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Crude Oil Page-2

India's crude oil imports fall, product exports surge in April

Oil product imports dropped 6.5% to 3.35 million tonnes, their first year-on-year decline in 16 months

23 May 2020 9:22 AM

Foreign investors pull out $26 billion from Asian economies, $16 billion from India

The small decline in orders in March is likely to give way to a collapse in investment across this quarter

20 May 2020 12:47 PM

Petrol and diesel sales shrink in April; demand expected to pick up this month

The demand is expected to further pick up as more areas were opened up on Monday

04 May 2020 4:11 PM

Oil jumps to highest in more than a week after Libyan shutdowns

Brent crude LCOc1 futures were up by 74 cents, or 1.1 per cent, to 65.59 by 0331 GMT, having earlier reached USD 66.00 a barrel.

20 Jan 2020 11:11 AM

Oil dips on easing US-Iran tensions, eyes on China trade deal

Brent crude was down 13 cents, or 0.2 per cent, at USD 64.85 per barrel.

13 Jan 2020 11:48 AM

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Oil edges up after plunge, as market recovers poise

US oil added 61 cents, or 1 per cent, to USD 60.22 after falling nearly 5 per cent in the previous session.

09 Jan 2020 9:59 AM

Oil drops more than 1 per cent as investors recalibrate risk in Mideast

Prices were also supported by higher compliance among the OPEC on meeting production quota curbs aimed at reducing supply.

07 Jan 2020 10:04 AM

Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

Brent crude futures soared to a high of USD 70.27 a barrel at 0222 GMT, up USD 1.67, or 2.4 per cent.

06 Jan 2020 10:59 AM

Oil prices soar more than 4 per cent after Iranian general killed

Brent surged 4.4 per cent to USD 69.16 and WTI jumped 4.3 per cent to 63.84.

03 Jan 2020 12:08 PM

Crude oil futures gain on spot demand, global cues

Analysts said fresh bets created by participants kept crude prices higher in futures trade.

27 Dec 2019 2:30 PM

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Oil rises, supported by trade deal, OPEC cuts

West Texas Intermediate was up 20 cents, or 0.3 per cent, at USD 61.31 a barrel.

26 Dec 2019 10:44 AM

India's November oil import growth fastest in seven months: report

India’s November oil imports rose 12.7 per cent to 19.17 million tonnes (about 4.7 million barrels per day).

25 Dec 2019 10:55 AM

Crude oil futures slip on domestic cues

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders.

20 Dec 2019 12:56 PM

Crude oil futures slip on weak global cues

Analysts said the fall in crude oil futures was mostly due to trimming of positions by traders amid weak global cues.

18 Dec 2019 12:58 PM

Crude oil futures gain marginally on global cues

Analysts said raising of bets by participants kept crude prices higher in futures trade here.

17 Dec 2019 1:08 PM

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Crude oil futures slip on weak global cues

Marketmen said the fall in crude oil futures was mostly due to trimming of positions by traders in tandem with a weak trend overseas.

09 Dec 2019 3:25 PM

Crude oil futures slip on weak global cues

The fall in crude oil futures was mostly due to trimming of positions by traders, in line with weak global cues, analysts said.

06 Dec 2019 1:59 PM

Oil drops as market awaits ratification of OPEC+ supply cut

The group has been withholding 1.2 million bpd and the increased amount represents about 1.7 per cent of global oil output.

06 Dec 2019 9:56 AM

Crude oil futures slip on domestic cues

On the Multi Commodity Exchange, crude oil prices for December delivery dropped by Rs 12, or 0.29 per cent, to Rs 4,157 per barrel.

25 Nov 2019 1:49 PM

Oil rises amid optimism over OPEC supply cuts, hopes on US-China trade

OPEC+ on Jan 1 this year cut output by 1.2 million barrels per day (bpd), and in July, renewed the pact until March 2020.

15 Nov 2019 3:41 PM

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