Business Standard

Oil Futures

Crude Oil prices may decline further, test $80-mark; China demand a concern

Weakness in crude demand in China, the world's second-largest crude consumer, is bearish for oil prices, said analyst at Sharekhan by BNP Paribas.

Crude Oil prices may decline further, test $80-mark; China demand a concern
Updated On : 09 Jul 2024 | 9:45 AM IST

Commodity play book: Sell May Copper futures, Buy June Oil futures

Commodity trading: Copper prices have dropped 7 per cent since Monday's record high, with a significant intraday drop due to profit-taking

Commodity play book: Sell May Copper futures, Buy June Oil futures
Updated On : 24 May 2024 | 8:01 AM IST

Crude oil futures slip as investors watch diplomatic moves in Gaza war

Brent crude futures fell 24 cents, or 0.26%, to $91.92 a barrel, as of 0837 GMT. U.S. West Texas Intermediate crude futures were down 36 cents, or 0.41%, at $87.72 a barrel

Crude oil futures slip as investors watch diplomatic moves in Gaza war
Updated On : 23 Oct 2023 | 3:39 PM IST

BSE to launch options on WTI crude oil, Brent crude oil futures on Oct 9

Leading stock exchange BSE on Friday said it will launch options contracts on underlying WTI crude oil and Brent crude oil futures from October 9. In addition, the exchange will introduce Futures contracts on base metals such as copper, zinc, aluminium. These commodity contracts will provide market participants, particularly corporates, value chain participants and foreign portfolio investors, an efficient way to manage their commodity price risk against volatility, BSE said in a statement. Earlier, the stock exchange introduced Brent crude oil futures contracts in the commodity derivatives segment. Earlier in the day, the National Stock Exchange (NSE) announced that it will launch options contracts on underlying WTI crude oil and natural gas futures in the commodity derivatives segment from October 9. Separately, BSE said that Investor Risk Reduction Access (IRRA) has been made accessible to trading members across exchanges from October 3. The platform will help investors in cas

BSE to launch options on WTI crude oil, Brent crude oil futures on Oct 9
Updated On : 06 Oct 2023 | 10:30 PM IST

Range-bound MCX Crude Oil may test Rs 6,100; Natural Gas in oversold zone

Natural Gas futures have tumbled over 74 per cent their record highs. The commodity is now seen trading below major monthly moving averages after two years.

Range-bound MCX Crude Oil may test Rs 6,100; Natural Gas in oversold zone
Updated On : 02 Feb 2023 | 9:54 AM IST

Oil markets open slightly lower as market weighs mixed supply signals

Oil futures were down slightly Thursday morning, after rising sharply in the first half of the week, as traders weighed a larger-than-expected build in U.S. oil stocks

Oil markets open slightly lower as market weighs mixed supply signals
Updated On : 14 Apr 2022 | 8:58 AM IST

Oil slips as IEA nations ready big release from reserves

Oil futures edged lower on Wednesday following a surprising rise in US crude stocks and after news that large consuming nations would also release oil from reserves in conjunction with US

Oil slips as IEA nations ready big release from reserves
Updated On : 06 Apr 2022 | 10:49 PM IST

Oil price rises in early trading as uncertainty around supply persists

Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns about supply disruptions

Oil price rises in early trading as uncertainty around supply persists
Updated On : 05 Apr 2022 | 8:15 AM IST

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

Back from the Covid abyss: Oil stages remarkable turnaround; back above $50
Updated On : 11 Dec 2020 | 7:31 AM IST

Oil rises, but ends wild week lower as coronavirus slashes fuel demand

Oil futures marked their third straight week of losses, with Brent ending down 24 per cent and WTI off around 7 per cent.

Oil rises, but ends wild week lower as coronavirus slashes fuel demand
Updated On : 25 Apr 2020 | 11:22 AM IST

Market Ahead, April 22: Top Factors That Could Guide Markets Today

The Mukesh Ambani-led conglomerate today announced that it has signed binding agreements for an investment of Rs 43,574 crore by Facebook into Jio Platforms

Market Ahead, April 22: Top Factors That Could Guide Markets Today
Updated On : 22 Apr 2020 | 8:13 AM IST

Oil futures skid to 12-year low as Russia-OPEC fail to reach deal in Vienna

The potential collapse of the group led by Saudi Arabia and Russia is the latest blow to a market that was already dragged down by fears over the economic damage from the spread of the coronavirus

Oil futures skid to 12-year low as Russia-OPEC fail to reach deal in Vienna
Updated On : 07 Mar 2020 | 10:46 PM IST

Oil futures, crude prices gain with US stocks after coronavirus scare

On Monday, both contracts dropped to their lowest since October, on track for their biggest monthly declines since May.

Oil futures, crude prices gain with US stocks after coronavirus scare
Updated On : 28 Jan 2020 | 11:56 PM IST

Oil prices fall 2% as US-China trade war concerns hit demand outlook

Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold

Oil prices fall 2% as US-China trade war concerns hit demand outlook
Updated On : 06 Aug 2019 | 8:50 AM IST

Oil jumps to two-week high as demand continues to drain stockpiles

Futures rose as much as 1.3 per cent after the Energy Information Administration reported American crude inventories fell by 8.5 million barrels last week

Oil jumps to two-week high as demand continues to drain stockpiles
Updated On : 01 Aug 2019 | 2:41 AM IST

Oil futures falls by most in a week since January on OPEC tensions

Traders also noted a surge in US crude inventories last week and muted demand continued to weigh on futures

Oil futures falls by most in a week since January on OPEC tensions
Updated On : 07 Nov 2016 | 1:20 AM IST

Entire oil futures curve moves above $50 as financial confidence in crude rises

Despite the increasing confidence by financial oil traders in higher prices, the physical market remains relatively weak

Entire oil futures curve moves above $50 as financial confidence in crude rises
Updated On : 07 Oct 2016 | 9:42 AM IST