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Page 15 - Crude Oil Price

Stock Market Highlights: Sensex holds 80k, ends 100 pts down; Ratings downgrade jolt Adani shares

Stock Market Close Highlights: The NSE Nifty 50 index slipped below 24,200; Small-cap stocks outperformed the broader market, with the Nifty Smallcap100 closing 0.8 per cent higher on Tuesday.

Stock Market Highlights: Sensex holds 80k, ends 100 pts down; Ratings downgrade jolt Adani shares
Updated On : 26 Nov 2024 | 4:16 PM IST

Markets Today: FIIs; Enviro Infra IPO; Dow, S&P at record; Oil & Gold slide

At 6:55 AM, GIFT Nifty futures were down 13.5 points, trading at 24,260, indicating a flat to negative start for the markets

Markets Today: FIIs; Enviro Infra IPO; Dow, S&P at record; Oil & Gold slide
Updated On : 26 Nov 2024 | 7:22 AM IST

Market Today: GIFT Nifty, Maharashtra election, Enviro Infra IPO, Dow Jones

At 6:54 AM, GIFT Nifty futures were trading 395 points higher at 24,281.5, indicating a gap-up start for the bourses

Market Today: GIFT Nifty, Maharashtra election, Enviro Infra IPO, Dow Jones
Updated On : 25 Nov 2024 | 8:00 AM IST

Goldman Sachs expects oil prices to remain around $80/bbl in 2024

Oil prices rose on Friday, with Brent futures reaching $74.37 after Russia announced it had fired a ballistic missile at Ukraine and warned of a potential widening conflict

Goldman Sachs expects oil prices to remain around $80/bbl in 2024
Updated On : 22 Nov 2024 | 12:07 PM IST

Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee

In the previous session, the Sensex fell 0.54 per cent to close at 77,156.80, while the Nifty declined 0.72 per cent to settle at 23,349.90

Market Today: GIFT Nifty; Adani stocks; Zinka, NTPC Green IPO; PMI, Rupee
Updated On : 22 Nov 2024 | 7:21 AM IST

Explained: Why crude oil companies are walking back from green energy

Investors are rewarding oil giants that did not embrace wind and solar

Explained: Why crude oil companies are walking back from green energy
Updated On : 19 Nov 2024 | 10:11 PM IST

How to trade Brent crude oil today; Mohammed Imran of Sharekhan decodes

As North Korea may deploy as many as 100,000 troops to aid Russia's war on Ukraine, increasing the likelihood of North Korea becoming more directly involved in the conflict

How to trade Brent crude oil today; Mohammed Imran of Sharekhan decodes
Updated On : 19 Nov 2024 | 1:38 PM IST

Rupee gains 8 paise to 84.38 against US dollar amid crude price support

The rupee recovered from its lowest level and appreciated by 8 paise to 84.38 against the US dollar in early trade on Monday despite a stronger American currency and sustained outflow of foreign funds. Lower level of crude oil prices in the international market supported the recovery of local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 84.42 and strengthened further to 84.38 against the greenback, trading 8 paise higher from its previous close. On Thursday, the rupee fell 7 paise to settle at its all-time low of 84.46 against the US dollar. Forex markets were closed on Friday on account of Guru Nanak Jayanti. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.06 per cent at 106.68. Brent crude, the global oil benchmark, rose 0.51 per cent to USD 71.40 per barrel in futures trade. Analysts said that India's inflation surge is putting additional pressure on the currency.

Rupee gains 8 paise to 84.38 against US dollar amid crude price support
Updated On : 18 Nov 2024 | 10:40 AM IST

Oil prices flat after decline on strong dollar, slow demand concerns

Brent crude futures were down 3 cents to $72.25 a barrel at 0937 GMT. US West Texas Intermediate crude futures were down 7 cents to $68.36

Oil prices flat after decline on strong dollar, slow demand concerns
Updated On : 14 Nov 2024 | 4:34 PM IST

India's Apr-Oct finished steel imports at seven-year high: Govt data

India's steel ministry favours a safeguard duty or a temporary tax to curb rising steel imports, a senior government official

India's Apr-Oct finished steel imports at seven-year high: Govt data
Updated On : 13 Nov 2024 | 3:13 PM IST

