Page 84 - Crude Oil Price

Barclays lifts 2021 oil price outlook on tighter US supply view

Barclays cited weaker than expected supply response from US producers to higher prices

Crude oil's fate could be in hands of commodity supercycle

OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle

Oil rises after data shows slump in US output amid Texas freeze

NEW YORK (Reuters) - Oil prices climbed on Wednesday to fresh 13-month highs after U.S. government data showed a drop in crude output after a deep freeze disrupted production last week.

India urges OPEC to stop crude price spike in scratch-my-back diplomacy

IEA projection of rising demand for oil adds to New Delhi's worry

Oil holds near year-long highs as Covid-19 lockdowns seen easing

NEW YORK (Reuters) - Oil prices were steady on Tuesday, trading close to more than year-long highs on signs that global coronavirus restrictions were being eased although concerns about the pace of a U.S. economic recovery and return of Texas oil production kept gains in check.

Oil's new challenge for tax reforms

With the Centre increasing reliance on tax revenue from oil, the inclusion of petrol and diesel under GST can be problematic

Oil prices increase more than $1 as US output slow to restart

Morgan Stanley expects Brent crude prices to climb to $70 per barrel in the third quarter

Oil gains as US production slowly returns after freeze slashed supply

Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after gaining nearly 1% last week. U.S. oil rose 74 cents

Oiling the recovery

Private players struggle against excessive regulation. The result is loss of investment and employment opportunities in India

Sensex gives up 51K amid broad-based sell-off, dips 435 pts; PSBs, auto hit

The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days

Petrol crosses Rs 90-mark for 1st time ever in Delhi, diesel at Rs 80.60

In Bangalore, petrol and diesel prices surged by 32 paise and 35 paise respectively to Rs 93.21 and Rs 85.44

Petrol price at record high of Rs 89.88 in Delhi, diesel crosses Rs 80-mark

Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates

Trading strategies for lead and crude oil by Tradebulls Securities

Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator

Oil settles near 13-month highs; Texas deep freeze supports

NEW YORK (Reuters) - Oil prices settled near 13-month highs on Tuesday, supported by a deep freeze in the U.S. South that shut wells and oil refineries in Texas.

Oil prices close to 13-month highs, supported by Texas cold snap

Benchmark Brent crude slipped 37 cents

Petrol crosses Rs 89-mark to hit record high in Delhi, diesel at Rs 79.70

Petrol prices in Mumbai stood at Rs 95.75 on Tuesday as compared with Rs 95.46 yesterday. One litre of diesel will cost Rs 86.72 in the city

Oil hits 13-months highs on fears of tensions in the Middle East

Oil prices have rallied over recent weeks also as supplies tighten

Petrol price nears Rs 89-a-litre mark in New Delhi, diesel at Rs 79.35

Petrol and diesel prices were hiked by 26 paise and 29 paise per litre each on Monday to touch Rs 88.99 and Rs 79.35 respectively in New Delhi

Petrol crosses Rs 88-mark to hit record high in Delhi, diesel at Rs 78.38

Petrol prices in Mumbai stood at Rs 94.64 on Tuesday as compared with Rs 94.36 yesterday. One litre of diesel will cost Rs 85.32 in the city

Oil prices ease after record rally as OPEC, IEA fret about demand

Brent futures fell 33 cents, or 0.5%, to settle at $61.14 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 44 cents, or 0.8%, to settle at $58.24.