Ahmedabad, 29 March ENERGY International crude oil futures gained on Tuesday on supply disruption risks from Iraqi Kurdistan and hopes that banking sector turmoil is contained. The Dollar extended losses on Tuesday and also lent support to oil. Domestic crude oil futures also rose over 1% tracking overseas prices, but a stronger Rupee capped upside….
(27/3/2023) ENERGY International and domestic crude oil futures ended weaker on Friday on worries over European banks and after U.S. Energy Secretary said refilling the country’s Strategic Petroleum Reserves may take several years, dulling demand. • Data from Baker Hughes showed U.S. oil rigs rose 4 units to 593 last week, up for the first…
ENERGY International and domestic crude oil futures ended weaker reversing early gains. Limiting downside, gasoline futures hit a 10-day high on Thursday after the U.S. EIA said stockpiles of the product fell last week by the most since September 2021. U.S. NYMEX Gas and domestic futures extended losses on Thursday on a rise in U.S….
નવી દિલ્હીઃ કેલેન્ડર વર્ષ 2023માં અત્યારસુધીમાં ક્રિપ્ટો માર્કેટમાં સુધારો નોંધાયો છે. ચાલુ કેલેન્ડર વર્ષમાં 1 જાન્યુઆરીથી અત્યાર સુધીમાં બિટકોઈનમાં 69.55 ટકા ઉછાળો જોવા મળ્યો છે. જે 1 જાન્યુઆરીએ 16625.08 ડોલરથી વધી આજે 28188.25 ડોલર પર ટ્રેડ થઈ રહ્યો છે. વિશ્વની સૌથી મોટી ક્રિપ્ટોકરન્સી બિટકોઈન માર્ચ મહિનામાં 21 ટકા સુધી વધી છે. સમાન સમયગાળા દરમિયાન S&P…
ENERGY International and domestic crude oil futures settled lower Friday, reversing early gains as banking sector crisis could lead to a recession in turn denting demand. Meanwhile, downside was capped amid supply concerns and oil rigs fell by 1 unit to 589 last week. Data from CFTC showed speculators raised their net long U.S. crude…
ENERGY International and domestic crude oil futures tumbled on Wednesday’s trade on concerns that a crisis in the banking sector could trigger a recession and cut demand. • NYMEX WTI fell over 5%, Brent crude oil prices tumbled over 4%, while domestic crude oil futures fell over 7% on Wednesday. • Adding to the bearishness…
International and domestic crude oil prices extend losses on Wednesday as tighter financial conditions could lead to a U.S. recession in turn denting demand from the fuel. • The U.S. Dollar gained marginally and also kept upside capped. • Some support came after data showed that U.S. crude inventories fell 1.7 million barrels last week,…
ENERGY International crude oil prices recovered from a brief sell-off and ended the session higher on Friday and the week higher, driven by renewed optimism around demand from top oil importer China. Prices initially witnessed a big fall after a media report said the UAE had held internal debates on leaving OPEC and pumping more…
