Oil stocks fall since Brent Crude oil rises

Shares of most Oil Marketing Companies declined through mid-session Wednesday as Brent Crude oil is trading near its key level of USD63per-barrel. Crude oil prices were quoting higher after the Institute of AmericanPetroleum or API  on Tuesday (18-June) reported a Read more

Commodity Oil Preview: Crude Oil Futures Latest Update

Crude oil futures settled higher on Thursday with minimal gains for the shortened week, as traders weighed near-term crude supply and demand prospects. At the back of US-sanctions, the production of Crude-oil in Venezuela has fallen extensively. A report showed that Read more

Latest MCX Update, Crude oil falls on unresponsive global cues

Crude oil prices declined 0.05% to Rs 4,401 per barrel on Tuesday since participants decreased holdings in the midst of a weak trend overseas. Moreover, offloading of participant’s holdings, in proportion to a weak trend in global crude, mostly weighed Read more

Latest Updates on Crude Oil, Updates on MCX

Crude Oil prices rose on Monday on supportive equities amid concerns over supplies outweigh worries of a slowing global economy. Market also witnessed OPEC-driven supply cuts. Brent crude for June delivery was up by 0.6% at USD68.01 per barrel, having Read more

Latest Updates on Oil: Crude Oil Hits 2019-highs

Crude Oil prices moved higher on Thursday to hit the peak of the year 2019, amid global production cuts and supply disruptions in Venezuela. An unforeseen fall in US crude oil inventories and production also lifted prices, as per traders Read more

NSE Launches Brent Crude Oil Contract On 1st March

India’s leading exchange, the National Stock Exchange of India Limited (NSE) on Thursday notified that it will launch its crude oil futures contract effective from today, the first March 2019.  The Exchange has inked an accord with ICIS, a leading Read more