LIVE MARKET TRACKER :   BSE SENSEX        |    NSE NIFTY    
GLOBAL MARKETS :  NASDAQ      |    FSI London      |    NIKKEI Japan  
  USD GBP EUR CAD AUD INR
USD -
GBP -
EUR -
CAD -
AUD -
INR -
Indian-Commodity  :  Commodities  :  Crude Prices End Higher Led By Gains In Gasoline

Crude Prices End Higher Led By Gains In Gasoline (15-Apr-2011)

Crude prices ended a dollar higher on Thursday, supported by a move higher in gasoline futures after a government report showed falling US gasoline supplies. The crude reversed early losses as a weaker dollar provided lift and offset worries that high prices would erode demand.

Data from the US Energy Information Administration (EIA) showed that US gasoline stocks plunged by 7 million barrels last week to their lowest level since October as refiners cut processing rates and cleared inventories of winter-grade fuel.

Meanwhile, it was reported that Libyan rebels are exporting a minimum amount of crude from fields which are pumping around 100,000 barrels per day, way less than the country's usual production at 1.6 million bpd.

Benchmark crude for May rose $1, or 0.93 percent to settle at $108.11 a barrel, after trading in a range of $105.77 to $108.55 on the New York Mercantile Exchange. In London, Brent crude gained $1.96, or 1.6%, to $122.88 a barrel on the ICE.

Top News Today
DB Realty's JV inks term sheet for development of 'DB Skypark'
(16-Jan-2018)

DB RealtyDB Realty's joint venture (JV) - ECC DB JV, in which company holds 74% stake has signed a Term Sheet on January 15, 2018 with Xanadu Development (Development Manager) for the purpose of development management......click on news to read complete article.

Ramco wins trust of Global Fortune Top 5 organization
(16-Jan-2018)

Ramco wins trust of Global Fortune Top 5 organizationAfter making its entry into Gartner Magic Quadrant and Forrester Wave for SaaS HCM Suites, Ramco Systems, cloud enterprise software major has witnessed increased traction from Multinationals and Fortune......click on news to read complete article.

Mohota Industries inks JV pact for development of affordable housing project
(16-Jan-2018)

Mohota Industries inks JV pact for development of affordable housing projectMohota Industries, through its Special Purpose Vehicle (SPV), entered into its third joint venture (JV) agreement with a renowned developer for the multi-use development project with an estimated value......click on news to read complete article.

International Stock News
Asian markets trade mostly higher in early deals on Tuesday
(16-Jan-2018)

Asian markets trade mostly higher in early deals on TuesdayMost of the Asian equity benchmarks are trading up in the early deals on Tuesday following a holiday for US markets as investors looked ahead to American corporate earnings. The Japanese market is rising......click on news to read complete article.

US markets end near record closing high levels
(13-Jan-2018)

US markets end near record closing high levelsFriday turned out to be a fabulous day of trade for the US equity markets, with Wall Street ending the session near record closing levels, as traders remained optimistic about the earnings season after......click on news to read complete article.

Asian markets trade mostly higher in early deals on Friday
(12-Jan-2018)

Asian markets trade mostly higher in early deals on FridayMost of the Asian equity benchmarks are trading up in the early deals on Friday following the record closing highs overnight on Wall Street amid easing worries about US Treasuries and a rise in crude oil......click on news to read complete article.

 

     
  
Recent Commodities News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.