Crude futures are Moving flat at the time of reporting. Weak economic numbers sprinked fears over markets followed by equity markets. China factory numbers sank for 7th month while U.S manufacturing activity Contracted for an 8th straight month. Expected U.S stock draws limited the down side momentum. Weekly nos expected to spur some volatility this…

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Crude futures are Moving flat on Monday at the time of reporting. Both the benchmarks logged in monthly loss in Oct. OPEC+ group sent a positive msg to the market. The group agreed to raise output by a small 137000 bpd in Dec and to pause increases in the FQ of next year. Portfolio managers…

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Brent oil futures prices inched down to $64.36 a barrel while WTI oil futures are Moving flat at $60.58 a barrel at the time of reporting. Both the benchmarks set to close the month at 3 pct loss. Trade Truce between U.S and China is the talk of the town. Larger than expected draw down…

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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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Crude benchmarks sliding as the bearish IEA numbers sang negative tunes across the market. Monthly reports signaled oversupply fears nearby future. Spot markets are not really making profits with narrowing backwardation. Tariffs news Exacerbated worries across the market. Weekly numbers are awaited. Fuel oil markets are weakening at Singapore markets in Asia. Fuel oil spot…

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Crude benchmark futures Recouping from 4 pct last week loss. Prospectus of talks between U.S and China over trade tariffs spilled over positive momentum across the market. China oil imports numbers buoyed up market sentiment. OPEC monthly oil report unchanged the demand numbers while indicating thin chances of supply deficit during the year 2026. Short…

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Brent oil futures for Dec delivery lost $2.72 to $62.73 a barrel while WTI Nov futures logged in $3.18 a barrel on Friday. Both the benchmarks flat prices walloped from multiple sides during the week. Israel-Hamas ceasefire, disappointing moves from OPEC+ and fresh tariff threats from US against China are the fundamental factors that weighed…

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