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Latest Articles in crude oil

Crude Oil Futures Dip On Weak Spot Demand

Crude oil for May delivery dropped by Rs 29, or 0.61 per cent, to Rs 4,694 per barrel with a business volume of 6,002 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak spot demand.

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Global Gold Demand Declines By 23 % To 815.7 Tonne In Jan-Mar 2021: WGC

The January-March quarter witnessed 71 per cent decline in investment demand at 161.6 tonne compared to 549.6 tonne in the same quarter of 2020, mainly on account of hefty outflows from gold ETFs.

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Crude Oil Futures Rise On Spot Demand

Crude oil for May delivery traded higher by Rs 40, or 0.86 per cent, at Rs 4,716 per barrel in 7,102 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for May delivery traded higher by Rs 7, or 0.15 per cent, at Rs 4,665 per barrel in 6,411 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Brent Crude, the international benchmark, dipped 1.12 per cent to trade at USD 65.37 per barrel in New York.

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India's Crude Oil Output Drops 5%, Gas Production Falls 8%

India is nearly 85 per cent dependent on imports to meet its crude oil needs. It spent USD 61.9 billion in 2020-21 on import of 198.2 million tonnes of crude oil.

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Crude Oil Futures Rise On Spot Demand

Crude oil for May delivery traded higher by Rs 35, or 0.73 per cent, at Rs 4,801 per barrel in 7,539 lots.

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Crude Oil Futures Drop On Low Demand

Crude oil for May delivery eased by Rs 5, or 0.11 per cent, to Rs 4,733 per barrel with a business volume of 4,982 lots.

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Crude Oil Futures Rise On Spot Demand

On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 9, or 0.19 per cent, at Rs 4,761 per barrel in 5,520 lots.

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WPI Inflation Spikes To Over 8-Year High Of 7.39% In March

The low base of March last year, when the data was computed with a low response rate due to the nationwide lockdown, contributed to a spike in inflation in March 2021.

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India's Palm Oil Imports Rise 56.50 Pc In March

The country's total vegetable oil imports rose marginally to 9,80,243 tonne in March 2021, compared to 9,55,422 tonne in the year-ago period.

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High Pressure Performance

Operational revenues for FY20 stood at Rs 96,213.6 crore while profit after tax (PAT) was Rs 13,444.5 crore. ONGC realised $58.61/bbl for domestic crude in FY’20 compared to $68.19/bbl in FY19.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for April delivery dropped by Rs 5, or 0.11 per cent, to Rs 4,429 per barrel with a business volume of 5,445 lots.

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India To Resume Buying Oil From Iran Once US Sanctions Ease

Iraq was India's biggest oil supplier, followed by Saudi Arabia and the UAE. Nigeria was fourth-largest supplier and the US was the fifth.

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