Page 16 of Crude oil

India’s oil demand seen peaking, import bill up just 10% in 9 yrs

Between FY14-FY23, import volume grew barely a quarter; in the previous 9 years, it had nearly doubled .

August 19, 2023 05:45 IST

Crude rallies on expectations of tightening supply, demand to rise; consolidation likely after correction

Crude oil market has propelled the recent rally in crude where it has jumped from $67 to $85 in the…

August 16, 2023 10:35 IST

Crude oil price steady after drop on US downgrade as supply concerns support

Ratings agency Fitch downgraded the long-term foreign currency ratings of the U.S., the world’s biggest oil consumer, reflecting expected fiscal…

Updated: August 3, 2023 11:43 IST

Crude oil prices rise more than per cent after sharp drop in US crude stocks

Brent crude futures for October rose 92 cents, or 1.1%, to $85.83 a barrel by 0001 GMT, while U.S.

Updated: August 2, 2023 08:05 IST

Crude oil price holds near three-month high on signs supply is tightening

Brent crude futures for October were at $85.30 a barrel at 0135 GMT, down 13 cents or 0.15% lower from…

Updated: August 1, 2023 08:48 IST

Windfall tax on crude, windfall tax on diesel, crude oil news, diesel news, price of diesel, price of crude oil, tax on crude, tax on export of diesel

Windfall tax crude raised to Rs 4,250/tonne, Rs 1/litre on diesel

With global crude price hardening, the government had raised the special additional excise duty (SAED) on crude to Rs 1,600/tonne…

Updated: August 1, 2023 07:30 IST

Crude oil price on track for biggest monthly gains in over a year

Brent crude futures dipped 9 cents to $84.90 a barrel by 0005 GMT while U.S. West Texas Intermediate crude was…

Updated: July 31, 2023 08:36 IST

Crude demand expected to be robust; traders advised to not take short positions, support seen near Rs 6400/bbl

MCX crude’s support seen at Rs 6400 and any price action below this level would give traders confidence to go…

July 29, 2023 13:58 IST

Crude oil prices up as supply tightness view offsets concerns from rate hikes

The promise of economic stimulus in China, the world’s second-biggest oil consumer, also lent support to the market.

Updated: July 27, 2023 08:20 IST

Crude oil prices ease after build in US crude stockpiles

Brent crude futures slid 32 cents, or 0.4%, to $83.32 a barrel by 0036 GMT. U.S. West Texas Intermediate (WTI)…

Updated: July 26, 2023 08:03 IST

Crude oil prices rise on tighter supply, China hopes

Brent futures gained 22 cents, or 0.3%, to $82.96 a barrel by 0253 GMT, while U.S. West Texas Intermediate (WTI)…

Updated: July 25, 2023 09:29 IST

Crude oil prices rally takes a breather ahead of Fed, ECB rate hikes

Brent crude futures dipped 41 cents, or 0.5%, to $80.66 a barrel by 0045 GMT. U.S. West Texas Intermediate crude…

Updated: July 24, 2023 08:08 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 up on China economic support pledge, tighter supply

Brent futures rose 9 cents, or 0.1%, to $79.72 a barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI)…

Updated: July 19, 2023 08:08 IST

retail fuel prices, crude oil, crude oil price,

Hardening crude dampens prospect of cut in retail fuel prices

“Now, with the oil prices going above $80, it (cutting the retail petrol and diesel prices) has once again gone…

July 19, 2023 03:15 IST

MCX crude near its resistance zone; OPEC lifts its crude oil demand forecast for 2023 to 2.4 million bpd

MCX crude is near its 200-day moving average, whereas OPEC’s expectation for this year’s oil demand is an upward revision…

July 17, 2023 11:09 IST

How various global indices, commodities affect the Indian stock markets

Global factors affect global indices, which in turn affect the Indian stock market. Some of such global indices are the…

July 17, 2023 07:33 IST

Crude oil prices up on tighter supply, lower US inflation

Brent crude futures rose 27 cents, or 0.3%, to $81.63 per barrel at 0028 GMT. U.S. West Texas Intermediate crude…

Updated: July 14, 2023 08:36 IST

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Page 16 of Crude oil

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