OIL DEMAND
Oil prices touch multi-month highs as OPEC+ expected to cap output
Prices rose in line with broader financial markets with Brent crude futures reaching $53.33 a barrel, the highest since March 2020. U.S. West Texas Intermediate (WTI) crude touched $49.83 a barrel, the highest since February 2020.
Rising demand lifts refined soya oil futures
Refined soya oil for January delivery moved up by Rs 8.5, or 0.74 per cent, to Rs 1,198.6 per 10...
Crude oil futures rise on spot demand
Crude oil for January delivery traded higher by Rs 20, or 0.57 per cent, at Rs 3,538 per barrel in 1,28...
Rising demand lifts refined soya oil futures
Refined soya oil for January delivery moved up by Rs 9.4, or 0.8 per cent, to Rs 1,185 per 10 kg in 45,360 lots.
Crude oil futures up on spot demand
Crude oil for January delivery traded higher by Rs 26, or 0.74 per cent, at Rs 3,553 per barrel in 1,420 lots.
Cottonseed cake oil futures fall on soft demand
Cottonseed oil cake for January delivery fell by Re 1, or 0.05 per cent, to Rs 1,999 per quintal with an open interest of 63,540 lots.
Refined soya oil futures fall on low demand
Refined soya oil for delivery in January declined by Rs 3.7, or 0.32 per cent, to Rs 1,165 per 10 kg in 45,835 lots.
Oil rises on hopes of recovery in fuel demand
U.S. West Texas Intermediate (WTI) crude futures rose 27 cents, or 0.6 per cent, to $48.27 a barrel, as of 0114 GMT, while Brent crude futures added 24 cents, or 0.5 per cent, to $51.33 a barrel
Crude oil futures up on spot demand
Globally, West Texas Intermediate crude oil gained 1.01 per cent to $48.10 per barrel, while Brent crude traded 0.98 per cent higher at $51.36 per barrel in New York.
Rising demand lifts refined soya oil futures
Refined soya oil for January delivery moved up by Rs 9.9, or 0.86 per cent, to Rs 1,158 per 10 kg in 44,930 lots.
Cottonseed oil cake futures fall on soft demand
Cottonseed oil cake for January delivery fell by Rs 35, or 1.75 per cent, to Rs 1,967 per quintal with an open interest of 65,390 lots.
Rising demand lifts refined soya oil futures
Refined soya oil for January delivery moved up by Rs 7.20, or 0.63 per cent, to Rs 1,153 per 10 kg in 51,430 lots.
Cottonseed oil futures fall on soft demand
Cottonseed oil cake for January delivery fell by Rs 12, or 0.59 per cent, to Rs 2,008 per quintal with an open interest of 65,720 lots.
Crude oil futures decline on low demand
Crude oil for the January delivery eased by Rs 35, or 1 per cent, to Rs 3,449 per barrel with a business volume of 1,555 lots.
Rising demand lifts refined soya oil futures
Refined soya oil for January delivery moved up by Rs 14, or 1.25 per cent, to Rs 1,135 per 10 kg in 56,860 lots.
