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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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Gold, silver prices to fall with crude oil rate going up!

Gold, silver prices to fall with crude oil rate going up!

Wed, May 24, 2017

Zee Business brings to you Ajay Kedia's analysis over the gold, silver and crude oil prices.

Oil prices pinned near five-month low as supply glut weighs

Oil prices pinned near five-month low as supply glut weighs

Fri, May 05, 2017

"So far OPEC`s strategy to draw down inventories has not worked ... It seems obvious to us that OPEC will need to keep the cuts in place for longer than the next 6 months if their strategy is to have any chance of success," Neil Beveridge, senior oil and gas analyst at AB Bernstein in Hong Kong said in a note to clients on Friday.

Brent crude closes at 2017 low, erases gains since OPEC's cuts

Brent crude closes at 2017 low, erases gains since OPEC's cuts

Wed, May 03, 2017

The market was already trading lower prior to the technical selloff on reports of rising output in the United States, Canada and Libya and declining compliance by members of the Organization of the Petroleum Exporting Countries with the deal to cut output during the first half of this year.

Demonetisation may lead to lower growth for cement sector, report says

Demonetisation may lead to lower growth for cement sector, report says

Tue, Feb 28, 2017

Analysts at India Ratings said, “The operating profitability of cement manufacturers in FY18 to be around the FY16 and estimated FY17 levels, due to stable demand growth, despite increase in input costs. Demand will be backed by an increase in government expenditure.”

RBI may cut repo rate by 25 basis points in February: HSBC report

RBI may cut repo rate by 25 basis points in February: HSBC report

Fri, Jan 13, 2017

With uncertanity over implementation of GST, rising crude oil prices and the challenging 4% CPI in medium term, Reserve Bank of India (RBI) may cut repo rate for the final time by a 25 basis points (bps) in the February policy, says a report.

HSBC sees Sensex at 30,500 by end of 2017 on government reforms

HSBC sees Sensex at 30,500 by end of 2017 on government reforms

Wed, Jan 11, 2017

Global financial services major HSBC has set an optimistic benchmark BSE Sensex target at 30,500 for December-end, 2017 saying that structural reforms like demonetisation and GST will boost growth in the long run.

OPEC oil output falls from record high ahead of planned cuts: Reuters survey

OPEC oil output falls from record high ahead of planned cuts: Reuters survey

Thu, Jan 05, 2017

OPEC`s oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria`s oil industry and top exporter Saudi Arabia trimming exports.

Oil prices fall on surprise build in U.S. crude stocks

Oil prices fall on surprise build in U.S. crude stocks

Thu, Dec 29, 2016

U.S. oil prices fell on Thursday following a surprise build in the country`s crude stocks shown in data published by the American Petroleum Institute (API) late on Wednesday.

Prospects of rate cut bleak as dollar, crude rise: Assocham

Prospects of rate cut bleak as dollar, crude rise: Assocham

Sun, Dec 18, 2016

Prospects of interest rate cut in near future may be bleak due to factors like continuous pressure on rupee against dollar, firming of the US rates and hardening of crude oil prices, according to a report.

Asian energy firms rally with oil on output cut deal

Asian energy firms rally with oil on output cut deal

Mon, Dec 12, 2016

The 11 nations, led by Russia, said they would pump more than half a million fewer barrels a day from next month in an effort to address a global supply glut that has scythed prices over the past two years.

Oil prices fall for fourth day after stockpile build

Oil prices fall for fourth day after stockpile build

Wed, Nov 02, 2016

Crude oil prices fell for a fourth day on Wednesday, with jittery investors awaiting official US stockpile figures later in the day after less comprehensive industry data showed a surprise build in inventories.

World Bank raises crude oil forecast to $55 per barrel for 2017

World Bank raises crude oil forecast to $55 per barrel for 2017

Thu, Oct 20, 2016

The OPEC members are limiting the production after a long period of unrestrained ouptut.

Oil prices jump on big US crude stock drawdown

Oil prices jump on big US crude stock drawdown

Thu, Oct 20, 2016

The Energy Information Administration (EIA) said in its weekly report that US crude inventories dropped by 5.2 million barrels to a total of 468.7 million barrels in the week through October 14, Xinhua news agency reported.

Sensex closes up over 500 points; Nifty ends at 8,678

Sensex closes up over 500 points; Nifty ends at 8,678

Tue, Oct 18, 2016

India's key equity benchmark indices closed up in green on Tuesday on the back of value buying, positive global indices, higher crude oil prices and stronger rupee. The 30-scrip Sensex index of BSE closed up 1.89%, or 520.91 points, at 28,050.88 on the exchange on Tuesday.

Oil edges up as analysts say market could be closer to balance than expected

Oil edges up as analysts say market could be closer to balance than expected

Tue, Oct 18, 2016

Oil prices rose early on Tuesday as some analysts said markets might not be quite as oversupplied as suggested by many, with global inventories rising less than expected ahead of the high-demand winter heating season in the northern hemisphere.

Crude oil edges up before producer talks on output curbs

Crude oil edges up before producer talks on output curbs

Wed, Oct 12, 2016

Crude futures inched up on Wednesday, with investors waiting for talks between OPEC producers and other oil exporters on curbing output to end a glut in the global market.

Oil prices dip but stay near 1-year highs on expected output cut

Oil prices dip but stay near 1-year highs on expected output cut

Tue, Oct 11, 2016

Oil prices jumped as much as 3 percent on Monday, with Brent hitting a one-year peak, after Russia and Saudi Arabia both said a deal between the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC members like Russia in curbing crude output was possible.

India's crude basket at its 12-month peak

India's crude basket at its 12-month peak

Mon, Oct 10, 2016

Price of Indian crude oil basket touched $50.14 per barrel in October. The last time India paid over $50 per barrel for oil was in October 2015. The average crude oil prices in June this year was $46.96 per barrel with June 10 that came closest to the ‘$50’ mark at $ 49.35.

Oil prices dip after reaching June highs following US crude stock draw

Oil prices dip after reaching June highs following US crude stock draw

Thu, Oct 06, 2016

Oil prices dipped on Thursday but remained near June highs reached the previous session when they were buoyed by a fall in US crude inventories. US West Texas Intermediate (WTI) crude oil futures were trading at $49.63 per barrel at 0051 GMT, down 20 cents from their last settlement.

Oil prices rise on report of US crude stock draw

Oil prices rise on report of US crude stock draw

Wed, Oct 05, 2016

Oil prices rose in early trading on Wednesday after a report that US fuel inventories may have fallen for a fifth straight week, but contracts remained near the $50 mark where many traders currently see fair value for crude.

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