Crude

  • How tanker attacks on a skinny waterway could affect oil prices: The Strait of Hormuz, sometimes described as the world's most important oil choke point, is a gateway for almost a third of all crude oil and other petroleum products carried by tanker. http://bit.ly/2WLilXS

    submitted via timesofindia , about 19 hours ago by StockNews filed under
  • Oil short-selling surges as global demand outlook deteriorates: Hedge funds boosted their bets that West Texas Intermediate crude will fall by 46%, the most since August, according to U.S. Commodity Futures Trading Commission data for the week ended June 11 http://bit.ly/2WJR0Aq

    submitted via economic times , 1 day ago by StockNews filed under
  • Oil Ministry begins work on 5-year action plan: Pradhan Mantri Ujjwala Yojana, reducing crude oil imports, increasing petroleum product exports and job creation in the sector will be the focus area http://bit.ly/2WFGOsH

    submitted via business line , 1 day ago by StockNews filed under
  • Ship insurance costs soar after Middle East tanker attacks: The attacks have already stoked concerns about reduced flows of crude oil on one of the world#39;s key shipping routes, pushing up oil prices by as much as 4.5%. http://bit.ly/2WHgq6F

    submitted via moneycontrol , 1 day ago by StockNews filed under
  • India#39;s crude steel output grows 5% to 9.235 MT in May: During April-May 2019-20, the production stood at 18.020 MT, up 3.4 per cent from 17.432 MT in the corresponding period of the previous fiscal. http://bit.ly/2WGSQ5d

    submitted via moneycontrol , 2 days ago by StockNews filed under
  • China steel output hits record in May despite tumbling profit margins: The world#39;s top steel maker produced 89.09 million tonnes of crude steel last month, up from 85.03 million tonnes in April and 81.13 million tonnes in May a year ago, data from the National Bureau o http://bit.ly/2WKajhM

    submitted via moneycontrol , 2 days ago by StockNews filed under
  • Rupee slips 11 paise to 69.61 in early trade as rising oil prices weigh on sentiment: The rupee opened on a weak note and declined by 11 paise to 69.61 against the US dollar in opening trade on Friday, as rising crude oil price concern http://bit.ly/2XLgyhY

    submitted via business line , 2 days ago by StockNews filed under
  • Rupee slips 11 paise to 69.61 vs dollar in early trade: The rupee opened on a weak note and declined by 11 paise to 69.61 against the US dollar in opening trade on Friday, as rising crude oil price concern http://bit.ly/2XJXCjz

    submitted via business line , 2 days ago by StockNews filed under
  • Crude oil collapses on demand concerns : In the last four weeks, crude oil market collapsed by 12-15 per cent; and last week, Brent briefly traded below the psychological $60 a barrel, a five http://bit.ly/2XQVdE1

    submitted via business line , 3 days ago by StockNews filed under
  • 'Centre should seek revenue at sale point of crude rather than at production stage': The Centre and State should collect revenue from hydrocarbon production at the sale point of crude, to allow domestic producers leg room to deploy mor http://bit.ly/2XIwhOF

    submitted via business line , 3 days ago by StockNews filed under
  • Oil extends decline after slump on high inventories, demand outlook: Brent crude futures were down 6 cents, or 0.1%, at $59.91 a barrel by 0336 GMT after earlier rising slightly. Prices fell 3.7% on June 12 to settle at $59.97, the international benchmark#39;s lowest clos http://bit.ly/2XEzSNM

    submitted via moneycontrol , 3 days ago by StockNews filed under
  • Asian stocks subdued, oil near 5-month low on US inventory build: Brent crude futures barely moved at $60.01 in early trade after a 3.7% slide on Wednesday to $59.97 a barrel, the international benchmark#39;s lowest close since Jan. 28. http://bit.ly/2XQQstK

    submitted via moneycontrol , 3 days ago by StockNews filed under
  • Oil prices down more than 2% on US inventories, demand worries: Oil futures extended losses after the US Energy Information Administration (EIA) reported domestic crude stockpiles climbed last week by 2.2 million barrels. http://bit.ly/2wOit9x

    submitted via moneycontrol , 4 days ago by StockNews filed under
  • What could FM do in Budget to boost economy: GST collection stood at Rs 1002.9 billion as on May 2019, which is lower than the monthly targeted budget of Rs 1142.5 billion. In order to expand tax revenue government should bring crude oil, petrol, diesel, electricity, natu http://bit.ly/2wQUgzn

    submitted via economic times , 4 days ago by StockNews filed under
  • Berthing of ships halted at Sikka port as Cyclone Vayu approaches: India's Sikka Ports and Terminals Ltd, which handles crude oil and refined products for Reliance Industries Ltd, closed berthing of vessels at its western Indian port on Wednesday due to a cyclone warning, http://bit.ly/2XFZNEG

    submitted via reuters , 4 days ago by StockNews filed under