Crude Oil Review: State-run ONGC and private sector firm Cairn are likely to benefit if the finance ministry accepts a proposal by the oil ministry to exempt hydrocarbon blocks, which were bid out to companies under the production-sharing contract (PSC) and revenue-sharing contract (RSC) mechanisms, from the windfall taxes on domestic crude.
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MCX Crude Oil Blast, I Told You Buy 1000—500 lots, 6612 to 6739
MCX Crude Oil Blast, I Told You Buy 1000—500 lots 6612 to 6739 MCX Crude Oil Trading Tips: 👉 👉👉 Crude Oil Trading Tips: Trade With 1000—500 Lots WTI crude oil extends the previous day’s rebound from nearly eight-month low to $82.50 during Thursday’s Asian session. In doing so, the …
IEA says oil producers may struggle to gauge demand amid second wave
Oil producers – Global oil stocks which rose during the height of the pandemic are being steadily reduced, the International Energy Agency (IEA) said on Wednesday, but a second wave is slowing demand and will complicate efforts by producers to balance the market.
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
MCX Crude Oil Future Price above 2820, Targets Price 3220—3440—3880++ Neal Bhai Reports
Crude Tips Provider – Sell Below $35 and Sleep For Target $25 – Neal Bhai Reports
Crude Tips Provider – Sell Below $35 and Sleep For Target $25 – Neal Bhai Reports
MCX Crude Hit 1st Target 4310 2nd Target 4440 – Enjoy or Not – Neal Bhai Reports
Crude Oil on MCX settled up 0.73% at 4272 as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. Prices seen supported by efforts by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia to cut production.
Crude Oil prices Slip as Trade War Concerns Haunt Market
Crude Oil prices slipped for a second straight day on Tuesday as a slowing global demand outlook outweighed OPEC’s deal with associated producers last week to deepen output cuts in 2020.