Oil

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Oil

Oil is unsteady following a near-6% drop due to economic concerns

Early on Monday, oil prices fell as investors refocused on tight supply, however, the mood remained shaky following a 6% drop the previous day on fears about slowing global economic growth and fuel demand. Brent oil futures were up 20 cents, or 0.2 percent, to $113.32 a barrel at 0105 GMT, after jumping as high […]

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Sebi has fined 9 firms a total of Rs 1.6 billion for illegal trading
Securities and Exchange Board of India (Sebi)

On Tuesday, the capital markets regulator Sebi fined nine organizations a total of Rs 1.62 crore for manipulating Sterling Green Read more

Oil prices dropped as the US rate hiked, but constrained supply remains a concern
Brent crude prices

Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US Read more

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

Read More
Brent oil futures
Oil

On strong US demand and China optimism, oil is hovering near a 13-week high

On Thursday, oil prices remained at 13-week highs, supported by strong demand in the world’s largest consumer, the United States, while demand in China is likely to increase as COVID-19 limits in key cities are eased. By 0033 GMT, Brent oil futures had risen 12 cents to $123.70 a barrel, while U.S. West Texas Intermediate […]

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Dollar, Euro Down as U.S. Refutes Russian Ukraine Claims
Dollar Euro Down as U.S. Refutes Russian Ukraine Claims

The dollar was down on Thursday morning in Asia, alongside the euro. Investors are digesting the U.S. doubts that Russia Read more

Crude prices in Saudi Arabia have been raised, causing oil prices to rise
Oil prices

Oil prices jumped more than $2 in early trading on Monday as Saudi Arabia boosted pricing for its oil sales Read more

At next week’s policy review meeting, the RBI is expected to raise rates by 0.40 percent
RBI Governor Shaktikanta Das

At next week's scheduled monetary policy review, the Reserve Bank is projected to boost rates by 0.40 percent, according to Read more

Oil falls, pressured by China lockdowns, reserves release
Oil falls pressured by China lockdowns

Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world Read more

Read More
Oil prices
Oil

Crude prices in Saudi Arabia have been raised, causing oil prices to rise

Oil prices jumped more than $2 in early trading on Monday as Saudi Arabia boosted pricing for its oil sales in July, indicating how tight supply remains despite OPEC+ agreeing to increase output over the next two months. Brent oil futures were up $1.80, or 1.5 percent, at $121.52 a barrel at 2319 GMT, having […]

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Oil prices are rising as demand grows and supply tightens
Brent crude futures

Oil prices surged in early trade on Wednesday, buoyed by limited supplies and the expectation of increased demand as the Read more

Oil prices dropped as the US rate hiked, but constrained supply remains a concern
Brent crude prices

Oil prices fell on Thursday, erasing early gains and heading down, a day after a drop sparked by a US Read more

According to SEA, India’s palm oil imports fell 33% to 514,022 tonne in May
India's palm oil imports

In May of this year, India's palm oil imports fell by 33.20 percent to Rs 5,14,022 tonnes, while refineries sent Read more

PM Modi said the BJP would continue to strive for Assam’s growth
Prime Minister Narendra Modi

Prime Minister Narendra Modi hailed the BJP's historic win in the Karbi Anglong Autonomous Council (KAAC) elections and said that Read more

Read More
Brent oil rises on weaker dollar though IEA cuts demand outlook
Oil

Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_India Capital Sands Brent Oil rose past $55 a barrel — with some assistance from a weaker dollar — even as the International Energy Agency cut its demand outlook for the rest of the year. Consumption in the first quarter of 2021 will be 600,000 barrels a day lower than previously thought, the agency said […]

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Oil prices fall amid worries over new coronavirus strain
Brent oil rises on weaker dollar though IEA cuts demand outlook

BY Administrator_India Capital Sands Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the Read more

OPEC+ oil output boost to leave market in precarious balance, IEA says
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply Read more

Oil rises on China’s plan to boost US crude imports, OPEC+ compliance

By Administrator_India Capital Sands Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their Read more

Oil Down as Uncertainty Over OPEC Production Cuts Grows
Oil Down as Uncertainty Over OPEC Production Cuts Grows

By Administrator_India Capital Sands Oil was down on Friday, giving up its gains from the previous session over uncertainty as Read more

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Brent oil rises on weaker dollar though IEA cuts demand outlook
Oil

Oil prices fall amid worries over new coronavirus strain

BY Administrator_India Capital Sands Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the United Kingdom raised concerns that tighter restrictions there and in other European countries could stall a recovery in the global economy and its need for fuel. Brent crude dropped 97 cents, or 1.9%, to $51.29 […]

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Brent oil rises on weaker dollar though IEA cuts demand outlook
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_India Capital Sands Brent Oil rose past $55 a barrel — with some assistance from a weaker dollar — Read more

OPEC+ oil output boost to leave market in precarious balance, IEA says
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply Read more

Oil rises on China’s plan to boost US crude imports, OPEC+ compliance

By Administrator_India Capital Sands Oil prices settled higher on Monday, as OPEC+ producers almost fully complied in July with their Read more

Oil Down as Uncertainty Over OPEC Production Cuts Grows
Oil Down as Uncertainty Over OPEC Production Cuts Grows

By Administrator_India Capital Sands Oil was down on Friday, giving up its gains from the previous session over uncertainty as Read more

Read More
Oil rally boosted by surprise fall in U.S. stocks
Oil

Oil rally boosted by surprise fall in U.S. stocks

By Administrator_India Capital Sands Oil rose for a fifth day on Thursday after a surprise fall in U.S. crude inventories gave further legs to a rally driven by optimism that vaccines will end the coronavirus pandemic and revive demand for fuels. Brent futures were up 45 cents, or 0.9%, at $49.06 a barrel by 0245 GMT, after rising […]

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Oil falls, pressured by China lockdowns, reserves release
Oil falls pressured by China lockdowns

Oil prices slipped $2 a barrel in early Asian trading on Monday, following a second straight weekly decline after world Read more

Brent oil rises on weaker dollar though IEA cuts demand outlook
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_India Capital Sands Brent Oil rose past $55 a barrel — with some assistance from a weaker dollar — Read more

Oil prices fall amid worries over new coronavirus strain
Brent oil rises on weaker dollar though IEA cuts demand outlook

BY Administrator_India Capital Sands Oil prices slid in early trade on Monday as a fast-spreading new coronavirus strain in the Read more

OPEC+ oil output boost to leave market in precarious balance, IEA says
Brent oil rises on weaker dollar though IEA cuts demand outlook

By Administrator_ India Capital Sands The outlook for oil “remains fragile” as the pandemic depresses demand, and OPEC’s plans to increase supply Read more

Read More