halley, senior market analyst at brokerage OANDA.

Oil sinks 4% on demand concerns as coronavirus spreads

Oil sinks 4% on demand concerns as coronavirus spreads

Tue, Feb 25, 2020

"The reports of the coronavirus spreading is raising more fears of demand destruction," said Phil Flynn, an analyst at Price Futures Group in Chicago. "When we saw the big move down in the stock market, oil traders were selling first and asking questions later."

Petrol and diesel prices today: Fuel rates fall further, check rates in Delhi, Mumbai, Kolkata and Chennai

Petrol and diesel prices today: Fuel rates fall further, check rates in Delhi, Mumbai, Kolkata and Chennai

Mon, Feb 03, 2020

With international crude oil rates under pressure due to outbreak of coronavirus in China, fuel prices in India fell again on the fifth consecutive day on Monday. The price of petrol was cut by 6 paise and that of diesel by 5 paise across all major cities. The petrol now costs Rs 73.04 a litre in Delhi, Rs 78.69 a litre in Mumbai, Rs 75.71 a litre in Kolkata and Rs 75.89 a litre in Chennai after the price cut

Headline Oil prices skid 2%, extending slide as China virus spreads

Headline Oil prices skid 2%, extending slide as China virus spreads

Mon, Jan 27, 2020

Brent crude fell by $1.12 a barrel, or 1.9%, to $59.57 by 0113 GMT, having earlier dropped to $58.68, the lowest since late October. U.S. crude slipped by $1.14, or 2.1%, to $53.05, having earlier eased to $52.15, the lowest since early October

Commodities Live: Know about action in commodities market, January 7, 2020

Commodities Live: Know about action in commodities market, January 7, 2020

Tue, Jan 07, 2020

Watch this segment to know about action in the commodities market. Watch the full video to know more. #CommodityLive #ZeeBusiness

Oil climbs on U.S.-China trade optimism, Middle East tensions

Oil climbs on U.S.-China trade optimism, Middle East tensions

Thu, Jan 02, 2020

Geopolitical risks remain in the Middle East after U.S air strikes against the Iran-backed Katib Hezbollah militia group over the weekend. Protesters, angry at the air strikes, stormed the U.S. Embassy in Baghdad on Wednesday, although they withdrew after U.S. deployed extra troops.

Oil prices edge down but set for biggest yearly rise since 2016

Oil prices edge down but set for biggest yearly rise since 2016

Tue, Dec 31, 2019

Brent has gained about 24% in 2019 and WTI has risen roughly 36% for the year. Both benchmarks are set for the biggest yearly gain in three years, backed by a breakthrough in U.S.-China trade talks and output cuts pledged by the Organization of Petroleum Exporting Countries (OPEC) and its allies.

Oil steady on trade pact optimism, stock draw; eyes on MidEast

Oil steady on trade pact optimism, stock draw; eyes on MidEast

Mon, Dec 30, 2019

"There are a couple of catalysts driving up the crude oil prices recently: trade optimism, a large drop in U.S. commercial stockpiles, a plunge in USD and air strikes," said market analyst Margaret Yang of CMC Markets.

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