Crude Check: Possibility for a Breakout

[ad_1] Crude oil prices made some recovery last week after witnessing selling pressure in the preceding few weeks. Brent crude oil futures on the Intercontinental Exchange (ICE) was up 1.6 per cent by closing at $84 per barrel. Crude oil...

Crude Check: Support Ahead for Futures

[ad_1] Crude oil prices witnessed a considerable fall over the past week. Brent crude oil futures on the Intercontinental Exchange (ICE) was down 7.3 per cent by closing at $82.8 per barrel. Crude oil futures on the MCX lost 6.5...

Crude Check: Bullish Bias Persists, But Minor Correction Possible

[ad_1] The conflict between Israel and Iran is keeping the oil prices volatile. On a weekly basis, the energy commodity saw a decline in price.Brent crude oil futures on the Intercontinental Exchange (ICE) was down 3.3 per cent by closing...

Crude oil up as Israel toys with options other than Gaza

[ad_1] Crude oil futures traded higher on Friday morning as Israel indicated that it is preparing for scenarios in other areas than Gaza. At 9.56 am on Friday, June Brent oil futures were at $90.25, up by 0.57 per cent,...

Crude Check: Futures Set to Rally

[ad_1] Crude oil ended the week with a gain on the back of the rally on Friday. Brent crude oil futures on the Intercontinental Exchange (ICE) was up 1.6 per cent by closing at $87 per barrel. Crude oil futures...

Crude oil dips as market turns cautious awaiting US Fed meeting outcome

[ad_1] Crude oil futures traded lower on Wednesday morning as the market remained cautious over the outcome of the US Federal Reserve meeting later in the day. At 9.52 a.m. on Wednesday, May Brent oil futures were at $87.25, down...