Page 49 - Crude Oil Price

Oil hits 11-month highs on Saudi output cut pledge, equities rally

The move caps a stellar few months for the oil market, with crude emerging as a favored play to bet on coronavirus vaccines and global reflation

Oil hits 11-month high on Saudi cuts, shrugs off US Capitol unrest

Brent crude rose 18 cents to $54.48 a barrel by 1:32 p.m. EST (1832 GMT) after touching $54.90, a high not seen since before the first Covid-19 lockdowns in the West

Sensex slips 81 pts ahead of FY21 advance GDP estimate; midcaps outperform

Overall, market breadth remained in the favour of the bulls with nearly two stocks rising against a stock that declined at the bourses

Saudi's surprise output cut to lift Brent to $60 a barrel by mid-year: UBS

UBS expects Brent to trade at $63 per barrel in the second half of 2021

Trading strategies for Natural Gas and Aluminum by Tradebulls Securities

After taking support at 200 DMA, natural gas made bullish candle indicating bulls trying to stage comeback

2020, a 'gloom, doom and boom' year for metals amid Covid-19 pandemic

While Covid-19-led lockdowns across the globe destroyed demand in the early part of 2020, a supply cut-driven rally and sharp recovery in the auto sector have emerged as big themes

Direct exposure to equities is fraught with risks for unseasoned investors

Begin investing directly in a very small portion of your portfolio and see if you have the flair for it

Oil gains on weaker dollar, unexpected rise in US crude oil inventories

A weak greenback makes dollar-denominated commodities such as crude oil cheaper to holders of other currencies.

Oil falls on surprise build in US stocks, Trump threat to relief spending

US WTI crude futures fell 46 cents, or 1%, to $46.56 a barrel at 0142 GMT, while Brent crude futures dropped 46 cents, or 0.9%, to $49.62.

Oil prices rise above $50 as Covid vaccine optimism offsets new lockdowns

The United States began vaccinating people on Monday as the country's Covid-19 death toll crossed the 300,000 mark

Oil prices dip as tighter Covid lockdowns in Europe cast shadow on demand

Oil prices dipped in early trade, with demand worries due to tighter lockdowns in Europe outweighing relief from vaccination rollouts and concerns about a flare-up of tension in the Middle East

Oil prices rise on Covid-19 vaccine hopes, tanker blast at Saudi Arabia

Brent crude futures for February rose 54 cents, or 1.1 per cent, to $50.51 a barrel by 09.50 GMT, while US West Texas Intermediate crude futures for January were up 46 cents, or 1 per cent

OPEC cuts 2021 oil demand outlook again as pandemic impact lingers

Demand will rise by 5.90 million barrels per day (bpd) next year to 95.89 million bpd, the Organization of the Petroleum Exporting Countries said in a monthly report

Oil pulls back amid New York coronavirus curbs, gains for a 6th week

Brent futures settled down US28 cents, or 0.6% at $49.97 a barrel. The contract rose above $51 a barrel on Thursday to an early-March high

Oil prices set for weekly gain amid coronavirus vaccine rollouts

Brent was up 30 cents or 0.6 per cent at $50.55 a barrel by 1:22 pm IST, after gaining nearly 3 per cent on Thursday

Oil & Gas shares in focus; ONGC, Oil India, Gail rally up to 10%

On Thursday, Brent Crude prices crossed $50 per barrel-mark for the first time since March on demand recovery and hopes of Covid-19 vaccine

Back from the Covid abyss: Oil stages remarkable turnaround; back above $50

It's possible the market is getting ahead of itself though, with key technical indicators signaling benchmarks are overbought and U.S. inventories recently piling higher

Crude oil's run towards $50/barrel mark could run out of fuel in 2021

Covid-19 infections remain at peak levels globally, decimating demand for transport fuels, the mainstay of oil use

Petrol consumption up 4.5 per cent, diesel down 7.3 per cent in November

The Indian basket crude oil touched $47.41 a barrel on November 26 as against average crude oil prices of $41 a barrel in the first fortnight of November this year

Oil rises for 5th day straight on surprise fall in US stocks, vaccine hopes

Brent futures were up 45 cents, or 0.9%, at $49.06 a barrel by 0245 GMT, after rising around 1.6% in the previous session