Page 10 of crude oil prices

Crude oil prices near flat as demand worries offset Middle East risk

Brent futures edged 1 cent lower $81.99 a barrel. U.S. West Texas Intermediate (WTI) crude rose 1 cent to $76.93…

Updated: February 13, 2024 07:30 IST

Crude oil starts week lower after Israel says ‘concluded’ Gaza strikes

Brent crude futures were down 43 cents, or 0.5%, at $81.76 a barrel, while U.S. West Texas Intermediate crude futures…

Updated: February 12, 2024 09:01 IST

Crude oil edges up with slim progress in Gaza peace talks

Brent crude futures were up 22 cents, or 0.28%, at $79.43 a barrel at 0132 GMT. U.S. West Texas Intermediate…

Updated: February 8, 2024 09:03 IST

Crude oil prices steady on Gaza ceasefire talks even as US plans Middle East strikes

Brent crude futures inched up 8 cents to $77.41 a barrel by 0131 GMT, while U.S. West Texas Intermediate futures…

Updated: February 5, 2024 09:49 IST

Offshore rig operators expected to post 30% spurt in operating profit in fiscal 2025

The rig operators will benefit gradually as expiring rig contracts get redeployed at higher rates and the weighted average day…

December 26, 2023 13:47 IST

Oil prices tumble as OPEC+ meeting delay sparks concerns over production cuts

WTI crude prices are trading at $76.07, marking a 1.34% decrease, while Brent crude prices stand at $80.78, reflecting a…

Updated: November 23, 2023 11:27 IST

Crude set to see price shift despite decline on weak global sentiment

Saudi Arabia said that oil speculators, not a fall in demand, are behind the most recent drop in global crude…

November 13, 2023 11:24 IST

oil demand, consumption, oil prices, crude demand, crude importer, OPEC+

Oil Prices caught in seesaw battle between interest rates and geopolitical conflicts

High interest rate scenario is now weakening the demand for crude and that is why oil price is going nowhere…

November 6, 2023 12:26 IST

Indian Oil Corporation, Q2 results, profit, revenue, EBITDA, crude oil prices, inventory gains, interim dividend, refining margins

Indian Oil beats estimates with profit at Rs 13,713.08 crore driven by lower crude oil prices, inventory gains

Indian Oil posted revenue from operations at Rs 2,05,283.03 crore, down 11.9 per cent in comparison to Rs 2,33,016.97 crore…

October 31, 2023 15:35 IST

Crude oil prices remain uncertain amid geopolitical tensions and weak economic data

In MCX, 6800 seems to be immediate support and breach below that we could see selling pressure accumulating till 6600-6500.

October 30, 2023 11:33 IST

Oil prices surge amid escalating middle east crisis

War premium has returned on crude prices and Oil prices are on course for a second weekly gain as tensions…

October 23, 2023 08:47 IST

crude oil prices, economy, supply cuts, inventories, current account deficit, trade deficit, services exports, Balance of Payments, FPIs, FDI inflows, foreign portfolio investors

Worries around crude oil prices balancing out

Traditionally, volatility in crude oil prices has been the bane of India’s current account deficit position. For example, a spike…

October 17, 2023 08:06 IST

Crude oil prices rally amid global factors; speculator shorts signal potential correction ahead

Despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market, OPEC oil…

September 4, 2023 10:46 IST

russia, crude oil, oil import, oil export, india oil imports, russian oil exports, china, commodities market

Over half of Russian oil exports to India this fiscal; Russian crude economical for Indian refiners despite lowering discounts

Analysts believe India and China will continue to import more than 80% of the Russian crude in the foreseeable future.

August 18, 2023 00:45 IST

Oil prices rally as market wakes up to fundamentals; recession fears ebb, supply seen tightening

MCX crude is in an overbought zone, its support emerged around Rs 6500. Whereas, oil prices rallied, backed by fundamentals.

August 7, 2023 13:24 IST

marketing margins, retail sales, auto fuel, fuel prices, Indian oil marketing companies, net realisation, crude prices, SAED, OPEC+, operating margins, profitability, domestic refining capacity

Oil companies pre-tax profit seen jumping thrice to Rs 1 lakh crore, FY: Report

Crude price has fallen more than 30 per cent this fiscal so far from the year-ago period, yet oil companies…

July 26, 2023 11:56 IST

Crude oil trades higher; Book profits in MCX crude, wait for correction near Rs 6000/bbl

The crude market is willing to ignore the Libyan oil production reopening and weak Chinese data. The maximum open interest…

July 22, 2023 08:37 IST

Crude oil prices touch four-week highs; silver outperforms gold, silver support at Rs 68,800 level

Natural gas prices lost previous gains, while Comex gold settled higher by 0.30% last week. MCX Gold August contact could…

July 10, 2023 14:26 IST

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