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Commodity Capsule: Oil prices fell sharply on Monday

Commodity Capsule: Oil prices fell sharply on Monday

Mon, Oct 28, 2024

Oil prices fell sharply on Monday, to four week low, weighed by easing fears of a Middle East war after an Israeli strike against Iran, over the weekend

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.

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Petrol, diesel tumble today; global crude gains near 3-week high

Petrol, diesel tumble today; global crude gains near 3-week high

Tue, Feb 27, 2018

US West Texas Intermediate crude for April delivery was up 4 cents at $63.95 a barrel by 0223 GMT.

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Oil hits nearly three-week high as Saudi Arabia to keep output well below cap

Mon, Feb 26, 2018

US energy companies last week added one oil rig, the fifth weekly increase in a row, bringing the total count up to 799, the highest level since April 2015, Baker Hughes energy services firm said on Friday.

Petrol, Diesel prices surge in India as global crude extend gains to two-week high

Petrol, Diesel prices surge in India as global crude extend gains to two-week high

Mon, Feb 26, 2018

US West Texas Intermediate crude for April delivery was up 25 cents, or 0.4%, at $63.80 a barrel by 0301 GMT after rising 3% last week.

Oil climbs with support from Libyan outage, Saudi comments

Oil climbs with support from Libyan outage, Saudi comments

Sat, Feb 24, 2018

Production in OPEC member Libya has been running at about 1 million bpd , although it remains volatile due to unrest

Oil hits highest in nearly two weeks on Asian equity recovery

Oil hits highest in nearly two weeks on Asian equity recovery

Mon, Feb 19, 2018

The US oil rig count, an indicator of future production, rose by seven to 798, its highest since April 2015, according to a weekly report from General Electric`s Baker Hughes unit.

Oil stable on weak dollar, economic growth, but pockets of oversupply linger

Oil stable on weak dollar, economic growth, but pockets of oversupply linger

Wed, Feb 14, 2018

The Saudi energy ministry said on Wednesday that Saudi Aramco`s crude output in March will be 100,000 barrels per day (bpd) below its February level while exports would be kept below 7 million bpd.

Brent prices tick up, trade above $62 as global markets rebound

Brent prices tick up, trade above $62 as global markets rebound

Tue, Feb 13, 2018

Oil prices rose on Tuesday, lifted by a rebound in global stock markets that followed sharp falls last week. US West Texas Intermediate (WTI) crude futures were at $59.44 a barrel at 0103 GMT. That was up 15 cents, or 0.25 per cent, from their last settlement.

Key developments to track today: SGX Nifty tanks 250 points and more

Key developments to track today: SGX Nifty tanks 250 points and more

Fri, Feb 09, 2018

The domestic market is expected to open sharply lower, tracking a negative trend seen in global markets after Wall Street plummeted around 4 per cent overnight in yet another dramatic session, with the Dow Jones slipping below its 100-DMA.

Galaxy Surfactants listing, choppy trade in Asia among key things to track today

Galaxy Surfactants listing, choppy trade in Asia among key things to track today

Thu, Feb 08, 2018

The domestic market look set to open higher, snapping its seven-session long losing streak, even as Asian markets were trading low. At 8:15 am, SGX Nifty was trading at 10,499, up 47 points or 0.45 per cent.

Oil nears one-month low, volatile equities keep investors jittery

Oil nears one-month low, volatile equities keep investors jittery

Mon, Feb 05, 2018

Brent crude futures were down 70 cents at $67.88 a barrel by 1435 GMT, while US West Texas Intermediate crude fell 42 cents to $65.03

Brent holds above $70 on strong demand, OPEC-led supply restraint

Brent holds above $70 on strong demand, OPEC-led supply restraint

Mon, Jan 29, 2018

Oil markets have been propped up by supply restraint lead by the Organization of the Petroleum Exporting Countries (OPEC) and Russia, which started in January last year and are scheduled to last through 2018.

Asia markets rise for 11th straight session, Trump helps dollar bounce

Asia markets rise for 11th straight session, Trump helps dollar bounce

Fri, Jan 26, 2018

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.25 per cent for the day, led by gains in Chinese financial and property shares.

Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Thu, Jan 25, 2018

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.

Oil dips on higher US fuel stocks, but overall market remains supported

Oil dips on higher US fuel stocks, but overall market remains supported

Wed, Jan 24, 2018

Oil prices fell on Wednesday, weighed down by data that showed an increase in US crude oil and gasoline inventories. Brent crude oil futures were at $69.83 a barrel at 0444 GMT, down 13 cents from their last close.

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

Mon, Jan 22, 2018

India`s oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.

Oil stable on threats of rebel attacks in Nigeria, falling US crude stocks

Oil stable on threats of rebel attacks in Nigeria, falling US crude stocks

Thu, Jan 18, 2018

Oil prices were stable on Thursday, supported by tighter inventories of crude as well as rebel threats of an attack on Nigeria`s petroleum industry, but the market was weighed down by a reported rise in U.S. fuel stocks.

Oil near three-year highs on output cuts despite rising North American rig count

Oil near three-year highs on output cuts despite rising North American rig count

Mon, Jan 15, 2018

Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

As oil hits $70, warning lights flash up in Asia

As oil hits $70, warning lights flash up in Asia

Fri, Jan 12, 2018

Oil prices have risen above $70 per barrel for the first time since 2014 as investors bet supply cuts led by OPEC will dominate the market this year.

Oil prices edge up on lower US rig count, but below recent highs

Oil prices edge up on lower US rig count, but below recent highs

Mon, Jan 08, 2018

U.S. West Texas Intermediate (WTI) crude futures were at $61.61 a barrel at 0209 GMT, 17 cents, or 0.3 percent, above their last settlement, and not far off the $62.21 May 2015 high reached last week.

Asia stocks advance toward historic highs, US earnings test

Asia stocks advance toward historic highs, US earnings test

Mon, Jan 08, 2018

MSCI`s broadest index of Asia-Pacific shares outside Japan added 0.1 percent having climbed 3.1 percent last week, its strongest performance in six months.

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