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  • Crude oil futures flat at Rs 2,693, Brent trades above $38/bbl Oct 30, 2020 04:52 PM IST

    Crude oil futures flat at Rs 2,693, Brent trades above $38/bbl

    In the futures market, crude oil for November delivery touched an intraday high of Rs 2,729 and a low of Rs 2,641 per barrel on the MCX

  • Crude oil futures break below its 200-DMA, slips 8.66% in 2 days on weak demand Oct 29, 2020 05:59 PM IST

    Crude oil futures break below its 200-DMA, slips 8.66% in 2 days on weak demand

    In the futures market, crude oil for November delivery touched an intraday high of Rs 2,974 and a low of Rs 2,662 per barrel on the MCX

  • 3-Point Analysis | Oil prices fell to a 3 week low on Oct 28. Will the prices recover? Oct 29, 2020 01:33 PM IST

    3-Point Analysis | Oil prices fell to a 3 week low on Oct 28. Will the prices recover?

    Oil prices fell over 4% to a three-week low on October 28. What are the key reasons behind the sharp fall? Let’s find out in this edition of 3-Point Analysis.

  • Why ExxonMobil is sticking with oil as rivals look to a greener future Oct 29, 2020 09:29 AM IST

    Why ExxonMobil is sticking with oil as rivals look to a greener future

    If Exxon is right, its gamble will rescue the company as projects from New Mexico to Guyana begin pumping crude oil into a rising market

  • Crude oil futures resume bearish trend, plunge over 4% to Rs 2,811 per barrel Oct 28, 2020 04:50 PM IST

    Crude oil futures resume bearish trend, plunge over 4% to Rs 2,811 per barrel

    Concerns over supply disruption from Hurricane Zeta have receded and lack of a US coronavirus fiscal relief package also dented investors' risk appetite and weighed on prices.

  • Crude oil futures rise 1.16% to Rs 2,879 per barrel in afternoon trade Oct 27, 2020 05:17 PM IST

    Crude oil futures rise 1.16% to Rs 2,879 per barrel in afternoon trade

    In the futures market, crude oil for November delivery touched an intraday high of Rs 2,883 and a low of Rs 2,852 per barrel on the MCX

  • OPEC chief says rising infections may delay oil recovery Oct 26, 2020 08:29 PM IST

    OPEC chief says rising infections may delay oil recovery

    OPEC's Mohammad Barkindo, asked at the virtual India Energy Forum by CERAWeek if the second wave of the virus required any changes to OPEC+ strategy, said hopes earlier this year of a demand rebound had been disappointed.

  • Crude oil futures drop nearly 2% to Rs 2,882 per barrel on demand concern Oct 26, 2020 04:31 PM IST

    Crude oil futures drop nearly 2% to Rs 2,882 per barrel on demand concern

    In the futures market, crude oil for November delivery touched an intraday high of Rs 2,897 and an intraday low of Rs 2,841 per barrel on MCX.

  • Crude oil futures firm at Rs 3,014 per barrel, likely to trade range bound Oct 23, 2020 05:17 PM IST

    Crude oil futures firm at Rs 3,014 per barrel, likely to trade range bound

    In the futures market, crude oil for November delivery touched an intraday high of Rs 3,016 and an intraday low of Rs 2,971 per barrel on MCX.

  • Crude oil futures firm at Rs 2,973, Brent trades below $42 a barrel Oct 22, 2020 05:13 PM IST

    Crude oil futures firm at Rs 2,973, Brent trades below $42 a barrel

    In the futures market, crude oil for November delivery touched an intraday high of Rs 2,977 and a low of Rs 2,925 per barrel on the MCX

  • Crude oil futures trade lower at Rs 3,036 per barrel on weak demand Oct 21, 2020 04:50 PM IST

    Crude oil futures trade lower at Rs 3,036 per barrel on weak demand

    In the futures market, crude oil for November delivery touched an intraday high of Rs 3,058 and an intraday low of Rs 3,013 per barrel on MCX.

  • Crude oil futures steady at Rs 3,018, WTI trades below $ 41 a barrel Oct 20, 2020 04:08 PM IST

    Crude oil futures steady at Rs 3,018, WTI trades below $ 41 a barrel

    In the futures market, crude for November delivery touched an intraday high of Rs 3,030 and an intraday low of Rs 2,992 per barrel on MCX.

