Page 18 of Crude oil

Crude oil prices tick up as markets look to key Chinese economic data

Brent crude futures climbed 21 cents, or 0.3%, to $73.41 a barrel by 0009 GMT.

Updated: June 15, 2023 07:49 IST

Windfall tax revenue, crude oil, crude prices,

Rs 35,000-cr collected in FY23: Windfall tax revenue seen falling in FY24 amid softer crude prices

Tax rate zero since May 15; no plan to withdraw the policy

June 15, 2023 01:30 IST

Crude oil steadies as market awaits US Federal Reserve rate outlook

Brent crude futures were up 9 cents, or 0.1%, at $74.38 a barrel by 0340 GMT. U.S. West Texas Intermediate…

Updated: June 14, 2023 10:49 IST

Crude oil prices inch higher on bargain hunting ahead of Fed rate decision

Brent crude futures climbed 16 cents, or 0.2%, to $72.00 a barrel by 0048 GMT. U.S. West Texas Intermediate (WTI)…

Updated: June 13, 2023 07:41 IST

Gold price range-bound since May as natural gas, silver soar 3% last week; US Fed verdict, US CPI eyed for cues

Commodity prices saw gains across most sectors, with silver registering a strong surge due to a weakening US dollar and…

June 12, 2023 09:32 IST

Crude oil edges lower ahead of Fed meeting

Brent crude futures fell 29 cents, or 0.4%, to $74.50 a barrel by 0058 GMT. U.S. West Texas Intermediate (WTI)…

Updated: June 12, 2023 08:06 IST

Crude sees eventful week on Saudi production cut; go long on any breakout above 6100

OPEC+ producers’ decision on production cuts and Saudi Arabia’s voluntary reduction have created volatility in crude oil markets, intensifying the…

June 11, 2023 12:21 IST

Britain to waive oil, gas windfall tax if prices fall far enough

With Friday’s changes the windfall tax would fall away, reducing the tax burden to 40%, if average oil and gas…

June 9, 2023 14:50 IST

Crude oil prices headed for second straight weekly loss on demand fears

Brent crude futures dropped 35 cents, or 0.5%, to $75.61 a barrel by 0304 GMT, while the U.S. West Texas…

Updated: June 9, 2023 13:43 IST

Crude oil price steady as investors weigh supply and demand drivers

Brent crude futures dipped 1 cent at $76.94 a barrel at 0110 GMT, while the U.S. West Texas Intermediate crude…

Updated: June 8, 2023 11:15 IST

Crude oil prices steady as fears over supply tightness counter demand woes

Brent crude futures were up 9 cents, or 0.1%, at $76.38 a barrel at 0039 GMT.

Updated: June 7, 2023 10:17 IST

Crude oil prices tick down with OPEC meeting in rear view

Brent crude futures were down 23 cents, or 0.3%, at $76.48 a barrel at 0020 GMT.

Updated: June 6, 2023 07:26 IST

Precious metals outlook moderately bearish as recession calls delayed, safe-haven demand for gold, silver subsides

The short-term outlook for precious metals is expected to be moderately bearish with reduced safe-haven demand. Crude oil prices recovered…

June 5, 2023 12:03 IST

Saudi Arabia oil output cut to delay price revision in India

Saudi Arabia on Sunday announced cuts of 1 million barrels per day in oil output starting July, while the rest…

Updated: June 5, 2023 11:37 IST

Short positions on crude oil up 140% last week; wait for prices to settle before taking fresh positions

Short sellers have increased their positions as recession fears grow, but a recovery in crude oil prices occurred as OPEC+…

June 4, 2023 12:23 IST

United Nations climate summit, climate change, COP28 summit, weather damage, investment, financial services, damage payments, oil companies, IOPC funds, oil imports

A global play on India’s largest imports – Oil & Metals

For an Indian investor, global diversification to oil and gold assets is more appealing as the country has been the…

June 4, 2023 12:11 IST

russian oil, crude oil, russian oil import,

India’s import of Russian oil scales new high in May

Indian refiners in the past rarely bought Russian oil due to high freight costs but now they are snapping up…

June 4, 2023 11:20 IST

Crude oil prices rise as market awaits possible OPEC+ cuts

Brent crude futures rose 13 cents, or 0.18% to $74.41 a barrel by 0115 GMT, while U.S. West Texas Intermediate…

Updated: June 2, 2023 07:35 IST

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