Oil prices dipped roughly 1% on Thursday, extending losses from the previous session, after OPEC+ postponed a meeting, triggering speculation that the group may not deepen output cuts next year.
Yellow metal held steady, set for its second consecutive weekly gain, supported by a weaker US dollar as markets grew confident that the US Fed was done with its interest.
Brent crude futures fell 52 cents to $81.93 a barrel by 0946 GMT. U.S. West Texas Intermediate crude futures were down 49 cents to $77.28. Oil prices slipped slightly on.
The tax, levied in the form of Special Additional Excise Duty or SAED, on domestically produced crude oil has been reduced to Rs 6,300 per tonne from Rs 9,800 per.
Brent crude futures climbed 66 cents, or 0.8%, to $81.27 a barrel by 0700 GMT while U.S. West Texas Intermediate crude was at $76.49 a barrel, up 60 cents or.
(Reuters) – The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on Nov. 26 to discuss.
Brent crude futures fell 19 cents, or 0.2%, to $82.13 a barrel by 0013 GMT while U.S. West Texas Intermediate crude was at $77.68 a barrel, down 15 cents, or.
By Nerijus Adomaitis OSLO (Reuters) -The global oil market will see a slight surplus of supply in 2024 even if the OPEC+ nations extend their cuts into next year, the.
Prices of imported coal seen rising in H2, domestic prices may largely remain unchanged. Global coal prices, which were trading at a lower range in the first half of the.
Brent futures edged up 4 cents, or 0.1%, to $77.46 a barrel at 0529 GMT. U.S. West Texas Intermediate crude (WTI) was at $72.95, up 5 cents, or 0.1%. Oil.
