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S&P Global expects dated Brent crude to hit $55 per barrel by year-endS&P Global anticipates a drop in Dated Brent crude prices. The price could hit $55 a barrel by the end of the year. OPEC's decision to grad...08 Sep, 2025, 08.36 AM IST- Oil prices hold their ground after falling on China stimulusOil prices remained relatively stable on Tuesday as market participants awaited the release of OPEC's monthly report. This follows recent d...12 Nov, 2024, 07.41 AM IST
- Bitcoin futures highlight some pitfalls for new ETFsThe launch of the first bitcoin futures exchange traded fund (ETF) on Tuesday marks a major step toward legitimizing the cryptocurrency, bu...20 Oct, 2021, 06.13 AM IST
- KKR's Independence, Contango to merger in $5.7 billion oil and gas dealThe deal, announced by the two companies on Tuesday, is the latest in a string of mergers and acquisitions as a vaccination-led recovery in...08 Jun, 2021, 04.51 PM IST
- Major oil trading firms stow diesel, jet fuel on supertankers as demand rebound eyedTrafigura, Glencore and Vitol are holding about 1.5 million tonnes of the industrial and aviation fuel on at least seven Very Large Crude C...21 Apr, 2021, 01.13 PM IST
- Oil tumbles 4% on concerns over Europe curbs, rolloutsBrent crude futures were down $2.56, or 4%, to $62.08 a barrel by 12:16 p.m. ET (1616 GMT), having hit a low of $61.41. West Texas Intermed...24 Mar, 2021, 08.48 AM IST
- It’s time to wave goodbye to bonanza oil tradeThe financial incentive to store, known in trader jargon as contango, has all but vanished.28 Jun, 2020, 03.38 PM IST
- China, India soak up oil from floating storage as demand recoversA total of 3.4 million tonnes (24.8 million barrels) of crude oil was discharged from floating storage into Asian markets in the past seven...28 May, 2020, 06.49 PM IST
- Expect balance in oil market from second half of 2020: Joakim HannisdahlTanker rates are going to be very high as long as oil storage economics persists, says head of research at Cleaves Securities.22 Apr, 2020, 04.57 PM IST
- Brent's fall creates steepest contango in 11 yearsThe spread on the May to November contracts had widened to as much as minus $10.31 per barrel at 1004 GMT, a level not seen since January 2...26 Mar, 2020, 07.10 PM IST
- In Saudi-Russia price war, the big winners are oil tradersA new price structure, called a contango, allows the traders to make easy money by buying crude cheap, storing it, and selling it forward.12 Mar, 2020, 02.14 PM IST
- Oversupply in oil market to continueOPEC, a group of 12 oil producer countries, is meeting on Friday to stabilise (read increase) oil prices. But the outcome of the meeting ap...04 Dec, 2015, 02.53 AM IST
- Investing in precious metals can be trickyInvestors in precious metals must avoid the drove of commodities analysts as there are few signs of intelligent life.06 Sep, 2010, 03.24 AM IST
- Shipping: Enjoying a buoyant operating environmentThe shipping industry is currently enjoying a buoyant operating environment, with spot freight rates in the key tanker segment that are bro...17 Jun, 2010, 12.59 AM IST
- At 3% futures premium, oil may breach $55-markOil has convincingly broken the $50-barrel resistance and the contango has narrowed to over 3% on commodity bourse MCX.24 Mar, 2009, 01.25 AM IST
- At 3% futures premium, oil may breach $55-markOil has convincingly broken the $50-barrel resistance and the contango has narrowed to over 3% on commodity bourse MCX.24 Mar, 2009, 01.25 AM IST
- Chana prices slashed downChana prices have been falling continuously from past four days. The NCDEX chana contract opened steady but witnessed downtrend of prices i...01 Dec, 2006, 10.16 PM IST
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