Page 13 - Crude Oil Price

MCX Crude Oil futures likely to exhibit high volatility in the near term

Sustained trade below Rs 6,940-level, can trigger a sharp slide in MCX Crude Oil August futures; Bias for Natural Gas futures has turned marginally negative.

Oil prices see-saw, settle on Russian pipeline constraints, recession fear

Crude prices have been under pressure for weeks as fears mounted that a recession could cut oil demand

Oil prices slip amid chance of Iran nuclear deal supply boost

LONDON (Reuters) - Oil dropped over $1 a barrel on Tuesday, approaching a multi-month low hit last week, pressured by the latest progress in talks to revive the 2015 Iran nuclear accord, which would eventually allow Tehran to boost exports in a tight market.

Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%

CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today

HPCL, BPCL shed up to 4% on lackluster June quarter performance

So far in this calendar year, BPCL and HPCL have tumbled 13 per cent, and 14 per cent, respectively. However, frontline indices Nifty50 and the S&P BSE Sensex have remained flat during the same period

Oil prices bounces higher as China, US data ease recession concerns

Brent crude futures had risen 81 cents, or 0.9%, to $95.73 a barrel by 0638 GMT. U.S. West Texas Intermediate crude was at $89.76 a barrel, up 75 cents, or 0.8%

Oil prices set to end week at multi-month lows on recession fears

LONDON (Reuters) -Oil prices slipped on Friday and were near their lowest levels since February as concerns over a possible recession and a fall in fuel demand continued to rattle markets.

Sensex gains 89 pts, Nifty holds 17,350 as RBI hikes repo rate by 50 bps

CLOSING BELL: While an in-line repo rate hike of 50 basis points gave ammunition to the bulls, bears tried to drag the indices as inflation projections were maintained for fiscal 2022-23 (FY23)

Oil prices extend losses on inflation, demand worries; hits 5-month low

Oil prices extended losses, after hitting their lowest since before Russia's February invasion of Ukraine in the previous session, as the market fretted over the impact of inflation

Rupee tipped to open higher as oil slips to 5-month low; RBI policy eyed

The Indian rupee is expected to strengthen against the U.S. dollar at open on Friday as oil prices extended their recent slide to slip to their lowest since February

We've stayed away from high-flying, new-age loss-making cos: Aniruddha Naha

Naha says that fears of a recession are less of a concern for India than the developed markets and that domestic equities are likely to remain more insulated to global macro challenges.

Oil prices stabilise after drop to near 6-month low based on supply fears

LONDON (Reuters) -Oil prices were broadly steady on Thursday as the market weighed tight supply against fears of a demand slowdown, after a build in U.S. crude and gasoline stocks sent prices to multi-month lows in the previous session.

Sensex snaps 6-day winning streak ahead of RBI policy outcome, dips 52 pts

CLOSING BELL: PSU banks were the worst hit today with the Nifty PSB index down 1.75 per cent

Is the current strength in rupee sustainable?

The Indian rupee has reversed its slide amid a weakening in the US dollar index, and a halt in foreign investors' selling spree. Find out the sectors that can benefit the most from the current trend

Windfall tax: Frequent changes create uncertainty for Indian oil producers

Experts say move is justified but government should clarify how proceeds will be utilised

Fag-end buying lifts Sensex 214 pts; Nifty nears 17,400; IT stocks dazzle

CLOSING BELL: All sectors, except IT and Financial Services, witnessed selling pressure today, led by auto, pharma, and public sector banks

MCX Crude Oil may soon test 200-DMA; Bias for Natural Gas turns neutral

The MCX Crude Oil futures could dip briefly below the 200-DMA at Rs 7,275 indicates the weekly momentum oscillators. Bias for Natural Gas futures no longer negative.

Govt cuts windfall tax on fuel export, raises levy on domestic crude oil

Centre lowers export tax on diesel and ATF; new rates to be effective from Aug 3

Govt revises windfall tax levied on crude, diesel and ATF

India has increased the export tax on petroleum crude and cut the tax on aviation turbine fuel and diesel

Sensex ends volatile day 21 pts higher; PSB index surges 3%, Zomato 20%

CLOSING BELL: losses in HDFC twins, ICICI Bank, Infosys, L&T, and Bharti Airtel nearly balanced gains in Kotak Bank, State Bank of India, Hindustan Unilever (HUL), Asian Paints, and Bajaj Finance