Moneycontrol PRO
HomeNewsWti
Jump to
  • Crude on track for weekly fall on weak demand, West Asia tensions

    Oil prices inched up on August 2 but benchmark Brent futures are on course to fall 1.7 percent and 1.1 percent for the week

  • Oil prices jump on Israel’s decision to respond to missiles-attack by Iran

    Oil prices jump on Israel’s decision to respond to missiles-attack by Iran

    Benchmark Brent opened higher at $90.57 per barrel on April 16, up 0.52 percent from previous day’s close. It had fallen to $88.93 a barrel on the previous day on anticipation of easing geopolitical tensions in the Middle East.

  • Crude prices ease as market factors in impact of Iran-Israel war, US denial to deepen crisis

    Crude prices ease as market factors in impact of Iran-Israel war, US denial to deepen crisis

    Benchmark Brent opened at $90.26 a barrel on April 15, lower than $90.45 a barrel at which prices settled on April 12—a day before Iran’s attack on Israel. Oil prices were already trading higher in the previous week on account of tensions building up between Iran and Israel.

  • MC Exclusive Poll: Crude oil prices to remain elevated but will not breach $100 per barrel in 2023, say energy experts

    MC Exclusive Poll: Crude oil prices to remain elevated but will not breach $100 per barrel in 2023, say energy experts

    According to a poll of 12 experts from brokerages and rating agencies, retail prices of petrol and diesel in India are expected to remain in the current range.

  • Oil on track for biggest monthly gains in over a year

    Oil on track for biggest monthly gains in over a year

    Brent and WTI settled on Friday at their highest levels since April, gaining for a fifth straight week, as tightening oil supplies globally and expectations of an end to U.S. interest rate hikes supported prices.

  • NSE gets Sebi nod to launch WTI crude oil, natural gas futures contracts

    NSE gets Sebi nod to launch WTI crude oil, natural gas futures contracts

    The launch date for these contracts will be announced soon, NSE said in a release.

  • Crude oil near 3-week high; Russia to curb exports to nations imposing price cap | Commodities Live

    Crude oil near 3-week high; Russia to curb exports to nations imposing price cap | Commodities Live

    Crude oil prices rise as Russia is planning to curb exports to the countries imposing price caps from February. On the other hand, China will end quarantine requirements for inbound travelers from January 8. Also, what is the price outlook for 2023. Watch this live with Manisha Gupta to find out!

  • Oil up over 2% on tighter supply while OPEC+ talks limit gains

    Oil up over 2% on tighter supply while OPEC+ talks limit gains

    Brent crude futures rose $2.06, or 2.48% to $85.09 per barrel by 1044 GMT. The more active February Brent crude contract rose by 2.02% to $85.95.

  • Brent slips below $85/barrel amid report of OPEC countries discussing output increase

    Brent slips below $85/barrel amid report of OPEC countries discussing output increase

    Global benchmark Brent fell below $85 a barrel for the first time since September on Monday.

  • Fuel Prices on November 13: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Fuel Prices on November 13: Check petrol, diesel rates in Delhi, Mumbai and other cities

    Petrol and diesel in Delhi cost Rs 96.72 and Rs 89.62 a litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27.

  • Oil climbs 3% as dollar slips and EU ban looms

    Oil climbs 3% as dollar slips and EU ban looms

    Though fears of global recession capped gains, Brent crude futures were up $3.29, or 3.48%, at $97.96 a barrel by 1203 GMT, set for a weekly gain of more than 2%.

  • Oil ticks up in tight market but bearish signals remain

    Oil ticks up in tight market but bearish signals remain

    Brent crude futures for December settlement rose 31 cents, or 0.3%, to $90.34 a barrel by 1209 GMT. Earlier in the session, Brent hit a low of $89.32.

  • Oil slips, WTI falls below $80/barrel amid weakening demand outlook

    Oil slips, WTI falls below $80/barrel amid weakening demand outlook

    Oil is poised for the longest weekly streak of loss this year and set for its first quarterly loss in over two years

  • Fuel prices cut for first time in 2021: Petrol down by 18 paise, diesel by 17 paise

    Fuel prices cut for first time in 2021: Petrol down by 18 paise, diesel by 17 paise

    Rates have been reduced across the country and vary from state to state depending on the local incidence of taxation (VAT). Here's the city-wise price list on March 24 after the cuts:

  • Elephant deaths highlight struggle between wildlife conservation and development in Uttarakhand

    Elephant deaths highlight struggle between wildlife conservation and development in Uttarakhand

    Environmentalists attribute the state government’s silence over the death of more than 170 elephants in Uttarakhand in the past five years to the fact that it is expanding the Dehradun airport, which is close to an elephant corridor named Shivalik Elephant Reserve that has recently been denotified

  • For oil markets the US election is a non-issue, its immediate future looks bleak

    For oil markets the US election is a non-issue, its immediate future looks bleak

    Energy markets are speculating that the OPEC+ group may have little choice but to roll over the current cuts and delay the plans to ease those cuts till January 2021

  • Where is crude oil heading?

    Where is crude oil heading?

    Rising production is leading to a bearish momentum in crude oil prices

  • Oil in trouble on multiple fronts

    Oil in trouble on multiple fronts

    High supply, low demand from the biggest consumers and prolonged slump in aviation will affect prices

  • Why $40 Brent is an important barrier for oil prices

    Why $40 Brent is an important barrier for oil prices

    Oil prices show that despite the supply-side cuts, demand continues to be under pressure

  • Gopichand Hinduja expects oil to be at $40-50 once coronavirus crisis is over

    Gopichand Hinduja expects oil to be at $40-50 once coronavirus crisis is over

    The Hinduja Group operates in various industries including automotive, oil and speciality chemicals as well as banking and finance. It runs private sector lender IndusInd Bank in India.

  • What low crude oil prices mean for India

    What low crude oil prices mean for India

  • Amid crude crash, smooth sailing for oil flotillas, for now

    Amid crude crash, smooth sailing for oil flotillas, for now

    Along with falling demand, storage crunch also added to the big oil crash.

  • Covid-19| Plunging crude offers India chance to top up its strategic oil reserves in underground caverns

    Covid-19| Plunging crude offers India chance to top up its strategic oil reserves in underground caverns

    India is raising its crude oil storage capacity to equivalent of 87 days of demand, which include 67 days’ worth of commercial stocks held by refineries

  • Why this black gold has no buyers left

    Why this black gold has no buyers left

    The COVID-19 pandemic has left crude oil stranded and may have caught speculators on the wrong foot

  • Why are crude prices tumbling so fast?

    Why are crude prices tumbling so fast?

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