Page 2 of OPEC

Crude oil slips after large US crude stock build

Brent crude futures fell 34 cents, or 0.4%, to $81.26 a barrel at 0135 GMT, while U.S. West Texas Intermediate…

Updated: February 15, 2024 08:11 IST

opec, international energy agency, iea, russia, china, india, Organisation of Petroleum Exporting Countries

Diverse sourcing a risk to India’s energy security: IEA Markets Head

OPEC and Russia had earlier capped their production amid demand destruction from the world’s top cosnumers, the US and China.

February 10, 2024 03:00 IST

Saudi Aramco, oil output capacity, oil production, oil demand, OPEC+, oil consumption, natural gas, renewables

Saudi Aramco ordered to halt project to boost oil output capacity

The surprise move comes just months after the world’s biggest oil producer had said it was spending billions of dollars…

January 30, 2024 12:23 IST

Red Sea, Asia, Europe, The Suez Canal, Strait of Hormuz, top news, latest news, business news,

Red Sea disruption

There are heightened risks of an adverse impact on India’s export costs.

December 26, 2023 05:00 IST

OPEC, OPEC meet, oil news, oil, oil India, OPEC oil, oil prices

Cartel seeks to check flagging prices when non-Opec oil supplies are higher and global growth is weak

There was wrangling over production quotas among the members, especially the African countries, who were hesitant to cut supplies.

December 2, 2023 06:30 IST

crude oil, oil, commodities, market, market commodities, oil prices

India calls on OPEC to continue to keep stability in oil market

The meeting further discussed key issues concerning energy markets emphasizing on ensuring availability, affordability, and sustainability with India’s role in…

November 11, 2023 01:35 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 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

Petrol demand rises in July, rains continue to cut into diesel sales

Consumption of diesel, the most consumed fuel in the country accounting for about two-fifths of the demand, fell 4.3 per…

Updated: August 1, 2023 17:07 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

Goldman Sachs upgrades oil demand outlook as market tempers growth pessimism

Goldman analysts estimate global oil demand climbed to an all-time high of 102.8 million barrels per day (bpd) in July…

Updated: July 31, 2023 12:38 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 remain range-bound amidst economic concerns, OPEC meeting expectations; go long near Rs 5550/bbl

Crude oil prices continued to remain range-bound despite growing optimism in the form of declining US inventory.

July 3, 2023 11:45 IST

sebi, sebi india, sebi india market news, market news India

Russia’s share in India’s oil imports touch a high of 42% in May

India, the world’s third largest crude oil importer and consumer, has been strategically diversifying its crude supply sources. It has…

June 30, 2023 03:20 IST

oil import, Russian oil, buying splurge, OPEC+, shipments, infrastructure issues, supply, imports

Russia crisis forces rethink of oil market’s balance of risks

Oil fluctuated on Monday when investors got their first opportunity to price in the weekend’s events, which US and European…

June 26, 2023 13:28 IST

Covestro rejects Abu Dhabi National Oil’s $12 billion takeover proposal

In a recent meeting with Covestro leadership, Al Jaber had proposed a potential bid in the mid 50 euros per…

June 23, 2023 07:00 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

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

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Whirlpool India crashes 11% after promoter stake sale buzz: What triggered the sharp fall

Market24 min ago

Whirlpool of India’s share price fell over 11% after reports of a large promoter stake sale at a steep 14% discount. The company’s weak financial performance in Q2 also contributed to the decline. The stock has delivered negative returns of 8% in the last five days and 40% in 2025. The 52-week high for the company is Rs 1,981.10 and the low is Rs 899.

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