Moneycontrol PRO
HomeNewsWti crude

Wti Crude

Jump to
  • Oil prices retreat after report of U.S. crude stockpile rise

    Brent futures fell 36 cents, or 0.47%, to $76.64 a barrel by 0130 GMT, while U.S. West Texas Intermediate (WTI) crude declined 37 cents, or 0.5%, to $72.95 a barrel.

  • Trump's executive order and tariff threat sent crude lower, OMC shares higher

    Trump's declaration of a national energy emergency, in an effort to boost oil and gas production triggered a sharp fall in crude oil prices, with Brent falling below $80 per barrel and West Texas Intermediate near $77.

  • NSE's turnover in non-agri commodity derivatives rises 1,077% MoM in December

    In a monthly bulletin, the regulator said that this rise could be from the WTI Crude options launched by the exchange

  • NSE to launch options on WTI crude, natural gas futures contracts from October 9

    The exchange will launch November, December and January contracts for WTI crude oil on October 9 along with November and December natural gas contracts

  • Brent falls below $85 for first time since January as slowdown looms

    The Organization of the Petroleum Exporting Countries (OPEC) and its allies may consider intervening to stem the slide.

  • Major commodities, stocks tank in global markets under looming recession fears

    Oil futures sank along with equities, which often serve as demand indicator for crude, as investors fretted about the possibility of an economic downturn

  • Oil rebounds from drop on China demand concerns

    Brent crude futures were up $1.26 cents, or 1.2%, at $103.58 a barrel by 1355 GMT. U.S. West Texas Intermediate contracts were up $1.14 cents, or 1.2%, at $99.68.

  • Crude oil price slips below $95 a barrel on China lockdowns, stocks waver

    Brent fell as low as $97.44 and WTI hit $93.54, their lowest since Feb. 25.

  • Russia-Ukraine Conflict: Top oil producers hold course despite Ukraine war

    OPEC+, at monthly back-to-back meetings that lasted less than an hour, decided to stick to a decision from last year for an output target of 400,000 barrels per day for April as well.

  • Oil prices rise on reports that OPEC+ could reassess output

    Japanese and Indian officials are working on ways to release national reserves of crude oil in tandem with the United States and other major economies to dampen prices, seven government sources with knowledge of the plans told Reuters.

  • Oil gains after OPEC+ holds firm on supply

    The OPEC+ group of major producers agreed on Thursday to stick to their plan to raise oil output by 400,000 barrels per day (bpd) from December, ignoring calls from U.S. President Joe Biden for extra output to cool rising prices.

  • Oil falls sharply after big build in US inventories

    Crude stocks rose more by 3.3 million barrels in the most recent week, more than expected, but gasoline stocks fell to their lowest level since November 2017.

  • Oil prices edge towards new highs on short supply

    While China's red-hot power and coal markets have cooled somewhat after government intervention, energy prices remain elevated worldwide as temperatures fall with the onset of the northern winter.

  • Crude oil prices climb above Rs 6,100 per barrel on strong demand, supply woes

    Market participants will take further cues from weekly EIA inventory data to be released later in the day.

  • Oil whipsaws in volatile session on energy crunch fears

    Authorities from Beijing to Delhi scrambled to fill a yawning power supply gap on Tuesday, triggering global stock and bond market wobbles on worries that rising energy costs will stoke inflation.

  • Crude oil extends rally to multi-year peaks as energy crunch bites

    The pace of economic recovery from the pandemic, combined with cold weather have supercharged energy demand, coming at a time when pressure on governments to accelerate the transition to cleaner energy has slowed investment in oil projects.

  • Crude oil eases as US mulls strategic reserve sales

    US Energy Secretary Jennifer Granholm said on Wednesday that the administration is considering tapping the country's Strategic Petroleum Reserve (SPR) to cool a surge in gasoline prices, the Financial Times reported.

  • Crude oil retreats from multi-year highs after US stock build

    On Monday, OPEC, Russia and other allies, known as OPEC+, chose to stay with a plan to increase output gradually and not boost it further as the United States and other consumer nations have been urging.

  • Crude oil prices retreat after touching fresh 52 week high of Rs 5,956/barrel

    The momentum indicator Relative Strength Index is at 77.54, which indicates an overbought level in the prices.

  • Crude oil above Rs 5,800 a barrel, highest since 2014

    Brent crude has given a breakout above the 50-day moving average, suggesting further upside. OPEC decision to gradually hike production and increasing global demand are expected to support prices, say experts

  • OPEC+ sticks to plan for gradual output hike, oil price roars higher

    OPEC+ ministers "reconfirmed the production adjustment plan" previously agreed for adding 400,000 bpd in November, the group said in a statement issued after their online ministerial talks.

  • Crude oil prices rise on high demand, dollar downtick; Brent crosses $81 a barrel

    The momentum indicator Relative Strength Index is at 70.70, which indicates a buy in the prices.

  • Crude oil prices climb above Rs 5,500/barrel on firm demand, supply concerns; Brent trades above $78/bbl

    Purohit expects the prices to trade with bullish bias in the evening hours and trade near Rs 5,600 levels.

  • Crude oil prices up on supply concerns, higher demand; WTI trades above $70/bbl

    Crude oil prices are expected to trade up for the day with resistance at $73 and support at $70 per barrel, said Patel.

  • Crude oil price tumbles 2% on selloff in commodity and equities; Brent trades below $75/bbl

    "Crude has turned choppy after the recent rally and we may see some extended correction if equities remain under pressure," said Ravindra Rao, CMT, EPAT, VP- Head Commodity Research at Kotak Securities.

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