Shares of most Oil marketing companies were trading in the green in Wednesday’s session with their sectoral Energy index on NSE trading higher. Meanwhile, Crude Oil prices are a tad higher after data indicated that US-Crude inventories declined more than Read more
Crude Oil prices advanced on Thursday after a reported declines in US crude inventories that went beyond analyst expectations. US WTI crude futures were up 0.4pc, at USD59.07/bl in early morning, while Brent crude futures were up 0.2pc at USD69.59 Read more
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
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
Markets across Asia rose on Thursday following an overnight surge in stocks on Wall Street.
Oil prices fell to 7-month lows in the global market amid latest foreign fund inflows. The world’s top-three producers offset supply worries from the start of U.S sanctions coming week against Iran’s petroleum exports.