oil

Menthaoil trading range for the day is 834-889.2.Menthaoil spot is at 956/-. Spot market is down by Rs.19/-.Mentha oil ended with losses driven by sluggish demand in the spot market.Adequate stocks position in the physical market following increased arrivals from Chandausi in Uttar Pradesh also...

Crudeoil trading range for the day is 5685-5937. Crude oil fell weighed down by expectations the Federal Reserve could taper its bond buying program. Libyan crude oil exports have fallen by more than 1 million bpd over the last six months. Investors were assessing how energy reforms pledged by...

Crudeoil trading range for the day is 5800-6000.Crudeoil dropped on the reports that a senior U.S. official said a deal with Iran on its nuclear program was "quite possible".Sanctions against Iran because of its nuclear program have kept some 1 million barrels of oil off the global market.The...

At the MCX, Crude Oil futures, for the November 2013 contract, closed at Rs 5,983 per barrel, down by 0.83 per cent, after opening at Rs 6,020, against a previous close of Rs 6,033. Equity market tips

Ref.Soya oil trading range for the day is 720-752.Ref soyoil ended with gains as worries on the standing crop in MP and Gujarat had boosted the sentiments.Soy oil supply from the domestic soybean crushing will start picking up soon that may pressurize the prices to some extentThe import of...

Crudeoil trading range for the day is 5978-6122.Crude dropped amid concerns supply reports due out this week will show the U.S. economy is awash in crudeStrikes and protests across the country have slashed Libya's oil exports to less than 10 percent of its 1.25 million bpd capacityOPEC forecast...

Ref.Soya oil trading range for the day is 721-735. Ref soyoil gained on a weak rupee and an increase in overseas edible oil prices, though rising supplies capped the upside. Soybean supplies and crushing is gaining momentum. Soyoil supplies are rising, but demand is moderate. Exports of soymeal...

Crudeoil trading range for the day is 5957-6117.Crude oil edged up after Iran and six world powers failed to reach a deal on Tehran's nuclear programmeSaudi Arabia produced 9.75 million barrels per day bpd of crude oil in October this year down from 10.1 million bpd in the previous monthKuwait's...

Ref soyoil settled flat on lower demand due to higher prices. Buyers are now finding the prices higher but weak soybean supplies are supporting the prices. Deepawali bulk demand is over and on current levels the traders are a little bit cautions in making fresh buy positions. At the Indore spot...

Crudeoil trading range for the day is 5868-6090.Crude oil settled up 0.89% after data revealed the U.S. economy added more jobs than expected in October.China's crude oil imports in October dropped to a 13-month low, coming off record high purchases in September.Equity market tips

Fear of low supplies ahead prevails in the markets keeping in view the lower than expected production and crop quality.Worries on the standing crop in MP and Gujarat have boosted the sentiments in last few days.At the Indore spot market in Madhya Pradesh, soyoil was steady at 751.85 rupees per...

Crudeoil trading range for the day is 5776-6072.Crude oil extended gains after a government report showed that U.S. oil supplies rose less-than-expected last week.The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 1.57 million...

Mentha oil ended with losses as lack of strong demand amidst better crop and stocks kept pressure.The total stock position of mentha oil is currently reported at around 45-50 thousand tonnes.Technically market is under fresh selling as market has witnessed gain in open interest by 10.69% Equity...

Ref.Soya oil trading range for the day is 728-754.Ref soyoil ended with gains bolstered by gains in overseas edible oil prices and good demand in local spot markets due to a festival.Local and overseas fundamentals are driving the market higher.Equity market tips

Crudeoil trading range for the day is 5872-6092.Crude oil came under heavy selling pressure after a government report showed that U.S. oil supplies rose more-than-expected last week.U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 4.1...

Crudeoil trading range for the day is 6004-6134.Crude dropped on expectations that fresh disruptions over the weekend in exports from OPEC member Libya could be short-lived.Libya's crude oil exports have dropped to around 90,000 barrels per day (bpd), less than 10 percent of capacityToday crude...

Menthaoil trading range for the day is 847.3-866.1.Menthaoil spot is at 946/-. Spot market is up by Rs. 8/-.Mentha oil ended with losses due to strong carryover stocks in major mandies along with sluggish demand.Most of cultivators have reported strong liquidation in the major mandies to meet...

Crude oil futures may remain volatile today ahead of key US industrial production data which may determine when the US Federal Reserve starts tapering record stimulus. At the MCX, Crude Oil futures, for the November 2013 contract, closed at Rs 6,045 per barrel, up by 0.75 per cent, after opening...

Menthaoil trading range for the day is 830.9-850.5.Menthaoil spot is at 940/-. Spot market remains unchanged.Menthaoil dropped due to strong carryover stocks in major mandies along with sluggish demand by user industriesEquity market tips

Crudeoil trading range for the day is 5891-6093.Crude oil dropped as rising supplies of crude oil in the United States drove the prices downConcerns over the U.S. economic outlook and the impact on future oil demand prospects also dampened sentimentsAny relaxation of the sanctions regime against...