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Major Gulf markets mixed on muted oil prices, regional tensions

Major Gulf markets mixed on muted oil prices, regional tensions

Tue, Jan 23, 2024

The United Arab Emirates president has issued a law establishing an artificial intelligence and advanced technology council, the Abu Dhabi Media Office said on Monday.

Oil prices stabilise as Red Sea transport disruptions ease

Oil prices stabilise as Red Sea transport disruptions ease

Thu, Dec 28, 2023

Media reports said that Brent crude futures inched up 10 cents, or 0.1 per cent, to $79.75 a barrel by 0424 GMT, while U.S. WTI crude futures were trading 5 cents lower at $74.06 a barrel.

Oil prices extend gains as Red Sea attacks disrupt supply chains

Oil prices extend gains as Red Sea attacks disrupt supply chains

Tue, Dec 19, 2023

In Iran, Oil Minister Javad Owji on Monday confirmed a nationwide disruption to petrol stations was caused by a cyberattack.

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Market soars to new heights as Federal Reserve signals shift: Sensex and Nifty surges amid global economic optimism

Market soars to new heights as Federal Reserve signals shift: Sensex and Nifty surges amid global economic optimism

Thu, Dec 14, 2023

The central bank anticipates lower borrowing costs in 2024, maintaining steady interest rates.

Impact of 10-Month High Crude Oil Prices : How Does It Affect Company Margins?

Impact of 10-Month High Crude Oil Prices : How Does It Affect Company Margins?

Wed, Sep 20, 2023

Crude oil at 10 month high, who will be harmed by the boiling of CrudeOil? How much impact on the margins of companies? What is the effect of increase in crude prices? Know complete details

Oil prices rise on large US stockpile draw, hurricane jitters

Oil prices rise on large US stockpile draw, hurricane jitters

Wed, Aug 30, 2023

U.S. crude stocks dropped by about 11.5 million barrels in the week ended Aug. 25, according to market sources citing American Petroleum Institute figures on Tuesday.

Commodity Live: 1% rise in crude in the domestic market

Commodity Live: 1% rise in crude in the domestic market

Tue, Aug 29, 2023

Crude Oil: How much speed is expected in crude oil? Are there any signs of oil softening? Know in this video

Crude Awakening: Brent and WTI Crude Oil Prices Fall 2-3% in a Week

Crude Awakening: Brent and WTI Crude Oil Prices Fall 2-3% in a Week

Tue, Aug 22, 2023

Crude oil market divided, How much speed is expected in crude oil? Are there any signs of oil softening? What are the brokerages giving targets in crude oil for the future? Know in this video...

Oil prices flat as rates anxiety, China gloom offset tighter supply

Oil prices flat as rates anxiety, China gloom offset tighter supply

Mon, Aug 21, 2023

The September WTI contract expires on Tuesday and the more active October contract eased 3 cents to $80.63 a barrel.

Crude Oil Price Spikes! How much more will crude oil price hike?

Crude Oil Price Spikes! How much more will crude oil price hike?

Fri, Aug 04, 2023

Why is the boiling of crude increasing ? how much more crude oil will boil now?

Oil prices ease ahead of Fed, ECB rate hikes

Oil prices ease ahead of Fed, ECB rate hikes

Mon, Jul 24, 2023

China's state planner on Monday unveiled measures to promote, encourage and spur private investment in some infrastructure sectors, and said it will also strengthen financing support for private projects.

Commodity Live: Increase in price of edible oil in the global market

Commodity Live: Increase in price of edible oil in the global market

Tue, Jul 04, 2023

Edible Oil Price: Edible oil is seeing a boom in the Global Market. BMD Palm oil has reached near the upper level of the month. Let's see in the country in the coming days?

Commodity Capsule: Oil prices firm, gold edges up amid political issues in Russia

Commodity Capsule: Oil prices firm, gold edges up amid political issues in Russia

Mon, Jun 26, 2023

How are bullion, agricultural commodities, and industrial metals faring today amid political turmoil in Russia and geopolitical uncertainties? Watch this space to keep yourself up-to-date with every development related to the world of commodities.

