Page 29 - Brent Crude

Crude oil edges above $0 per barrel, recovers after record wipeout

US crude oil futures collapsed below $0 on Monday, for the first time in history, ending the day at a stunning minus $37.63 a barrel amid coronavirus-induced supply glut

Covid-19: Oil crashes into negative territory for the first time in history

The May US WTI contract fell $55.9, or 306 per cent, to settle at a discount of $37.63 a barrel after touching an all-time low of -$40.32 a barrel

Market Ahead, April 20: Top factors that could guide markets this week

Today, IT giant Infosys is scheduled to come out with its Q4 numbers and analysts are penciling in a 1 per cent QoQ hit in its revenue growth in constant currency terms for the quarter

Market Ahead, April 17: Top Factors That Could Guide Markets Today

RBI Governor Shaktikanta Das' media address at 10 am will remain a big focus today for investors who will also digest reports of an imminent second stimulus package

Market Ahead, April 15: All You Need To Know Before The Opening Bell

Wipro is slated to announce its Q4 numbers later in the day and most brokerages expect the company's revenue growth to come in at the lower end of the guided range of 0-2 per cent

Market Ahead, April 13: Top factors that could guide markets this week

HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent

Market Ahead, April 8: All You Need To Know Before The Opening Bell

Icra Ratings yesterday sharply cut India's GDP forecast amid the Covid-19 crisis. The rating agency now expects the economy to grow at just 2 per cent in the current fiscal

Market Ahead, April 7: Top Factors That Could Guide Markets Today

Investors will also react to Markit Services PMI data for March which was released yesterday, and, according to the monthly survey, India's services sector contracted in March to 49.3

Crude jumps 26% on MCX, bullion gains on hope of end to Saudi-Russia rift

The two nations are meeting next week to work out a possible output cut

Market Ahead, April 3: All You Need To Know Before The Opening Bell

Reliance Industries will be in focus today after the oil to telecom conglomerate yesterday said the company's board has approved a proposal to raise Rs 25,000 crore through non convertible debentures

Market Ahead, March 31: All You Need To Know Before The Opening Bell

According to analysts, the extreme volatility seen in the Indian equity markets is unlikely to change anytime soon and traders should minimise the risk by opting for hedged options strategies

Brent tumbles to lowest since 2002, US crude dips below $20 per barrel

With Saudi Arabia and Russia set to flood the market with oil next month, producers and shippers have been scrambling to lock oil up in storage as demand falls.

Market Ahead, March 30: Top Factors That Could Guide Markets This Week

In terms of macro data, PMI data for the manufacturing sector is scheduled to be released on Thursday

Market Ahead, March 27: Top factors that could guide markets today

Crisil yesterday sharply cut its India growth estimate for 2020-21 to 3.5 per cent citing the severe dent in the economic activity due to the coronavirus pandemic

Market Ahead, March 26: All You Need To Know Before The Opening Bell

According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown

Market Ahead, March 25: Top factors that could guide markets today

The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic

Market Ahead, March 23: Top factors that could guide markets this week

The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops

Market Ahead, March 23: Top factors that could guide markets this week

The Reserve Bank of India has announced that it will conduct open market operations for Rs 30,000 crore in two tranches. However, any real relief for investors will come only after negative news stops

Market Ahead, March 20: Top factors that could guide markets today

The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday

Oil plunges to 18-year low as coronavirus lockdowns trigger market meltdown

The decline in the US market in the last 10 days is the largest ever for the contract since it was introduced in 1983