Page 23 of Crude oil

Crude oil prices climb in relief rally as banking concerns ease

Brent crude futures gained 33 cents, or 0.4%, to $75.32 a barrel at 0040 GMT.

Updated: March 27, 2023 07:50 IST

Analysts slash crude oil price forecasts amid recession fears; go short at Rs 6000/bbl

For 2024, Goldman analysts see Brent crude at $97 per barrel. Recession fears because of banking turmoil have already taken…

March 25, 2023 12:56 IST

Crude oil falls as US holds off refilling strategic reserve

Brent crude futures slid 48 cents, or 0.6%, to $75.43 a barrel by 0039 GMT, while U.S. West Texas Intermediate…

Updated: March 24, 2023 08:05 IST

Crude oil prices fall as investors weigh Fed chair comments, rate hike

Brent crude futures fell 80 cents, or 1%, to $75.89 a barrel by 00:09 GMT, while U.S. West Texas Intermediate…

Updated: March 23, 2023 08:03 IST

Crude oil slips after unexpected build in US crude stocks

Brent futures, which have risen more than 3% this week, were down 48 cents, or 0.6%, at $74.84 a barrel…

Updated: March 22, 2023 09:20 IST

Crude oil prices stabilize as banking deal eases some worries about crude appetite

Brent crude futures for May settlement gained 5 cents and traded at $73.84 per barrel by 0049 GMT.

Updated: March 21, 2023 07:57 IST

Tax hike on diesel exports, windfall gains tax on crude oil production cut to Rs 3500 per tonne

In its fortnightly review, the government hiked the export duty on diesel while slashing the tax on the domestic production…

Updated: March 21, 2023 07:32 IST

Commodities witness high volatility on global uncertainties; gold sees impressive gains on safe-haven buying

Bullion rally to continue as base metal prices consolidated, downside capped by a weaker dollar and hopes of Chinese recovery…

March 20, 2023 09:33 IST

Crude prices may see further selling pressure if cracks in banking system widen; do not recommend fresh short positions

If we have another banking crisis, then the price of crude may continue to fall; otherwise, we may see the…

March 18, 2023 13:07 IST

Crude oil steadies as investors take stock of banking crisis

Brent crude futures edged up 2 cents to $74.72 a barrel by 0133 GMT, having snapped three days of losses…

Updated: March 17, 2023 07:27 IST

Petrol price, diesel price, oil market companies, OMC, crude, crude oil, oil market

Data Drive: OMCs gain from crude fall

Demand for petrol and diesel remains strong

March 17, 2023 04:00 IST

Crude oil regains a bit of ground as Credit Suisse secures lifeline

As of 0427 GMT, Brent crude futures were up 58 cents or 0.8% to $74.27 per barrel. West Texas Intermediate…

Updated: March 16, 2023 11:19 IST

Crude oil prices bounce back, helped by stronger OPEC outlook for China

Brent crude futures climbed 62 cents, or 0.8%, to $78.07 a barrel by 0058 GMT. U.S. West Texas Intermediate crude…

Updated: March 15, 2023 08:26 IST

Crude oil, crude oil market, Russia oil, India, oil market, energy security

Relying on Russian oil

Energy security interests dictate that India must step up relative self-sufficiency

March 15, 2023 03:45 IST

Crude oil prices edge lower as SVB collapse spooks financial markets

Brent crude futures fell 9 cents to $80.68 a barrel by 0101 GMT. U.S. West Texas Intermediate crude futures (WTI)…

Updated: March 14, 2023 07:53 IST

Commodities tumble, however gold outshines on rate hike speculation; gold prices to fluctuate in a broad range

Gold rose to the highest in nearly a month as traders flocked to the haven asset amid a mixed US…

March 13, 2023 08:19 IST

Crude prices to be kept in check by impact of rate hikes; avoid long positions, maintain neutral stance

We are neutral in crude at the moment as higher demand from China is not anticipated immediately.

March 12, 2023 12:37 IST

Crude prices may face strong headwinds; buy on dips near Rs 6300/bbl, target at Rs 6480/bbl

Crude oil also got a boost after stronger than expected Chinese PMI came this week which showed that demand for…

March 5, 2023 12:48 IST

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Railway suspends platform ticket sales at THESE 15 stations amid festive season

Railways47 min ago

Indian Railways has halted the sale of platform tickets at 15 key stations, including Delhi and Mumbai, to ensure the safety of passengers during Diwali and Chhath Puja. The restriction will last until October 28, 2025, but some passengers will be exempt. A holding area has been completed at New Delhi Railway Station to handle the rise in foot traffic during festivals.

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