Crude Oil prices
Oil prices rise 2% after reports of Iranian tanker attack
Sat, Oct 12, 2019
Oil prices rose more than 2% on Friday after Iranian media said a state-owned oil tanker was attacked in the Red Sea near Saudi Arabia, while optimism surrounding the U.S.-China trade war lifted sentiment. Brent crude futures gained $1.41, or 2.4%, to settle at $60.51 a barrel.
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Oil jumps after US crude stocks drop, OPEC stays firm on production cuts
Wed, Feb 27, 2019
Saudi Energy Minister Khalid al-Falih said the Organization of the Petroleum Exporting Countries and its partners were already "taking it easy" in response to a tweet from Trump on Monday, who told the group to "relax" on production cuts.
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Rising oil prices may double import bill in FY19
Tue, Feb 19, 2019
This will make the oil import bill for FY19 the highest in the five years of the Modi government and very close to the high import bill during UPA II when the crude oil prices had breached all records to touch close to $140 a barrel mark.
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Commodity traders alert! Experts predict rise in crude oil at MCX, NYMEX
Wed, Jan 09, 2019
Commenting upon the reason for the crude rally at the MCX, Sugandha Sachdeva, Vice President at Religare Commodities told Zee Business online, "In NYMEX, crude oil is hovering around $51-52 per barrel and an upside swing of near 7 percent is expected in next two weeks. Hence, at MCX we are expecting the crude oil future to reach Rs 3,600 per barrel in this time span or say by end of January."
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