Page 24 - Crude Oil Price

Oil prices up on China's monetary policy shift, demand expectations

Chinese crude imports grew annually for the first time in seven months in November, up more than 14 per cent from a year earlier

Markets Today: Vishal Mega, MobiKwik IPOs; US inflation data; Gold rates

In the previous session, the Sensex settled at 81,510.05, up marginally by 1.59 points. In contrast, Nifty settled at 24,610.05, down 8.95 points, or 0.05 per cent

Sharekhan bearish on crude oil due to oversupply; expects prices to dip

Crude prices moved higher Monday on the prospects for additional stimulus measures in China that could revive economic growth and energy demand

Markets Today: Wall St. in red, FIIs, Property Share listing, Gold & Oil up

At 6:35 AM, GIFT Nifty futures were trading 50 points higher at 24,753 levels, hinting at an upbeat start

Markets Today: S&P 500 & Nasdaq at record, FIIs, Property Share IPO listing

In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent

Oil prices slightly up ahead of decision on supply cut in Opec+ meet

Brent crude futures rose 39 cents, or 0.5 per cent, to $72.70 a barrel by 0944 GMT, while US crude futures were at $68.97 a barrel, up 43 cents, or 0.6 per cent

Oil prices climb nearly 1% as traders await outcome of Opec+ meet

Opec+ is likely to extend its latest round of output cuts until the end of the first quarter at its Dec 5 meeting

Sharekhan suggests strategy to trade crude oil ahead of Opec meet on Dec 5

The meeting was originally scheduled for December 1, 2024. A handful of Opec members are set to gradually bring 2.2m b/d of supply back onto the market next year

Markets Today: S&P & Nasdaq at record; Nikkei; Rajputana Biodiesel listing

With limited domestic triggers, investors are expected to focus on stock-specific actions and developments in the primary markets

Cheap Venezuelan oil to India turns costlier as traders eat into margins

Early this year, when sanctions were briefly lifted, state-run Venezuelan oil company PDVSA sold Venezuelan export benchmark Merey grade at a $20 per barrel discount to European benchmark Brent

Govt pins growth hopes on Trump keeping crude prices low: CEA Nageswaran

He added that low crude oil prices would be a very important ingredient for India's growth prospects

Finance ministry weighs removing windfall tax amid falling crude prices

The federal finance ministry will evaluate scrapping windfall tax on domestic crude oil output, Tarun Kapoor, adviser to the Indian prime minister, said last month

Markets Today: Nifty expiry, Rajesh Power IPO allotment, Oil down, Gold up

The Sensex closed at 80,234.08, gaining 230.02 points or 0.29 per cent, while the Nifty50 ended at 24,274.90, up 80.40 points or 0.33 per cent, on November 27

Goldman Sachs sees gold at $3,150 per ounce, oil at $100 a barrel in 2025

Thus far in calendar year 2024 (CY24), Brent crude oil prices hit a low of around $69 a barrel before breaching the $91 a barrel mark in April 2024 as geopolitical concerns rose

Stock Market Close Highlights: Sensex adds 230pts, Nifty atop 24,250; NTPC Green, Adani shares shine

Stock Market Highlights: NTPC Green Energy, which made its debut today, ended higher by 8.74 per cent at Rs 121.25 on the NSE, from its IPO allotment price of Rs 108

OPEC+ production cuts may support oil prices in near term: Goldman Sachs

OPEC+, which includes members of the OPEC and allies such as Russia, is discussing a further delay to a planned oil output hike that was due to start in January

Oil prices rise as investors weigh Opec+ discussions, Trump tariffs

Key Opec+ nations have begun discussions to delay an oil production restart planned for January, potentially for several months

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.

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

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