updatecrude

crude oil inventories rose by 5.2 million barrels.Over the past four weeks, inventories have risen by 22 million barrels, the biggest four-week build since April 2012 and the second largest since February 2009.Equity market tips

Crudeoil trading range for the day is 6099-6301. Crude oil dropped after official data revealed that U.S. crude supplies rose more than expected. The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 4 million barrels Saudi Arabia increased...

Crude il rose after the seizure of Libya's prime minister punctured confidence that its oil exports would return smoothly to normal.The OPEC nudged up its 2014 global oil demand forecast by 1.0 mbd to reach 90.8 mbd Libya's oil output has risen to 700,000 bpd, after falling at mid-year to its...

Crudeoil trading range for the day is 6336-6536.Crude rose after energy company TransCanada said that it would complete work on the southern leg of its Keystone Pipeline later this month.Crude inventories in the United States rose sharply last week as refinery utilisation fell, while the...

Crudeoil trading range for the day is 6283-6707.Crude rose as rupee weakness supported prices but pressure seen as a U.S.-Russia deal to remove chemical weapons from Syria.EQUITY TIPS

At the MCX, Crude Oil futures, for the October 2013 contract, is trading at Rs 6,381 per barrel, down by 0.33 per cent, after opening at Rs 6,397, against a previous close of Rs 6,402.EQUITY TIPS

CPO trading range for the day is 527.1-538.5.Crude palm oil ended with losses due to ample stocks availability in the spot market on account of higher supply from major producing belts Edible oil imports of India could rise 4 percent to a record 10.7 million tonnes in 2013/14 due to growth in...

At the MCX, Crude Oil futures, for the October 2013 contract, closed at Rs 6,501 per barrel, down by 0.52 per cent, after opening at Rs 6,536, against a previous close of Rs 6,535. It touched an intra-day low of Rs 6,476EQUITY TIPS

Crudeoil trading range for the day is 6421-6701.Crude oil dropped as higher crude output from Iraq and a possible thaw in U.S.-Iran relations boosted the supply outlook.Iraq, a key OPEC producer, said it boosted output from its southern oilfields after repairing a leaking pipeline.Reports that...

At the MCX, Crude Oil futures, for the September 2013 contract, closed at Rs 6,637 per barrel, up by 0.11 per cent, after opening at Rs 6,601, against a previous close of Rs 6,630.EQUITY TIPS

Crude Oil futures, for the September 2013 contract, is trading at Rs 6,733 per barrel, down by 0.36 per cent, after opening at Rs 6,733, against a previous close of Rs 6,757. It touched an intra-day low of Rs 6,722. EQUITY TIPS

Crudeoil trading range for the day is 6744-6968.Crude oil gained after bargain hunters snapped up nicely-priced positions and erased losses stemming from bearish US supply data EQUITY TIPS

Crude oil futures prices declined by one per cent to Rs 4,705 per barrel today as speculators trimmed their positions amid a weak trend overseas. At the Multi Commodity Exchange, crude oil for delivery in July fell by Rs 48, or 1.01 per cent, to Rs 4,705 per barrel, with a business volume of...