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Latest Articles in Energy Infra

Oil Prices Slip As US Inventory Build Stokes Fears Of Supply Glut

Brent crude futures for December delivery were at $42.66 a barrel, down 50 cents, or 1.16%, as of 1027 GMT, while December U.S. West Texas Intermediate (WTI) crude futures slipped 56 cents, or 1.34%, to $41.14.

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Oil Falls After US Inventory Build Feeds Oversupply Fears

Brent crude futures for December delivery were at $42.94 a barrel, down 22 cents, or 0.5%, as of 0035 GMT, while December U.S. West Texas Intermediate (WTI) crude futures slipped 23 cents, or 0.7%, to $41.47 a barrel.

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Oil Steadies But Coronavirus And Supply Pressures Remain

Brent crude futures were trading up 5 cents, or 0.1%, at $42.67 a barrel by 1048 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 13 cents, or 0.3%, to $40.96.

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Oil Prices Steady But Rising Infections And Oil Supply Weigh

Brent crude futures were trading down 4 cents, or 0.1%, at $42.58 a barrel by 0635 GMT, recovering ground after falling to as low as $42.19 earlier in the session.

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OPEC+ To Discuss Weakening Oil Demand Outlook

OPEC+ experts last week discussed risks of a persisting supply overhang in 2021 in the event of a prolonged and severe second wave of the COVID-19 pandemic.

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Oil Prices Little Changed Ahead Of China GDP Data

Brent crude for December inched up 4 cents to $42.97 a barrel by 0018 GMT and U.S. West Texas Intermediate crude was at $40.90 a barrel, up 2 cents, a day before the November contract expires.

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Oil Dips On COVID-19 Resurgence, Fears Of More Supply

Brent crude futures fell 23 cents to settle at $42.93 a barrel, and U.S. West Texas Intermediate (WTI) crude futures dropped 8 cents to settle at $40.88 a barrel.

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India's September Palm Oil Imports Slump 27% On Tepid Demand - Trade Body

India's soyoil imports last month stood at 316,232 tonnes, while sunflower oil imports plunged 47% to 66,783 tonnes from a year-ago period

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Crude Oil Futures Decline On Low Demand

On the Multi Commodity Exchange, crude oil for October delivery eased by Rs 23, or 0.77 per cent, to Rs 2,981 per barrel with a business volume of 2,888 lots.

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Fitch Expects Marketing, Refining Volume Of Oil Firms To Fall 15% In FY21

India's fuel demand recovered sharply in June from April before slowing due to the reimposition of restrictions in certain cities because of coronavirus and flooding in some regions.

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Refined Soya Oil Futures Fall On Low Demand

On the National Commodity and Derivatives Exchange, refined soya oil for delivery in October declined by Rs 3.6, or 0.38 per cent, to Rs 936 per 10 kg in 13,735 lots.

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Oil Dips As Surging Coronavirus Cases Threaten Demand Recovery

Brent crude futures dropped 28 cents, or 0.7% to $43.04 a barrel at 0724 GMT, while U.S. West Texas Intermediate (WTI) crude futures were down 24 cents, or 0.6%, to $40.80.

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Oil Rises 2% As OPEC Complies With Production Cuts

Brent crude futures for December delivery settled up 87 cents, or 2.05%, at $43.32 a barrel. U.S. West Texas Intermediate futures also traded higher, settling up 84 cents, 2.09%, at $41.04 a barrel.

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Green Hydrogen, Electric Trucks 'Ripe For Investment' By EU Recovery Fund

The research, which aims to provide a guide for policymakers and investors, identified technologies and projects the EU could invest in using money from its budget and recovery fund to help the region's economies bounce back from the coronavirus crisis.

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Oil Steady As Rising Coronavirus Cases Stokes Demand Concerns

Brent crude futures for December fell by 8 cents, or 0.2%, to $42.37 a barrel by 0142 GMT while U.S. West Texas Intermediate futures were down 9 cents, or 0.2%, to $40.11.

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