Page 7 of Oil prices

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

Crude oil prices set for sixth weekly gain as producers pledge output cuts

Brent crude futures for October rose 10 cents, or 0.1%, to $85.24 a barrel by 0330 GMT, while U.S. West…

Updated: August 4, 2023 10:40 IST

Hindustan Petroleum Corporation, HPCL Q3 results, quarter earnings, profit, revenue, petroleum, oil & gas sector

HPCL posts Q1 profit at Rs 6,765.50 crore on high sales volume, better marketing margin

HPCL posted a total income of Rs 1,19,761.74 crore, down 1.7 per cent in comparison to Rs 1,21,829.51 crore during…

August 3, 2023 12:17 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

High oil prices seen to halve refiners’ marketing margins

No major upside for upstream firms either, as windfall taxes offset benefits

August 2, 2023 01:45 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

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 oil prices open lower on demand concerns, remain on track for weekly gain

U.S. West Texas Intermediate (WTI) crude fell 51 cents, or 0.6%, to $79.58 a barrel, on track for a 5.2%…

Updated: July 28, 2023 08:22 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

Oil companies pre-tax profit seen jumping three times to Rs 1 lakh crore this fiscal: Report

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

Updated: July 26, 2023 14:34 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

retail fuel prices, crude oil, crude oil price,

Oil steady as weak Chinese economic data offsets gains from lower oil stocks

Brent futures rose 3 cents to $79.67 a barrel by 0016 GMT, while U.S. West Texas Intermediate (WTI) crude climbed…

July 21, 2023 07:30 IST

Oil prices open lower on dollar strength, profit-taking

Strength in the U.S. dollar index weighed on prices. The dollar bounced on Wednesday after sentiment was boosted by inflation…

July 20, 2023 07:07 IST

Fall in freight to keep Russian oil in demand

The lower freight costs will largely offset the impact of the plunge in discounts, retaining the attractiveness of Russian oil…

July 20, 2023 05:45 IST

Godrej Agrovet, oil palm, processing units, land allotment, farmer, import, demand

Godrej Agrovet announces allotment of 47,000 acre land for oil palm cultivation, processing unit in Telangana

The allotted area of 47,000 acre will be utilized by the company to expand cultivation of oil palm and set…

July 19, 2023 08:05 IST

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With ‘zero cost to American taxpayer,’ Trump $250m ballroom era begins with demolition

World News33 min ago

The White House has begun construction on a $250 million ballroom, despite lacking approval from the federal agency overseeing such projects. Photos show demolition work on the East Wing, where the first lady’s offices are located. The project, which Trump says will be privately funded, will be the largest structural change to the Executive Mansion since the Truman Balcony was added in 1948.

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