Brent oil Dec futures trading down at $64.78 a barrel while U.S Crude Dec futures prices dipped at $60.38 a barrel today at the time of trading. Benchmarks logged in weekly loss last week. Hedgefunds and other money managers opt to sold out equalent of 56 Mb of Brent futures and options over the week…

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Brent oil Dec futures rise $2.99 or 5 pct to $65.58 a barrel on London based ICE Futures Europe Exchange while WTI dec oil futures prices went up $4.15 or 7.25 pct to $61.39 a barrel on Nymex at the time of reporting. Both the benchmarks are trading up as the U.S sanctions on Rosneff…

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Crude oil futures prices are rising for the second consecutive day. Both the benchmarks for Dec delivery buoyed up by prospectus of India-U.S trade deal that could see India gradually reduce Russian crude imports. Trump statement over meeting with Chinese counterpart created uncertainity. He said on Monday that he is looking forward to work with…

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Crude oil benchmarks prices sank today after closing up yesterday evening. US-China tariff war and worries of supply overhang in the coming year are the major headwinds to crude prices as of now. Demand worries compounding negative sentiment prevailed in the market. Weekly nos delayed due to holidays. Consensus is on crude build with product…

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