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Jan 21, 2021 10:50 PM IST

Oil dips after unexpected build in US crude stockpiles

Official inventory data has been delayed by two days to Friday due to the Martin Luther King Jr. holiday and Inauguration Day.

Jan 21, 2021 05:19 PM IST

Crude oil futures drop 1% to Rs 3,871 per barrel on weak demand, rise in US inventory

In the futures market, crude oil for February delivery touched an intraday high of Rs 3,896 and an intraday low of Rs 3,864 per barrel on MCX.

Jan 18, 2021 04:50 PM IST

Crude oil futures rise 0.37% to Rs 3,839 per barrel, WTI trades flat at $52.42

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,847 and an intraday low of Rs 3,801 per barrel on MCX.

Jan 16, 2021 04:28 PM IST

Crude oil price rises 0.74% this week on MCX, Brent slips below $55 a barrel

Crude oil prices capped upside as a surge in virus cases across the world and lockdown measures in China raised concerns over fuel demand recovery.

Jan 15, 2021 04:28 PM IST

Crude oil futures down nearly 1% at Rs 3,866 per barrel on weak demand

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,918 and an intraday low of Rs 3,858 per barrel on MCX.

Jan 14, 2021 04:56 PM IST

Crude oil futures steady at Rs 3,863, Brent trades above $56 a barrel

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,894 and an intraday low of Rs 3,837 per barrel on the MCX.

Jan 11, 2021 04:07 PM IST

Crude oil futures flat at Rs 3,799 a barrel on demand concerns

Crude oil prices are likely to trade sideways to up with support at $50 and resistance at $53, say experts.

Jan 09, 2021 05:29 PM IST

Crude oil climbs 7.42% this week on MCX as bias remains bullish, Brent closes above $56 a barrel

Crude oil prices were supported by risk-on sentiments with strong equity indices and recovery in US bond yields.

Jan 08, 2021 05:40 PM IST

Crude oil futures firm at Rs 3,750; WTI trades above $51 a barrel

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,770 and an intraday low of Rs 3,738 per barrel on MCX.

Jan 07, 2021 05:19 PM IST

Crude oil futures touch January series high of Rs 3,755, Brent trades near $55 a barrel

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,755 and an intraday low of Rs 3,722 per barrel on the MCX.

Jan 04, 2021 05:18 PM IST

Crude oil futures up 1.53% to Rs 3,581, Brent trades above $52 a barrel

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,643 and an intraday low of Rs 3,567 per barrel on MCX.

Jan 02, 2021 04:27 PM IST

Crude oil futures fall 0.76% to Rs 3,527 per barrel this week; outlook bullish

Patel expects crude oil prices to trade with bullish bias in the coming week while prices are currently holding the trading range of $47-$50 per barrel.

Jan 01, 2021 05:05 PM IST

Crude oil futures jump 0.34% to Rs 3,536 per barrel in afternoon trade

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,559 and an intraday low of Rs 3,528 per barrel on MCX.

Dec 31, 2020 04:38 PM IST

Crude oil futures up 0.4% to Rs 3,532; WTI may hit $52/bbl in 2021

The year 2021 will see normalisation of demand and supply. Demand recovery depends on how quickly the virus outbreak is controlled.

Dec 26, 2020 05:36 PM IST

Crude oil futures slide 1.67% to Rs 3,551 per barrel this week, faces key resistance at Rs 3,680

Patel expects crude oil prices to trade sideways to down in coming week over mixed global cues and New Year holidays.

Dec 24, 2020 04:18 PM IST

Crude oil futures slip 0.6% to Rs 3,545 per barrel, support seen at Rs 3,520

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,590 and an intraday low of Rs 3,528 per barrel on MCX.

Dec 21, 2020 04:13 PM IST

New coronavirus strain: Crude oil futures tank nearly 5% to Rs 3,440 as fear of spread rises

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,554 and an intraday low of Rs 3,436 per barrel on MCX.

Dec 19, 2020 06:10 PM IST

Crude oil futures surge 5.23% to Rs 3,619 per barrel in the week, outlook bullish for next week

In the futures market, crude oil for January delivery touched an intraday high of Rs 3,639 and an intraday low of Rs 3,560 per barrel on MCX.

Dec 18, 2020 06:11 PM IST

Crude oil futures firm at Rs 3,555, Brent trades above $51 a barrel

In the futures market, crude oil for December delivery touched an intraday high of Rs 3,566 and an intraday low of Rs 3,529 per barrel on MCX.

Dec 14, 2020 04:28 PM IST

Crude oil futures rise nearly 1% to Rs 3,468 on vaccine optimism, Brent trades above $50 a barrel

In the futures market, crude oil for December delivery touched an intraday high of Rs 3,487 and an intraday low of Rs 3,441 per barrel on MCX.

Dec 11, 2020 05:26 PM IST

Crude oil futures down nearly 1% at Rs 3,471, Brent trades above $50 a barrel

In the futures market, crude oil for December delivery touched an intraday high of Rs 3,480 and an intraday low of Rs 3,433 per barrel on MCX.

Dec 10, 2020 09:44 PM IST

Oil rises to $50 for first time since March on vaccine optimism

Oil has recovered from historic lows reached in April when the pandemic hammered demand, helped by a record supply-cut deal by the Organization of the Petroleum Exporting Countries and allies, known as OPEC+.

Dec 10, 2020 04:26 PM IST

Crude oil futures up marginally at Rs 3,390, WTI inches closer to $46 a barrel

In the futures market, crude oil for December delivery touched an intraday high of Rs 3,393 and an intraday low of Rs 3,360 per barrel on MCX.

Dec 07, 2020 04:47 PM IST

Crude oil futures fall 0.59% to Rs 3,387, Brent trades below $49 a barrel

In the futures market, crude oil for December delivery touched an intraday high of Rs 3,407 and an intraday low of Rs 3,358 per barrel on the MCX.

Dec 06, 2020 03:19 PM IST

Crude oil futures soar 2.43% to Rs 3,415 per barrel in the week, Brent nears $50 mark

MCX iCOMDEX Crude Oil Index inched higher 25.27 points, or 0.68 percent, to close at 3,912.16.