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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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Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Oil prices dip on surging Iran sales, but looming OPEC deal offers support

Tue, Oct 04, 2016

Oil prices dipped early on Tuesday, weighed down by a rise in Iranian exports that adds to a global supply overhang, although a planned OPEC-led supply cut later this year has lent crude some support.

Goldman Sachs cuts Q4 crude oil price forecast by $7 on supply glut

Goldman Sachs cuts Q4 crude oil price forecast by $7 on supply glut

Tue, Sep 27, 2016

Goldman Sachs on Tuesday slashed its fourth quarter (Q4) 2016 oil price forecast by $7 per barrel, citing a mounting crude surplus that could outweigh any short-term price support from a potential deal among top producers to limit output.

Oil falls below $49 but set for weekly rise on OPEC hopes, US stocks

Oil falls below $49 but set for weekly rise on OPEC hopes, US stocks

Fri, Sep 09, 2016

Oil prices edged lower on Friday but were still set for their first weekly gain in three weeks after Russia and Saudi Arabia agreed to work together to help rebalance the markets and after a surprisingly large drawdown in US crude stocks.

India to be hit by economic crisis if oil price crosses $60 per barrel: Swamy

India to be hit by economic crisis if oil price crosses $60 per barrel: Swamy

Mon, Aug 29, 2016

India will be hit by an economic crisis if crude oil price crosses $60 per barrel, BJP MP Subramanian Swamy said on Monday. "Given the state of our economy, if crude oil price per barrel rises above $60 then we will be hit by an economic crisis," he tweeted on Monday.

Oil prices fall in early trade as Saudi Arabia dampens prospects of output freeze

Oil prices fall in early trade as Saudi Arabia dampens prospects of output freeze

Fri, Aug 26, 2016

Oil prices dipped in early trading on Friday after the Saudi Arabia energy minister tempered expectations of strong market intervention by producers during talks next month.

Kerala's economy in danger as cheap crude oil hits remittances from Gulf

Kerala's economy in danger as cheap crude oil hits remittances from Gulf

Thu, Aug 25, 2016

Remittances into India saw a decline for the first time in six years in 2015. In the year, remittances into the country went down by 2.1%.

Asia stocks consolidate gains after recent rally, oil slips

Asia stocks consolidate gains after recent rally, oil slips

Wed, Aug 24, 2016

Japan's Nikkei rose 0.4%.

Asia rides Wall St higher, buoyant crude oil price nears 6-week high

Asia rides Wall St higher, buoyant crude oil price nears 6-week high

Fri, Aug 19, 2016

US stocks eked out gains on Thursday following upbeat earnings and forecasts from Wal-Mart and as higher oil lifted energy shares.

India's crude oil basket just fell below $40, now averaging at 10-year lows

India's crude oil basket just fell below $40, now averaging at 10-year lows

Wed, Aug 03, 2016

As on March 2016, crude oil price average basket for the year stood at $ 46.17, which is the lowest since the year 2005-06. The current price has also declined by 45.14% on an average against $ 84.16 of the year 2014-15.

US crude oil settles below $40 per barrel for first time since April

US crude oil settles below $40 per barrel for first time since April

Wed, Aug 03, 2016

Oil prices edged up early on Wednesday, supported by a weaker dollar, but US crude futures remained below $40 per barrel and Brent was below $42 as ongoing fuel oversupply and stuttering economic growth weighed on markets.

Asian markets near nine-month highs as dollar edges up

Asian markets near nine-month highs as dollar edges up

Mon, Jul 25, 2016

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1% to stand just below its nine-month peak hit on Thursday.

Mandi Live : Credit Suisse's presumption on average price of crude in 2016

Mandi Live : Credit Suisse's presumption on average price of crude in 2016

Wed, Jul 13, 2016

Credit Suisse's presumption on the average price of Crude in 2016. Watch this special segment and get to know about the latest news and updates here. Zee Business is one of the leading and fastest growing Hindi business news channels in India.

Oil dips back below $50 on economic worries

Oil dips back below $50 on economic worries

Tue, Jul 05, 2016

"The deterioration in the global economic outlook, financial market uncertainty and ripple effects on key areas of oil demand growth are likely to exacerbate already-lacklustre industrial demand growth trends," Barclays said in a report.

Govt may not cut excise duty on petrol, diesel in near-term

Govt may not cut excise duty on petrol, diesel in near-term

Sun, Jul 03, 2016

Government may not cut excise duty on petrol and diesel in the near-term if it accepts the suggestions made in the approach paper submitted by Chief Economic Adviser for maintaining status quo when oil prices can climb by another $15 a barrel.

All's well if oil stays below $60, says Jayant Sinha

All's well if oil stays below $60, says Jayant Sinha

Fri, Jun 10, 2016

As crude oil price hit an 11-month high of $50 per barrel, the government today said its fiscal maths and inflation calculations will not be impacted if the commodity stays below the $ 60 mark.

Forces effecting crude oil price rise; What happens to India?

Forces effecting crude oil price rise; What happens to India?

Thu, Jun 09, 2016

According to Finance Minister, Arun Jailtey, current price highs won't harm India much but higher rates will torment the economy resulting in inflationary pressure.

Markets close in red; Buffet Indicator at play?

Markets close in red; Buffet Indicator at play?

Thu, Jun 09, 2016

During the intra-day trade, the Sensex touched a high of 26,994.91 points and a low of 26,692.35 points.

Crude oil touches $50, India pays 8% less; here’s why

Crude oil touches $50, India pays 8% less; here’s why

Fri, Jun 03, 2016

Crude oil has touched $50 to a barrel and many experts believe that $50-$60 per barrel is now going to be the average price of crude oil. Although this is nearly 50% higher from its lows of last year but this is also lower than half of its two-year peak of over $100 per barrel.

Brent crude oil held at $50 a barrel

Brent crude oil held at $50 a barrel

Fri, Jun 03, 2016

Brent oil prices held around $50 a barrel on Friday following an OPEC meeting that failed to agree on output targets, but which was seen as supportive as Saudi Arabia pledged not to flood the market with more fuel.

Saudi Arabia bets big on Uber; pumps $3.5 billion in taxi-hailing app

Saudi Arabia bets big on Uber; pumps $3.5 billion in taxi-hailing app

Thu, Jun 02, 2016

The deal comes as Saudi Arabia strives to diversify its economy away from reliance on oil production to include more entrepreneurship, open markets and productivity.

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