Business Standard

Page 32 - Crude Oil Price

Gold immune to US Prez election, stimulus package key trigger: Bhavik Patel

Rising coronavirus cases, especially in Europe, are keeping gold supported, more so because of the possible economic fallout

Gold immune to US Prez election, stimulus package key trigger: Bhavik Patel
Updated On : 29 Oct 2020 | 8:09 AM IST

Crude oil price rebound may come in late 2021, says pipeline giant

A historic crash in oil prices along with a glut of fracking after years of debt-fueled growth has triggered a crisis that's driven some US producers into bankruptcy

Crude oil price rebound may come in late 2021, says pipeline giant
Updated On : 29 Oct 2020 | 1:06 AM IST

GAIL, ONGC look to firm up strategies for low oil and gas price regime

India aims to more than double its gas consumption by 2030

GAIL, ONGC look to firm up strategies for low oil and gas price regime
Updated On : 27 Oct 2020 | 11:35 PM IST

Oil prices slip as worries mount over rising Covid cases in US, Europe

Brent was down 99 cents, or 2.37 per cent, at $40.78 by 8.28 pm IST. US West Texas Intermediate (WTI) dropped $1.13, or 2.84 per cent, to $38.72. Both contracts fell almost 2.5% last week

Oil prices slip as worries mount over rising Covid cases in US, Europe
Updated On : 27 Oct 2020 | 1:09 AM IST

Oil falls more than 1% as surging Covid-19 cases stoke demand fears

Brent fell 2.7% last week and WTI dropped 2.5%

Oil falls more than 1% as surging Covid-19 cases stoke demand fears
Updated On : 26 Oct 2020 | 8:07 AM IST

Brazil soars to China's No. 3 crude oil supplier in Sept, overtakes Iraq

Saudi Arabia regained the top spot in China's oil purchases last month after losing that rank to Russia for the previous two months, data showed

Brazil soars to China's No. 3 crude oil supplier in Sept, overtakes Iraq
Updated On : 25 Oct 2020 | 1:14 PM IST

Oil prices slip on weaker demand outlook after US gasoline stocks build

U.S. West Texas Intermediate (WTI) crude futures fell 27 cents, or 0.7%, to $39.76 a barrel at 0127 GMT, after skidding 4% on Wednesday

Oil prices slip on weaker demand outlook after US gasoline stocks build
Updated On : 22 Oct 2020 | 8:25 AM IST

Oil prices slide as US inventory report reflects demand weakness

Brent crude futures settled at $41.73 a barrel, down $1.43, or 3.3 per cent

Oil prices slide as US inventory report reflects demand weakness
Updated On : 22 Oct 2020 | 2:11 AM IST

Oil prices slip as US inventory build stokes fears of supply glut

Crude inventories rose by 584,000 barrels in the week to Oct. 16 to 490.6 million barrels, data from industry group the American Petroleum Institute (API) showed

Oil prices slip as US inventory build stokes fears of supply glut
Updated On : 21 Oct 2020 | 8:51 PM IST

Crude oil prices fall after US inventory build feeds oversupply fears

Adding to pressure, worldwide COVID-19 cases crossed 40 million on Tuesday, with some parts of Europe imposing renewed lockdown measures

Crude oil prices fall after US inventory build feeds oversupply fears
Updated On : 21 Oct 2020 | 8:11 AM IST

Iraq flags oil project delays, sees recovery next year: Minister

"I think quarter two, 2021 will be more attractive to every aspect of our business," Ihsan Abdul Jabbar told the CWC Iraq Petroleum conference

Iraq flags oil project delays, sees recovery next year: Minister
Updated On : 20 Oct 2020 | 8:13 PM IST

Oil prices drop for fourth day as Covid-19 second wave worries intensify

Brent crude futures fell 30 cents, or 0.7%, to $42.32 a barrel by 0149 GMT, after falling 31 cents on Monday

Oil prices drop for fourth day as Covid-19 second wave worries intensify
Updated On : 20 Oct 2020 | 8:31 AM IST

Oil prices hold gains after US inventory drops, Opec complies with curb

Oil markets climbed for a third day despite a resurgence in Covid-19 infections across Europe potentially denting fuel demand

Oil prices hold gains after US inventory drops, Opec complies with curb
Updated On : 15 Oct 2020 | 10:59 AM IST

Trading strategies for zinc and nickel by Tradebulls Securities

On the daily scale, Zinc has witnessed a crossover of 20 and 50 EMA, suggesting fresh sign of bullishness

Trading strategies for zinc and nickel by Tradebulls Securities
Updated On : 15 Oct 2020 | 8:22 AM IST

Oil prices steady as rising coronavirus cases stokes demand concerns

Brent crude futures for December fell by 8 cents, or 0.2%, to $42.37 a barrel by 0142 GMT while US

Oil prices steady as rising coronavirus cases stokes demand concerns
Updated On : 14 Oct 2020 | 8:55 AM IST

Oil prices extend losses as US producers restore output post-hurricane

Brent crude for December fell 32 cents, or 0.8%, to $42.53 a barrel by 0347 GMT and US West Texas Intermediate for November was at $40.30 a barrel, down 30 cents, or 0.7%

Oil prices extend losses as US producers restore output post-hurricane
Updated On : 12 Oct 2020 | 9:42 AM IST

Libya govt gets ready to pump more oil as it reopens biggest field

The National Oil Corp., Libya's state energy company, lifted force majeure on the western deposit of Sharara and instructed its operator to resume production, according to a statement on Sunday

Libya govt gets ready to pump more oil as it reopens biggest field
Updated On : 12 Oct 2020 | 1:40 AM IST

Trading strategies for crude oil and zinc by Tradebulls Securities

Crude oil has made 'Piercing line' candlestick pattern on daily scale, which has bullish implementation

Trading strategies for crude oil and zinc by Tradebulls Securities
Updated On : 08 Oct 2020 | 8:28 AM IST

Oil prices decline over 2% on US stimulus impasse, stockpile rise

Brent crude futures were down $1.05, or 2.5 per cent, to $41.60 a barrel by 7.33 pm (IST) and US West Texas Intermediate (WTI) crude declined $1.19, or 2.9 per cent, to $39.48

Oil prices decline over 2% on US stimulus impasse, stockpile rise
Updated On : 07 Oct 2020 | 10:22 PM IST

Oil prices slide as Trump cancels aid talks, US crude stocks expand

US West Texas Intermediate crude oil futures fell 87 cents, or 2.1%, to $39.80 a barrel by 0104 GMT while Brent crude futures fell by 74 cents, or 1.7%, to $41.91 a barrel

Oil prices slide as Trump cancels aid talks, US crude stocks expand
Updated On : 07 Oct 2020 | 8:00 AM IST