Oil Archives - Odisha-India

Oil

Oil Cools After 3-Day Rally Amid Fed Uncertainty, U.S. inventory Build

Oil prices were muted on Thursday as hawkish comments from Federal Reserve officials supported the dollar and brewed some concerns over more interest rate hikes, while U.S. crude inventories also logged a seventh straight week of builds. Hawkish overnight comments from Federal Reserve officials saw markets reassessing their outlook for U.S. interest rate hikes this […]

Fuel

Oil

Crude Oil Lower; Monthly Demand Reports in Focus

Oil prices fell Monday, consolidating after last week’s strong gains ahead of the release of demand forecasts from the OPEC and the IEA as well as a deluge of potentially influential economic data due this week. By 04:35 ET (09:35 GMT), U.S. crude futures traded 0.7% lower at $79.55 a barrel, while the Brent contract […]

Fuel

Oil

Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and […]

Oil

Oil Surges As Speculation Over OPEC Cut Outweighs China concerns

Oil prices jumped on Tuesday as traders bet that recent weakness in the market will invite more supply cuts by the OPEC, while anti-government protests in China and hawkish signals from the Federal Reserve worsened the outlook for demand. Oil marked a volatile start to the week, initially tumbling as much as 3% as Chinese […]

Oil

Oil Rises on Saudi Supply Signals, But Demand Fears Cap Gains

Oil prices rose on Tuesday following commitments to tightening supply from Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC), although concerns over slowing demand in China and a potential U.S. recession kept gains muted. Crude markets reversed sharp losses in a volatile session on Monday after Saudi Arabia, the leader of the OPEC […]

Oil

Oil on Edge as Markets weigh Poland Strike, Sluggish Demand

Oil prices fell slightly on Wednesday as investors awaited more clarity on a potential Russian missile strike against Poland, while mixed U.S. inventory data and concerns over slowing Chinese demand also brewed more uncertainty in the market Crude markets were focused squarely on the North Atlantic Treaty Organization’s (NATO) response to a Russian-made missile killing […]

यूक्रेन की सेना के गढ़ मारिपोल पर रूस का कब्जा, लविवि भारी गोलाबारी से स्तब्ध

महीनों की भीषण लड़ाई के बाद, रूस ने मंगलवार को यूक्रेन के सैन्य गढ़ मारिपोल पर कब्जा कर लिया। रूस Read more

Russia-Ukraine War: चार शर्तें… और खत्म हो जाएगा युद्ध! रूस ने यूक्रेन के सामने रखा प्रस्ताव

मॉस्को. यूक्रेन में जारी हमलों (Russia-Ukraine War) को रोकने के लिए रूस ने चार शर्तें सामने रखी हैं. साथ ही मॉस्को Read more

Russia Ukraine War : 2 घंटे तक बंद रहने के बाद खुले रूस के शेयर बाजार 50 प्रतिशत तक गिरे

रूस की मॉस्को एक्सचेंज (Moscow Exchange) ने गुरुवार को लगभग दो घंटे तक बाजार में ट्रेडिंग को रोका और दो Read more

रूसी लड़ाकू विमान तैनात, 48 घंटों में बढ़ा फौज का जमावड़ा, देखें नई सैटेलाइट तस्वीरें

यूक्रेन (Ukraine) की सीमा पर रूस (Russia) द्वारा की गई सैन्य तैनाती की नई सैटेलाइट तस्वीरों (Satellite Pictures) से साफ है Read more

Oil

Oil Prices Dip as Demand Outlook Worsens on China woes, OPEC Warning

Oil prices fell in choppy trade on Tuesday and nursed steep losses this week as weak economic data from China brewed more concerns over worsening demand, although the prospect of smaller U.S. rate hikes and tightening supply helped limit losses. Crude markets plummeted at the beginning of the week after rising COVID cases in major […]

Oil

Oil Extends Gains on China reopening Hopes, Tightening Supply

Oil prices rose on Monday as markets bet that an eventual scaling back of COVID-19 measures in China will boost the country’s crude demand, while looming curbs on Russian oil shipments also appeared set to tighten supply Crude prices closed last week lower, but rallied sharply on Friday after China said it will loosen some […]

Oil

Stock Market

Oil Falls on Weak Chinese Data, Hawkish Fed Also Weighs

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight […]

Oil

Oil prices rise as weaker dollar offsets China COVID-19 concerns

Oil prices rose on Tuesday, paring losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world’s second-largest oil consumer. Brent crude for January delivery rose 73 cents, or 0.8%, to $93.54 a barrel at 0406 GMT. The December […]