OIL DEMAND
Oil drops as investors gauge big chill impact on U.S. refineriesU.S. West Texas Intermediate (WTI) crude futures fell $1.21, or 2%, to $59.31 a barrel at 0157 GMT, after declining 1% on Thursday.
- Crude oil futures rise by Rs 69 on spot demand
On MCX, crude oil for February delivery traded 1.56% higher at Rs 4,483 per barrel .
- Petrol @ 100: India urges OPEC to ease output cuts
"The price-sensitive Indian consumers are affected by rising petroleum product prices," Pradhan said ahead of a March 4 policy-setting meet...
- Crude oil futures rise on spot demand
Globally, West Texas Intermediate crude oil gained 0.67 per cent to $60.45 per barrel, while Brent crude traded 0.87 per cent higher at $63...
- Rising demand lifts refined soya oil futures
Analysts said widening of positions by traders mainly helped refined soya oil prices to trade higher in futures market.
- Crude oil futures decline on low demand
West Texas Intermediate crude oil was trading 0.76 per cent higher at $59.92 per barrel, while Brent crude oil was quoting 0.09 per cent do...
- Refined soya oil futures fall on low demand
Market analysts said cutting down of positions by participants against ample stocks mainly influenced refined soya oil prices.
- Oil edges higher on US stimulus hopes but demand fears persist
Brent crude was up 38 cents, or 0.6%, at $61.52 a barrel by 11:06 a.m. ET (1606 GMT) having dropped to a session low of $60.35 earlier. US ...
- Rising demand lifts refined soya oil futures
On the National Commodity and Derivatives Exchange, refined soya oil for February delivery moved up by Rs 2.1, or 0.19 per cent, to Rs 1,12...
- IEA says oil market fragile, cites virus restrictions
OPEC producers plus their non-cartel allies, principally Russia, have stuck to hard-won output limits, driving prices back to around $60 pe...
- Oil drops after strong rally, demand hopes limit losses
Brent crude fell 39 cents, or 0.6%, to $61.08 a barrel, as of 0231 GMT, after touching its highest since January 2020 on Wednesday. U.S. cr...
- Oil in longest rally in two years as vaccines boost demand hopes
US crude inventories fell unexpectedly in the week, dropping 6.6 million barrels according to the Energy Information Administration, compar...
- Brent approaches $60 per barrel mark as supply cuts, stimulus hopes lift prices
Brent crude for April touched a high of $59.95 a barrel and was at $59.85 by 0041 GMT, up 51 cents, or 0.9%. Front-month prices last hit $6...
- Crude oil futures rise on spot demand
Crude oil for February delivery traded higher by Rs 23, or 0.56 per cent, at Rs 4,133 per barrel in 5,510 lots.
- Rising demand lifts refined soya oil futures
Refined soya oil for February delivery moved up by Rs 3.9, or 0.35 per cent, to Rs 1,105 per 10 kg in 34,550 lots.
- Crude oil futures rise on spot demand
Crude oil for the February delivery traded higher by Rs 24, or 0.59 per cent, at Rs 4,094 per barrel in 6,227 lots.
- Rising demand lifts refined soya oil futures
Refined soya oil for February delivery moved up by Rs 6, or 0.54 per cent, to Rs 1,107.4 per 10 kg in 36,475 lots.
- Refined soya oil futures fall on low demand
Refined soya oil for delivery in February declined by Rs 13.6, or 1.22 per cent, to Rs 1,102.7 per 10 kg in 37,190 lots.
- Cottonseed oil cake futures fall on soft demand
Cottonseed oil cake for February delivery fell by Rs 2, or 0.1 per cent, to Rs 2,103 per quintal with an open interest of 81,890 lots.
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