updatecrude

Crudeoil trading range for the day is 5945-6175.Crude oil rose after stronger-than-expected U.S. retail sales data boosted optimism over the health of the economy. Equity Tips

Crudeoil trading range for the day is 5911-6103.Crudeoil dropped on profit booking as rupee firmness also weighed after data revealed the U.S. economy picked up more jobs than expected in NovemberMonetary implications of a more robust U.S. economy capped oil's gains, however. The data sent oil...

Crudeoil trading range for the day is 5983-6081.Crude oil edged lower after OPEC agreed to renew a collective oil production cap and some members talked about raising output next year.OPEC agreed on Wednesday to keep its production target unchanged at 30 million barrels per day for the first...

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...

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...

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...

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...

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...

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

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...

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...

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...

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...

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...

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...