Oil prices slide on uncertainty over global economic outlook, rate hikes

Oil prices slide on uncertainty over global economic outlook, rate hikes

Mon, Apr 24, 2023

Both contracts fell more than 5% last week, their first weekly drop in five, as U.S. implied gasoline demand fell from a year ago, fuelling worries of a recession at the world’s top oil consumer.

Know how Russia will benefit from OPEC's fresh oil production cuts

Know how Russia will benefit from OPEC's fresh oil production cuts

Wed, Apr 05, 2023

Several OPEC+ members have decided to voluntarily cut their oil production by more than a million barrels per day. Russia has also extended a cut of 500,000 barrels per day. But despite of the fresh oil cuts, Russia is going to benefit greatly from it.

Oil Prices Surge After OPEC+ Producers Announce Surprise Cuts

Oil Prices Surge After OPEC+ Producers Announce Surprise Cuts

Mon, Apr 03, 2023

Oil prices spiked Monday after OPEC+ producers unexpectedly announced that they would cut output. Which sectors, companies will benefit? Know complete details from Varun Dubey.

Editor's Take: Oil Prices Soar Almost 6% After OPEC+ Output Cut, What Will Happen Next In Crude Oil?

Editor's Take: Oil Prices Soar Almost 6% After OPEC+ Output Cut, What Will Happen Next In Crude Oil?

Mon, Apr 03, 2023

How important is the OPEC+ meeting to be held today? What is the strategy of OPEC+? What will happen next in crude oil? Know from Anil Singhvi.

Brent crude falls below $75 per barrel for first time since 2021

Brent crude falls below $75 per barrel for first time since 2021

Thu, Mar 16, 2023

The U.S. dollar also strengthened against a basket of currencies, making it more expensive for holders of those currencies to purchase crude.

Oil rises to over $80 per barrel as dollar slumps on slowing inflation

Oil rises to over $80 per barrel as dollar slumps on slowing inflation

Wed, Dec 14, 2022

Brent crude futures settled at $80.68 per barrel, up $2.69, or 3.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $75.39 per barrel, up by $2.22, or 3%. Both contracts recorded their biggest daily gains since Nov. 4.

Foreign investors inflows hit 20-month high of Rs 51,200 cr in August amid improving risk and stable crude oil prices

Foreign investors inflows hit 20-month high of Rs 51,200 cr in August amid improving risk and stable crude oil prices

Sun, Sep 04, 2022

This comes following a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in July, data with depositories showed.

"It is our moral duty to ensure best deal, India can't afford higher oil prices..." EAM Jaishankar on importing Russian oil

"It is our moral duty to ensure best deal, India can't afford higher oil prices..." EAM Jaishankar on importing Russian oil

Wed, Aug 17, 2022

Slamming those questioning India's integrity over buying crude from Russia, External Affairs Minister S Jaishankar on Wednesday said that it is his moral duty to provide best possible deal to its citizen and India has been very honest about its interest.

Crude below $100– Anil Singhvi decodes factors triggering steep fall in oil prices

Crude below $100– Anil Singhvi decodes factors triggering steep fall in oil prices

Wed, Jul 13, 2022

Brent crude futures dropped 68 cents, or 0.7%, to $98.81 a barrel at 0002 GMT. While US West Texas Intermediate crude declined 72 cents, or 0.8%, to $95.12, also the lowest in three months.

Oil prices skid as US President Joe Biden pushes for fuel cost cuts

Oil prices skid as US President Joe Biden pushes for fuel cost cuts

Wed, Jun 22, 2022

Oil prices dived more than $4 a barrel on Wednesday amid a push by U.S. President Joe Biden to bring down soaring fuel costs, including pressure on the country`s major energy firms to help ease the pain for drivers during peak summer consumption.

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