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Commodity Capsule: Oil Prices Climb as US Crude Stockpiles Drop

Commodity Capsule: Oil Prices Climb as US Crude Stockpiles Drop

Thu, Jan 25, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

Commodity Capsule: Oil Prices Slip as Demand Concerns, Dollar Strength Offset Geopolitical Tensions

Commodity Capsule: Oil Prices Slip as Demand Concerns, Dollar Strength Offset Geopolitical Tensions

Wed, Jan 24, 2024

How are bullion, agricultural commodities, and industrial metals faring today? We bring you the latest updates from the world of commodities.

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.

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Oil India Limited recruitment 2021: Check Junior Assistant post details, qualification required, pay scale, age limits, documents and more

Oil India Limited recruitment 2021: Check Junior Assistant post details, qualification required, pay scale, age limits, documents and more

Thu, Jul 01, 2021

Oil India Limited (OIL) is recruiting for the post of Junior Assistant (Clerk-cum-Computer Operator) for its Field Headquarters, Duliajan, Dibrugarh, Assam.

Strengthening energy security! After oil, India may now build strategic reserve of natural gas

Strengthening energy security! After oil, India may now build strategic reserve of natural gas

Sun, Jan 10, 2021

The reserve will also help the country cope with demand spike and price rise in the event of border skirmishes and war like situations that played out recently with China.

Saudi Arabia to hike oil output above 10 million bpd in April after OPEC+ deal collapse

Saudi Arabia to hike oil output above 10 million bpd in April after OPEC+ deal collapse

Mon, Mar 09, 2020

Saudi Arabia, the world`s top oil exporter, plans to raise its crude oil production significantly above 10 million barrels per day (bpd) in April, after the collapse of OPEC`s supply cut agreement with Russia, two sources told Reuters on Sunday

Gold prices rises above rs. 41,000 amid US-Iran tensions

Gold prices rises above rs. 41,000 amid US-Iran tensions

Mon, Jan 06, 2020

Gold prices breached the Rs 41,000 per 10-gram mark in the domestic market on January 6, tracking positive overseas trend from the international spot gold that neared a 7-year high, amid heightened tensions in the Middle East. #GoldPrice #Gold #Oil #OilPrice #US #Iran

Commodity Superfast: Know about action in commodities market, 8th January, 2019

Commodity Superfast: Know about action in commodities market, 8th January, 2019

Tue, Jan 08, 2019

This segment of Zee Business brings to you top big news stories related to commodity market. Watch this video to know more.

Oil prices edge up to $50 after steep slide

Oil prices edge up to $50 after steep slide

Wed, Dec 26, 2018

Oil prices have edged up to $50 a barrel on Wednesday after reaching its lowest since June 2017 on perceptions that a price slide prompted by worries over the global economy had been overdone amid an Opec-led effort to tighten supply. Watch video:

Commodity Superfast: Know about action in commodities market, 26th December, 2018

Commodity Superfast: Know about action in commodities market, 26th December, 2018

Wed, Dec 26, 2018

Watch this segment to know about action in the commodities market.

Dow set to snap eight-day losing run as oil climbs

Dow set to snap eight-day losing run as oil climbs

Fri, Jun 22, 2018

U.S. stocks rose on Friday with the Dow Jones Industrial Average looking to snap its 8-day losing streak, powered by a surge in oil prices, but losses in technology stocks curbed some gains.

Qatar says too early to exit OPEC oil cuts as investment still low

Qatar says too early to exit OPEC oil cuts as investment still low

Thu, Apr 05, 2018

OPEC and its allies led by Russia have reduced production since the start of 2017 to ease a global oil glut stemming from the U.S. shale oil boom that saw oil prices crashing to below $30 per barrel and investment in the oil sector falling by over $1 trillion in the past three years. OPEC`s production restraints have helped cut global oil stocks in industrialised nations from as high as 350 million barrels to as low as 50 million barrels, Sada said.

Oil hits highest in nearly two weeks on Asian equity recovery

Oil hits highest in nearly two weeks on Asian equity recovery

Mon, Feb 19, 2018

The US oil rig count, an indicator of future production, rose by seven to 798, its highest since April 2015, according to a weekly report from General Electric`s Baker Hughes unit.

How soaring US oil exports to China are transforming the global oil game

How soaring US oil exports to China are transforming the global oil game

Fri, Feb 09, 2018

Bit by bit, the US petroleum industry is turning world oil markets inside out.

Oil prices fall as soaring US output mars OPEC bid to tighten markets

Oil prices fall as soaring US output mars OPEC bid to tighten markets

Thu, Feb 08, 2018

In fact, the OPEC-led restraint was arguably the biggest enabler for America`s production boom, handing over market share at higher oil prices.

Oil falls below $69 as stronger dollar dents risk assets

Oil falls below $69 as stronger dollar dents risk assets

Tue, Jan 30, 2018

European stock markets were firmly in negative territory after a recovering dollar and a drop in shares of Apple sent Wall Street to its largest one-day fall in five months the previous day.

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Oil hits $71 for first time since 2014 on tighter supply and weak dollar

Thu, Jan 25, 2018

The Organization of the Petroleum Exporting Countries and allies including Russia began to curb supplies in 2017.

Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Oil hits highest since late 2014 on U.S. crude inventory drop, weaker dollar

Thu, Jan 25, 2018

Oil prices on Thursday hit their highest since December, 2014, pushed up after U.S. crude inventories posted a 10th straight week of declines and as the dollar continued to weaken.

Russia may back Aramco IPO, enhance OPEC ties

Russia may back Aramco IPO, enhance OPEC ties

Tue, Jan 23, 2018

Sources told Reuters last year Chinese state oil companies were willing to become cornerstone investors in the Aramco IPO which could become the world`s biggest, valuing the firm at up to $2 trillion and raising more than $100 billion.

India sees scope for more integration among state energy companies

India sees scope for more integration among state energy companies

Tue, Jan 23, 2018

ONGC`s purchase of a majority stake in HPCL is expected to close by the end of this month and Pradhan said there was a possibility to combine HPCL with ONGC`s petrochemical projects and its refining arm Mangalore Refinery and Petrochemicals Ltd.

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

India's oil ministry seeks cut in excise duty on petrol, diesel in budget

Mon, Jan 22, 2018

India`s oil ministry is pushing for a cut in excise duty on petrol and diesel in the upcoming 2018/19 budget to cushion the impact of rising oil prices on its vast consumer base, two oil ministry officials told Reuters on Monday.

Modi invites Israeli defence companies for co-production

Modi invites Israeli defence companies for co-production

Mon, Jan 15, 2018

The two countries also inked 9 pacts to boost cooperation in key areas such as cyber security and gas and oil

Oil near three-year highs on output cuts despite rising North American rig count

Oil near three-year highs on output cuts despite rising North American rig count

Mon, Jan 15, 2018

Oil prices held just below December 2014 highs on Monday, supported by ongoing output cuts led by OPEC and Russia despite a rise in U.S. and Canadian drilling activity that points to higher future output in North America.

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