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9 hours ago · Barclays expects Brent crude to remain around $90 a barrel over the coming months. Oil prices might not change much in the second half of 2024, with concern over Chinese demand and the prospect of ...
9 hours ago · Brent crude is expected to average $83.93 a barrel in 2024 with U.S. crude averaging $79.72, the poll found. The U.S. active oil rig count, an early indicator of future output, fell by six to 479 this week, the lowest level since December 2021, energy services firm Baker Hughes said.
1 day ago · In commodities, oil costs edged greater as large wildfires. were threatening Canada's oil sands and as the market anticipated. U.S. crude oil and gas inventories to show a drawdown later. in the day. U.S. crude was up 0.68% at $78.55 per barrel and. Brent was at $82.87 per barrel, up 0.59%. Spot gold was little altered at $2,356.64 per ounce.
2 hours ago · Current Crude Oil Prices in the Futures Market. On Friday, crude oil prices rose by Rs 62 to Rs 6,866 per barrel in futures trading as traders expanded their deals in response to strong spot demand. The July delivery contract at the Multi Commodity Exchange increased by Rs 62 or 0.91%, reaching Rs 6,866 per barrel, with 5,702 lots traded.
9 hours ago · West Texas Intermediate crude oil dropped 0.53% to $81.3 a barrel. Brent crude , the international benchmark, ticked 0.18% lower to $84.77 a barrel. Gold slipped 0.12% to $2,326. per ounce.
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9 hours ago · The country’s towering crude oil profile reserve is estimated at over 36.2 billion barrels and estimated to last till 2056 at the ongoing rate of exploration. This scenario points to a positive ...
9 hours ago · In December 2022, the G7 grouping and its allies announced a cap on the price of Russian oil as part of a series of punitive measures against Moscow in view of its invasion of Ukraine. The price cap restricts countries to pay more than USD 60 a barrel. Russia has been a longstanding and time-tested partner for India.
