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Latest Articles in oil demand

Crude Oil Futures Rise On Spot Demand

Crude oil for October delivery traded higher by Rs 54, or 0.89 per cent, at Rs 6,116 per barrel in 5,902 lots.

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IEA Forecasts 50 per cent Rise In India's Oil Demand

India’s oil consumption is forecast to rise from 4.8 million barrels per day (mbd) in 2019 to 7.2 mbd in 2030 and 9.2 mbd in 2050, as per the IEA’s key scenario based on stated policies.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the October delivery dropped by Rs 154, or 2.65 per cent, to Rs 5,662 per barrel with a business volume of 8,389 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the October delivery dropped by Rs 21, or 0.36 per cent, to Rs 5,804 per barrel with a business volume of 8,870 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the October delivery traded higher by Rs 53, or 0.97 per cent, at Rs 5,520 per barrel in 7,144 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the October delivery traded higher by Rs 47, or 0.9 per cent, at Rs 5,257 per barrel in 3,799 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the September delivery traded higher by Rs 46, or 0.89 per cent, at Rs 5,227 per barrel in 5,122 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the September delivery dropped by Rs 4, or 0.08 per cent, to Rs 5,091 per barrel with a business volume of 5,142 lots.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the September delivery traded higher by Rs 40, or 0.8 per cent, at Rs 5,053 per barrel in 4,786 lots.

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Crude Oil Futures Dip On Weak Spot Demand

Crude oil for the September delivery dropped by Rs 11, or 0.21 per cent, to Rs 5,125 per barrel with a business volume of 5,407 lots.

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Gasoline Demand Seen Hitting Record As COVID Curbs Ease

The stronger-than-expected gasoline consumption growth could prompt Indian refiners to import the fuel or boost gasoil exports in coming months. Indian refineries are traditionally configured to maximise production of diesel, where demand is still below pre-COVID levels, hurt by an uneven economic recovery.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the September delivery traded higher by Rs 24, or 0.48 per cent, at Rs 5,017 per barrel in 4,535 lots.

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India's Crude Oil Production Continues To Fall, Dips 3.2 % In July

Natural gas production showed a contrasting trend. Helped by KG-D6 fields of Reliance-BP, gas production rose 18.36 per cent year-on-year to 2.9 billion cubic metres and by almost 20 per cent in April-July to 11 bcm.

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Crude Oil Futures Rise On Spot Demand

Crude oil for the August delivery traded higher by Rs 45, or 0.92 per cent, at Rs 4,932 per barrel in 4,927 lots.

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Fuel Demand Rebound To Drive Earnings Of Oil Firms: Moody's

Demand for petroleum products in India declined substantially in April and May 2020 following a nationwide lockdown to control the spread of coronavirus.

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