Page 3 of Crude prices

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

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

Crude oil gains on Russian supply cut worries, but higher US inventories weigh

Both benchmarks ended Thursday about 2% higher on Russia’s plans to cut oil exports from its western ports by up…

Updated: February 24, 2023 09:30 IST

Crude oil prices edge higher, pause from six-day losing streak

Brent crude futures rose 2 cents to $80.62 per barrel by 0110 GMT. West Texas Intermediate crude futures (WTI) rose…

Updated: February 23, 2023 08:00 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 falls after industry data points to jump in US crude stocks

Brent crude futures lost 20 cents to $85.38 per barrel by 0111 GMT, while U.S. West Texas Intermediate (WTI) crude…

Updated: February 15, 2023 07:39 IST

Crude oil rises for 4th day as supply disruptions, China demand supports

Brent crude futures rose 14 cents, or 0.2% to $85.26 a barrel by 0239 GMT, while U.S. West Texas Intermediate…

Updated: February 9, 2023 09:14 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

Crude oil prices fall but remain buoyed by China outlook

Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI)…

Updated: January 23, 2023 08:28 IST

Crude price may hit $100/bbl, no major correction expected; Use dip around Rs 6500/bbl to go long

Crude has resistance around 6700 as previous peak was around that level before correcting till 6000. Any dip around 6500…

January 21, 2023 10:31 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

Crude oil price falls, unexpected build in crude, fuel inventories in US ignites demand concerns

U.S. West Texas Intermediate (WTI) crude futures fell 59 cents, or 0.8%, to $74.53 a barrel at 0134 GMT, while…

Updated: January 11, 2023 07:57 IST

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

Petrol and Diesel Rate Today, 26 December: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities

Petrol and Diesel Price Today in India: The petrol price and diesel price in Delhi on 26 December are at…

Updated: December 26, 2022 09:08 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 demand expected to increase; go long after price breaches Rs 6,500/bbl

OPEC left its forecasts for oil supply growth from non-OPEC countries largely unchanged at 1.5 million barrels a day in…

December 17, 2022 10:41 IST

crude oil, crude, crude oil prices, windfall tax

Windfall tax cut on oil, fuels; check duty cuts on diesel, petrol, ATF exports, local crude

Windfall tax is levied as a special additional excise duty which is aimed at absorbing the super-profits earned by domestic…

Updated: December 16, 2022 08:35 IST

Windfall tax raised on crude oil, levy on diesel cut; duty on ATF export unchanged in fortnightly review

In the ninth fortnightly revision of windfall tax, the tax rate on export of diesel has been cut to Rs…

Updated: November 17, 2022 09:44 IST

MCX Crude oil November futures to trade at Rs 6700-7500/bbl this week amid rising COVID cases in China

We expect MCX Crude oil November futures to trade in the range of Rs.6,700-7,500 per bbl with an upside bias…

November 15, 2022 13:57 IST

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