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| 07 March, 2021, 05:17 PM IST | E-Paper
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    Oil & Energy

    Oil & Energy

    MCX

    07 Mar | 05:18PM
    FUTURES PRICE

    Crude oil futures rise on spot demand

    On Multi Commodity Exchange, crude oil for March delivery traded 0.59% higher at Rs 4,735 per barrel.

    Inside private equity firm Actis' big India plan, as decoded by Sanjiv Aggarwal, partner - energy

    Having NTPC and SECI (Solar Energy Corporation of India) as intermediaries has given a lot of comfort to investors; it is good for Actis but the financial health of the discoms needs to improve for the overall reliability of the sector, says Aggarwal.

    Actis plans to sell green energy platform Sprng in 2022; to invest $1 billion in India by FY26

    “Actis will look to sell the Sprng business in 2022. By then, we should have 2,000-2,400 mw of operating capacity. I can’t talk about the valuation, but if you have a good quality asset, you get good value for it,” Sanjiv Aggarwal, partner - energy at Actis PE, said. “We are focusing on building high-quality assets.”

    Oil jumps 5% as OPEC+ agrees output rollover for April

    Brent crude futures were up $3.06 or 4.8% at $67.13 a barrel by 11:30 a.m. ET (1630 GMT). U.S. West Texas Intermediate (WTI) crude rose about $3 or 4.7% at $64.17, having earlier scaled its highest since January 2020, at $64.51.

    PM Modi to receive CERAWeek Global Energy and Environment Leadership Award

    It is considered the world's premier annual energy platform, the PMO noted, adding that the event is being held virtually between March 1-5.

    Crude oil futures decline on low demand

    On Multi Commodity Exchange, crude oil for the March delivery eased by Rs 26 to Rs 4,499 per barrel.

    Oil price stabilization fund to help consumers from rising crude prices: Report

    At present, every state has its own way of taxing fuels, while the Centre also collects its own duties and cess. Petrol prices have touched Rs 100 per litre in some pockets of the country and concerns are being expressed about the high taxation which is making the fuels dearer.

    Mutual fund schemes betting on energy stocks offer eye-popping returns. Should you invest?

    Energy stocks have been rallying since the beginning of the year. The energy sector funds have also been going up. The sectoral mutual funds investing in energy stocks have offered 16.57% returns since Jan.

    Oil & Energy Future Prices

    Commodity
    EXPIRY
    PRICE(RS) / UNIT
    CHANGE %
    RANGE MONTH
    OUTLOOK
    26Mar2021
    196.8/ 1 mmBtu
    1.89
    196.8201.8
      
    21Jun2021
    0.0/ 1 BBL
    0.00
    0.00.0
      
    19Apr2021
    4855.0/ 1 BBL
    3.08
    4705.04863.0
      
    27Apr2021
    200.5/ 1 mmBtu
    1.72
    200.5204.8
      
    19May2021
    0.0/ 1 BBL
    0.00
    0.00.0
      
    19Mar2021
    4856.0/ 1 BBL
    3.21
    4694.04858.0
      
    19Aug2021
    4721.0/ 1 BBL
    0.00
    0.00.0
      
    19Jul2021
    0.0/ 1 BBL
    0.00
    0.00.0
      
    25May2021
    204.8/ 1 mmBtu
    1.30
    204.8208.1
      

    Oil & Energy  Spot Details

    Commodity
    PLACE
    PRICE(RS) / UNIT
    RANGE MONTH
    RANGE YEAR
    PREM/DISC
    HAZIRA
    202.0/ mmBtu
    202.0221.8
    112.1244.6
    0.00
    Heating Oil
    -
    143.5/ USGLN
    0.00.0
    0.00.0
    0.00
    Coal
    -
    1431.5/ MT
    0.00.0
    0.00.0
    0.00
    Crude Oil Mini
    MUMBAI
    4330.0/ BBL
    0.00.0
    0.00.0
    0.00
    M.E.Sour Crude Oil
    Mumbai
    3429.0/ BBL
    0.00.0
    0.00.0
    0.00
    Electricity Monthly
    -
    3620.0/ MWH
    0.00.0
    0.00.0
    0.00
    MUMBAI
    4569.0/ BBL
    4241.04569.0
    1.04569.0
    0.00
    CFI
    -
    3100.0/ MT
    0.00.0
    0.00.0
    0.00
    Electricity Weekly
    -
    4372.0/ MWH
    0.00.0
    0.00.0
    0.00
    CER
    -
    413.5/ MT
    0.00.0
    0.00.0
    0.00
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