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Crude Oil prices

Commodity Superfast: Tremendous rise in crude oil, Brent crude reached the price of 78.11, MCX crude reached the price of 6050.

Commodity Superfast: Tremendous rise in crude oil, Brent crude reached the price of 78.11, MCX crude reached the price of 6050.

Thu, Jan 11, 2024

Crude Oil Price: There was a tremendous start in the market today and meanwhile the price of crude was also seen increasing. Brent crude came at the price of 78.11, Nymex crude at 72.66 and MCX crude at 6050.

Commodity Live: After yesterday's fall, there was a tremendous recovery in commodity, MCX crude came at the price of 6028

Commodity Live: After yesterday's fall, there was a tremendous recovery in commodity, MCX crude came at the price of 6028

Tue, Jan 09, 2024

Crude Prices: After yesterday's fall, recovery was seen in commodities today. A huge jump was also seen in the price of crude. MCX Crude came at the price of 6028.

Unlocking the Mystery: Why is the $80 Level Crucial for Crude Oil? Future Trends & Influences!

Unlocking the Mystery: Why is the $80 Level Crucial for Crude Oil? Future Trends & Influences!

Mon, Jan 08, 2024

Why is the level of $80 important for Crude Oil? How will the movement of Crude Oil be in future - Why may the pressure on Crude Oil increase? J.P on crude oil Opinion of Morgan, BoA, UBS, Reuters... Know complete details from Neha Anand...

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Are you getting petrol, diesel priced lower by Rs 5 now? Check full list of states where fuel rates have been cut

Are you getting petrol, diesel priced lower by Rs 5 now? Check full list of states where fuel rates have been cut

Fri, Oct 05, 2018

Apart from crude oil prices, it was VAT and excise duty which made it very difficult for OMCs to trim petrol, diesel prices.

Oil prices rise ahead of November US sanctions against Iran crude exports

Oil prices rise ahead of November US sanctions against Iran crude exports

Fri, Oct 05, 2018

On Friday, Oil prices rose lifted by looming U.S. sanctions against Iran`s crude exports that are set to start next month.

Oil prices dip on rising U.S. supply, but Iran sanctions still loom

Oil prices dip on rising U.S. supply, but Iran sanctions still loom

Wed, Oct 03, 2018

Oil prices dipped on Wednesday, weighed down by a report of rising U.S. crude inventories and an expected increase in production.

Petrol, diesel prices cut: Rajasthan CM slashes VAT to give relief to consumers

Petrol, diesel prices cut: Rajasthan CM slashes VAT to give relief to consumers

Mon, Sep 10, 2018

Rajasthan Chief Minister Vasundhara Raje announced a four-per cent reduction in value-added tax (VAT) on petrol and diesel on Sunday, which will reduce their prices by Rs 2.5 per litre in the state.

Oil prices rise as U.S. sanctions on Iran cloud supply outlook

Oil prices rise as U.S. sanctions on Iran cloud supply outlook

Fri, Aug 24, 2018

Traders said the supply versus demand outlook for oil markets was relatively tight because of the looming U.S. sanctions against Iran, which will target oil exports from November.

Withdrawal pains over? FPIs pour in Rs 2,300 crore in Indian markets

Withdrawal pains over? FPIs pour in Rs 2,300 crore in Indian markets

Mon, Aug 06, 2018

Foreign portfolio investors (FPI) poured in over Rs 2,300 crore in the Indian capital markets in July, after pulling out funds for three months in a row, largely due to expectations of a lower trade deficit following a correction in crude oil prices.

Brent prices trade below $77; US, Russia supplies weigh

Brent prices trade below $77; US, Russia supplies weigh

Mon, Jun 11, 2018

Brent crude futures, the international benchmark for oil prices, were at $76.50 per barrel at 0215 GMT, up 4 cents from their last close. But US West Texas Intermediate (WTI) crude futures CLc1 were down 8 cents at $65.66 a barrel.

Oil prices hit multi-week lows; Brent crude hovering around $75

Oil prices hit multi-week lows; Brent crude hovering around $75

Tue, May 29, 2018

The Organization of the Petroleum Exporting Countries (OPEC) and other producers led by Russia began withholding 1.8 million barrels per day (bpd) of supplies in 2017 to tighten the market and prop up prices that in 2016 fell to their lowest in more than a decade at less than $30 a barrel.

