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Us Crude Oil

Crude Oil: Here's your trading strategy for October 17; target price & more

Crude oil prices have been steadier on Thursday around $70.50/b in Asian hours, ahead of the weekly EIA inventory release from the US.

Crude Oil: Here's your trading strategy for October 17; target price & more
Updated On : 17 Oct 2024 | 11:17 AM IST

Crude Oil Strategy Today: Check target price, support & other key levels

With Israel looking to carry out its offensive against Hezbollah to the next level, traders will monitor the evolving situation in Middle East closely for possibility of disruptions to oil supplies.

Crude Oil Strategy Today: Check target price, support & other key levels
Updated On : 19 Sep 2024 | 10:29 AM IST

Crude Oil Strategy today: Check target price, resistance & other key levels

Oil prices showed marginal recovery on Monday to settle a per cent up at $68.71, following its worst weekly fall since October 2023 as WTI fell 8 per cent and Brent was down 10 per cent.

Crude Oil Strategy today: Check target price, resistance & other key levels
Updated On : 10 Sep 2024 | 12:09 PM IST

India's US crude imports rebound as Washington tightens screws on Russia

India may have bought over $1 bn of US oil in August; increasing such shipments helps it to trim trade surplus with the US

India's US crude imports rebound as Washington tightens screws on Russia
Updated On : 04 Sep 2024 | 11:02 PM IST

Brent crude oil price falls $1 per barrel to $72.75 on demand fears

A broader sell-off had seen prices for Brent crude futures tumble as much as 11 per cent, or about $9, in a little over a week, hitting a low of $72.63 on Wednesday

Brent crude oil price falls $1 per barrel to $72.75 on demand fears
Updated On : 04 Sep 2024 | 9:17 PM IST

Oil holds ground as dollar gains and Chinese demand concerns weigh

Oil market is also broadly underpinned by supply cuts from OPEC+ group of producers, as Iraq's oil ministry said at the weekend that it will compensate for overproduction since the beginning of 2024

Oil holds ground as dollar gains and Chinese demand concerns weigh
Updated On : 15 Jul 2024 | 5:06 PM IST

Crude Oil: Check key trading strategy on July 02, target price and more

Crude oil prices at $83.50, hover near two months high driven by the renewed geo-political risk in the middle east and red sea region along with the threat of Hurricane Beryl

Crude Oil: Check key trading strategy on July 02, target price and more
Updated On : 02 Jul 2024 | 1:50 PM IST

Crude Oil: Check key trading strategy on June 13, target price and more

The WTI holding on to support of $78 in Asian hours, retreating from three weeks high of $79.12. hit on Wednesday

Crude Oil: Check key trading strategy on June 13, target price and more
Updated On : 13 Jun 2024 | 9:27 AM IST

Crude oil: 4 factors keep outlook bullish for WTI; check near-term strategy

Crude oil price outlook: WTI short term resistance is at $82 for the day, while short term trading range should be in range of $77-$82

Crude oil: 4 factors keep outlook bullish for WTI; check near-term strategy
Updated On : 30 May 2024 | 8:10 AM IST

Crude oil strategy for May 28: WTI futures eye breakout above $80 hurdle

Crude oil outlook and strategy: Analyst at Sharekhan believes buying WTI crude on correction would be a good strategy for the day

Crude oil strategy for May 28: WTI futures eye breakout above $80 hurdle
Updated On : 28 May 2024 | 8:48 AM IST

Reliance Industries starts trading US oil setting Brent benchmark

LONDON (Reuters) - India's Reliance has made its first foray into trading a type of U.S. crude oil that underpins the global Brent benchmark in a process run by oil-index publisher S&P Global Commodity Insights, the publisher said.

Reliance Industries starts trading US oil setting Brent benchmark
Updated On : 02 May 2024 | 5:14 PM IST

Indian refiners buy more US crude amid tighter sanctions on Russian oil

India's Reliance, operator of the world's biggest refining complex, will not buy Russian oil loaded on tankers operated by Sovcomflot after recent US sanctions

Indian refiners buy more US crude amid tighter sanctions on Russian oil
Updated On : 26 Mar 2024 | 8:12 AM IST

Sensex ends 140 pts lower, Nifty below 19,700 weighed by auto, metal stocks

Closing Bell on Monday, November 20, 2023: In the broader markets, the BSE MidCap index ended mildly lower, down 0.06 per cent, while the BSE SmallCap index jumped 0.39 per cent

Sensex ends 140 pts lower, Nifty below 19,700 weighed by auto, metal stocks
Updated On : 20 Nov 2023 | 3:58 PM IST

Oil prices jump 3% on bigger-than-expected decline in US crude storage

Investors remained cautious that interest rate hikes could slow economic growth and reduce oil demand

Oil prices jump 3% on bigger-than-expected decline in US crude storage
Updated On : 29 Jun 2023 | 7:24 AM IST

Oil prices drop as US crude inventories jump, fuel demand worries

Gasoline stocks rose by about 846,000 barrels, while distillate stocks rose by about 1.7 million barrels, according to the sources, who spoke on condition of anonymity

Oil prices drop as US crude inventories jump, fuel demand worries
Updated On : 15 Feb 2023 | 3:56 PM IST

Share of US in India's crude basket rises to record 14% in December

In December, crude oil imports from the US shot up 93 per cent to 3.9 million MT

Share of US in India's crude basket rises to record 14% in December
Updated On : 14 Feb 2023 | 11:22 PM IST

Oil edges up in early trade as US crude inventories rise less than expected

Brent crude futures had risen 12 cents to $86.24 per barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 30 cents to $80.45

Oil edges up in early trade as US crude inventories rise less than expected
Updated On : 26 Jan 2023 | 10:01 AM IST

Oil prices lose ground as market jittery over demand risks

Both OPEC and US Energy Department have cut their demand outlooks, while a flare-up in Covid cases in China has sparked fresh concerns over fuel consumption in the world's top crude importing-country

Oil prices lose ground as market jittery over demand risks
Updated On : 13 Oct 2022 | 1:46 PM IST

Oil prices climb $1 a barrel as tight supply moves back into focus

The Saudi energy minister said OPEC+ had the means to deal with challenges including cutting production, state news agency SPA said on Monday, citing comments Abdulaziz bin Salman made to Bloomberg

Oil prices climb $1 a barrel as tight supply moves back into focus
Updated On : 23 Aug 2022 | 5:38 PM IST

Oil prices slip as US crude stockpiles rise, eyes on US inflation data

Oil prices fell on Wednesday ahead of a key U.S. report on inflation and after industry data showed U.S. crude inventories unexpectedly rose last week, signaling a potential hiccup in demand.

Oil prices slip as US crude stockpiles rise, eyes on US inflation data
Updated On : 10 Aug 2022 | 4:03 PM IST