Tag: West Texas Intermediate

Oil prices rise amid drop in US inventories

At 423.6 million barrels, US crude oil inventories are about 8 per cent below the five year average for this time of year.

December 23, 2021

Crude oil futures fall 2.73% on weak global cues

Crude oil futures fell 2.73 per cent to Rs 4,485 per barrel on 28 May, in line with a weak trend overseas as speculators cut bets.

May 28, 2018

Crude oil futures fall on weak overseas sentiment

Crude oil futures fell by Rs 66 to Rs 4,027 per barrel on Thursday, 1 March, as speculators reduced their bets amid a weakening trend overseas. At the Multi Commodity Exchange, crude for delivery in March dropped Rs 66, or 1.61 per cent, to Rs 4,027 per barrel in 4,365 lots. Similarly, oil for delivery …

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March 1, 2018