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Petrol, diesel prices today: Fuel rates hit fresh all-time high; petrol near Rs 110/litre in Mumbai
oil

Oil rises on big decline in U.S. crude stocks

By Administrator_India Capital Sands Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves. U.S. West Texas Intermediate (WTI) crude futures rose 75 cents, or 1.1%, to $71.24 a barrel at 0131 …

Oil slips ahead of US jobs report
oil

Oil slips ahead of US jobs report

By Administrator_India Capital Sands Oil prices dipped on Friday after posting strong overnight gains on a weaker dollar and a bigger-than-expected fall in U.S. crude stocks and were headed for small gains on the week ahead of a highly anticipated U.S. monthly jobs report. U.S. West Texas Intermediate (WTI) crude futures fell 24 cents, or …

Petrol, diesel prices today: Fuel rates hit fresh all-time high; petrol near Rs 110/litre in Mumbai
oil

Oil Down, Investors Still Await Outcome of OPEC+ Output Dispute

By Administrator_India Capital Sands Oil was down, but little changed, Monday morning in Asia. Supplies remained tight as key producers continue to disagree on whether to increase output from August onwards. Brent oil futures rose edged down 0.11% to $75.47 by 10:05 PM ET (2:05 AM GMT) and WTI futures inched down 0.03% to $74.54. A dispute within the Organization …