Page 83 - Crude Oil Price

OPEC+ extends most oil output cuts into April, Saudi keeps voluntary curb

OPEC's leader Saudi Arabia said it would extend its voluntary oil output cut of 1 million barrels per day (bpd), and would decide in coming months when to gradually phase it out

GST can make fuel cheaper by up to Rs 20 and Rs 25 per litre: Study

A dollar increase in crude oil prices will push up petrol price by 50 paise and diesel by 150 paise per litre

Government urges OPEC+ to fulfill promise of stable oil prices

Retail petrol and diesel prices have been going through the roof

Oil extends gains on prospect of OPEC+ sticking with supply cuts

The market had been expecting OPEC+ to ease production cuts by around 500,000 barrels per day (bpd) from April

India asks OPEC+ to fulfill promise of price stability: Dharmendra Pradhan

Pradhan said at the CERAWeek conference by IHS Markit that India, where fuel demand is recovering to pre-pandemic levels, would like to rely on reasonable and responsible oil prices

OPEC+ are considering oil output roll over for April: Report

OPEC+ ministers hold a full meeting on Thursday

RIL, banks lift indices for 3rd day; Sensex gains 1,148 pts, ends above 51K

he frontline Nifty50 index made a dash for 15,300-mark in the intra-day trade, and hit a high of 15,273.

Oil rises as US vaccine progress raises demand expectations

Brent crude futures rose 24 cents, or 0.38%, to $62.94 a barrel after four days of losses

Petrol stable at Rs 91.17 in New Delhi, diesel unchanged at Rs 81.47

Yesterday, a report said that the finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record-high domestic prices, quoting three government officials

Oil slips on fears over higher OPEC supply, slower China demand

Brent crude dropped 14 cents or 0.2% to $63.55 a barrel by 1145 GMT, after losing 1.1% the previous day

Oil steady before OPEC+ talks on supply amid economic recovery

OPEC Secretary General Mohammad Barkindo said the outlook for oil demand was looking more positive, particularly in Asia

Oil extends losses on worry over possible supply increase from OPEC

The group meets on Thursday and could discuss allowing as much as 1.5 million barrels per day (bpd) of crude back into the market

Oil rebounds from biggest slump since Nov ahead of a key Opec+ meeting

At 8.48 pm (IST), Brent crude was trading at $64.65 a barrel, up 0.36 per cent

Oil prices jump on Covid-19 vaccine optimism, US stimulus package

The approval of Johnson & Johnson's Covid-19 shot also buoyed the economic outlook

Oil prices climb after progress on huge US stimulus bill, economic optimism

U.S. West Texas Intermediate (WTI) crude CLc1 futures jumped $1.10, or 1.8%, to $62.60 a barrel

Oil prices decline as dollar firms up; gold hits eight-month low

Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45

Oil set for steady gains as economies shake off pandemic blues

Oil demand was seen growing by 5-7 million barrels per day in 2021

Oil drops 1% on US dollar strength, expectations for supply gains

Brent crude futures for April, which expire on Friday, fell 86 cents, or 1.3%, to $66.02 a barrel

Oil prices retreat from 1-year high alongside global market selloff

Futures in New York fell as much as 0.9 per cent on Thursday with US equities weakening amid concerns that markets could soon face accelerating inflation

Fuel prices rising as crude-producing nations raising prices: Pradhan

Pradhan on Thursday said petroleum products in the country are getting costlier due to rising prices of crude by oil-producing nations