On Monday, Oil prices floated close to USD 75 a barrel in Asia, buoyed by rallying global stock markets and improving investor sentiment.
On the New York Mercantile Exchange, Benchmark crude for October delivery was downhill 38 cents at USD 74.79 a barrel at late afternoon Singapore time in electronic trading The contract rose USD 1.81 to settle at USD 75.17 on Friday.
In other Nymex trading in September contracts, heating oil fell 0.67 cent to USD 2.038 a gallon and gasoline added 0.31 cent to USD 1.951 a gallon. Natural gas for October delivery was stable at USD 3.704 per 1,000 cubic feet.
On the ICE futures exchange, Brent crude was downhill 55 cents to USD 76.10 a barrel.
Magna velit urna Aenean laoreet tellus orci Suspendisse Integer lacus urna. Vivamus mus vitae Integer Nulla turpis tortor mauris montes sem et. Orci convallis vitae mattis Sed Morbi porttitor justo convallis urna feugiat.
Oil cascades near to USD 75 a barrel
Buy MCX gold Oct agreement at Rs 18,870
In eight weeks, Gold grew up to its strongest as dollar fell beside the euro, with worries that the U.S. economic recovery was standing likely to make the metal to new highs. Gold registered its fourth consecutive upbeat week Rs 18,897, after trading as sky-scraping as Rs 18,998 this week in a move that started at Rs 17,700 five weeks ago. Our short term target on this bull move is the June record high of Rs 19,285, as we remain bullish on gold with a short term stop loss below Rs 18,650. Spdr gold trust holdings increased by 0.61 tons to 1,298.56 tons, said Ajay Kedia, managing director, Kedia Commodities.
The support for the gold MCX is observed at Rs 18,883 and below could see a test of Rs 18,869. Confrontation is now likely to be seen at Rs 18,909, a move above could observe prices testing Rs 18,921.
He suggested buying in MCX gold October contract at Rs 18,870, with stop loss of Rs 18,840 and target of Rs 18,900-18,932-18,960.
Oil cascades near to USD 72 a barrel
On Tuesday, oil prices went down to near USD 72 a barrel in Asia as regional markets fell in the middle of fresh concerns about the speed of the global economic recovery.
On the New York Mercantile Exchange, Benchmark crude for October delivery was downhill 84 cents at USD 72.26 a barrel at midday Kuala Lumpur time in electronic trading. On Monday,the contract knocked down 72 cents to resolve at USD 73.10, after beating a high of USD 74.88 past in the day.
In September contracts, heating oil cut down 1.5 cent to USD 1.941 a gallon and natural gas gained 0.2 cent to 4.068 per 1,000 cubic feet, ln other Nymex trading. Gasoline fell 1.6 cent to USD 1.865 a gallon.
On the ICE futures exchange, Benchmark crude for October delivery was downhill 71 cents at USD 72.91 a barrel.
Oil climbs above USD 75 a barrel
On Thursday, oil prices floated over USD 75 a barrel in Asia amid investor concerns U.S. economic growth will slow in the second half and stymie demand for crude.
On the New York Mercantile Exchange, Benchmark crude for September delivery gone up 10 cents to USD 75.54 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract lost 35 cents to resolve at USD 75.42.
In September, in other Nymex trading contracts, heating oil gone up 0.17 cent to USD 2.027 a gallon, gasoline cut down 0.76 cent to USD 1.954 a gallon and natural gas held at USD 4.236 per 1,000 cubic feet.
On the ICE Futures exchange, Brent crude gone up 33 cents to USD 76.80 a barrel, In London.
Oil cascades below USD 75 a barrel
On Wednesday, In the world’s largest economy, Oil prices knock down lower USD 75 a barrel after a report showed U.S. crude supplies enlarged last week, renewing concerns about demand for fuel.
On the New York Mercantile Exchange, by in the early hour’s afternoon in Europe, benchmark crude for September delivery was down 97 cents at USD 74.80 a barrel in electronic trading. On Tuesday, the contract increased 53 cents to resolve at USD 75.77, returning from five straight days of losses.
In September contracts, heating oil cut down 1.68 cents to USD 2.0091 a gallon and gasoline cut down 2.55 cents to USD 1.9277, in other Nymex trading. Natural gas eased 0.3 cent to USD 4.264 per 1,000 cubic feet.
Brent crude was downhill 93 cents at USD 76.00 a barrel on the ICE Futures exchange, in London.
Oil prices falls further to 75.74 a barrel
On Thursday, oil prices lost further ground as discouraging global economic news resistant concerns in relation to dawdling consumer demand for energy products.
On the New York Mercantile Exchange, for September, Benchmark crude delivery fall USD 2.28 to resolve at USD 75.74. Prices turned down for a third straight day.
In September contracts, in other NYME trading, natural gas left 3 cents to resolve at USD 4.296 per 1,000 cubic feet; heating oil knock down 7.37 cents to resolve at USD 2.0015 a gallon and gasoline crashed 4.28 cents to resolve at USD 1.9548 a gallon.
On the ICE Futures exchange, in London, Brent crude gives up USD 2.12 to resolve at USD 75.52 a barrel
On August 12,the Reserve Bank of India`s (RBI) position rate for rupee devalued 0.86% besides US dollar at 46.94, contrasted to 46.54 on the preceding working day (August 11).
On Wednesday, oil prices retreated for a second day as concern grows above whether consumers will pay out additional on energy in a sluggish economy.
On the New York Mercantile Exchange, Benchmark crude for September delivery cut down USD 2.23 to settle at USD 78.02 a barrel.
In September contracts, Nymex trading, heating oil cut downhill 5.02 cents to settle at USD 2.0752 a gallon, gasoline slid 8.77 cents to settle at USD 1.9976 a gallon and natural gas settled upbeat 2.9 cents at USD 4.326 per 1,000 cubic feet.
On the ICE Futures exchange, in London, Brent crude crashed USD 1.96 to settle at USD 77.64. Sensex cascades 88 pts and IIP situate at 7.1%
Oil prices fall to 80.25 a barrel
On Tuesday, oil prices regained some ground but settled lower after the Federal Reserve announced a slight move to boost up the U.S. economic recovery.
On the New York Mercantile Exchange, Benchmark crude lost USD 1.23 to settle at USD 80.25 a barrel after declining as low as USD 79.20 a barrel earlier in the day.
In other Nymex trading in September contracts, heating oil gave upbeat 2.84 cents to settle at USD 2.1254 a gallon, gasoline dropped 3.34 cents to settle at USD 2.0853 a gallon and natural gas knock down 1.2 cents to settle at USD 4.297 per 1,000 cubic feet.
On the ICE Futures exchange, in London, Brent crude USD 1.39 to settle at USD 79.60.
Oil prices falls to USD 82.47 a barrel
On Thursday, oil prices were somewhat lower. After dropping during European trading, they assembled on reports that contained good news on the U.S. jobs front before leveling off.
On the New York Mercantile Exchange, Benchmark crude for September delivery fell 8 cents to USD 82.47 a barrel in early trading. The price has been at levels not seen since May for three successive days in spite of abundant supplies or oil in storage and weak demand for gasoline and other refined products.
In other Nymex trading in September contracts, heating oil rose 0.22 cent to USD 2.2022 a gallon, gasoline lost 1.85 cents to USD 2.1750 a gallon and natural gas added 9.8 cents to USD 4.737 per 1,000 cubic feet.
On the ICE Futures exchange, in London, Brent crude fell 48 cents to USD 82.68 a barrel.
Page 1 of 5
