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Latest Articles in crude oil prices

Volatile Crude Oil Prices Pose Concerns For Economy: Government Report

The Reserve Bank of India's monetary policy committee left policy interest rates unchanged on Friday, lowering its retail inflation projections to 5.3%.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the July delivery traded higher by Rs 33, or 0.58 per cent, to Rs 5,720 per barrel in 11,352 lots.

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Rupee Slips 5 Paise To 74.37 Against US Dollar In Early Trade

The rupee opened at 74.37 against the dollar, registering a fall of 5 paise over its previous close.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the June delivery traded higher by Rs 17, or 0.33 per cent, at Rs 5,208 per barrel in 8,635 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the June delivery dropped by Rs 25, or 0.52 per cent, to Rs 4,800 per barrel with a business volume of 8,335 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for April delivery traded higher by Rs 7, or 0.15 per cent, at Rs 4,749 per barrel in 3,266 lots.

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Oil Dips On Demand Worries Despite Surprise Drop In US Crude Stocks

Traders will be looking for confirmation of the drawdown in crude stocks in official data due from the Energy Information Administration due on Wednesday.

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Refined Soya Oil Futures Fall On Low Demand

Refined soya oil contracts for April traded lower by Rs 1.3, or 0.1 per cent, at Rs 1,292.6 per 10 kg in 60,470 lots.

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Oil Prices Climb 2% As Dollar Slips

Brent crude oil futures for May settled up $1.73, or 2.6%, to $69.63 a barrel while U.S. West Texas Intermediate crude for April ended the session $1.58 or 2.5% higher, at $66.02.

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Oil Prices Rise On Economic Outlook, Drawdown In Fuel Stocks

Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92.

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Soaring crude prices a credit negative for PSU OMCs: ICRA

Besides auto fuels, the retail prices of domestic LPG have also risen by ~43% from ~Rs. 574/cylinder in March 2020 to Rs 819/cylinder now providing some succour from under recoveries.

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Oil Rises As US Oil Stockpiles Drop, New Chinese COVID-19 Cases Decline

Brent crude futures climbed 11 cents, or 0.2%, to $56.02 a barrel, adding to a small gain on Tuesday.

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Oil Drops As New COVID Cases In China Trigger Clampdowns

Brent crude futures fell 45 cents, or 0.8%, to $55.65 a barrel, erasing a 2 cent gain on Thursday.

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Oil Prices Rise, Hit 9-Month High On US Stimulus Progress

The US dollar set a 2-1/2 year low against major rivals on Thursday. Since crude is priced in greenbacks, this made oil cheaper for buyers holding other currencies.

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Oil Prices Rise On Vaccine Hopes, Ship Explosion At Saudi Arabia

Brent crude futures for February rose 38 cents, or 0.8%, to $50.35 a barrel by 0454 GMT, while U.S. West Texas Intermediate crude futures for January were up 32 cents, or 0.7%, at $46.89 a barrel.

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