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Apr 18, 2021 05:45 PM IST Crude oil prices traded higher during the week on higher demand prospectus amid signs of economic recovery in top oil-consuming nations.
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Apr 16, 2021 04:14 PM IST The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The momentum indicator Relative Strength Index is at 60.46 indicating bullish movement in prices.
- Apr 15, 2021 04:32 PM IST
The International Energy Agency (IEA) forecasted global oil demand and supply to rebalance in the second half of the year.
- Apr 12, 2021 04:51 PM IST
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 53.03, indicating positive momentum in prices.
- Apr 11, 2021 03:24 PM IST
The momentum indicator Relative Strength Index (RSI) is at 49.50, indicating sideways momentum in prices.
- Apr 09, 2021 05:21 PM IST
Crude may witness mixed trade amid lack of clear cues. However, rising virus cases and the prospect of higher supply may keep pressure on prices.
- Apr 08, 2021 04:33 PM IST
Weighing on crude price is stability in US dollar post FOMC minutes, rising virus cases, efforts to ease US-Iran tensions and OPEC’s decision to raise output in the coming months.
- Apr 05, 2021 04:09 PM IST
Crude oil prices traded weak on demand outlook worries and ease in OPEC plus output cuts.
- Apr 03, 2021 03:49 PM IST
Many of the big commodity funds have taken to the sidelines ahead of the long Easter holiday weekend, resulting in low volume.
- Apr 01, 2021 10:04 PM IST
Brent crude rose 42 cents, or 0.7%, to $63.16 a barrel by 11:45 a.m. EST (1645 GMT). U.S. oil was up 59 cents, or 1%, at $59.75 a barrel.
- Apr 01, 2021 09:56 PM IST
Under Thursday's deal, oil cuts implemented by OPEC+ would be just above 6.5 million bpd from May, compared with existing curbs of slightly below 7 million bpd in April.
- Apr 01, 2021 04:47 PM IST
The black gold has been trading higher than 5, 50, 100 and 200 days' moving averages but lower than the 20-day moving average on the daily chart.
- Mar 26, 2021 05:22 PM IST
In the futures market, crude oil for April delivery touched an intraday high of Rs 4,376 and an intraday low of Rs 4,284 per barrel on MCX.
- Mar 25, 2021 04:32 PM IST
The rising dollar index, bond yields and lockdown in Asian countries have added worries regarding demand scenario.
- Mar 24, 2021 04:54 PM IST
The black gold has been trading higher than 50, 100 and 200 days' moving averages but lower than the 20 and 5 days’ moving average on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 43.08 indicating bearish momentum in prices.
- Mar 23, 2021 04:38 PM IST
The black gold has been trading higher than 50, 100 and 200 days' moving averages but lower than the 20 and 5 days’ moving average on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 41.62, indicating bearish momentum in prices.
- Mar 22, 2021 05:14 PM IST
The CFTC data showed that money managers increased net long positions by 2331 lots in the last week.
- Mar 18, 2021 10:10 PM IST
Traders said those stockpiles could grow further now that WTI on March 12 switched from backwardation to contango, where front-month is cheaper than the second-month.
- Mar 18, 2021 04:21 PM IST
The black gold has been trading higher than 20, 50, 100 and 200 days' moving averages but lower than the 5-day moving average on the daily chart.
- Mar 17, 2021 03:39 PM IST
The black gold has been trading higher than 20, 50, 100 and 200 days' moving averages but lower than the 5-day moving average on the daily chart.
- Mar 16, 2021 04:34 PM IST
The black gold has been trading higher than 20, 50, 100 and 200 days' moving averages but lower than the 5-day moving average on the daily chart.
- Mar 15, 2021 04:43 PM IST
The number of rigs drilling crude oil in the US fell by 1 to 309 rigs for the week to March 12, said Baker Hughes in a weekly report.
- Mar 12, 2021 04:07 PM IST
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 68.06 indicating bullish momentum in prices.
- Mar 12, 2021 12:05 PM IST
Research shows that British local government pension funds have almost £10bn invested in “climate wrecking companies”
- Mar 11, 2021 07:43 PM IST
The black gold has been trading higher than 5, 20, 50, 100 and 200 days' moving averages on the daily chart. The momentum indicator Relative Strength Index (RSI) is at 64.91, indicating bullish momentum in prices.
