Category: Oil
Oil News and Analysis from varies commodity news media, we summarize all Oil news into a sitemap summary with link to related Oil News for the one who wanted to catch up Oil price change in timely manner.
The Brent crude oil price dropped to $62.95 per barrel, while still trading in the narrow range between $61 and $65 for more than three weeks.. The WTI crude oil price dropped to $59.32 per barrel but has still been trading…
Sunilkumar Katke of Axis Securities feels the rise in US bond yield and dollar index will put pressure on all dollar denominated commodities be it precious metals, base metals or energy products.. Currency at Axis Securities…
India’s fuel consumption rose in March for the first time in three months, to its highest since December 2019, as economic activity gradually picked up after a coronavirus-induced slowdown.. Consumption of fuel, a proxy…
has reported a record group net loss of ¥71.02 million for the year through February, its first red ink in 12 years.. Its general merchandise supermarket operations incurred an operating loss due to temporary closures of…
Saudi Arabia energy giant said it struck a $12.4 billion deal to sell a 49% stake in a newly formed oil pipeline business to an international consortium led by U.S.. is also a member of the consortium, which will likely eventually…
The Energy Policy and Planning Office (Eppo) expects global oil prices to decrease after Opec and its allies agreed to increase petroleum production in a cautious move in line with global economic recovery.. Opec said on…
Johannes Eisele/AFP via Getty Images Oil prices, which have taken a breather recently after a sharp 2021 runup, are likely to hang on to their year-to-date gains.. Crude oil is up more than 20% so far this year, to a recent…
Article content NEW YORK — Oil prices settled lower on Friday and fell around 2% this week as production increases and renewed COVID-19 lockdowns in some countries offset optimism about a recovery in fuel demand.. Downward…
AFP via Getty Images Trading in Murban oil futures – the world’s first futures contract predicated on the Abu Dhabi National Oil Company’s (ADNOC’s) flagship onshore crude – has gotten off to flying start, according…
India’s fuel consumption rose in March for the first time in three months, to its highest since December 2019, as economic activity gradually picked up after a coronavirus-induced slowdown.. Consumption of fuel, a proxy…
Article content NEW YORK — Oil prices edged lower on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic impact on fuel demand.. Downward pressure has been exerted by…
Recall the index closed at a record yesterday Dow industrial average is up 105 points or 0.31% at 33609.03 NASDAQ index is down 50.779 points or -0.37% at 13778.53 Spot gold is down $18.70 or -1.06% at $1737.19 spot silver…
Crude oil futures jumped to Rs 4,452 per barrel on April 9 as participants increased their long positions as seen by the open interest.. The energy commodity traded firm after a gap-up start in the afternoon session tracking…
China reported the first rise in consumer prices this year and a bigger-than-expected increase in producer prices to the highest in almost three years in March, due to a low base and a rapid rise in energy and commodity prices,…
Article content LONDON — Oil prices edged lower on Friday on rising supplies from major producers and concerns over a mixed picture on the COVID-19 pandemic impact on fuel demand.. Exerting downward pressure is the decision…
Article content SINGAPORE — Oil prices edged down on Friday as investors weighed rising supplies from major producers and the impact on fuel demand from the COVID-19 pandemic.. Both contracts are on track to post a 2%-3%…
Gold prices gain as US Dollar sinks with Treasury yields Crude oil gained with stocks but struggled to keep up pace All eyes on US PPI data as Chinese equivalent overshoots Gold prices climbed over the past 24 hours as the…