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Barrel

Feb 24, 2017 at 16:18 | Source: Reuters
U.S. crude stocks rose by 564,000 barrels in the week to Feb. 17, according to the Energy Information Administration (EIA), although the gain was below analysts' expectations for an increase of 3.5 million barrels.
Feb 24, 2017 at 12:02 | Source: CNBC
The US exported a record amount of crude oil, topping a million barrels a day for a second week and filling the gap in world markets created by OPEC cutbacks.
Feb 23, 2017 at 22:32 | Source: Reuters
Iran said on Thursday an increase in oil prices to more than USD55 per barrel was not in the interest of OPEC as it would lead to a rise in output by non-OPEC producers, the semi-official Fars news agency reported.
Feb 23, 2017 at 12:30 | Source: Moneycontrol.com
According to Angel Commodities, on the MCX, oil prices are expected to trade higher today, international markets are trading higher by 1 percent at $54.05 per barrel.
Feb 22, 2017 at 17:46 | Source: PTI
Rising global oil prices will not pose a serious risk to the economy if they remain within the range of USD 55-65 a barrel, said chief economic adviser Arvind Subramanian.
Feb 22, 2017 at 12:16 | Source: Moneycontrol.com
According to Angel Commodities, on the MCX, oil prices are expected to trade higher today, international markets are trading higher by 0.3 percent at $54.50 per barrel.
Feb 22, 2017 at 10:23 | Source: Reuters
The US West Texas Intermediate April crude contract, the new front-month future, was up 18 cents at USD 54.51 a barrel at 0228 GMT. On Tuesday, the March contract expired up 66 cents, or 1.2 percent, at USD 54.06, after peaking at USD 54.68, the highest since January 3.
Feb 21, 2017 at 08:58 | Source: Reuters
US West Texas Intermediate crude was up 31 cents, or 0.6 percent, at USd 53.71 a barrel at 0218 GMT, after rising about 0.5 percent in a shortened session on Monday due to a US national holiday.
Feb 20, 2017 at 09:51 | Source: Reuters
Brent futures were down 5 cents at USD 55.75 a barrel at 0245 GMT, while US West Texas Intermediate crude was unchanged at USD 53.40. Both contracts earlier rose slightly in quiet trading.
Feb 16, 2017 at 09:05 | Source: Reuters
The Organization of the Petroleum Exporting Countries (OPEC) and other producers including Russia have agreed to cut output by almost 1.8 million barrels per day (bpd) during the first half of 2017, and estimates suggest compliance by OPEC is around 90 percent.
Messages on Barrel »

logic2016

New Member

4 Followers

SpiceJet  

The investment bank lowered its price forecast for Brent crude from an average of $55-$75 per barrel through 2022 down to an average of $50-$70 in its latest global energy paper.

8.39 PM Feb 22nd

logic2016

New Member

4 Followers

SpiceJet  

Hold on my friends ,it is still time not to rejoice about oil prices let the US government sell 10 million barrel by end of this month and let that get reflected in inventory and then see the magic

8.13 PM Feb 22nd

Wire News

Platinum Member

715 Followers

News Now  

Rising global oil prices will not pose a serious risk to the economy if they remain within the range of USD 55-65 a barrel, said chief economic adviser Arvind Subramanian.

5.46 PM Feb 22nd

logic2016

New Member

4 Followers

SpiceJet  

Just 4 days and the sell of 10 million oil barrels will bring shiver to all the bears here

2.34 PM Feb 22nd

logic2016

New Member

4 Followers

SpiceJet  

THe US government sell will be followed by the sell of oil barrels by fund managers. Funds now hold a net long position equivalent to a record 903 million barrels of oil, according to an analysis of records published by regulators and exchanges

2.29 PM Feb 22nd

logic2016

New Member

4 Followers

SpiceJet  

The U.S. Energy Department said it will sell 10 million barrels of oil from the government`s emergency crude reserve in late February and the late february is here my dear friends :)

2.26 PM Feb 22nd

logic2016

New Member

4 Followers

SpiceJet  

So rhetoric of June July cut is also failed and now wait for the sell of 10 million oil barrels of us governent and that will be followed by 903 million barrels of longs made by money managers....time is about to come for aviation sector in india

2.24 PM Feb 22nd

VP says

Gold Member

23 Followers

SpiceJet  

Biggest Gasoline Glut In 27 Years Could Crash Oil Markets.the glut of gasoline is now the worst in 27 years. At 259 million barrels, U.S. gasoline storage levels are now at their highest level since the EIA began tracking the data back in 1990.

1.05 PM Feb 22nd

VP says

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23 Followers

SpiceJet  

Oversupply Fears Grow As U.S. Oil Exports Hit Record High. U.S. oil producers contributed a record 7 million barrels of crude oil to international markets during the Week of February 5th, 2017, approximately one million barrels per day.

12.45 PM Feb 22nd

MMayankmatr
u

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529 Followers

SpiceJet  

Avinash, BTW spicejet is trading at close @ INR 69.30...Brent crude may be trading at USD 57 per barrel which is 159 ltrs....and value of 159 spicejet shares is INR 11019...far far ahead of any crude in the world...

4.43 PM Feb 21st

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