Data showing that China’s crude imports have declined in the first half of 2021 has raised fuel demand. However, the black liquid is still close to a week high as supply concerns persist with the economic recovery from COVID-19. Brent oil futures rose 0.34% to $ 76.23 during the previous session. WTI futures were down…
Oil prices rose on Tuesday, offsetting some of the losses of the previous day as the U.S. Tight supply and expectations for a more balanced supply of crude goods provided support, however, fears about the spreading COVID-19 variant paid off. Brent crude for September was up 19 cents, or 0.3%, at 0.521 to $ 75.35…
Oil in Asia fell on Friday morning, according to data released on Thursday. Demand increased as fuel inventories fell and economic recovery led to consumption. Brent oil futures fell 0.32%. At $73.88, crude oil WTI futures fell 0.18%. $72.81. The U.S. The Energy Information Administration (EIA) crude oil supply data showed a balance of 6.866…
Oil was mixed in Asia on Wednesday morning, but the production dispute between Saudi Arabia and the United Arab Emirates (UAE) continued to hover above $ 73. The controversy has stymied efforts by the Organization of the Petroleum Exporting Countries (OPEC) to boost production as the fuel demand outlook is bright. Brent oil futures down…
Oil prices rose on Monday, and no agreement has been reached to increase production after OPEC + countries halted talks on output levels. Brent was up 94 cents, or 1.2%, at 1652 GMT at $ 77.11 a barrel, trading at a 2-1 / 2 year high. The U.S. A barrel of oil increased by $…
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…
