Business Standard

Page 29 - Crude Oil Price

Asian shares near all-time peak, oil heads to $60 on economic revival hopes

Japan's Nikkei climbed 0.3% while Australian shares advanced 0.5% led by technology and mining shares

Asian shares near all-time peak, oil heads to $60 on economic revival hopes
Updated On : 08 Feb 2021 | 8:04 AM IST

Petrol price remains stable at Rs 86.95 after hitting record in New Delhi

Petrol prices in Mumbai stood at Rs 93.49 on Saturday-- the same as yesterday. One litre of diesel will cost Rs 83.99 in the city

Petrol price remains stable at Rs 86.95 after hitting record in New Delhi
Updated On : 06 Feb 2021 | 9:51 AM IST

Oil prices hit highest level in a year on growth hopes, OPEC+ cuts

New orders for US-made goods rose more than expected in December, pointing to continued strength in manufacturing

Oil prices hit highest level in a year on growth hopes, OPEC+ cuts
Updated On : 05 Feb 2021 | 8:27 PM IST

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai

Petrol price soared by 30 paise to Rs 86.95 a litre in the national capital on Friday. This marks the highest ever price at which petrol has been sold in New Delhi

Petrol hits all-time high of Rs 86.95 in Delhi, touches Rs 93.49 in Mumbai
Updated On : 05 Feb 2021 | 10:00 AM IST

Oil prices gain on continued cuts from OPEC+ and US stocks draw

The market was further bolstered by news that Democrats in the US Congress took the first steps toward advancing President Joe Biden's proposed $1.9 trillion coronavirus aid plan

Oil prices gain on continued cuts from OPEC+ and US stocks draw
Updated On : 04 Feb 2021 | 8:19 PM IST

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel

CME has raised margin for silver to push back any more speculative moves

Cut exposure in Silver amid short-squeeze-driven volatility: Bhavik Patel
Updated On : 04 Feb 2021 | 7:40 AM IST

Oil prices rise by 1% as producers commit to slashing fuel output

Brent crude was up 51 cents, or 0.9%, at $56.86 a barrel by 0134 GMT, while U.S. oil gained 53 cents, or 1%, to $54.08 a barrel

Oil prices rise by 1% as producers commit to slashing fuel output
Updated On : 02 Feb 2021 | 8:44 AM IST

Oil prices steady with market structure pointing to tight supply

Saudi Arabia and Iraq are throttling back supplies next month as the OPEC+ coalition seeks to shore up prices against resurgent virus infections and new lockdowns

Oil prices steady with market structure pointing to tight supply
Updated On : 27 Jan 2021 | 11:34 PM IST

Oil slips as Covid-19 and demand concerns weigh ahead of supply report

American Petroleum Institute said on Tuesday that US crude inventories fell by 5.3 million barrels. Analysts expect them to rise in a Reuters poll ahead of official inventory figures due at 1530 GMT

Oil slips as Covid-19 and demand concerns weigh ahead of supply report
Updated On : 27 Jan 2021 | 9:10 PM IST

Oil refiners on the margin amid rising crude prices, muted demand

Indian majors have to balance between rising crude prices, muted demand and heavy central and state levies on retail prices

Oil refiners on the margin amid rising crude prices, muted demand
Updated On : 27 Jan 2021 | 6:10 AM IST

Petrol hits all-time high of Rs 86.05 in Delhi, touches Rs 92.62 in Mumbai

Petrol prices in Mumbai stood at Rs 92.62 on Tuesday as compared with Rs 92.28 yesterday. One litre of diesel will cost Rs 83.03 in the city. In Chennai, petrol inched up 31 paise to sell at Rs 88.60

Petrol hits all-time high of Rs 86.05 in Delhi, touches Rs 92.62 in Mumbai
Updated On : 26 Jan 2021 | 1:31 PM IST

Oil prices edge lower amid doubts over US stimulus, rising Covid cases

Brent crude was down 15 cents at $55.73 by 0135 GMT, having risen nearly 1% on Monday. U.S. crude was also lower, dropping 5 cents to $52.72 oil is caught between lingering doubts over any recovery in

Oil prices edge lower amid doubts over US stimulus, rising Covid cases
Updated On : 26 Jan 2021 | 8:12 AM IST

Oil prices fall for second session as Covid lockdown concerns cast pall

Brent crude futures for March fell 15 cents, or 0.3%, to $55.26, while U.S. West Texas Intermediate crude for March was at $52.19 a barrel, down 8 cents, or 0.2%

Oil prices fall for second session as Covid lockdown concerns cast pall
Updated On : 25 Jan 2021 | 8:52 AM IST

Oil falls on China's Covid-19 cases, fresh restrictions, high crude build

Brent crude futures declined 60 cents, or 1.1 per cent, to US$55.50 a barrel

Oil falls on China's Covid-19 cases, fresh restrictions, high crude build
Updated On : 23 Jan 2021 | 6:39 AM IST

Oil declines 2% as China coronavirus cases trigger clampdowns

The market is awaiting official oil inventory data from the U.S. Energy Information Administration (EIA) on Friday

Oil declines 2% as China coronavirus cases trigger clampdowns
Updated On : 22 Jan 2021 | 8:13 PM IST

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel

Gold will trade in range until market gets more clarity on the new Joe Biden-administration's policies

Near-term gains in gold, silver limited amid dollar strength: Bhavik Patel
Updated On : 21 Jan 2021 | 7:47 AM IST

Oil above $56 on US stimulus hopes ahead of Joe Biden inauguration

US Treasury Secretary nominee Janet Yellen on Tuesday urged lawmakers to "act big" on pandemic relief spending

Oil above $56 on US stimulus hopes ahead of Joe Biden inauguration
Updated On : 20 Jan 2021 | 8:34 PM IST

Oil rise on hopes of US Covid-19 stimulus and crude stocks drawdown

U.S. West Texas Intermediate (WTI) crude futures climbed 37 cents, or 0.7%, to $53.35 a barrel at 0427 GMT, building on a 1.2% rise on Tuesday

Oil rise on hopes of US Covid-19 stimulus and crude stocks drawdown
Updated On : 20 Jan 2021 | 12:10 PM IST

Oil gains on stimulus optimism ahead of Joe Biden's inauguration

NEW YORK (Reuters) - Oil prices climbed with U.S. stock markets on Tuesday ahead of Joe Biden's inauguration as U.S. president on optimism that more government stimulus will eventually lift global economic growth.

Oil gains on stimulus optimism ahead of Joe Biden's inauguration
Updated On : 20 Jan 2021 | 2:14 AM IST

Brent oil rises on weaker dollar though IEA cuts demand outlook

Consumption in the first quarter of 2021 will be 600,000 barrels a day lower than previously thought, the agency said as the coronavirus outbreak continues to impede people's movements

Brent oil rises on weaker dollar though IEA cuts demand outlook
Updated On : 20 Jan 2021 | 12:13 AM IST