OPEC+ to pause planned October oil output hike of 180,000 bpd for two months after crude crashes to 14-month low.
oil prices
Crude Oil prices tick down as hopes of Middle East ceasefire eases supply worries
Crude Oil prices edged lower on Tuesday as Israel accepted a proposal to tackle disagreements blocking a ceasefire deal in Gaza, helping ease worries about a supply disruption in the Middle East.
Gold reaches record high due to rise in global markets
Gold hit a record high on Friday as global stock markets gained on reassuring data about the health of the world’s biggest economy and likely US interest rate cuts.
कच्चे तेल में लगातार गिरावट; ब्रेंट क्रूड 8 महीने के निचले स्तर पर पहुंचा, जानिए क्या है वजह?
अमेरिका में मंदी की आशंका और मिडिल ईस्ट में जियो पॉलिटिकल तनाव के कारण कच्चे तेल की कीमतों (Crude Oil Prices) में लगातार दूसरे दिन गिरावट आई और ये 8 महीने के निचले स्तर पर पहुंच गया. ब्रेंट क्रूड 1% टूटकर $76/बैरल के नीचे फिसला है.
Crude oil prices fall on concerns over Chinese Demand
Crude oil prices fell on Tuesday as concerns about a slowdown in China’s economy hurt demand, although a growing consensus that the U.S. Federal Reserve will start cutting its key interest rates as soon as September limited the declines.
Crude Oil Juggles Below $72.00 Ahead of Biden-McCarthy Talks
The WTI (West Texas Intermediate) oil market has been experiencing fluctuations, with prices hovering below the $72.00 mark.
MCX Crude Oil 1st Target Hit High 7715, Profit 40,000 in 2 Lots
Crude Oil prices were mixed on Monday as investors balanced expectations the OPEC will cut output to support prices against concerns sparked by Federal Reserve Chairman Jerome Powell saying the United States will face slow growth “for some time”.
Oil at $100 a Barrel Is ‘Possible’ This Winter, Mercuria Says
It’s “possible” that oil will hit $100 a barrel this winter, but $80 to $90 is the expected range, said Marco Dunand, the chief executive officer of commodities trader Mercuria Energy Group Ltd.
OPEC+ Gives Little Away as It Sees Oil Market Tightening
OPEC+ left oil consumers in limbo, sticking to its plan of monthly production increases until July but refusing to give any hints about further moves until there’s clear evidence more crude is needed.
Crude Oil edges higher on weaker dollar, demand optimism
Crude oil edged higher toward $64 a barrel, aided by a weaker dollar, as traders monitored a patchwork demand recovery from the pandemic.