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Page 12 - Crude Oil Price

How to trade Crude oil amid Donald Trump's tariff threat? Strategy here

Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products

How to trade Crude oil amid Donald Trump's tariff threat? Strategy here
Updated On : 04 Feb 2025 | 11:00 AM IST

Oil prices rise as Trump's tariffs on Mexico, Canada, China stoke fears

Gasoline pump prices in the US are certainly expected to rise with the loss of crude for refineries and the loss of imported products, said Mukesh Sahdev at Rystad Energy

Oil prices rise as Trump's tariffs on Mexico, Canada, China stoke fears
Updated On : 03 Feb 2025 | 6:47 PM IST

Oil posts weekly losses as US ready to impose tariffs on Canada, Mexico

Trump will include a process for Canada and Mexico to seek specific exemptions for certain imports, adding that new tariffs would become effective on March 1

Oil posts weekly losses as US ready to impose tariffs on Canada, Mexico
Updated On : 01 Feb 2025 | 6:42 AM IST

India's January Russian crude oil purchases surge despite sanctions

Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier

India's January Russian crude oil purchases surge despite sanctions
Updated On : 01 Feb 2025 | 12:20 AM IST

Oil prices fall as US crude inventories rise, tariff fear continues

Supply concerns eased after Libya's National Oil Corp said on Tuesday export activity was running normally after it held talks with protesters demanding a halt of loadings at one its main oil ports

Oil prices fall as US crude inventories rise, tariff fear continues
Updated On : 29 Jan 2025 | 3:47 PM IST

Oil prices hover near two-week low, weak China data adds to demand concerns

Brent crude oil futures were up by 35 cents, or 0.45 per cent, to $77.43 per barrel by 0930 GMT. US West Texas Intermediate crude futures were up 30 cents, or 0.41 per cent, to $73.47

Oil prices hover near two-week low, weak China data adds to demand concerns
Updated On : 28 Jan 2025 | 4:58 PM IST

Russian oil refining increases as US sanctions disrupt crude exports

Russian refining runs rose by 2 per cent, or by 108,000 barrels, to 754,800 metric tons a day on Jan 15-19 from the first week of the year, according to the sources

Russian oil refining increases as US sanctions disrupt crude exports
Updated On : 27 Jan 2025 | 9:23 PM IST

Oil falls as Donald Trump reiterates call for Opec to reduce prices

Opec and its allies including Russia have yet to react to Trump's call, with Opec+ delegates pointing to a plan already in place to start raising oil output from April

Oil falls as Donald Trump reiterates call for Opec to reduce prices
Updated On : 27 Jan 2025 | 10:52 AM IST

Markets Today: ICICI Bank, Tata Steel Q3; FIIs; Denta Water IPO allotment

In the previous session, the Sensex declined 329.92 points, or 0.43 per cent to 76,190.46. Similarly, the Nifty50 ended the day 113.15 points, or 0.49 per cent, lower at 23,092.20

Markets Today: ICICI Bank, Tata Steel Q3; FIIs; Denta Water IPO allotment
Updated On : 27 Jan 2025 | 7:14 AM IST

Oil, gas prices to stay high for now, hopes for relief ahead: Gail Chairman

Chairman also expected that the Union Budget would give relief on compression charges on CNG and some steps are taken to bring natural gas under the GST coverage

Oil, gas prices to stay high for now, hopes for relief ahead: Gail Chairman
Updated On : 25 Jan 2025 | 9:46 PM IST

Oil prices extend losses amid uncertainty over Trump tariff impact

Brent crude futures dipped 2 cents to $78.98 a barrel by 0941 GMT. US West Texas Intermediate crude (WTI) lost 4 cents to $75.40

Oil prices extend losses amid uncertainty over Trump tariff impact
Updated On : 23 Jan 2025 | 10:23 AM IST

Oil falls as Trump's energy emergency order fuels oversupply concerns

oil market is expected to be oversupplied this year, after weak economic activity and energy transition efforts weighed heavily on demand in top-consuming nations the United States and China

Oil falls as Trump's energy emergency order fuels oversupply concerns
Updated On : 22 Jan 2025 | 7:05 AM IST

