Page 3 - Crude Oil Price

Oil prices trade in tight range ahead of US Presidential poll result

Brent crude futures ticked up 16 cents, or 0.2 per cent, to $75.24 a barrel by 0841 GMT, while US West Texas Intermediate crude was at $71.65 a barrel, up 18 cents, or 0.3 per cent

Oil strategy, Nov 5: How to trade crude oil as Opec+ delays production hike

Crude oil price today: Sharekhan remains confident of oil prices heading lower towards $65 in Q1-2025, while in short term, prices could see WTI prices trading in broader range of $75-$66

Late season storm could disrupt 4 mn barrels of US oil output: Researchers

Raphael, the 17th named storm of the Atlantic hurricane season, is on a track would take it through areas of the Gulf that are heavy with oil and gas platforms

How one of the tiniest oil markets cost Trafigura Group over $1 bn

This week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees

Oil prices rise on reports of Opec+ delaying plans to boost output

Brent crude futures gained $1.41, or 2 per cent, to $72.53 a barrel by 1236 GMT. US West Texas Intermediate crude futures edged up $1.34, or 2 per cent, to $68.55 per barrel

GDP growth, inflation among key triggers that may drive mkts in Samvat 2081

While GDP growth may have moderated in Q2FY25, inflation might not weigh so heavily on markets in Samvat 2081 say analysts. Here are some key insights on what may drive markets going forward

Union Minister Puri assures no crude oil shortage, ample refining capacity

Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Tuesday said there is no shortage of crude oil in the world and enough refining capacity in the country to meet the domestic requirements. Referring to geopolitical tensions in the Middle East, the minister said it was his personal assessment that things will calm down, noting that it is in everybody's interest not to allow exaggeration to take place because everyone suffers. "There is no shortage of crude oil in the world," said Puri while replying to a question on the sidelines of an event regarding 'Rozgar Mela' here. "Prior to all these developments, the total amount of crude, which was produced in the world, was close to 105 million barrels a day. OPEC+, a group of producing countries, voluntarily cut about 5 million barrels (a day). "If you talk to them, they will say they do not deal with prices but if you limit the quantity which comes into the market, then you are obviously affecting prices. It came down to 97

Crude oil strategy today, Oct 29: Short the rally; WTI resistance at $70

Oil price today: Crude oil prices tumbled 6 per cent on Monday, with Brent settling under $72 and WTI at $67.38

FII outflow, war tensions: 5 risks for Indian stock markets in Samvat 2081

As we enter Samvat 2081, here are 5 risks to know to before investing in Indian stock markets

Oil prices slide 5% after limited Israeli retaliatory attack on Iran

Brent futures were down $4.13, or 5.43 per cent, at $71.92 a barrel at 1445 GMT, while WTI US crude futures lost $4.04, or 5.63 per cent, to $67.74

Crude oil to remain volatile in Samvat 2081 amid OPEC+ production cuts

Brent crude oil prices saw a considerable decline from the beginning of Samvat 2080 (November 12) until October 28, dropping by 12.33 per cent from $82.52 to $72.34 per barre

Oil prices rise 1% as tensions in West Asia heighten supply concerns

Oil prices have gained about 4 per cent this week after shedding more than 7 per cent last week on concerns of oversupply and weak demand and a perceived calming of Middle East tensions

Finance Ministry to consider scrapping windfall tax on crude: Govt official

The imposition of windfall tax on crude oil was introduced in 2022 to address excessive profits during high prices

Oil prices show how numb traders are to US sanctions on Iran, Russia

The decline was largely driven by indications that Israel is going to avoid attacking Iran's oil infrastructure - one of the market's big concerns

Crude oil steadies, but on track for biggest weekly loss in over a month

Brent crude futures gained 23 cents, or 0.3 per cent, to $74.68 a barrel by 0840 GMT, while US West Texas Intermediate crude was at $70.96 a barrel, up 29 cents, or 0.4 per cent

Crude Oil: Here's your trading strategy for October 17; target price & more

Crude oil prices have been steadier on Thursday around $70.50/b in Asian hours, ahead of the weekly EIA inventory release from the US.

Market Today: Infy, Axis Bank Q2 results; Dow at record; Hyundai India IPO

At 6:30 AM, GIFT Nifty Futures were trading about 14 points higher at 25,069, suggesting a flat to positive start for Indian markets.

Share Market Today: Bajaj Auto Q2 nos, Oil falls, Hyundai Motor IPO Day 2

At 6:30 AM, GIFT Nifty Futures were trading about 49 points lower at 25,069, suggesting a negative start for Indian markets.

Market Today: RIL, HCL Q2, Hyundai Motor IPO, Garuda Construction listing

At 6:33 AM, GIFT Nifty Futures were trading 30 points higher at 25,251, suggesting a higher start for Indian markets.

Inflation horse brought to the stable, has to be kept on a tight leash: RBI

While the September inflation print may see a significant pick-up as base effects turn adverse and food prices register an upturn, food inflation, the RBI said, is expected to ease by Q4:2024-25