Moneycontrol PRO
Loans
Loans
HomeNewsNymex crude

Nymex Crude

Jump to
  • OPEC fails to increase oil output amid capacity troubles

    While Iraq made a substantial boost, countries such as Libya and Nigeria saw their production fall amid operational disruptions and diminished investment, according to a Bloomberg survey

  • Commodity round-up: Rally in silver many not sustain; crude likely to remain choppy

    Crude may witness choppy trade amid mixed factors, however, we expect selling pressure to emerge at higher levels amid persisting demand worries and prospect of higher supply from US and OPEC.

  • Crude dipping to sub-zero level will not bring down petrol prices in India

    The cost of the Indian basket of crude, which is the average of Oman, Dubai and Brent crude, was at $20.56. Retail prices of petrol and diesel in India are linked to the price of these fuels in global markets.

  • Crude prices stabilise around $60/bbl: Stocks and sectors that are key beneficiaries

    Brent crude futures, the international benchmark for oil prices, have slipped around 30 percent since early October to trade around $60 a barrel from around $86 a barrel

  • Oil hits eight-month highs on US inventory draw, China imports

    London Brent crude for August delivery was up 9 cents at USD51.53 a barrel by 0451 GMT, after settling up 89 cents on Tuesday. It earlier touched USD51.55, the highest since October 12.

  • Nifty may open down; Asia trades mixed tracking weak US close

    Asian markets were trading mixed following a mild finish from US equities overnight. Revised government data showed the economy shrank at an annualized 1.1 percent in the final quarter of 2015.

  • US oil plunges 5.7% on China, closes at $29.42 a barrel

    The March Brent contract was down USD 1.77, or 6.25 percent, at USD 28.96 a barrel, having fallen as low as USD 28.82, the weakest level since February, 2004.

  • Oil will start rebounding, but just not now: Miswin Mahesh

    Miswin Mahesh of Barclays says all negatives are already priced in, so this leg of volatility is just stretching of imagination for those who are shorting. In such a scenario it is very difficult to call a bottom, he adds

  • Oil fall drags Sensex 318 pts, Nifty to 19-month closing low

    The broader markets got slaughtered more compared to benchmarks as the BSE Midcap was down 2.7 percent and Smallcap lost 3.13 percent. The market breadth worsened in late trade; nearly six shares declined for every share advancing compared to 1:1 earlier on the Bombay Stock Exchange.

  • See sub-$30 oil; remain negative on oil prices: Fat Prophets

    David Lennox, Analyst, Fat Prophets, says crude prices will remain volatile until no cuts are announced from major producing nations, from Organization of the Petroleum Exporting Countries (OPEC) or any of the major companies in Saudi and US.

  • Aviation stocks rally 8-14% post steep cut in jet fuel prices

    Oil marketing companies slashed aviation turbine fuel (ATF) prices by 10 percent, hence current prices are lowest since June 2010. Fourth consecutive monthly decline was after the sharp fall in crude oil prices.

  • See Brent crude around 37-38/bbl next year: ANZ Research

    The OPEC has decided not to cut its oil production and neither has US, therefore weakness for crude in the short-term is give, says Daniel Hynes, Senior Commodity Strategist at ANZ Research.

  • Nifty ends at 7702, Sensex tanks 220 pts; TCS, ITC gainers

    Tata Motors, ITC, TCS, NTPC and Bajaj Auto were top gainers in the Sensex while Vedanta, GAIL, Hindalco, Tata Steel and ONGC were major losers.

  • Oil prices resume decline in Asia

    The oil market has collapsed by more than half since mid-2014 with prices languishing under USD 50 a barrel, hurt by the supply glut and the decision by the oil exporter grouping OPEC to maintain output to counter booming US shale production.

  • Nifty likely to follow most Asian peers, open in red

    Asian stocks held on to losses early Monday, even as a private survey of China's mammoth manufacturing sector indicated factory activity fell for an eighth straight month in October, but at a slower pace

  • Nifty may reclaim 7900 at opening; all eyes on Fed meet

    Indian shares are likely to surge at open, following a Wall Street rally overnight, as markets go into a crucial Federal Reserve monetary policy meeting with expectations the Fed won't hike interest rates.

  • Nifty to tread with caution, open soft; all eyes on Fed

    In the US stocks closed lower as investors eyed the Federal Reserve meeting later in the week.

  • Fed rate hike could cap upside in gold: ANZ Research

    Speaking about the rally seen in gold, Daniel Hynes of ANZ Research said for the time being gold could even see levels of USD 1200 per ounce on back of currency movements in Asia and seems to be a safe haven for commodity investors.

  • Nifty likely to open flat; Hero Moto may be in focus

    Asian stocks stumbled early on Monday as weaker energy prices and fresh manufacturing data out of China sapped risk appetite.

  • Asian Paints, Jet Air, Ceat up 3-10% on crude prices fall

    Crude oil prices fell nearly 8 percent on Monday on global weakness post Greece voted 'No' to bailout package, continuing downtrend for the third consecutive session.

  • Global cues weak; deeper red hues likely on Nifty

    US markets closed lower as investors weigh higher bond yields and oil prices ahead of Friday‘s important jobs report.

  • Oil falls from 2015 peaks, Brent jumps 9.6% on the week

    Crude futures fell from 2015 peaks in choppy trading on Friday, but Brent's 9.6 percent weekly gain was its biggest in more than five years as Middle East turmoil and signs of lower US production lifted prices.

  • See U-shaped recovery in crude; don't short: Barclays

    Miswin Mahesh, energy analyst, Barclays says oil supply may double if Iran's sanctions are eased. The surplus as of now is 1.2 million barrels per day.

  • Nifty likely to open weak; SBI, aviation stocks in focus

    In the US, Wall Street closed lower on Friday, as a week of mixed economic data, renewed dollar strength and sharply lower oil prices made traders cautious ahead of this week's fed meeting.

  • Nifty to open in green despite negative global cues

    Globally, US markets fell for the fifth day with the S&P 500 closing below 2,000 for the first time in a month. Asian markets too are trading in the red tracking Wall Street losses with the Japanese Nikkei down almost 2 percent.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347