Rupee rises 5 paise to 86.55 against dollar on decline in crude prices

The rupee appreciated 5 paise to close at 86.55 (provisional) against the US dollar on Monday, as an overnight decline in crude oil prices and the US dollar index supported investor sentiments. Besides, a positive trend in domestic equities also helped the local currency, Forex traders said the rupee is likely to trade within a volatile range of 86.20-86.80 ahead of key events in the global and domestic economic landscape. At the interbank foreign exchange, the rupee opened on a strong note at 86.48 against the greenback. During the day, the local unit touched an intraday high of 86.46 and a low of 86.57. It finally closed at 86.55 (provisional), a rise of 5 paise against the US dollar. In the previous session on Friday, the rupee settled at 86.60. According to Anuj Choudhary Research Analyst at Mirae Asset Sharekhan, the rupee strengthened against the greenback on the weak tone in the US Dollar index and positive domestic markets. Overnight decline in crude oil prices also supp

Rupee rises 5 paise to 86.55 against dollar on decline in crude prices
Updated On : 20 Jan 2025 | 5:16 PM IST

Weaker rupee to inflate import bill due to crude oil rate surge: GTRI

The weaker rupee will push the country's import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank GTRI said on Friday. Citing an example, it said the depreciating domestic currency will increase India's gold import bill, especially as global gold prices have jumped 31.25 per cent, rising from USD 65,877 per kg in January 2024 to USD 86,464 per kg in January 2025. Since January 16, last year, the Indian Rupee (INR) has weakened by 4.71 per cent against the US dollar, falling from Rs 82.8 to Rs 86.7. In the last ten years, between January 2015 and 2025, the INR has weakened by 41.3 per cent against the US dollar, falling from Rs 61.4 to Rs 86.7, the Global Trade Research Initiative (GTRI) said in its report. In comparison, the Chinese Yuan depreciated by 3.24 per cent, from Yuan 7.10 to Yuan 7.33. "Overall, weaker INR will inflate import bills, raise energy and input prices, leading to

Weaker rupee to inflate import bill due to crude oil rate surge: GTRI
Updated On : 17 Jan 2025 | 4:58 PM IST

Markets Today: Wipro, TechM, RIL, Infy, Axis Bk Q3; FIIs; Capital Infra IPO

At 6:35 AM, GIFT Nifty futures indicated a weaker start for the markets, trading 56 points lower at 23,321.5

Markets Today: Wipro, TechM, RIL, Infy, Axis Bk Q3; FIIs; Capital Infra IPO
Updated On : 17 Jan 2025 | 6:57 AM IST

US sanction clarifications tighten squeeze on India's February oil supplies

Indian refiners have until Feb 27 to wind down transactions with sanctioned Russian tankers, opaque traders, a shadow fleet, and insurers, according to a US govt official

US sanction clarifications tighten squeeze on India's February oil supplies
Updated On : 16 Jan 2025 | 2:24 PM IST

Market Today: GIFT Nifty; RIL, Infy, Axis Bk Q3; Laxmi Dental IPO allotment

At 6:35 AM, GIFT Nifty futures indicated a gap-up opening for the markets, trading 150 points higher at 23,416

Market Today: GIFT Nifty; RIL, Infy, Axis Bk Q3; Laxmi Dental IPO allotment
Updated On : 16 Jan 2025 | 7:35 AM IST

India-Russia term deal talks for crude oil on hold amid sanctions

Refiners looking to strike arrangements with suppliers in next 2 months

India-Russia term deal talks for crude oil on hold amid sanctions
Updated On : 14 Jan 2025 | 11:41 PM IST

Markets Today: WPI, CPI; GIFT Nifty; HCLTech; Quadrant, Capital Infra IPOs

In previous trading session, the Sensex plunged 1,048.90 points, or 1.36 per cent, to close at 76,330.01. Similarly, the Nifty50 dropped 345.55 points, or 1.47 per cent, ending the day at 23,085.95

Markets Today: WPI, CPI; GIFT Nifty; HCLTech; Quadrant, Capital Infra IPOs
Updated On : 14 Jan 2025 | 7:16 AM IST

Markets Today: GIFT Nifty; Dec Inflation; HCLTech Q3; Standard Glass IPO

At 6:32 AM, GIFT Nifty futures indicate a gap-down opening for the markets, trading 160 points lower at 23,341

Markets Today: GIFT Nifty; Dec Inflation; HCLTech Q3; Standard Glass IPO
Updated On : 13 Jan 2025 | 8:13 AM IST