Page 57 - Crude Oil

OMCs, RIL better placed; oil producers stare at losses as crude plunges

Reliance Industries' higher cost efficiencies and diversified business model will prove helpful

Crude oil slump triggers a sell-off in domestic stocks, currency

Sensex falls 1,011 points, Nifty closes below 9k

When oil goes negative: How did it happen, what it means for Indian economy

Oil producers are paying buyers to take the commodity off their hands.

US oil futures continue to tread in negative territory, Brent plunges

Global benchmark Brent crude also fell sharply in response to the collapse of demand following reduced economic activity

OMCs on stronger wicket, oil producers stare at losses as crude plunges

Refiners like Reliance Industries may also see inventory losses adding pressure on already weak refining margins

Outlook & trading strategies for Gold, Natural Gas by Tradebulls Securities

The rally is under threat only when gold breaks 44,500

Aramco offers struggling refiners option to defer crude payments: Report

Oil plants are struggling with shrinking demand as coronavirus pandemic shuts off economies.

Commodity outlook by Bhavik Patel of Tradebulls Securities: Buy lead, gold

Gold is trading near all time high and some pullback is expected. Instead of chasing prices at a higher level, we recommend to buy on dips near 44,300.

Amid falling global prices, US and Mexico agree to cut crude oil output

The OPEC nations have agreed to "a different limit reduction of about 23 per cent", said US President Donald Trump

A responsible consumer

Strategic oil reserve is an important tool during ongoing crisis

Back-to-back gains for global stocks; Brent climbs into positive territory

While most Asian markets surged, a second day of gains in European equities put the region's benchmarks from Italy to France and Germany on course to exit a bear market

Exhausting product tankage not a cause of concern yet, say oil executives

Most do not expect refinery shutdowns even if lockdown extends

BPCL makes faster, cheaper tech to test crude; in talks with MNCs for sale

BPCL has been developing the technology since FY16 and reached commercial production stage two years ago

Covid-19: Oil crash poses test for OPEC+ after Moscow, Riyadh miscalculate

An OPEC source briefed on Saudi oil policy said the scale of the fall in demand might require action beyond the scope OPEC+ could take alone

Reliance to sell some April-loading crude cargoes in a rare move: Report

Mukesh Ambani's Reliance has offered various grades of Middle East crude for sale in Asia's spot market, including grades such as Abu Dhabi's Murban crude and Qatar's al-Shaheen crude.

Fuel prices see minor changes, check petrol and diesel rates today

Petrol is being sold at a rate of Rs 69.63 per litre in Delhi

Crude oil, copper post sharp fall on MCX due to global uncertainty

Lead, nickel and zinc lose 3.5% each on expectations of uncertain demand; slight dip in bullion

Crude oil adds over 4%, gold and silver up as markets recover sharply

News of factories and showrooms in China reopening after several weeks of lockdown boosts sentiment

Oil to stay under pressure; eyes on fiscal measures to address coronavirus

On top of the virus-related demand concerns, oil markets are also contending with an imminent surge in supplies from Saudi Arabia and Russia as the two nations face off in a very public way

Barmer refinery will provide crude oil; import won't be needed: CM Gehlot

He held a detailed review of the refinery project and said that the work of various phases of the project should be completed on time