Oil Trade

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.

A new study suggests that people from the Pitted Ware Culture (PWC) in ancient Scandinavia likely built boats from animal skins, possibly seal hides, to fish, hunt, and trade. The PWC was a Neolithic group of hunter-gatherers who lived between 3500 and 2300 B.C. in regions near the Baltic and North Seas.

The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.

Indian Oil Recruitment 2024: The selection process includes a written test comprising objective-type multiple-choice questions. The test consists of 100 questions, each carrying 1 mark, with negative marking for incorrect answers.

The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India.

Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers.

Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, Beijing's customs data showed Tuesday.

Benchmark indices Sensex and Nifty cut short two days of losses and settled with marginal gains in a range-bound trade on Monday as IT, oil and gas and telecom shares advanced amid optimism in the global markets.

Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.

The rupee declined 2 paise to 81.96 against the US dollar in early trade on Thursday amid weak sentiments in the Asian markets and upward movement in the crude oil price.

The rupee traded in a narrow range and settled on a flat note at 81.92 (provisional) against the US dollar amid rising crude oil prices and foreign fund outflows.

The rupee was trading in a narrow range in the morning session on Monday as positive sentiment over domestic equities rise and easing crude oil price were partially negated by a stronger American currency in the overseas market.

Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets.

The rupee appreciated 11 paise to close at 82.14 (provisional) against the US dollar on Thursday, as crude oil prices retreated from elevated levels.

Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.

A new study suggests that people from the Pitted Ware Culture (PWC) in ancient Scandinavia likely built boats from animal skins, possibly seal hides, to fish, hunt, and trade. The PWC was a Neolithic group of hunter-gatherers who lived between 3500 and 2300 B.C. in regions near the Baltic and North Seas.

The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.

Indian Oil Recruitment 2024: The selection process includes a written test comprising objective-type multiple-choice questions. The test consists of 100 questions, each carrying 1 mark, with negative marking for incorrect answers.

The first-ever crude oil transaction under the newly implemented Local Currency Settlement (LCS) system took place on Monday between Abu Dhabi National Oil Company (ADNOC) and Indian Oil Corporation Limited (IOCL).

Russian energy giant Rosneft has appointed a former Indian Oil Corporation (IOC) director to its board in signs it may be looking at boosting trade links with India.

Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers.

Chinese imports of Russian oil last month hit their highest level since Moscow's February 2022 invasion of Ukraine, Beijing's customs data showed Tuesday.

Benchmark indices Sensex and Nifty cut short two days of losses and settled with marginal gains in a range-bound trade on Monday as IT, oil and gas and telecom shares advanced amid optimism in the global markets.

Oil traders are starting to ignore the most important person in the market. It could prove a risky gambit.

The rupee declined 2 paise to 81.96 against the US dollar in early trade on Thursday amid weak sentiments in the Asian markets and upward movement in the crude oil price.

The rupee traded in a narrow range and settled on a flat note at 81.92 (provisional) against the US dollar amid rising crude oil prices and foreign fund outflows.

The rupee was trading in a narrow range in the morning session on Monday as positive sentiment over domestic equities rise and easing crude oil price were partially negated by a stronger American currency in the overseas market.

Rising for the second straight session, the rupee appreciated 8 paise to close at 82.09 (provisional) against the US dollar on Friday, supported by softening crude oil prices in the international markets.

The rupee appreciated 11 paise to close at 82.14 (provisional) against the US dollar on Thursday, as crude oil prices retreated from elevated levels.