  • Crude oil futures fall 0.57% to Rs 2,978 per barrel on demand concern Oct 19, 2020 04:59 PM IST

    Crude oil futures fall 0.57% to Rs 2,978 per barrel on demand concern

    Experts expect crude oil prices to trade sideways to up with support at $39 and resistance at $42. MCX Crude oil November has support at Rs 2,970 and resistance at Rs 3,060.

  • OPEC+ fears second virus wave could lead to oil surplus in 2021 Oct 16, 2020 08:21 PM IST

    OPEC+ fears second virus wave could lead to oil surplus in 2021

    The document presented scenarios that included a base case that still showed a deficit in 2021 of 1.9 million barrels per day (bpd) on average, albeit less than the deficit of 2.7 million bpd forecast in the previous month's base case.

  • Crude oil futures slip 0.87% to Rs 2,968 per barrel on weak demand Oct 16, 2020 05:13 PM IST

    Crude oil futures slip 0.87% to Rs 2,968 per barrel on weak demand

    In the futures market, crude oil for October delivery touched an intraday high of Rs 2,994 and a low of Rs 2,952 per barrel on the MCX

  • Crude oil futures plummet over 2% to Rs 2,938 per barrel on lockdown fears Oct 15, 2020 04:34 PM IST

    Crude oil futures plummet over 2% to Rs 2,938 per barrel on lockdown fears

    In the futures market, crude oil for October delivery touched an intraday high of Rs 3,016 and a low of Rs 2,929 per barrel on the MCX

  • India allows ADNOC to export oil from strategic reserve: Prakash Javadekar Oct 14, 2020 06:49 PM IST

    India allows ADNOC to export oil from strategic reserve: Prakash Javadekar

    Allowing ADNOC to export its oil mirrors a model adopted by countries such as Japan and South Korea which allow oil producers to re-export crude storage.

  • Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand Oct 14, 2020 04:40 PM IST

    Crude oil futures fall 1.25% to Rs 2,921 per barrel on weak demand

    The Organization of the Petroleum Exporting Countries (OPEC), in its monthly report, cut its global oil demand forecast as coronavirus cases continue to rise. In the futures market, crude oil for October delivery touched an intraday low of Rs 2,918 per barrel on the MCX.

  • OPEC cuts 2021 oil demand forecast again as coronavirus cases rise Oct 13, 2020 07:26 PM IST

    OPEC cuts 2021 oil demand forecast again as coronavirus cases rise

    A further weakening of demand could threaten plans by OPEC and allies to taper in 2021 the record oil output cuts they made this year.

  • Crude oil futures up 2.04% to Rs 2,948, WTI trades above $40 a barrel Oct 13, 2020 04:35 PM IST

    Crude oil futures up 2.04% to Rs 2,948, WTI trades above $40 a barrel

    Crude prices are supported by the gains in the US equity markets amid general optimism about a stimulus

  • Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see further downside Oct 12, 2020 04:01 PM IST

    Crude oil futures slip nearly 1% to Rs 2,932 a barrel on weak demand, experts see further downside

    Crude oil prices traded lower amid oversupply fears as production resumed in Libya and Norway at a time when demand recovery is stalling.

  • Crude oil futures slump 1.82% to Rs 2,918/bbl on jump in US crude stocks Oct 07, 2020 05:21 PM IST

    Crude oil futures slump 1.82% to Rs 2,918/bbl on jump in US crude stocks

    In the futures market, crude oil for October delivery touched an intraday high of Rs 2,965 and a low of Rs 2,910 per barrel on the MCX

  • Crude oil futures trade higher at Rs 2,902/bbl on positive global cues Oct 06, 2020 04:47 PM IST

    Crude oil futures trade higher at Rs 2,902/bbl on positive global cues

    OPEC is also reluctant to increase oil production from January 2021 in an attempt to counter the weak demand

  • Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel Oct 05, 2020 04:27 PM IST

    Crude oil futures fell 0.39% to Rs 2,826, WTI trades below $39 a barrel

    In the futures market, crude oil for October delivery touched an intraday high of Rs 2,831 and an intraday low of Rs 2,760 per barrel on the MCX.

  • Oil down 3% after Trump gets coronavirus and economies wobble Oct 02, 2020 09:55 PM IST

    Oil down 3% after Trump gets coronavirus and economies wobble

    US and Brent crude are heading for drops of around 6 percent and 5 percent respectively this week in a second consecutive week of declines.

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