Feb 14, 2019 07:55 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement. They closed up 1.5 percent on Wednesday, having touched their highest since Feb. 5 at $54.60 a barrel.
- Feb 12, 2019 07:26 AM IST
U.S. West Texas Intermediate (WTI) crude oil futures were at $52.60 per barrel at 0043 GMT, up 19 cents, or 0.4 percent, from their last close.
- Feb 11, 2019 09:00 AM IST
US West Texas Intermediate (WTI) crude futures were at $51.92 per barrel at 0144 GMT, down 80 cents, or 1.5 percent, from their last settlement.
- Feb 08, 2019 07:35 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $52.61 per barrel at 0046 GMT, down 3 cents from their last settlement. WTI dropped by around 2.5 percent the previous session.
- Feb 06, 2019 09:52 AM IST
US West Texas Intermediate (WTI) crude futures were at $53.74 per barrel at 0153 GMT, up 8 cents from their last settlement. They closed down 1.7 percent on Tuesday.
- Feb 05, 2019 07:09 PM IST
Gross refining margins (GRMs) saw a dip that was much in line with the global contraction, with substantial inventory losses also having impacted the company's profits.
- Feb 05, 2019 08:02 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $54.73 per barrel at 0020 GMT, up 16 cents from their last settlement. They closed down 1.3 percent on Monday, after earlier touching their highest since Nov. 21 at $55.75 a barrel.
- Jan 28, 2019 09:15 PM IST
"The crude price to remain range bound at USD 55-65 per barrel, driven by a rise in supply from the US, which would be offset, to some extent, by the recent production cut announced by the Organisation of the Petroleum Exporting Countries (OPEC), the continued debt crisis in Venezuela and the limited clarity on the sanctions imposed on Iran," the ratings agency India Ratings said on Monday.
- Jan 28, 2019 06:14 PM IST
Also, fresh foreign fund inflows propped up the rupee. However, heavy selling in domestic equity market capped the gains of the local unit to some extent.
- Jan 19, 2019 12:09 PM IST
OPEC's strong efforts is a strong positive for the oil prices to stabilize. Also, looking at efforts for resolution of US-China trade war, Nymex crude oil prices should be moving towards levels of $55-$57/bbl.
- Jan 17, 2019 05:22 PM IST
In a monthly report, the Organization of the Petroleum Exporting Countries said its oil output fell by 751,000 barrels per day (bpd), month on month, to 31.58 million bpd in December, due to cutbacks led by Saudi Arabia, Libya and Iran.
- Jan 16, 2019 09:48 AM IST
Gold is principally a hedge against inflation and a safe haven during times of turbulence in markets. Entering at current prices can give good returns in an uncertain 2019
- Jan 10, 2019 03:29 PM IST
- Jan 09, 2019 11:06 AM IST
U.S. West Texas Intermediate (WTI) crude oil futures were at $50.29 per barrel as at 0131, up 51 cents, or 1 percent from their last settlement. It was the first time this year that WTI has topped $50 a barrel.
- Jan 06, 2019 10:30 AM IST
The international crude prices increased by around 12 percent between April and September 2018
- Jan 04, 2019 04:31 PM IST
For an airline that loses around Rs 14 crore a day, Jet Airways faces an uphill task to raise capital and skirt insolvency proceedings.
- Dec 28, 2018 11:13 AM IST
Oil is now below the $50 mark, a fall of over 30 percent but the rupee has corrected by only 5.7 percent from its peak. So why is the rupee not gaining in strength despite the sharp fall in oil prices?
- Dec 27, 2018 07:47 AM IST
US West Texas Intermediate (WTI) crude futures , were up 26 cents, or 0.56 percent, at $46.48 per barrel at 0032 GMT. They jumped 8.7 percent to $46.22 per barrel in the previous session.
- Dec 26, 2018 09:52 AM IST
US West Texas Intermediate (WTI) crude futures, were up 29 cents, or 0.68 percent, at $42.82 per barrel, at 0355 GMT, having at one point risen as high as 2 percent from the last close. They had slumped 6.7 percent in the previous session to $42.53 a barrel - the lowest since June 2017.
- Dec 20, 2018 03:26 PM IST
Mohammad Barkindo said to reach the proposed cut of 1.2 million barrels per day, the effective reduction for member countries was 3.02 percent.
- Dec 20, 2018 02:16 PM IST
- Dec 18, 2018 03:06 PM IST
U.S. crude oil fell $2.04, or 4.1 percent, to a low of $47.84, its weakest since September 2017, before recovering to around $48.10 by 0920 GMT.
- Dec 17, 2018 03:41 PM IST
After the failure of some strategic share sales (like that of Air India) due to various reasons, the buyback route is being seen as a tool for the government to meet its annual divestment target
- Dec 17, 2018 03:32 PM IST
Both benchmarks fell more than 25 percent through October and November as a supply glut inflated global inventories but have stabilised over the last three weeks, trading within fairly narrow ranges as oil producers have promised to cut production.
- Dec 13, 2018 10:55 AM IST
Crude oil prices have also been supported by OPEC-led supply curbs announced last week, although gains were capped after the producer group lowered its 2019 demand forecast.