Confident of reaching $100 bn trade volume with Russia before 2030: EAM

India is confident of achieving USD 100 billion in annual bilateral trade with Russia well ahead of the timeline of 2030 and a more substantive relationship between the two nations has a larger global resonance, External Affairs Minister S Jaishankar said on Tuesday. There have been challenges to trade, especially with regard to payments and logistics and perceptible progress has been made in that regard, but there is still some work to be done, he said. The external affairs minister was speaking at the 25th India-Russia Intergovernmental Commission on Trade, Economic, Scientific, Technological and Cultural Cooperation (IRIGC-TEC). The Russian delegation at the meeting was led by First Deputy Prime Minister Denis Manturov. In his televised opening remarks at the 25th session of the (IRIGC-TEC), Jaishankar said the trade between the two countries needs to be "more balanced and that would require addressing current constraints and undertaking greater facilitative efforts." "As two m

Confident of reaching $100 bn trade volume with Russia before 2030: EAM
Updated On : 12 Nov 2024 | 11:37 PM IST

Opec cuts forecast for 2024 oil demand growth, lowers projection for 2025

The Organization of the Petroleum Exporting Countries in a monthly report said world oil demand will rise by 1.82 million barrels per day in 2024, down from 1.93 million bpd it expected last month

Opec cuts forecast for 2024 oil demand growth, lowers projection for 2025
Updated On : 12 Nov 2024 | 5:24 PM IST

Oil prices fell on Chinese stimulus disappointment, supply outlook

Brent crude futures settled at $71.83 a barrel, down $2.04 or 2.76 per cent . US West Texas Intermediate crude futures finished at $68.04 a barrel, down $2.34, or 3.32 per cent

Oil prices fell on Chinese stimulus disappointment, supply outlook
Updated On : 12 Nov 2024 | 6:47 AM IST

Oil prices steady as US storm threat abates, China stimulus disappoints

Brent crude futures fell 9 cents, or 0.1 per cent to $73.78 a barrel by 0916 GMT while US West Texas Intermediate crude futures were at $70.23 a barrel

Oil prices steady as US storm threat abates, China stimulus disappoints
Updated On : 11 Nov 2024 | 4:43 PM IST

Crude benefits, climate woes may be in store as Trump takes hot seat

COP29 may be impacted, where it is feared there will be no representation from leading nations

Crude benefits, climate woes may be in store as Trump takes hot seat
Updated On : 07 Nov 2024 | 11:54 PM IST

Oil prices trade in tight range ahead of US Presidential poll result

Brent crude futures ticked up 16 cents, or 0.2 per cent, to $75.24 a barrel by 0841 GMT, while US West Texas Intermediate crude was at $71.65 a barrel, up 18 cents, or 0.3 per cent

Oil prices trade in tight range ahead of US Presidential poll result
Updated On : 05 Nov 2024 | 3:33 PM IST

Oil strategy, Nov 5: How to trade crude oil as Opec+ delays production hike

Crude oil price today: Sharekhan remains confident of oil prices heading lower towards $65 in Q1-2025, while in short term, prices could see WTI prices trading in broader range of $75-$66

Oil strategy, Nov 5: How to trade crude oil as Opec+ delays production hike
Updated On : 05 Nov 2024 | 11:51 AM IST

Late season storm could disrupt 4 mn barrels of US oil output: Researchers

Raphael, the 17th named storm of the Atlantic hurricane season, is on a track would take it through areas of the Gulf that are heavy with oil and gas platforms

Late season storm could disrupt 4 mn barrels of US oil output: Researchers
Updated On : 05 Nov 2024 | 10:53 AM IST

How one of the tiniest oil markets cost Trafigura Group over $1 bn

This week, the company admitted it faces a loss in Mongolia of up to $1.1 billion, linked in part to suspected fraud by its own employees

How one of the tiniest oil markets cost Trafigura Group over $1 bn
Updated On : 03 Nov 2024 | 10:21 AM IST

Oil prices rise on reports of Opec+ delaying plans to boost output

Brent crude futures gained $1.41, or 2 per cent, to $72.53 a barrel by 1236 GMT. US West Texas Intermediate crude futures edged up $1.34, or 2 per cent, to $68.55 per barrel

Oil prices rise on reports of Opec+ delaying plans to boost output
Updated On : 30 Oct 2024 | 6:56 PM IST