Commodity News - Energy
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January 25, 2023, Wednesday
MCX Crude oil may find support at Rs 6,400; Natural Gas could test Rs 227
On the upside, the Rs 6,700-odd level remains a major hurdle for Crude Oil futures; whereas, interim support for Natural Gas is ...
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January 18, 2023, Wednesday
Uptrend in Crude oil capped at Rs 6,760; Pivot for Natural Gas at Rs 285
In case Rs 285 holds, Natural Gas futures can potentially rally to Rs 344.
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January 11, 2023, Wednesday
Near support for MCX Crude Oil seen at Rs 6,030; Natural Gas to test Rs 285
In case, the MCX Crude Oil futures fail to hold the support, the commodity could revisit its December lows of Rs 5,850 level.
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January 05, 2023, Thursday
Oil sinks over 8% in 2 days to below $79, biggest one-day loss in 3 months
Brent futures fell $3.70 to $78.40 a barrel, a 2.9 per cent loss. US crude dropped 3.5 per cent, to $73.36 per barrel. Both ...
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January 04, 2023, Wednesday
Crude Oil may weaken below Rs 6,340; key support for Natural Gas at Rs 333
On the downside, MCX Crude Oil January futures could slide to Rs 5,940 or even re-test the recent lows at Rs 5,850-level; Natural ...
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January 02, 2023, Monday
European gas prices fall to lowest since Feb 21, before Ukraine war began
Lower gas prices are also a relief for the European economy, which is pressured by high inflation rates
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December 28, 2022, Wednesday
Immediate hurdle for Crude Oil seen at Rs 6,725; Natural Gas to test Rs 380
On the downside, key support for MCX Crude Oil stands at Rs 6,350, below which a steeper fall to Rs 4,800 seems possible. Rs 413 ...
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December 27, 2022, Tuesday
CIL's coal quality soars 18%, tech in place to improve the quality further
There has been improvement in conformity to declared grade of coal supply from Coal India Ltd sources, with figure jumping to 69% ...
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December 21, 2022, Wednesday
Oil prices up as US crude stocks seen falling, dollar eases in early trade
Brent crude futures rose 8 cents to $80.07 per barrel by 0126 GMT, while US West Texas Intermediate (WTI) crude futures gained 6 ...
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December 21, 2022, Wednesday
Pivot point for MCX Crude at Rs 6,300; Natural Gas Rs 441
On the downside, the MCX Crude Oil futures can re-test its recent low around Rs 5,850-level; whereas, the next support for ...
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December 17, 2022, Saturday
IGL hikes CNG price in Delhi-NCR by 95 paise to Rs. 79.56 per kg from today
It will be the costliest in Gurugram, with a kg of CNG priced at Rs. 87.89 from today
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December 16, 2022, Friday
Oil falls but poised for biggest weekly gain since early Oct on China hopes
Brent crude futures fell $1.80, or 2.2%, to $79.41 per barrel by 0940 GMT
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December 15, 2022, Thursday
Oil dips as dollar firms up and more rate hikes trigger demand concerns
Brent crude futures fell 64 cents, or 0.8%, to $82.06 per barrel by 0730 GMT, while US crude futures slid 73 cents, or 0.9%, to ...
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December 14, 2022, Wednesday
Immediate hurdle for Crude Oil seen at Rs 6,400; Natural Gas at Rs 589
On the downside, Rs 5,850 seems to be a good support for Crude Oil; Whereas Natural Gas futures have multiple supports as per the ...
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December 12, 2022, Monday
Podcast: What will guide oil prices in 2023?
From the high of $120 per barrel in June to the low of $75 per barrel in December, Brent crude oil prices have literally gone up ...
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December 09, 2022, Friday
Oil bounces on pipeline shutdown but heads for weekly loss on demand woes
Brent crude futures were at $76.73 a barrel, up 58 cents, or 0.76%, at 0716 GMT, after dropping 1.3% on Thursday
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December 07, 2022, Wednesday
Here's why MCX Crude Oil can crack to Rs 4,800-level; Natural Gas Rs 280
The MCX Crude Oil and Natural Gas futures seem to be placed on a slippery ground on multiple time-frames, as per the charts.
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December 07, 2022, Wednesday
Oil prices open mixed in early trade on economic fears, rate-hike prospects
Brent crude futures rose 17 cents, or 0.2%, at 0107 GMT to $79.52 a barrel. Last session the benchmark fell below $80 for the ...
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December 02, 2022, Friday
Oil prices edge higher on easing China curbs, firm dollar limits gains
China is set to announce an easing of its Covid-19 quarantine protocols in coming days and a reduction in mass testing
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November 30, 2022, Wednesday
Key support for MCX Crude Oil near Rs 6,200; Natural Gas may consolidate
The MCX Crude Oil December futures could test Rs 7,100-level on the upside as long as the commodity manages to sustain above the ...
