Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
19 April, 2018 22:39 IST
WTI, Brent crude oil futures settle higher as focus shifts to OPEC meeting
Source: IRIS | 19 May, 2017, 07.43AM
Comments  |  Post Comment

    Crude oil prices closed higher in futures market on Thursday, adding to the previous session's advance on upbeat U.S. inventory data, but the commodity is still expected to face a bumpy ride in coming days ahead of an important OPEC meeting in Vienna to extend production limits.

Light sweet crude oil (WTI) futures went up 0.28 dollar or 0.57 percent to close at USD 49.35 a barrel at the New York-based commodity exchange NYMEX.

Brent crude oil futures rose 0.30 dollar or 0.57 percent to close at USD 52.51 a barrel at NYMEX. WTI-Brent spread was stable on May-2017.

Natural gas futures remained flat at 3.182 a gallon at the NYMEX. RBOB gasoline futures remained flat at 1.606 a gallon at the NYMEX.

In refined products, RBOB heating oil futures remained flat at 1.545 a gallon at the NYMEX.



Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Prism Cement is now Prism Johnson - 19-Apr-2018 15:51
NACL Ind enters into strategic alliance with BioWorks - 19-Apr-2018 15:25
Ramco Systems partners with L3 MAS - 19-Apr-2018 15:21
MCX inks pact with Northern India Textiles Mills' Association - 19-Apr-2018 15:16
BP and Reliance sanction second phase of integrated KG D6 development - 19-Apr-2018 13:45
IndusInd Bank Q4 profit grows 27% to Rs 9.53 bn - 19-Apr-2018 13:40
Reliance Infra wins EPC contract worth Rs 7.74 bn - 19-Apr-2018 12:07
WABAG secures Rs 2.53 bn order under Namami Gange scheme - 19-Apr-2018 11:39
UltraTech Cement commissions new plant in Madhya Pradesh - 19-Apr-2018 11:33
Vascon Engineers receives work order worth Rs 1.19 bn - 19-Apr-2018 11:27
Magma Fincorp raises Rs 5 bn through QIP route - 19-Apr-2018 10:15
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer