Nov 12, 2018 01:37 PM IST
"The technical analysis we reviewed yesterday shows that we need a reduction approaching one million bpd to balance the market," Khalid al-Falih told an energy conference in Abu Dhabi.
- Nov 12, 2018 01:37 PM IST
Saudi Energy Minister Khalid al-Falih said on Monday that an analysis suggested that cut may be necessary, but authorities felt there were many assumptions built into that.
- Nov 08, 2018 07:55 AM IST
U.S. West Texas Intermediate (WTI) crude oil futures were at $61.75 per barrel at 0120 GMT, up 8 cents from their last settlement.
- Nov 07, 2018 09:12 PM IST
The sources were responding to a report by Russia's TASS news agency that Russia and Saudi Arabia had started bilateral discussions over possible curbs to output in 2019.
- Nov 07, 2018 02:52 PM IST
Front-month Brent crude oil futures were at $71.99 per barrel at 0552 GMT, down 14 cents, or 0.2 percent, from their last close.
- Nov 06, 2018 04:36 PM IST
Domestically, the earnings from corporate banks have been positive driving the market forward.
- Nov 05, 2018 02:20 PM IST
"In the next weeks all eyes will be on Iranian exports, whether there will be some cheating around US sanctions, and on how quickly production will fall," said Riccardo Fabiani, an analyst for Energy Aspects.
- Oct 30, 2018 11:18 AM IST
Front-month Brent crude oil futures were at $77.05 a barrel at 0428 GMT, down 29 cents, or 0.4 percent, from their last close.
- Oct 29, 2018 01:29 PM IST
One should use rangebound trading strategy in trading gold while on the other hand, one can buy copper October futures and crude November futures.
- Oct 27, 2018 10:30 AM IST
Buy silver December futures contract in the range of Rs 38,750-38650 and Aluminum November futures contract in the range of Rs 148-147, says Pritam Kumar Patnaik of Reliance Commodities.
- Oct 25, 2018 04:15 PM IST
With production ramping, the company is now focusing on steady and sustainable off take of the produce.
- Oct 22, 2018 01:35 PM IST
Benchmark Brent crude oil futures were at $80.26 a barrel at 0646 GMT, up 48 cents, or 0.6 percent, above their last close.
- Oct 20, 2018 08:39 AM IST
Santosh Nair, Editor, Moneycontrol shares the highlights of the week, earnings review
and an outlook for the coming week.
- Oct 18, 2018 12:51 PM IST
The new oil will help lift ADNOC's oil exports after the Organization of the Petroleum Exporting Countries (OPEC) and Russia pledged to increase output to stabilise global oil markets following disruptions in supplies from several producers, including Iran and Venezuela.
- Oct 16, 2018 03:09 PM IST
Refusing to say if India has sought a waiver of sanctions from the US as to continue purchasing crude oil from Iran, Oil Minister Dharmendra Pradhan said he has articulated the country's position on importing oil from the Persian Gulf nation in November and "there is nothing new to repeat."
- Oct 16, 2018 08:50 AM IST
Brent crude futures for December delivery rose 35 cents to settle at $80.78 a barrel. U.S. West Texas Intermediate (WTI) crude futures rose 44 cents to settle at $71.78 a barrel.
- Oct 16, 2018 08:31 AM IST
Chances for future rate cuts, which were already very slim but were left on the table by policymakers in recent comments, were seen diminishing. This gave some support to the New Zealand dollar and pushed bond yields 2-3 basis points higher.
- Oct 14, 2018 09:48 AM IST
The outlook for crude oil is mixed. Both the IEA and OPEC have cut demand growth projections for 2018 and 2019, citing the escalating trade war between the US and China
- Oct 09, 2018 08:05 AM IST
Brent crude was down 7 cents at $83.84 a barrel by 0020 GMT. On Monday, Brent fell to a low of $82.66, but mostly recovered as investors bet China's economic stimulus would boost crude demand. Brent hit a four-year high of $86.74 last week.
- Oct 08, 2018 06:51 PM IST
We believe the approaching November deadline for Iranian sanctions could provide some clarity over the global geopolitical moves and would be one point in the timeline to watch out for. Till then prices are expected to remain volatile and news flows could have significant impact on the prices in both directions
- Oct 04, 2018 12:12 PM IST
But the imminent return of U.S. sanctions on Iran and bottlenecks keeping U.S. oil from getting to market have fueled a rally that has taken benchmark oil prices to four-year highs.
- Oct 01, 2018 12:12 PM IST
Benchmark Brent crude oil futures rose to as much as $83.27 a barrel and were at $83.21 at 0339 GMT, up 48 cents, or 0.6 percent from their last close.
- Sep 27, 2018 10:48 AM IST
Front-month Brent crude futures were at $82.17 per barrel at 0133 GMT, up by 83 cents, or 1 percent from their last close, just off Tuesday's four-year highs.
- Sep 17, 2018 11:10 AM IST
Brent crude oil futures dipped 16 cents, or 0.2 percent to $77.93 a barrel by 0035 GMT.
- Sep 13, 2018 01:40 PM IST
When it comes to investing in airline stocks, resist till Air India persists, unless price becomes very compelling. We are not at that point yet, as one would guess, says ArunaGiri N of TrustLine Holdings.