Page 16 - Crude Oil Prices

Experts urge govt to lock in crude oil purchases as prices start rising

They suggest it is time the govt chipped in as a sovereign oil hedger, perhaps by taking hedging as a Cabinet decision

Covid-19 impact: Centre releases truncated WPI inflation data for April

Reports 10.12% deflation in fuel, power basket

OMCs tank as govt raises excise duty on petrol, diesel; HPCL, BPCL dip 10%

The price hike will be absorbed by oil marketing companies against the fall in crude prices.

Outlook & trading strategies for Copper, Silver by Tradebulls Securities

Silver on the hourly chart is trading in a symmetrical triangle pattern with a breakout above 43,300 and breakdown below 42,200

US oil fund had $726 million in unrealised losses before April: Report

The $3 billion exchange-traded product, known as USO, revealed on Tuesday that it had an unrealized loss of $726 million at the end of March

Despite rebound, airline stocks to underperform; investors advised caution

Even as costs are lower, demand weakness likely to keep airlines in the red for most of FY21

In a locked-down world, investment bankers ensuring the show goes on

Billion-dollar deals aplenty for right business

US oil futures continue to tread in negative territory, Brent plunges

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

One rupee: The interim price at which MCX settled April crude oil contract

Brokers urge exchange and Sebi to work out an amicable price, as over 11,000 lots of open interest in the April contract were standing and couldn't be carried forward or squared off yesterday

Boon and bane: 6 ways in which lower oil prices will impact Indian economy

Prices are unlikely to breach the $40-a-barrel, and even when the world has fixed the disease it may double down on kicking its oil habit. Six factors that help and hurt India when oil is in plenty

Global stocks jump on coronavirus slowdown hopes; oil slips on supply fears

Equity investors took solace as the death toll from the coronavirus slowed across major European nations including France and Italy

Railway deal, coronavirus' disruption of global trade to weigh on Concor

While valuations are attractive, disruption will keep volumes muted

Silver lining for OMCs: Low crude oil prices signal structural gains

HPCL may benefit more from improvement in marketing margins

Saudi Aramco plans to sell pipeline stake amid a slump in crude prices

Aramco may need to raise cash this year as it confronts a historic rout in oil prices and a burgeoning list of spending obligations.

Global oil prices fall to 2002 low; petrol, diesel rates unchanged in India

Petrol and diesel prices in India, however, remained on freeze for the 14th day in a row

Using flexibility in fuel pricing

The government control on pricing continues via tax tweaks

India to top up strategic oil reserve with Rs 5,000 cr buy as prices drop

Global crude oil fell about 40% in March (to about $25 a barrel now) so far after talks of production cut between the OPEC and Russia failed.

Here's why your fuel bill hasn't fallen much despite tumbling crude prices

Even if the daily price cut on petrol and diesel remains between 15 and 30 paisa till April 1, the marketing margin will remain high at Rs 8-10 per litre.

Brent crude sinks below $30/bbl as coronavirus hits economic growth

West Texas Intermediate (WTI) crude futures fell $1.75, or 6.1 per cent, to settle at $26.95 a barrel.

Oil slumps below $30 as coronavirus spreads, OPEC rancor remains elevated

The coming flood of supply from Saudi Arabia and other producers could result in the largest surplus of crude in history, said global information provider IHS Markit