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  • Crude oil futures up nearly 3%, Brent trades above $36 a barrel May 21, 2020 06:24 PM IST

    Crude oil futures up nearly 3%, Brent trades above $36 a barrel

    In the futures market, crude oil for June delivery touched an intraday high of Rs 2,629 and an intraday low of Rs 2,557 per barrel on the MCX

  • Crude oil futures up 2.25%, Brent above $35 a barrel May 20, 2020 03:32 PM IST

    Crude oil futures up 2.25%, Brent above $35 a barrel

    In the futures market, crude oil for June delivery touched an intraday high of Rs 2,465 and an intraday low of Rs 2,417 per barrel on MCX

  • Crude oil futures trade steady, Brent inches towards $35/bbl levels May 19, 2020 04:02 PM IST

    Crude oil futures trade steady, Brent inches towards $35/bbl levels

    In the futures market, crude oil for June delivery touched an intraday high of Rs 2,467 and an intraday low of Rs 2,372 per barrel on the MCX

  • Crude oil futures up nearly 6%, WTI trades above $31 a barrel May 18, 2020 03:43 PM IST

    Crude oil futures up nearly 6%, WTI trades above $31 a barrel

    The value of May and June contracts traded so far is Rs 686.02 crore and Rs 217.11 crore, respectively.

  • Crude oil futures gain 3.99%, up 168.67% from April lows May 15, 2020 03:49 PM IST

    Crude oil futures gain 3.99%, up 168.67% from April lows

    MCX May crude futures have gained 168.67 percent from the low of Rs 795 it hit on April 28.

  • Crude futures gain 4.19%, WTI trades above $26 a barrel May 14, 2020 03:27 PM IST

    Crude futures gain 4.19%, WTI trades above $26 a barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,994 and an intraday low of Rs 1,919 per barrel.

  • Crude oil futures slip 1.75%, Brent trades below $30 a barrel May 13, 2020 03:26 PM IST

    Crude oil futures slip 1.75%, Brent trades below $30 a barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,949 and an intraday low of Rs 1,896 per barrel on MCX.

  • Crude oil futures gain 2.22%, Brent crude trades above $30/barrel May 12, 2020 03:47 PM IST

    Crude oil futures gain 2.22%, Brent crude trades above $30/barrel

    The value of May and June contracts traded so far is Rs 622 crore and Rs 15.35 crore, respectively.

  • Saudi Arabia to cut June oil output by an extra 1 million barrels per day: Ministry May 11, 2020 08:00 PM IST

    Saudi Arabia to cut June oil output by an extra 1 million barrels per day: Ministry

    Global oil demand has slumped by about 30 percent as the coronavirus pandemic has curtailed movement across the world, building up inventories globally.

  • Crude oil futures dip 0.44%, Brent slips below $30 per barrel May 11, 2020 04:07 PM IST

    Crude oil futures dip 0.44%, Brent slips below $30 per barrel

    Crude oil for May delivery touched an intraday high of Rs 1,889 and an intraday low of Rs 1,805 per barrel on the MCX

  • Crude oil futures gain 1.31%, Brent trades above $30/barrel May 08, 2020 03:34 PM IST

    Crude oil futures gain 1.31%, Brent trades above $30/barrel

    Patel expect oil prices to face resistance near $27 and support at $22. "MCX May Crude Oil futures has support at Rs 1,700 and resistance at Rs 1,950."

  • Crude futures up nearly 5%, WTI steady near $25/barrel May 07, 2020 03:35 PM IST

    Crude futures up nearly 5%, WTI steady near $25/barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,876 and an intraday low of Rs 1,785 per barrel on MCX.

  • Oil dives more than 5%, below $30 a barrel as glut grows May 06, 2020 10:32 PM IST

    Oil dives more than 5%, below $30 a barrel as glut grows

    Brent was down $1.90, or 6.2 percent, at $29.07 a barrel, reversing course after rising in the past six sessions. West Texas Intermediate (WTI) crude fell $1.30, or 5.4 percent, to $23.26.

  • Crude oil futures gain 4.6%, WTI trades above $25/barrel May 06, 2020 03:37 PM IST

    Crude oil futures gain 4.6%, WTI trades above $25/barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,964 and an intraday low of Rs 1,845 per barrel on the MCX

  • Crude oil futures gain nearly 11%, Brent crude inching closer to $30/barrel May 05, 2020 04:12 PM IST

    Crude oil futures gain nearly 11%, Brent crude inching closer to $30/barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,741 and an intraday low of Rs 1,600 per barrel on the MCX

  • Crude oil futures down nearly 8%, WTI slips below $20 May 04, 2020 04:11 PM IST

    Crude oil futures down nearly 8%, WTI slips below $20

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,473 and an intraday low of Rs 1,386 per barrel on MCX.

  • Crude oil futures up 17.34%, WTI surges above $20 per barrel May 01, 2020 06:48 PM IST

    Crude oil futures up 17.34%, WTI surges above $20 per barrel

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,551 and an intraday low of Rs 1,360 per barrel on MCX.

  • Oil sellers add new 'zero price' clause in contracts in Asia Apr 30, 2020 07:42 PM IST

    Oil sellers add new 'zero price' clause in contracts in Asia

    The new clause comes as sellers in Asia seek to protect their interests, as prices of some physical crude grades sold in the region have fallen to close to $10 a barrel due to heavy discounts, the sources said.

  • Crude oil futures jump 12% in afternoon trade Apr 30, 2020 03:33 PM IST

    Crude oil futures jump 12% in afternoon trade

    Oil prices may trade higher in short term with resistance at $20. MCX May crude futures has support at Rs 1,100 with resistance at Rs 1500, say experts.

  • Crude oil futures gain 10% in afternoon trade Apr 29, 2020 03:56 PM IST

    Crude oil futures gain 10% in afternoon trade

    In the futures market, crude oil for May delivery touched an intraday high of Rs 1,125 and an intraday low of Rs 1,030 per barrel on MCX.

  • Crude oil futures falls for second day in a row on storage concerns Apr 28, 2020 03:44 PM IST

    Crude oil futures falls for second day in a row on storage concerns

    Crude oil prices are being haunted by swelling supplies with the world running out of storage capacity. Demand is at multi-year lows due to most global economies under lockdown due to COVID-19 crisis

  • Crude oil futures resume downward march on swelling inventories Apr 27, 2020 03:17 PM IST

    Crude oil futures resume downward march on swelling inventories

    Global trading hubs are running out of storage options which may continue the selling pressure on crude oil prices. MCX May crude oil futures may seek support near Rs 900 with resistance at Rs 1,400 per barrel, Patel said.

  • Crude oil futures decline marginally in afternoon trade Apr 24, 2020 03:01 PM IST

    Crude oil futures decline marginally in afternoon trade

    The value of May and June contracts traded so far is Rs 1,198.68 crore and Rs 73.86 crore, respectively.

  • Crude oil futures gain 30% in afternoon trade Apr 23, 2020 03:08 PM IST

    Crude oil futures gain 30% in afternoon trade

    "The demand in the global market seems dicey with rising reports of COVID-19 infections on a daily basis. Oil prices are likely to plunge in May as well," said Sumeet Bagadia, Executive Director, Choice Broking

  • Whether OPEC+ formally agrees, deeper oil cuts now look inevitable Apr 22, 2020 08:24 PM IST

    Whether OPEC+ formally agrees, deeper oil cuts now look inevitable

    Rystad Energy's analyst Christopher Page estimated about 400 million barrels of crude storage capacity remained available, much of it in the United States, while stocks were building at a rate of 26.5 million bpd in April.

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