Global oil prices fall as top three producers look to boost supplies

Global oil prices fall as top three producers look to boost supplies

Mon, May 28, 2018

The Organization of the Petroleum Exporting Countries (OPEC), as well as top producer but non-OPEC member Russia, started withholding supplies in 2017 to tighten the market and prop up prices, which in 2016 fell to a more than a decade low of under $30 per barrel.

Brent crude nears $80: From Airlines, auto to IT, how India will be affected

Brent crude nears $80: From Airlines, auto to IT, how India will be affected

Tue, May 22, 2018

On Tuesday, Brent crude, the global benchmark, rose 54 cents to $79.76 a barrel by 1221 GMT. Last week, it topped $80 for the first time since November 2014.

Brent crude near $79 per barrel: Here’s how higher global oil prices will impact India

Brent crude near $79 per barrel: Here’s how higher global oil prices will impact India

Mon, May 21, 2018

Such consistent rise crude oil is not a good sign for India, as nearly 86% of it’s import depends upon crude.

Karnataka Elections 2018: BJP fails to get full majority, petrol, diesel prices, rupee set to feel the pain

Karnataka Elections 2018: BJP fails to get full majority, petrol, diesel prices, rupee set to feel the pain

Tue, May 15, 2018

Notably, state-owned oil companies like HPCL, BPCL and IOCL stopped revising petrol and diesel prices since April 24 as political parties launched their campaigns in the Karnataka election.

Kuwait Petroleum eyes stake in India's Bina refinery: Sources

Kuwait Petroleum eyes stake in India's Bina refinery: Sources

Tue, May 01, 2018

Kuwait Petroleum International Chief Executive Officer Nabil Bourisli said in April his company intends to sign a deal soon to buy a stake in an Indian refinery and petrochemical project and supply as much as 200,000 bpd of oil.

Petrol and diesel prices: Will your fuel bill come down anytime soon? Find out

Petrol and diesel prices: Will your fuel bill come down anytime soon? Find out

Tue, Apr 17, 2018

Petrol and diesel prices: There has been a continuous hike in fuel rates across India since the start of 2018.

Petrol, diesel prices: Crude oil soars, but govt rules out excise duty relief; now pay more at fuel station

Petrol, diesel prices: Crude oil soars, but govt rules out excise duty relief; now pay more at fuel station

Wed, Apr 04, 2018

The OMCs, while deciding the prices of fuel, take into consideration the performance of international crude oil, adding government’s excise duty and various state’s value added tax (VAT).

Petrol, diesel prices: Your trip to the fuel station set to weigh heavy on pocket; here's why

Petrol, diesel prices: Your trip to the fuel station set to weigh heavy on pocket; here's why

Wed, Mar 28, 2018

OMCs derive final petrol , diesel prices by commuting international crude basket, adding government’s excise duty and state’s value added tax (VAT).

Uptrend in crude oil price may further impact India's fiscal position

Uptrend in crude oil price may further impact India's fiscal position

Wed, Jan 10, 2018

Given the negative balance on Petro account, CARE stated that higher prices of crude oil will increase the trade deficit and put pressure on the rupee.

Why govt is wrong that car, bike buyers are rich enough to afford high petrol, diesel prices

Why govt is wrong that car, bike buyers are rich enough to afford high petrol, diesel prices

Sun, Sep 17, 2017

The Union Minister Alphons Kannanthanam commented on Saturday that those who can afford to buy a car or bike, can afford to pay for the high petrol and diesel prices too.

Why is your petrol, diesel bill rising despite cheaper international crude?

Why is your petrol, diesel bill rising despite cheaper international crude?

Thu, Sep 14, 2017

Both petrol and diesel prices in India have reached at 3-year high on the back of higher taxes being levied by the government.

Asia stocks dip, dollar buoyant as Fed comes into view

Asia stocks dip, dollar buoyant as Fed comes into view

Mon, Jun 12, 2017

A rate hike accompanied by a message suggesting that the Fed may raise rates more than expected in 2017 would support the dollar but be negative for equity markets.

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