Crude oil futures fall 0.51% on global cues

Crude oil futures fall 0.51% on global cues

Crude oil futures fell 0.51 per cent to Rs 4,254 per barrel Thursday in line with weak trends in overseas markets. Crude oil for delivery in June contracts was trading lower by Rs 22, or 0.51 per cent, at Rs 4,254 per barrel with a business volume of 16,868 lots on Multi Commodity Exchange (MCX).

Tightrope walk for India

Tightrope walk for India

Iranian Foreign Minister Javad Zarif’s visit to India on May 14 and his talks with Sushma Swaraj again present India with a difficult choice: Implement US sanctions against Iran by stopping the import of Iranian oil or continue to deal with Iran on the basis of international law and India’s national interests.

Crude oil futures up on positive cues

Crude oil futures up on positive cues

Crude oil rose by Rs 36 to Rs 4,436 per barrel in futures market Tuesday as speculators indulged in creating speculative positions, taking positive cues from global markets.

How US, Iran tension might impact crude oil prices

How US, Iran tension might impact crude oil prices

Oil rose to multi-week highs on Monday after OPEC indicated it would probably maintain production cuts that have helped support prices this year, while tension continued to escalate in the Middle East.

Crude oil futures rise 0.23 pc as investors widen position

Crude oil futures rise 0.23 pc as investors widen position

Crude oil prices edged up 0.23 per cent to Rs 4,426 per barrel in futures trade Monday as speculators widened their bets in tandem with a firm trend overseas. On the Multi Commodity Exchange, crude for delivery in May contracts was up by Rs 10, or 0.23 per cent,

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