Page 43 - Crude Oil Price

Oil prices mixed as US crude inventory draw supports, OPEC+ concerns weigh

NEW YORK (Reuters) - Oil prices were mixed on Wednesday, supported by a draw in U.S. crude inventories but pressured by concerns about the market's recovery after OPEC and its allies lowered their 2021 demand growth forecast.

Oil falls as Suez Canal ship partially refloated, market weighs demand

Crude has been hit by rising volatility in recent sessions, with WTI swinging between gains and losses last week

Addicted to cheap fuel, emerging markets face a climate dilemma

Around the world, countries spend a staggering $300 billion a year to keep a lid on fossil-fuel prices, stave off civil unrest and prop up their economies

Oil prices drop 4% as new lockdowns undermine hopes for economic recovery

NEW YORK (Reuters) - Oil prices fell 4% per barrel on Thursday, extending a string of market weakness on renewed lockdowns in Europe and Asia to head off a rising coronavirus infection rate.

Trading strategies for gold and crude oil by Tradebulls Securities

Range breakout for gold comes above 45,300

Oil gains more than $3/bbl after Suez Canal ship grounding

NEW YORK (Reuters) - Oil prices jumped about 6% on Wednesday after a ship ran aground in the Suez Canal, and worries that the incident could tie up crude shipments gave prices a boost after a slide over the last week.

Oil rises after Suez Canal blockage, strong European data

Crude was bolstered by positive economic data as Europe posted a record increase in factory output

Oil extends losses in post-settlement trade on oversupply worries

Oil prices plunged about 6% on Tuesday, falling even lower in post-settlement trade, as concerns over new pandemic curbs and slow vaccine rollouts in Europe added to oversupply uneasiness

Oil tumbles with bearish market structure showing weak demand concern

Futures in New York and London fell as much as 5 per cent, with the prompt spread on both flipping into contango

Rupee rises 3 paise to Rs 72.34 against the US dollar in early trade

The rupee advanced by 3 paise to 72.34 against the US dollar in opening trade on Tuesday, as easing crude oil prices and buying trend in equity markets lifted sentiment. The rupee's gains were, however, restricted as investors turned a bit cautious due to rising US dollar amid foreign fund outflows. At the interbank forex market, the local unit opened flat at 72.37 against the US dollar, then gained some strength to quote at 72.34, a rise of 3 paise over its last close. In the previous session, the rupee had settled at 72.37 against the American currency. Global oil benchmark Brent crude futures fell 0.94 per cent to USD 64.01 per barrel. On the domestic equity market front, the BSE Sensex was trading 90.66 points or 0.18 per cent higher at 49,861.95 in early deals, while the broader NSE Nifty rose 32.10 points or 0.22 per cent 14,768.50. Foreign institutional investors were net sellers in the capital market on Monday as they sold shares worth Rs 786.98 crore, as per exchange ...

Oil steadies but European lockdowns hurt outlook for demand recovery

NEW YORK (Reuters) - Oil steadied on Monday as hopes for a pick-up in demand later this year helped arrest last week's broad sell-off, but prices stayed under pressure as new European coronavirus lockdowns made a quick recovery look less likely.

Oil prices slip as Europe Covid lockdowns dim demand recovery hopes

Germany plans to extend a lockdown to contain Covid-19 infections into a fifth month

Rupee gains 15 paise to end at 72.37 against USD amid easing oil prices

This was also driven by foreign fund inflows

Oil prices decline as European coronavirus lockdowns douse recovery hopes

Oil prices resumed their decline on Monday, falling around 1% as worries about a drop in demand for fuel products in the wake of yet more European lockdowns dominated trading

Fuel prices remain stable for 3 weeks as crude softens, states enter polls

Fuel prices in the country have remained steady for three weeks now as softening crude and upcoming assembly elections in a few states have kept Oil companies from revising the retail prices

Oil prices edge higher after sell-off driven by demand concerns

Brent crude was up 31 cents, or 0.5 per cent, at $63.59 a barrel by 8:20 pm (IST)

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

Several large European economies have had to reimpose lockdowns as caseloads rise, while vaccination programs are slowing due to concerns about side effects of the AstraZeneca vaccine

Oil falls over 3% as dollar rises and coronavirus vaccine rollout stalls

Brent futures fell $2.65, or 3.9%, to $65.35 a barrel

Trading strategies for copper and nickel by Tradebulls Securities

For Copper sellers to gain upperhand, they must breach the support of 668 levels

Robust growth trajectory drives gains for Asian Paints

Falling crude oil prices to support margins