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Brent Oil - Crude oil futures up 0.75%, WTI trades above $39 a barrel
In the futures market, crude oil for July delivery touched an intraday high of Rs 2,983 and an intraday low of Rs 2,924 per barrel on the MCX ...
The Absurdity of Hiking Oil Prices Amid Lockdown and Pandemic
Taxing oil is the worst among all tax options when income sources have dried up. It will have the most deleterious effect on the level of output and employment.
Urals u-turn as Europe shuns expensive Russian oil
The rapidly rising price of Russia's flagship Urals blend oil has forced European refineries to cut purchases from Moscow and look for crude supplies elsewhere, traders said on Friday.
Oil prices advance on growing fuel demand, even as U.S. coronavirus cases jump
Oil prices rose on Friday, extending gains on optimism about a recovery in fuel demand worldwide, despite a surge in coronavirus infections in some U.S. states and signs of a revival in U.S. crude ...
Russian rouble eases slightly, stocks up on higher oil
The Russian rouble eased slightly on Friday but was underpinned by higher oil prices and a fall in the daily number of new COVID-19 cases. At 0746 GMT, the rouble was 0.1% weaker against the dollar at ...