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.
- Dec 12, 2018 11:32 AM IST
Disruptions to Libyan crude exports after local militia seized the country's biggest oilfield, El Sharara, were also buoying prices, traders said.
- Dec 11, 2018 09:23 AM IST
Despite that, overall sentiment on oil prices remained weak amid worries over global stock markets and doubts that planned supply cuts led by producer club OPEC will be enough to rein in oversupply.
- Dec 11, 2018 07:38 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $51 per barrel at 0028 GMT, unchanged from their last close.
- Dec 06, 2018 10:56 AM IST
OPEC’s meeting in Vienna, which kicks off today, will decide the cartel’s future course of action. We look some major developments in the oil world, which could be taken up at the meeting
- Dec 06, 2018 07:53 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $52.57 per barrel at 0109 GMT, down 32 cents, or 0.6 percent, from their last close.
- Dec 05, 2018 08:25 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $52.61 per barrel at 0128 GMT, down 64 cents, or 1.2 percent, from their last close.
- Dec 04, 2018 08:05 AM IST
The 90-day truce in the trade dispute between the United States and China was also still supporting markets, traders said.
- Dec 03, 2018 08:32 AM IST
U.S. West Texas Intermediate (WTI) crude futures were at $53.38 per barrel at 0220 GMT, up $2.45 per barrel, or 4.8 percent from their last close.
- Dec 03, 2018 07:51 AM IST
In the short-term, traders can remain positively biased as long as Nifty50 sustains above its 200-day moving average whose value is placed around 10,744.
- Nov 27, 2018 12:10 PM IST
Sell MCX silver December 2018 futures on rallies towards Rs 36,300 and MCX Gold December 2018 futures on rise towards Rs 30,600, says Pritam Kumar Patnaik of Reliance Commodities.
- Nov 23, 2018 09:35 PM IST
Oil supply, led by U.S. producers, is growing more quickly than demand and to prevent a build-up of unused fuel such as the one that emerged in 2015, the Organization of the Petroleum Exporting Countries is expected to start trimming output after a meeting on Dec. 6.
- Nov 23, 2018 08:26 AM IST
US West Texas Intermediate (WTI) crude futures were at $54.07 per barrel at 0204 GMT, down 56 cents, or 1 percent while Brent crude oil futures were at $62.64 per barrel, 4 cents above their last close amid thin trading due to a holiday in Japan.
- Nov 16, 2018 04:03 PM IST
We believe that very high or very low crude prices are not sustainable in the long run as they impact the number of producers on board the supply ship
- Nov 16, 2018 09:47 AM IST
U.S. West Texas Intermediate (WTI) crude oil futures were at $56.84 per barrel at 0353 GMT, up 38 cents, or 0.7 percent, from their last settlement.