Oil fell in Asia on Monday morning, with investors in tenterhooks ahead of a meeting of a key organizer of the Petroleum Exporting Countries (OPEC) and allies (OPEC +). Brent oil futures were down 0.07% at $ 76.12 after falling to its first weekly decline of six in the previous week. WTI futures were also…
Traders switch from futures to option because of the lower cost. The rise in crude oil options reached ₹ 3,560 crores on Thursday. Trade levels slowly switching to options from the future because investors pay on premium but it’s not the future trading turnover. Generally, premium turnover is only 1-2%. Discount transaction fees on MCX…
Oil prices are high on Thursday, and investors are waiting to see if key producers can maintain or easily cut back. Brent oil price rose 0355GMT to 0.2% and $ 74.79 per barrel on 17 currencies. U.S. West Texas Intermediate Crude is raising at $ 73.68 a barrel and 21 currencies. WTI is up 10%…
Asian stocks are weak on the kick-off as COVID-19 cases increase Oil is high in October 2018 and the market is in the US. Provides profitability for infrastructure. Asian Stokes Weak on Monday, China markets were steady, with an increase in COVID-19 cases affecting investor sentiment over the weekend while oil rose 2-1 / 2…
Brent crude is up 22 cents or 3% in August. Up to $76.40. As Iran’s oil export hike is delayed, investors will hold an OPEC meeting this week and then renew the nuclear deal in connection with the U.S. and Iran war, which will continue until October 2018. Oil prices have risen for the past…
Friday was oil rise, but investors were waiting for the OPEC meeting, so the week ended with small gains in an otherwise volatile session. Brent oil futures rose 0.03% to .55.5.5.5, while WTI futures rose 0.04%. 73.33. Recent gains in black oil pushed to a higher buying area at the beginning of the week, indicating…
Oil rose in Asia on Thursday morning, followed by the U.S. Fuel demand is bright as crude and fuel supplies are declining. Brent oil futures were up 0.05% at $ 75.23 and WTI futures were at $ 73.08. U.S. Department of Energy Information Management. Crude oil supply data, stocks fell in the fifth week, the…
Oil rose in Asia on Wednesday morning, with strong economic recovery from key consumers boosting fuel demand and filtering inflated cargo. Investors are now waiting for a meeting of petroleum exporting countries and allies (OPEC +) for clues on manufacturers’ policy. Brent oil futures rise 0.59%. 75.25 and WTI futures were up 0.47% at $…
Crude oil stocks fell for the fourth week in a row Crude fell on Tuesday as investors paid for the latest rally, but market sentiment remained firm in hopes of a quick recovery in oil demand in the US and European markets and a return on Iranian crude. Brent crude futures for August were down…
Oil prices soared on Monday, strong demand during the summer driving season and the suspension of talks to renew Iran’s nuclear deal could lead to a resumption of crude supplies from OPEC manufacturers. Brent crude for August 0825 GMT was up 23 cents, or 0.3%, at $ 73.74 a barrel. U.S. for July West Texas…
