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Crude oil futures decline to INR 2,493 per barrel in Asian markets

Crude oil futures fell INR 15 to INR 2,493 per barrel today as speculators offloaded bets amid a weak trend in Asian markets. Analysts said that trading sentiment turned weak at the futures trade after oil prices resumed their slide ...

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Oil dips below $45 US a barrel for 1st time since March

Crude oil futures briefly fell below $45 US a barrel for the first time in five months in New York trading Wednesday, shrugging off a morning report that oil inventories fell much more than expected last week. The fact that ...

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Crude oil futures weekly outlook August 3rd to 7th

Crude oil futures fell sharply on Friday to cap the worst monthly performance since the 2008 global financial crisis as ongoing concerns over a glut in world markets continued to drive down prices. On the ICE Futures Exchange in London, ...

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Crude oil futures – weekly outlook: July 6 – 10

Oil prices fell in thin trade on Friday as an increase in the U.S. rig count added to fears over a global supply glut. Crude for August delivery settled at down 2.48% at $55.52 a barrel in electronic trading on the ...

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Crude oil futures eases after weak China factory data

Crude oil futures were lower in Asian trade Tuesday after China posted weak manufacturing data for June and amid a general lack of bullish sentiment in the oil market. On the New York Mercantile Exchange, light, sweet crude futures for ...

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Crude-oil futures steady in early Asian trade

Crude-oil futures were steady in early Asian trade Monday as investors remain cautious in the run-up to OPEC’s meeting in early June. Citi Futures said that expectations that US crude oil production will decline enough to eliminate the global surplus ...

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Crude oil futures – weekly outlook: May 18 – 22

Crude futures fell on Friday but ended higher for the week boosted by the weaker dollar as concerns over whether the recent rally in prices is running out of momentum persisted. Crude futures for June delivery settled down 0.32% at $60.54 ...

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Crude oil futures rise 0.49% on overseas cues

Crude oil futures rose by 0.49 per cent to Rs 3,358 per barrel today as speculators created fresh positions amid a firming trend in Asian markets. At the Multi Commodity Exchange, crude oil for delivery in April gained Rs 16, or ...

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Crude oil futures rally on weaker dollar, API data ahead

Crude oil futures rallied on Tuesday, as a broadly weaker U.S. dollar boosted the appeal of dollar-denominated commodities. On the New York Mercantile Exchange, crude oil for May delivery jumped 94 cents, or 1.81%, to trade at $52.85 a barrel during U.S. ...

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Crude oil futures – weekly outlook: April 13 – 17

Crude oil futures settled higher on Friday, after data showed that the pace of falling rigs in the U.S. accelerated last week. On the New York Mercantile Exchange, crude oil for delivery in May tacked on 85 cents, or 1.67%, ...

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