Tag archive for ‘oil’
By admin On Tuesday, January 7th, 2020
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High oil prices pose threat to improvement in Indian CAD: Report

SINGAPORE: Markets view the rally in Brent oil prices, triggered by geopolitical tensions, as a threat to the improvement in India’s FY20 current account deficit and forecasts for a balance of payment surplus, More...

By admin On Tuesday, December 24th, 2019
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Crude Oil Prices: Trade deal boost tapering off for crude oil market

Oil traded on a positive note last week, as easing US-China trade concerns fuelled bullish sentiment in the market. Prices have been rising since early December when the Opec and allied producers pledged deeper More...

By admin On Tuesday, December 24th, 2019
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Share market update: Manaksia Steels, Oil Country Tub among top gainers on BSE

NEW DELHI: The domestic equity index BSE Sensex was trading 49.31 points up at 41,691.97 on account of buying in frontline bluechip counters. Shares of MVL (up 100.00 per cent), Patspin India (up 17.19 per cent), More...

By admin On Monday, December 23rd, 2019
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Oil price: Oil slides as Russia touts easing Opec+ output

NEW YORK: Oil prices fell on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor optimism that an initial U.S.-China trade deal would More...

By admin On Friday, December 20th, 2019
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crude oil futures: Crude oil futures marginally up on positive global cues

Crude oil prices on Friday rose marginally by Re 1 to Rs 4,361 per barrel as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher More...

By admin On Thursday, December 19th, 2019
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Agri Commodities: Soybean, soya oil, guar seed rise in futures trade amid strong demand

Soybean prices on Thursday rose by Rs 6 to Rs 4,260 per quintal in futures market as traders created fresh positions on strong demand. On the National Commodity and Derivatives Exchange, soybean for December More...

By admin On Wednesday, December 18th, 2019
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oil prices: Oil skids as US inventories pile up, but demand hopes stem bigger drop

Oil prices dropped on Wednesday after US industry data showed a surprise build in crude inventories, but expectations for firmer demand next year kept losses in check. Brent crude futures dropped 38 cents, or More...

By admin On Wednesday, December 18th, 2019
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Oil supply cuts: Saudi Arabia, UAE swayed Russia for Opec+ cuts at Abu Dhabi F1 race

DUBAI/LONDON: Saudi Arabia turned to its Gulf ally the United Arab Emirates when it needed help convincing Russia to sign on to deeper oil supply cuts at this month’s Opec meeting. The UAE‘s de-facto More...

By admin On Wednesday, December 18th, 2019
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Agri Commodities: Soya oil, mustard fall in futures amid sluggish demand

Soybean prices rose by Rs 18 to Rs 4,274 per quintal in futures market on Wednesday as traders created fresh positions on strong demand. On the National Commodity and Derivatives Exchange, soybean for December More...

By admin On Wednesday, December 18th, 2019
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Palm Oil: Palm oil’s changing fortunes signal brighter outlook in 2020

By Anuradha Raghu The tide appears to have turned for the world’s most-consumed edible oil. Just five months ago, benchmark futures in Malaysia languished at four-year lows as investors fretted about stubbornly More...