MELBOURNE (Reuters) - Oil prices were steady on Tuesday with investors betting tight supply and rising vaccination rates will help offset any impact on demand due to surging COVID-19 cases worldwide.
In New Delhi, petrol is selling at Rs 101.84 per litre. In Mumbai, the price stands at Rs 107.83
A breakout above Rs 2,160 may result in a sharp upside towards Rs 2,250 and Rs 2300 levels in Reliance Industries' stock
In New Delhi, the price stands at Rs 101.84 per litre. In Mumbai, the prices are retailing at Rs 107.83
SINGAPORE (Reuters) - Oil prices were little changed on Monday as investors balanced concerns about fuel demand from the spread of COVID-19 variants and floods in China against expectations of tight supplies through the rest of the year.
LONDON (Reuters) -Oil slipped further below $74 a barrel on Friday but was on track to end the week little changed after a surprising recovery from Monday's slide, underpinned by expectations that supply will remain tight as demand recovers.
Brent crude gained 50 cents to $72.73 a barrel by 11:10 a.m. EDT (1510 GMT)
Share of Asian Paints and Berger Paints recorded new all-time highs in trade on Thursday
Brent crude futures had gained $2.53, or 3.65 per cent, to $71.88 a barrel by 18.41 pm IST
Signs of delta's continued impact on energy abound.
The Delta coronavirus variant is now the dominant strain worldwide, U.S. officials said on Friday.
RIL's board is scheduled to consider and approve the unaudited financial results for Q1 on Friday.
Futures in New York fell 0.6 per cent toward $71 a barrel after closing at the lowest in a month on Thursday
U.S. crude for August rose 42 cents, or 0.6%, to $72.07 a barrel, on track for a 3.4% decline, its largest weekly drop since April.
Futures in New York traded near $75 a barrel after rising 1.6% on Tuesday
The dent due to rising petrol and diesel prices comes at a time when most households across the country are grappling with higher medical expenses due to the Covid pandemic and rising commodity prices
The IEA said market volatility stoked by the impasse served neither producers nor consumers and that while higher fuel prices could provide an impetus to developing more renewable energy
NEW YORK (Reuters) -Oil prices rose on Thursday, rebounding from early losses after U.S. government data showed a much bigger drop than expected in crude and gasoline inventories.
Any breach below 1,340-1,350 would crash Nickel's prices till 1,300
Domestic production of oil and gas has been lagging