Page 17 - Oil Prices

Crude oil prices fall on demand concerns, Brent below $70, near 3-year low

On Tuesday, the Organization of the Petroleum Exporting Countries (Opec) in a monthly report said world oil demand will rise by 2.03 million barrels per day (bpd) in 2024

Opec+ discusses to delay planned oil output hike amid low prices: Report

Last week, the group looked set to proceed with a 180,000 barrel per day (bpd) hike in October, but market volatility and a weak demand outlook have raised concern

Oil strategy today: WTI crude may test support of $72, MCX Crude 6050

Crude oil trading strategy today, Aug 29: Weakness in the crude crack spread is bearish for oil prices

Oil up 3% on Israel-Hezbollah war, Libya oil field closure; how to trade?

Brent crude, WTI oil trading strategy today, Aug 27: We expect oil prices to face immediate resistance of $80 and the rally would find it difficult to sustain above it

Crude oil prices hit 2-week lows; how to trade, key levels to watch today?

Crude oil outlook today, Aug 20: Oil prices tumbled to two-week lows on Tuesday morning in Asian trade with WTI future trading down 0.4 per cent

Oil prices rise during trade on risk of broadening Middle East conflict

Global benchmark Brent crude futures rose 71 cents, or 0.9 per cent, to $81.55 a barrel by 0605 GMT

Crude oil strategy for Budget 2024 day: WTI eyes breakout, next target: $82

Budget 2024-25: How to trade WTI crude oil today? Find out strategy, key levels here

Oil price continues to drop amidst growing ceasefire hope, demand concerns

War in Gaza has lent support to oil prices as investors priced in the risk of potential disruptions to global crude supply in the key producing region of the Middle East, but peace now seems close

WTI Oil strategy, June 25: Outlook bullish on tight supply; Support at $77

Crude oil strategy: Crude remains on track for a monthly gain. The immediate support for WTI remains at $ 78.78 (50-DMA) and short-term support stays at $77.13 (200-DMA)

WTI crude oil to stay rangebound within $78-$83; check strategy for June 20

Crude oil strategy for June 20, 2024: WTI crude oil could test resistance of $85 over the medium term

WTI, Brent crude oil prices enter 'oversold' zone; check levels for June 6

Commodity outlook: The economic slowdown has already been priced in by the markets and we expect limited downside in oil prices

Oil market headed for bearish times on softening global economic conditions

Given the above-mentioned developments, we believe that the oil market is heading lower in the short to medium term due to softening of global economic conditions

Oil prices up on prospect of Opec+ holding cuts, weaker US dollar

For the online meeting of OPEC+ oil producers coming up on Sunday, traders and analysts are predicting 2.2 million barrels per day of voluntary production cuts to stay in place

Crude oil to trade in narrow range ahead of Opec meeting; check key levels

Crude oil outlook: Crude oil prices are expected to trade in a fairly tight range ahead of the key OPEC+ meet on June 1

Tech charts show bearish trend for Copper, sideways for Oil; details here

Brent crude strategy: Brent oil prices are expected to range between $75 to $90 per barrel,

RBI wants inflation elephant in the forest. Can pricier oil bring it back?

After witnessing sustained moderation, cost push pressures faced by firms, the RBI said, are showing upward bias

Govt hikes windfall tax on petroleum crude to Rs 4,900 per tonne

The new rates will be affective from Saturday, according to a government notification released on Friday

Nation first policy helped manage oil prices despite global conflicts: Puri

The Union Minister for Petroleum and Natural Gas said 85 per cent of India's crude requirements are met by imports, with the price of crude in the international market being the benchmark

Oil prices steadies after expected Opec+ voluntary output cut extension

Brent futures were up 19 cents to $83.74 a barrel at 1422 GMT after rising 2.4% last week. U.S. West Texas Intermediate (WTI) rose 6 cents to $80.03 a barrel following a 4.6% gain last week

Crude oil hovers near 3-week high on tensions in West Asia, China demand

There was no settlement for WTI on Monday due to a U.S. public holiday