Royal Dutch Shell Plc is shaking up its mighty in-house trading unit, with the retirement of Mark Quartermain as head of crude — a job widely seen as the most powerful in the global oil-trading industry.
Crude Oil Trend Today
U.S. Crude Oil Stockpiles Rose By 15.2 Million Barrels Last Week
Crude Oil was little changed in the face of the second largest U.S. crude oil build on record as the market held onto hopes of an upcoming vaccine rollout lifting demand from its pandemic-induced slump.
BUY CRUDE OIL MCX 2905—2900 Target Price Paid SL Paid – Neal Bhai
Crude Oil MCX yesterday settled up by 1.11% at 2920 as the latest tropical storm in the Gulf of Mexico lost strength, but worries about fuel demand persisted with flare-ups around the globe in coronavirus cases.
MCX Crude Oil Target 4310—4440, Bulls Are Back Despite Bearish Fundamentals
Crude oil prices on Friday gained Rs 36 to Rs 4,236 per barrel as speculators created fresh positions amid positive trend at spot market.
MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s
MCX Crude Tips Rocking – 4100 to 4069 – Don’t Miss It, Fast Join Day Trading for Small Trader’s
Crude Oil on MCX settled down 1.38% at 4077 due to excess supply in the market and on uncertainty over a potential trade deal between the U.S. and China. U.S. shale production is likely to climb by 49,000 barrels a day in December to 9.133 million barrels a day.
MCX Crude Tips Rocking – 4030 TO 4104 Enjoy – Boom Boom – Neal Bhai – 9899900589
MCX Crude Tips Rocking – 4030 TO 4104 Enjoy – Boom Boom – Neal Bhai – 9899900589
Crude Oil imports support rise in consumption as production fall in August
India’s crude oil production in August decreased 5.4% year-on-year. Production volumes of Oil and Natural Gas Corporation (ONGC) and Oil India Limited (OIL) declined 3.7% year-on-year and 4.3% year-on-year, respectively, and that of fields under production-sharing contracts decreased 9.5% year-on-year during the month, rating agency India Ratings and Research (Ind-Ra) said its monthly report.