oil

Crudeoil trading range for the day is 5805-6129. Crude oil rose on ideas the January start-up of a pipeline from Cushing, Oklahoma, to the Gulf Coast would drain crude stocks at the giant storage hub. Prices extended gains on Tuesday amid forecasts U.S. crude stockpiles dropped last week for the...

Crudeoil trading range for the day is 5747-5925.Crude oil rose after strong manufacturing data from China and the United States, the world's two biggest oil consumers.Oil prices found some extra support from evidence that the OPEC pumped less oil in November, mainly due to decreased production...

Crudeoil trading range for the day is 5704-5952. Crude oil ended with gains as prolonged unrest in Libya kept supply worries to the fore. Supply concerns just as winter demand for oil peaks will keep prices supported, but the outlook remains weak. U.S. crude oil output last week exceeded 8...

Menthaoil trading range for the day is 854.5-882.3.Menthaoil spot is at 962/-. Spot market is down by Rs.4/-.Mentha Oil ended with losses tracking weakness in spot demand.Sentiments weakened further due to sluggish demand from consuming industries in the spot market.Technically market is under...

Menthaoil trading range for the day is 869-883.8. Menthaoil spot is at 966/-. Spot market is down by Rs.2/-. Mentha oil ended with losses amid sluggish demand in the spot market against increased supplies from producing region. The total stock position of around 33-34 thousand tonnes of mentha...

Ref.Soya oil trading range for the day is 714-730.Ref.Soya oil settled up 0.35% on limited supplies in spot markets and gains in the overseas market.India's soybean production in 2013/14 is likely to drop 4.4 percent from the previous year to 10.23 million tonnes.Soyabean crushing has started...

Crudeoil trading range for the day is 5695-5933.Crude oil held on to losses after a government report showed that U.S. oil supplies rose more-than-expected last week.The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 3 million barrels The...

Ref.Soya oil trading range for the day is 716-728.Ref soyoil ended with losses tracking weakness in spot demand on a stronger rupee and losses in overseas markets. The continuous appreciation of the rupee has been putting pressure on edible oil and oilseed prices.There are concerns that Iran may...

Crudeoil trading range for the day is 5839-5971.Crude inched lower as investors judged the historic deal between Iran and world powers would bring no immediate increase in supplies from OPEC member.Also supporting oil is a drop in Libya's exports to a fraction of its capacity because of protests...

Ref.Soya oil trading range for the day is 725-739.Ref soyoil dropped on profit booking after prices gained on positive overseas markets and declining arrivals in domestic markets. Arrivals were down due to election activities like campaigning in the state.The demand picked up during the demand...

Crudeoil trading range for the day is 5899-6105.Crude oil dropped on profit booking despite expectations dwindled of an imminent breakthrough in talks over Iran's nuclear programme.Sanctions on Iran have kept around 1 million bpd of oil from the global market and any deal could allow some of...

Crudeoil trading range for the day is 5865-6159. Crude oil jumped fuelled by a sharp run-up in gasoline and gas oil prices on news of dwindling stocks and refinery glitches in the United States and Europe. Unrest in Libya has helped support prices by stoking supply concerns. Adding further...

Ref.Soya oil trading range for the day is 712-738.Ref soyoil ended with gains on robust demand in spot markets, a weaker rupee and as edible oil prices rose in the overseas markets.Besides because of heavy rains, yields have also gone down.As per the SEA the import of vegetable oils during Nov...

Crudeoil trading range for the day is 5865-6159. Crude oil jumped fuelled by a sharp run-up in gasoline and gas oil prices on news of dwindling stocks and refinery glitches in the United States and Europe. Unrest in Libya has helped support prices by stoking supply concerns.Equity market tips

CPO trading range for the day is 553.7-571.3.Crude palm oil ended with gains tracking firmness in spot demand and also prices supported due to steady demand for the tropical oil Cargo surveyor Intertek Testing Services showed exports of Malaysian palm oil in Nov. 1-20 slipped 2.1 percent to...

Crudeoil trading range for the day is 5822-5992.Crude oil gained after U.S. oil inventories increased by less than expected last week, although optimism about nuclear talks with Iran kept prices in check.The U.S. Energy Information Administration said in its weekly report that U.S. crude oil...

Ref.Soya oil trading range for the day is 705-721.Ref soyoil gained following gain in overseas edible oil prices and on strong demand in local spot markets amid limited suppliesSoybean supplies are not rising as per expectations and demand is robust.Technically market is under short covering as...

Ref.Soya oil trading range for the day is 699-725.Ref soyoil ended with losses due to weak demand and losses in overseas markets.Demand is extremely weak and no immediate relief is visible.Physical market sentiments are also down on poor demand amidst prospects of improving supply from the...

Crudeoil trading range for the day is 5815-5951. Crude oil recovered in a choppy session as investors waited for talks to begin between Western delegates and Iran over the latter's nuclear program and ways to close it. Crude prices have been on a downward trend in recent weeks amid concerns U.S...

Ref.Soya oil trading range for the day is 707-725.Ref soyoil gained on limited supplies of good quality harvest amid good demand from oil millers.Exports of soymeal from India rose to 182,724 tonnes in October from 49,840 tonnes a year earlier.Soybean crushing has started picking up that may...