Petrol – Atlas Today

Written by:RituPosted on:November 3, 2022

Oil prices retreated from a three-week high on Thursday after weak economic data from China pointed to more trouble in the world’s largest crude importer, while the outlook for demand was also dimmed by the prospect of higher U.S. interest rates A private survey showed that China’s massive services sector shrank for a second straight month in October, heralding more economic weakness for the country as it struggles with containing new COVID outbreaks Speculation over…

Written by:RituPosted on:October 21, 2022

Oil prices fell on Friday after a warning on economic growth from the Federal Reserve, but were still set to end the week higher on positive signals from China and on the prospect of tightening supply in the coming months London-traded Brent Oil Futures, the global benchmark, fell 0.3% to $92.45 a barrel, while West Texas Intermediate crude futures rose 0.2% to $84.67 a barrel by 21:34 ET (01:34 GMT). Brent was set to end…

Written by:RituPosted on:October 19, 2022

Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China Brent crude futures rose 73 cents, or 0.8%, to $90.76 a barrel by 0100 GMT. U.S. West Texas Intermediate crude was at $83.95 a barrel, up $1.13, or 1.4%. WTI’s front-month contract expires on Thursday Brent…

Written by:RituPosted on:October 18, 2022

Oil prices were muted on Tuesday as markets weighed signs of tightening crude supply against increasing fears that a global economic slowdown will erode crude demand this year Crude markets marked a slow start to the week, retaining most of last week’s losses amid growing signs that the United States will enter a recession within the next 12 months, according to Bloomberg economists The dismal forecast comes amid rising inflation in the country, with steep…

Written by:RituPosted on:October 7, 2022

Oil Prices Fell On Friday As Markets Awaited More Economic Cues From A Closely-Watched U.S. Payrolls Report, But Were Headed For Strong Weekly Gains After The OPEC+ Announced Its Biggest Supply Cut Since The 2020 COVID Pandemic London-traded Brent oil futures fell 0.4% to $94.43 a barrel, while West Texas Intermediate crude futures were largely unchanged around $88.53 a barrel by 20:44 ET (00:44 GMT). Both contracts were up 7.4% and 11% this week, respectively,…

Written by:RituPosted on:July 15, 2021

By Administrator_India Capital Sands Petrol, diesel prices were hike once again on July 15 after a brief two-day pause. The increase, 40th since May 4, took fuel prices across the country to a fresh high. Petrol prices were hiked by 34-35 paise per litre on July 15, while cost of diesel increased by 15-16 paise a litre. In Delhi, the price hike led to a litre of petrol retailing at 101.54 per litre and diesel…