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
Crude oil prices declined by Rs7 to Rs4,139 a barrel in futures trade on Friday as speculators were occupied in generating speculative positions, taking positive cues from Indian markets. At the Multi Commodity Exchange (MCX), crude oil for delivery in April was Read more
Crude oil prices quoted lower on Monday led by hopes of minimized supply and indication that China-US trade worries could ease. U.S. WTI futures were at USD 55.06 per barrel down 0.36%, from their last settlement, while Brent crude oil futures were down Read more
Crude Oil prices advanced mildly by 1 percent on Thursday, as investor’s attention focused on the prospect of tighter markets on account of US sanctions against major crude exporter Iran. Brent crude futures, front month, were at USD 82.17 per barrel in early trade, up by 1 percent from their last close. U.S Federal Reserve’s decisions on interest rates as well as weekly inventories update from US Energy Department were the two aspects upon which investors are concerned.