Page 15 - Oil Trade

BPCL, HPCL, IOC appear bullish on the charts despite a surge in oil prices

Nifty Energy Index has been consolidating in the range of 14,730 - 13,750 since August. The formation seems like triple-bottom and a breakout would mean can take the index to 15,000 mark

From auto to banking, grumble of slowdown is getting louder for India Inc

The companies' combined net profit declined by 10.1 per cent yoy during June '19 quarter against 26.2 per cent yoy growth a year ago

Oil prices fall 2% as US-China trade war concerns hit demand outlook

Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold

Tale of two oil buyers: Saudi crude exports to China soar, US loses out

With China grabbing more Saudi crude, flows to India, Japan and South Korea also appear to have declined last month

Oil prices ease as demand worries counter supply cuts

The Organization of the Petroleum Exporting Countries (OPEC) agreed on Monday to extend oil supply cuts until March 2020

Russia, Saudi agree to extend OPEC production cut deal: Vladimir Putin

The OPEC cartel and its oil-producer nation allies opted in December to trim daily crude output by 1.2 million barrels

The 24-million barrel question: Where is all that missing US oil?

US showed a crude supply adjustment factor -- the difference between reported stockpiles and those implied by production, refinery demand, imports and exports -- of more than 800,000 barrels a day

Oil prices hit 2019 peak amid supply cuts, US sanctions on Iran, Venezuela

OPEC's crude oil output has slumped from a mid-2018 peak of 32.8 million barrels per day (bpd) to 30.7 million bpd in February

Oil refiners' next boom is revealed in what they're not doing

The rush to refine during what's normally a fallow period for the industry is a response to the introduction in January in 2020 of rules to cut sulfur emissions from the shipping industry