Page 2 - Crude Oil Price

Markets Today: Nifty expiry, Rajesh Power IPO allotment, Oil down, Gold up

The Sensex closed at 80,234.08, gaining 230.02 points or 0.29 per cent, while the Nifty50 ended at 24,274.90, up 80.40 points or 0.33 per cent, on November 27

Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

Thus far in calendar year 2024 (CY24), Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical concerns rose

Stock Market Close Highlights: Sensex adds 230pts, Nifty atop 24,250; NTPC Green, Adani shares shine

Stock Market Highlights: NTPC Green Energy, which made its debut today, ended higher by 8.74 per cent at Rs 121.25 on the NSE, from its IPO allotment price of Rs 108

OPEC+ production cuts may support oil prices in near term: Goldman Sachs

OPEC+, which includes members of the OPEC and allies such as Russia, is discussing a further delay to a planned oil output hike that was due to start in January

Oil prices rise as investors weigh Opec+ discussions, Trump tariffs

Key Opec+ nations have begun discussions to delay an oil production restart planned for January, potentially for several months

Stock Market Highlights: Sensex holds 80k, ends 100 pts down; Ratings downgrade jolt Adani shares

Stock Market Close Highlights: The NSE Nifty 50 index slipped below 24,200; Small-cap stocks outperformed the broader market, with the Nifty Smallcap100 closing 0.8 per cent higher on Tuesday.

Markets Today: FIIs; Enviro Infra IPO; Dow, S&P at record; Oil & Gold slide

At 6:55 AM, GIFT Nifty futures were down 13.5 points, trading at 24,260, indicating a flat to negative start for the markets

Market Today: GIFT Nifty, Maharashtra election, Enviro Infra IPO, Dow Jones

At 6:54 AM, GIFT Nifty futures were trading 395 points higher at 24,281.5, indicating a gap-up start for the bourses

Goldman Sachs expects oil prices to remain around $80/bbl in 2024

Oil prices rose on Friday, with Brent futures reaching $74.37 after Russia announced it had fired a ballistic missile at Ukraine and warned of a potential widening conflict

Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee

In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90

Explained: Why crude oil companies are walking back from green energy

Investors are rewarding oil giants that did not embrace wind and solar

How to trade Brent crude oil today; Mohammed Imran of Sharekhan decodes

As North Korea may deploy as many as 100,000 troops to aid Russia's war on Ukraine, increasing the likelihood of North Korea becoming more directly involved in the conflict

Rupee gains 8 paise to 84.38 against US dollar amid crude price support

The rupee recovered from its lowest level and appreciated by 8 paise to 84.38 against the US dollar in early trade on Monday despite a stronger American currency and sustained outflow of foreign funds. Lower level of crude oil prices in the international market supported the recovery of local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 84.42 and strengthened further to 84.38 against the greenback, trading 8 paise higher from its previous close. On Thursday, the rupee fell 7 paise to settle at its all-time low of 84.46 against the US dollar. Forex markets were closed on Friday on account of Guru Nanak Jayanti. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.06 per cent at 106.68. Brent crude, the global oil benchmark, rose 0.51 per cent to USD 71.40 per barrel in futures trade. Analysts said that India's inflation surge is putting additional pressure on the currency.

Oil prices flat after decline on strong dollar, slow demand concerns

Brent crude futures were down 3 cents to $72.25 a barrel at 0937 GMT. US West Texas Intermediate crude futures were down 7 cents to $68.36

India's Apr-Oct finished steel imports at seven-year high: Govt data

India's steel ministry favours a safeguard duty or a temporary tax to curb rising steel imports, a senior government official

Confident of reaching $100 bn trade volume with Russia before 2030: EAM

India is confident of achieving USD 100 billion in annual bilateral trade with Russia well ahead of the timeline of 2030 and a more substantive relationship between the two nations has a larger global resonance, External Affairs Minister S Jaishankar said on Tuesday. There have been challenges to trade, especially with regard to payments and logistics and perceptible progress has been made in that regard, but there is still some work to be done, he said. The external affairs minister was speaking at the 25th India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). The Russian delegation at the meeting was led by First Deputy Prime Minister Denis Manturov. In his televised opening remarks at the 25th session of the (IRIGC-TEC), Jaishankar said the trade between the two countries needs to be "more balanced and that would require addressing current constraints and undertaking greater facilitative efforts." "As two m

Opec cuts forecast for 2024 oil demand growth, lowers projection for 2025

The Organization of the Petroleum Exporting Countries in a monthly report said world oil demand will rise by 1.82 million barrels per day in 2024, down from 1.93 million bpd it expected last month

Oil prices fell on Chinese stimulus disappointment, supply outlook

Brent crude futures settled at $71.83 a barrel, down $2.04 or 2.76 per cent . US West Texas Intermediate crude futures finished at $68.04 a barrel, down $2.34, or 3.32 per cent

Oil prices steady as US storm threat abates, China stimulus disappoints

Brent crude futures fell 9 cents, or 0.1 per cent to $73.78 a barrel by 0916 GMT while US West Texas Intermediate crude futures were at $70.23 a barrel

Crude benefits, climate woes may be in store as Trump takes hot seat

COP29 may be impacted, where it is feared there will be no representation from leading nations