crude oil prices

Crude Oil Prices News

Crude oil output figures expected to drop; traders should go long around Rs 5800/bbl, target of Rs 6100/bbl

Crude oil sentiment improves despite falling US inventory and tightening OPEC production.

May 20, 2023 08:48 IST

Crude oil prices correcting on recession fears; wait for bottom around Rs 5600/bbl before taking fresh positions

Crude oil prices are correcting on recession-based fears. The recent rally of about 6-85 was expected based on past trends,…

May 14, 2023 09:34 IST

LNG, supply deals, Indian Oil Corp, GAIL India, Petronet LNG, LNG imports, price increase, export

Crude oil prices recover on short-covering, U.S. debt ceiling fears weigh

Brent crude futures rose by 36 cents, or 0.5%, to $75.34 a barrel by 0051 GMT. U.S. crude futures gained…

May 12, 2023 10:38 IST

Crude oil prices inch up as recession fears begin to fade

Brent crude futures were up 6 cents at $75.36 a barrel at 0022 GMT. U.S. West Texas Intermediate (WTI) crude…

Updated: May 8, 2023 07:28 IST

Crude oil prices slip, downtrend wipes April gains; traders should go long at Rs 6100/bbl

Crude oil prices tanked sharply last week. All the gains it amassed around 1st April when OPEC+ has unexpectedly decided…

May 7, 2023 13:25 IST

Crude oil demand set to increase, prices sustained gains after OPEC+ surprise cut; avoid taking long positions

China and India are both expected to see a hike in demand for crude. Despite the Russian sanction and OPEC’s…

April 16, 2023 13:25 IST

Crude prices witnessing correction, trend is bearish; go long at current rate, target at Rs 6500/bbl

The gasoline inventory decline is driving oil prices upwards, with gasoline demand expected to strengthen as the US heads out…

February 26, 2023 09:19 IST

Russia cuts crude production, prices correct on USD rally; short Crude March contract with Rs 6620/bbl stoploss

Correction in crude prices would continue on the back of a rally in USD.

Updated: February 19, 2023 14:20 IST

crude oil, crude oil procurement, india crude oil procurement,

India’s procurement of crude oil at lowest price from Russia furthering G7 approach: US

The Indian government has been vehemently defending its oil trade with Russia, saying it has to source oil from where…

February 17, 2023 16:41 IST

Crude oil climbs 3rd day on subdued dollar, US crude stocks’ drop

Brent crude futures inched up by 11 cents, or 0.1%, to $83.80 a barrel at 0119 GMT, adding to a…

Updated: February 8, 2023 07:56 IST

Crude oil prices slide; Go long around Rs 6000/bbl with upside target of Rs 6500/bbl

Global oil demand is set to rise by 1.9 million bpd in 2023, to a record 101.7 million bpd, with…

Updated: February 5, 2023 09:46 IST

Crude oil climbs after drone attack in Iran, China’s pledge to promote consumption

Brent crude futures rose 54 cents, or 0.6%, to $87.20 a barrel by 0115 GMT while U.S. West Texas Intermediate…

Updated: January 30, 2023 07:30 IST

Crude oil price likely to test $100/bbl in 2023; go long around Rs 6800/bbl with upside target of Rs 7100/bbl

Crude prices average likely to top the previous high of 100.6 mb/d set in 2019. However, prices may not sustain…

January 28, 2023 09:33 IST

Petrol and Diesel Price in India, Petrol and Diesel Rate Today in India

Petrol and Diesel Rate Today, 20 January: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Price Today in India: In Delhi, petrol price is retailing at Rs 96.72 per litre, while diesel…

January 20, 2023 08:07 IST

RupeeVsDollar, DollarVsRupee, currency, US dollar

Rupee opens lower, may appreciate on weaker dollar, declining crude prices; USDINR to trade in this range

Rupee opens slightly lower at 81.39 on Thursday. USD is likely to remain under pressure in near-term due to weaker…

January 19, 2023 10:27 IST

Petrol and Diesel Rate Today, 19 January: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Price Today in India: In Delhi, petrol price is retailing at Rs 96.72 per litre, while diesel…

January 19, 2023 08:52 IST

Petrol and Diesel Rate Today, 18 January: Prices unchanged; Check rates in Delhi, Mumbai, Noida, other cities

Petrol and Diesel Price Today in India: In Mumbai, petrol is retailing at Rs 106.31 per litre, and diesel is…

January 18, 2023 09:03 IST

Crude oil price likely to test $100/bbl in 2023; go long around Rs 6250/bbl with upside target of Rs 6500/bbl

Crude oil price is expected to test $100 in 2023 and could touch as high as $90 on the back…

January 15, 2023 10:36 IST

Covid, higher OPEC production hits crude oil prices; avoid entering at current levels, go long at Rs 5850/bbl

The increase in Covid cases is a concern for crude bulls as with rising cases, travel growth would also come…

Updated: January 9, 2023 08:04 IST

Era of cheap crude oil ending, Russia may reduce output; prices will rebound in Feb ’23

The bottom for the oil market is now in the rearview mirror and we might see prices continue to trade…

December 31, 2022 09:32 IST

Crude oil demand to rise on US winter storm, falling Russia exports; wait for breakout above Rs 6620/bbl

Exports of Russia’s flagship Urals crude blend from the Baltic Sea ports will probably fall to around 5 million tonnes…

December 24, 2022 11:26 IST

Crude oil price rises as US seeks to restock Strategic Petroleum Reserve

Brent crude futures advanced 61 cents, or 0.8%, to $80.40 a barrel at 0124 GMT, adding to a 76 cent…

Updated: December 20, 2022 07:52 IST

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