Crude Oil Today: Crude oil prices rise on concerns over Canadian wildfires

[ad_1] Crude oil futures traded higher on Tuesday morning as the market expressed concerns over the potential impact of Canadian wildfires on crude oil supplies. At 9.52 am on Tuesday, July Brent oil futures were at $83.48, up by 0.14...

Crude oil gains as official data show inventory decline in US

[ad_1] Crude oil futures traded higher on Thursday morning as the official data showed decline in crude oil inventories in the US for the week ending May 3. At 9.51 am on Thursday, July Brent oil futures were at $83.92,...

Crude oil up despite decline in US inventory

[ad_1] Crude oil futures traded higher on Thursday morning despite official data indicating decrease in oil inventories in the US. At 9.53 am on Thursday, June Brent oil futures were at $88.14, up by 0.14 per cent, and June crude...

Crude oil up as industry data shows inventory decline in US

[ad_1] Crude oil futures traded higher on Wednesday morning as the industry data showed decline in oil inventories in the US for the week ending April 19. At 9.52 am on Wednesday, June Brent oil futures were at $88.48, up...

Crude oil down as fears of Israel-Iran tension dwindle

[ad_1] MangaluruCrude oil futures traded lower on Monday morning as the market hoped that tension between Iran and Israel would not escalate further in West Asia. At 9.55 am on Monday, June Brent oil futures were at $86.66, down by...

Natural gas futures: Retain the shorts

[ad_1] Natural gas futures (April contract) on the Multi Commodity Exchange (MCX) fell off the resistance band of ₹158-160 last week. It closed at ₹141.2 on Tuesday. Thus, the contract has slipped below support at ₹142.Going ahead, we expect natural...

Crude oil up as OPEC+ members extend voluntary output cuts

[ad_1] Crude oil futures traded higher on Monday morning as several members of Organization of Petroleum Exporting Countries and allies, known as OPEC+, announced extension of additional voluntary cuts of 2.2 million barrels a day for the second quarter of...