By Administrator_India Capital Sands Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China’s economy of a crisis at heavily indebted property…
By Administrator_India Capital Sands Oil was up Tuesday morning in Asia, with the U.S. granting the first global full approval for a COVID-19 vaccine, and the expected boost in vaccination rates to follow, increasing hopes for higher fuel demand. Brent oil…
By Administrator_India Capital Sands The oil bonds issued by the UPA government to insulate consumers from crude price shocks have snowballed into a political rallying point. The Modi-led NDA government has blamed these oil bonds that are hitting payback time…
By Administrator_India Capital Sands Oil prices fell for a second day on Friday after the IEA warned that demand growth for crude and its products had slowed sharply as surging cases of COVID-19 worldwide has forced governments to revive restrictions…
By Administrator_India Capital Sands Oil rebounded in post-market trading after an industry report showed declining U.S. inventories. Futures in New York edged up after closing 0.4% lower on Tuesday. Domestic crude supplies fell 4.73 million barrels last week, according to…
By Administrator_India Capital Sands Oil prices were steady on Tuesday with investors betting tight supply and rising vaccination rates will help offset any impact on demand due to surging COVID-19 cases worldwide. Brent crude futures climbed 13 cents, or 0.2%,…
By Administrator_India Capital Sands Oil was down Friday morning in Asia, but held onto the bulk of a three-day advance, as optimism that rising demand will tighten the global market prevailed. Brent oil futures were down 0.37% to $73.52 by 11:24 PM…
By Administrator_India Capital Sands Oil was down Friday morning in Asia even as data released on Thursday said U.S. fuel inventories fell and demand surged as economic recovery drove consumption. Brent oil futures fell 0.32% to $73.88 by 10:10 PM ET (2:10 AM…
By Administrator_India Capital Sands Crude dropped on Tuesday as investors cashed in on a recent rally, but market sentiment remained solid on hopes for a quick recovery in oil demand in the U.S. and European markets and fading expectations for an early…
By Administrator_India Capital Sands Oil prices nudged up on Monday, underpinned by strong demand during the summer driving season and a pause in talks to revive the Iran nuclear deal that could indicate a delay in resumption of supplies from…
