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Tuesday, December 24, 2024 | 07:36 PM ISTEN Hindi

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Page 9 - Crude Oil Price

Pre-market: Nifty key levels; Stocks to react to Q4 nos, IIP data on May 13

All you need to know before the market opens on Monday, May 13: Gift Nifty hints gap-down open; India's IIP growth rate slows; Jindal Steel, DLF, UPL and Zomato Q4 results today.

Pre-market: Nifty key levels; Stocks to react to Q4 nos, IIP data on May 13
Updated On : 13 May 2024 | 7:02 AM IST

Crude oil, Natural gas, Copper: Check key trading strategy, target price

Crude oil prices rose by 0.5 per cent to $78.48 on Monday amid volatility tied to hopes for an end to the Gaza conflict.

Crude oil, Natural gas, Copper: Check key trading strategy, target price
Updated On : 08 May 2024 | 7:43 AM IST

Iraq closes gap with Russian oil in FY24 as Moscow's discounts shrink

Tightening of US sanctions on Russian shipping coupled with reduced availability of Russian oil due to its participation in the OPEC+ grouping's production cuts has hurt discounts to Indian refiners

Iraq closes gap with Russian oil in FY24 as Moscow's discounts shrink
Updated On : 07 May 2024 | 11:23 PM IST

Market expects crude oil prices to recover; adopt buy-on-dip strategy

OPEC is expected to keep the supply tight to maintain the price stability at a time when demand is seen weakening

Market expects crude oil prices to recover; adopt buy-on-dip strategy
Updated On : 07 May 2024 | 8:10 AM IST

Nifty pre-market news: All you need to know before stocks open on May 7

Indian stock market update on Tuesday, May 07: Global cues, Gift Nifty hint at gap-up start; Q4 earnings, FII flows in focus.

Nifty pre-market news: All you need to know before stocks open on May 7
Updated On : 07 May 2024 | 8:07 AM IST

Slipping profits in Q4FY24 due to inventory loss, says Indian Oil

IOCL said crude throughput for Q4 reached record levels of 73,308 MMT in FY24

Slipping profits in Q4FY24 due to inventory loss, says Indian Oil
Updated On : 03 May 2024 | 11:18 PM IST

Shortage of heavy oil spells higher cost for shippers, road builders

Prolonged OPEC supply cuts and international sanctions on Venezuela, Iran and Russia had already led to shortages of heavier crude

Shortage of heavy oil spells higher cost for shippers, road builders
Updated On : 03 May 2024 | 12:00 PM IST

HPCL, BPCL, IOC stocks rally up to 4% as oil dips on ME ceasefire hopes

According to reports, Egypt has revived stalled negotiations between the Israel-Hamas for a ceasefire agreement, thereby pushing crude oil prices lower.

HPCL, BPCL, IOC stocks rally up to 4% as oil dips on ME ceasefire hopes
Updated On : 02 May 2024 | 11:06 AM IST

Oil prices decline for third day as US crude production, inventories swell

US crude oil inventories swelled last week by 4.906 million barrels, while gasoline and distillate stockpiles fell, according to market sources citing American Petroleum Institute figures on Tuesday

Oil prices decline for third day as US crude production, inventories swell
Updated On : 01 May 2024 | 9:13 AM IST

India's oil import bill could swell to $101-104 billion in FY25: ICRA

India's net oil import bill could widen to USD 101-104 billion in current fiscal from USD 96.1 billion in 2023-24 and any escalation in the Iran-Israel conflict could impart an upward pressure on the value of imports, ICRA said on Tuesday. The domestic rating agency said based on its analysis, lower value of Russian oil imports is estimated to have led to savings of USD 7.9 billion in 11 months (April-February) of 2023-24, up from USD 5.1 billion in 2022-23. "With India's oil import dependency expected to remain high, if the discounts on purchases of Russian crude persist at the prevailing low levels, ICRA expects India's net oil import bill to widen to USD 101-104 billion in FY2025 from USD 96.1 billion in FY2024, assuming an average crude oil price of USD 85/bbl in the fiscal," ICRA said. Additionally, any escalation in the IranIsrael conflict and an associated rise in crude oil prices could impart an upward pressure on the value of net oil imports in the current fiscal year, it .

India's oil import bill could swell to $101-104 billion in FY25: ICRA
Updated On : 30 Apr 2024 | 2:02 PM IST

Despite wars in Europe and West Asia, oil shock fears yet to materialise

The peak that Indian crude oil basket has touched since Russia invaded Ukraine in Feb 2022 was in June of the same year pricing at $116.01 a barrel. It has not crossed $100 a barrel after July 2022

Despite wars in Europe and West Asia, oil shock fears yet to materialise
Updated On : 29 Apr 2024 | 11:16 PM IST

India receives oil cargo in Russian SCF tanker after brief halt: Reports

India is the largest consumer of Russian seaborne oil, sold at a discount after Western nations shunned purchases from Moscow for its invasion of Ukraine

India receives oil cargo in Russian SCF tanker after brief halt: Reports
Updated On : 27 Apr 2024 | 8:11 PM IST

Why wealthiest Gulf powers like UAE are snapping up prime property in Egypt

In the short term, the UAE's goal was to shore up the economy of a country seen as too big to fail

Why wealthiest Gulf powers like UAE are snapping up prime property in Egypt
Updated On : 27 Apr 2024 | 9:59 AM IST

March crude oil imports decline 1.1% to 20.69 million tonnes: Govt

Product imports in March fell 6.1% from the previous month to 3.83 million tonnes, its lowest since July 2023, while exports gained 6.4%

March crude oil imports decline 1.1% to 20.69 million tonnes: Govt
Updated On : 27 Apr 2024 | 7:31 AM IST

Markets wrong in hoping worst of geopolitical crisis is over: Chris Wood

In its recent GREED & fear note Wood said, in the base case, it expects the Russia-Ukraine conflict to continue in the months leading US presidential election in November.

Markets wrong in hoping worst of geopolitical crisis is over: Chris Wood
Updated On : 26 Apr 2024 | 10:56 PM IST

Top investing strategies from UBS if Iran-Israel geopolitical woes flare

Instead of exiting stocks in case Middle-East crisis flares up, analysts at UBS suggest investors look for alternative strategies to improve the resilience of portfolios and be positioned for rebounds

Top investing strategies from UBS if Iran-Israel geopolitical woes flare
Updated On : 22 Apr 2024 | 5:09 PM IST

Indian refiners may need a rethink amid shrinking Russian crude discounts

Even after reduction, discounts on Russian crude oil may be contributing $1.5 to $2.5 a barrel to refiners' gross refining margins

Indian refiners may need a rethink amid shrinking Russian crude discounts
Updated On : 22 Apr 2024 | 1:26 PM IST

Looming oil risk

Volatility in crude oil markets threatens macro stability

Looming oil risk
Updated On : 22 Apr 2024 | 12:22 AM IST

Oil prices jump slightly as Iran plays down reported Israeli attack

Iran is the third largest oil producer in the Organization of the Petroleum Exporting Countries (Opec)

Oil prices jump slightly as Iran plays down reported Israeli attack
Updated On : 20 Apr 2024 | 6:44 AM IST

Russia squeezes Mideast, OPEC shares in India's oil mkt to historic lows

Russia is an ally of the Organization of Petroleum Exporting Countries (OPEC) but it has eaten into the share of India's crude diet from key OPEC producers in the Middle East

Russia squeezes Mideast, OPEC shares in India's oil mkt to historic lows
Updated On : 19 Apr 2024 | 12:21 PM IST