Jan 20, 2017 at 12:35 | Source: Moneycontrol.com
According to Angel Commodities, oil prices are expected to trade higher today, international markets are trading higher by 0.25 percent at $51.50 per barrel.
Jan 20, 2017 at 10:53 | Source: Moneycontrol.com
According to Achiievers Equities, Crude oil prices dropped after data showed that oil supplies in the U.S. registered an unexpected inventory build.
Jan 19, 2017 at 18:13 | Source: Moneycontrol.com
Countries complying with the Opec and Non-Opec countries' agreement is also going to decide crude prices. He says most countries have cut output by around 2.5-4 percent, but only time will tell if they continue to do so over a long period of time.
Jan 19, 2017 at 14:08 | Source: CNBC-TV18
Markets will witness significant volatility in oil price this year, that is the word coming from Fatih Birol, Executive Director, IEA.
Jan 19, 2017 at 13:50 | Source: Moneycontrol.com
According to Angel Commodities, expect oil prices to trade higher today, international markets are trading higher by 0.8 percent at $51.48 per barrel.
Jan 19, 2017 at 12:51 | Source: Reuters
Since late November, major oil companies have announced 11 deals worth more than USD 500 million each with a combined value of USD 31 billion, the clearest sign yet that oil executives are more confident a recovery is underway.
Jan 19, 2017 at 12:10 | Source: Moneycontrol.com
Rising crude oil prices may prompt the finance ministry to cut the 20 percent ad valorem levy to about 10 percent; move will help prevent costly crude pushing up retail petrol and diesel prices
Jan 19, 2017 at 08:26 | Source: Reuters
Sentiment in oil markets has been torn between expectations of a rebound in US shale production and hopes that oversupply may be curbed by output cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) and others.
Jan 18, 2017 at 11:57 | Source: Moneycontrol.com
According to Angel Commodities, oil prices are expected to trade sideways today; international markets are trading higher by 0.4 percent at $52.68 per barrel.
Jan 18, 2017 at 08:25 | Source: Reuters
US West Texas Intermediate (WTI) crude oil futures were trading up 3 cents at USD52.51 per barrel at 0058 GMT. Brent crude oil , the international benchmark for oil prices, was up 4 cents USD55.51 a barrel.