OIL PRICES

India blames Saudi oil output cut for surge in oil prices

Top exporter Saudi Arabia has pledged additional voluntary output cuts of 1 million barrels per day (bpd) in February and March under a dea...

Crude oil futures rise on spot demand

Crude oil for January delivery traded higher by Rs 27, or 0.71 per cent, at Rs 3,840 per barrel in 1,409 lots.

Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake for delivery in February traded up by Rs 2, or 0.06 per cent, to Rs 2,001 per quintal with an open interest of 92,290 l...

Refined soya oil futures fall on low demand

Refined soya oil for delivery in January declined by Rs 7.9, or 0.7 per cent, to Rs 1,121.3 per 10 kg in 8,600 lots.

Brent crude edges up as optimism over economy trumps demand concerns

US West Texas Intermediate crude was at $52.25 a barrel, down 11 cents, or 0.2 per cent. There was no settlement on Monday as US markets we...

Cottonseed oil cake futures fall on soft demand

Cottonseed oil cake for January delivery fell by Rs 5, or 0.25 per cent, to Rs 2,005 per quintal with an open interest of 1,900 lots.

Refined soya oil futures fall on low demand

Refined soya oil for delivery in January declined by Rs 8, or 0.71 per cent, to Rs 1,125 per 10 kg in 10,330 lots.

Crude oil futures decline on low demand

Crude oil for the January delivery eased by Rs 12, or 0.31 per cent, to Rs 3,887 per barrel with a business volume of 2,403 lots.

Cottonseed oil futures fall on soft demand

Cottonseed oil cake for January delivery fell by Rs 39, or 1.91 per cent, to Rs 2,007 per quintal with an open interest of 7,640 lots.

Oil prices ease as pandemic outweighs Chinese and US data

Brent crude oil futures fell 42 cents to $55.64 a barrel by 1318 GMT, while U.S. West Texas Intermediate (WTI) dropped 29 cents to $52.62.

Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake for delivery in January traded up by Rs 16, or 0.79 per cent, to Rs 2,038 per quintal with an open interest of 18,030 l...

Rising demand lifts refined soya oil futures

Refined soya oil for January delivery moved up by Rs 4.5, or 0.38 per cent, to Rs 1,178 per 10 kg in 19,820 lots.

Cottonseed oil cake futures rise on fresh bets

Cottonseed oil cake for delivery in January traded up by Rs 8, or 0.4 per cent, to Rs 2,022 per quintal with an open interest of 21,670 lot...

Rising demand lifts refined soya oil futures

Refined soya oil for January delivery moved up by Rs 5.6, or 0.48 per cent, to Rs 1,175 per 10 kg in 22,845 lots.

Crude oil prices sapped by rising coronavirus cases

Worldwide coronavirus cases surpassed 90 million on Monday, according to Reuters tally, as nations around the globe scramble to procure vac...

Goldman expects Brent oil prices to reach $65/bbl in summer 2021

The Wall Street investment bank had previously predicted oil would hit $65 by year-end.

Oil prices fall on renewed coronavirus concerns as China cases mount

Brent crude oil futures fell 42 cents, or 0.8%, to $55.57 a barrel by 0146 GMT after earlier climbing to $56.39, its highest since Feb. 25,...