Page 10 - Crude Oil Price

Opec+ likely to proceed with planned May oil output hike amid steady prices

Opec+ is a group that includes Opec and allied producers led by Russia, and pumps over 40 per cent of the world's oil. The group is scheduled to raise output by 135,000 barrels per day in May

Oil prices rise after US sanctions on Iran, escalated tensions in West Asia

The US on Thursday issued new Iran-related sanctions, targeting one individual and several entities including a Chinese "teapot" oil refinery for purchasing and processing Iranian crude oil

Crude oil may bounce to $72 in short-term; long-term view bearish: Analyst

Oil prices have recorded seven straight weekly declines since Donald Trump took office on January 20

Oil prices slip as Putin agrees to 30-day halt on energy facility strikes

Russian President Vladimir Putin agreed on Tuesday to stop attacking Ukrainian energy facilities but stopped short of endorsing a full 30-day ceasefire that Trump hoped for

Oil prices hold near 2-week high amid West Asia risks, China stimulus

Oil prices have gained support from Trump's vow to continue the US assault on Yemen's Houthis unless they end their attacks on ships in the Red Sea

Markets Today: GIFT Nifty; Feb WPI; Wall St.; Gold; Paradeep, Divine IPOs

At 7:00 AM, GIFT Nifty Futures were up 126 points at 22,570, suggesting a gap-up start.

Escalating trade war threatens oil demand as Opec+ boosts supply, says IEA

Oil is trading near $71 a barrel in London after sinking to the lowest since 2021 last week, following Opec+'s decision to gradually restart halted production from April

Oil up on weak dollar; US economic slowdown, tariff concerns cap gains

US President Donald Trump's economic policies so far have centered on a blitz of tariff announcements. Some have taken effect and others have been delayed or are set to kick in later

Oil prices edge higher, but recession fears and tariffs limit gains

Oil prices, however, pared back some gains after Trump said he had instructed his commerce secretary to add an additional 25 per cent tariff on all steel and aluminum imports from Canada

Markets Today: GIFT Nifty; Wall St bleeds; Japan GDP; IndusInd Bk; NAPS IPO

FIIs net sold shares worth Rs 485.41 crore, while DIIs net bought shares worth Rs 263.51 crore, on March 10

Oil prices steady as tariff concerns, OPEC+ output weigh on market

Last week marked WTI's seventh consecutive weekly loss, the longest losing streak since November 2023, while Brent fell for a third consecutive week

Markets Today: Sensex P/E below Dow's; FIIs; China CPI; PDP Shipping IPO

In the previous session (March 7), Sensex settled at 74,332.58, down 7.51 points or 0.01 per cent. Nifty50, on the other hand, settled 7.80 points or 0.03 per cent higher at 22,552.50

Markets Today: Trump on mkts; FII; Nasdaq; Nikkei; Balaji, NAPS Global IPOs

Stock Market Today: As of 6:33 AM, GIFT Nifty Futures were down 75 points at 22,545, hinting at a negative start.

Markets Today: Trump tariff concessions; RBI; FIIs; NAPS Global IPO Day 3

In the previous session, equity markets logged their biggest single-day gain in a month, aiding Nifty50 to end its record 10-day losing streak. The Nifty settled at 22,337.30, up 254.65 pts or 1.15%

Crude drops for 3rd day on Opec+ plans to increase output, Trump tariffs

Brent futures fell 45 cents, or 0.63 per cent, to $70.59 a barrel at 0953 GMT. US West Texas Intermediate (WTI) crude declined 74 cents, or 1.08 per cent, to $67.52 a barrel

Markets Today: February Services PMI; Trump tariffs; FIIs; Shreenath IPO

Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.

Oil prices fall 2% to two-month low on worries about Trump tariffs

Brent futures fell $1.61, or 2.25 per cent, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.60, or 2.3 per cent, to $69.10

Markets Today: Trump tariffs; FIIs; Gold; Swasth Foodtech, HP Telecom IPOs

US President Donald Trump, on Monday, confirmed that tariffs on imports from Canada and Mexico will proceed as planned once the monthlong delay ends next week

Oil prices steady as traders await progress on push for Ukraine peace deal

Brent futures were up 13 cents, or 0.2 per cent, at $74.56 barrel by 1103 GMT while US West Texas Intermediate crude futures added 11 cents, or 0.2 per cent, to $70.51

Market Today: GIFT Nifty, Nifty rebalancing, FII, Nasdaq, Quality Power IPO

At 7:06 AM, GIFT Nifty Futures were trading 139 points lower at 22,684, hinting at a gap-down start for the bourses