Morgan Stanley expects Brent crude prices to climb to $70 per barrel in the third quarter
Brent crude was up 76 cents, or 1.2%, at $61.67 a barrel by 0104 GMT, after gaining nearly 1% last week. U.S. oil rose 74 cents
Private players struggle against excessive regulation. The result is loss of investment and employment opportunities in India
The Nifty PSU bank index ended as the top laggard on the NSE, down 4.7 per cent, after surging nearly 6 per cent each over the past two days
In Bangalore, petrol and diesel prices surged by 32 paise and 35 paise respectively to Rs 93.21 and Rs 85.44
Petrol and diesel prices are revised on a daily basis in line with benchmark international price and foreign exchange rates
Lead is in overbought zone as RSI_14 is at 74, but there is no reversal chart pattern on the daily scale or divergence on momentum indicator
NEW YORK (Reuters) - Oil prices settled near 13-month highs on Tuesday, supported by a deep freeze in the U.S. South that shut wells and oil refineries in Texas.
Benchmark Brent crude slipped 37 cents
Petrol prices in Mumbai stood at Rs 95.75 on Tuesday as compared with Rs 95.46 yesterday. One litre of diesel will cost Rs 86.72 in the city
Oil prices have rallied over recent weeks also as supplies tighten
Petrol and diesel prices were hiked by 26 paise and 29 paise per litre each on Monday to touch Rs 88.99 and Rs 79.35 respectively in New Delhi
Petrol prices in Mumbai stood at Rs 94.64 on Tuesday as compared with Rs 94.36 yesterday. One litre of diesel will cost Rs 85.32 in the city
Brent futures fell 33 cents, or 0.5%, to settle at $61.14 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 44 cents, or 0.8%, to settle at $58.24.
The Brent benchmark had risen in the previous nine sessions, its longest sustained period of gains since January 2019
Natural Gas has made 'shooting star' candlestick pattern at the top end of the swing range and, consequently, retraced back
Petrol prices in Mumbai stood at Rs 94.12 on Wednesday as compared with Rs 93.83 yesterday. One litre of diesel will cost Rs 84.63 in the city
Oil also hit 13-month highs, helped by rising optimism about a return in fuel demand
It's another milestone in a stellar comeback from the biggest demand destruction in a generation after the pandemic forced countries to lock down, devastated economies and grounded planes
Platts Analytics expects India's oil demand in 2021 to recover to slightly above the level of 2019, with growth of 465,000 barrels per day in the year