Market
Oil prices drop on demand recovery fears, OPEC+ easing expectations
The market will be watching next move from OPEC+ whose Joint Monitoring Committee will meet on Wednesday to recommend next level of cuts
Saudi Aramco cuts August heavier crude supply for Asian refiners
Buyers in India, China, Japan, South Korea and Taiwan were notified by Aramco over the weekend about the supply cuts
Gold ticks higher on worries over rising COVID-19 cases
Physical gold sold at a premium in India driven by plunging imports and a near halt in smuggling that offset impact of high unemployment
Oil slips as traders eye supply cut easing at OPEC meeting
Oil prices have recovered sharply in April after OPEC+ cut output by a record 9.7 million barrels per day for three months since May
Oil prices cautiously rise on output cut support
The market is still being supported by a bigger-than-expected drawdown in US crude stockpiles reported last week
Oil prices mixed as virus spike casts shadow over demand
OPEC and allies including Russia have pledged to slash production by a record 9.7 million barrels per day (bpd) for a third month in July
Oil falls as growing coronavirus cases stoke fuel demand worries
Gasoline demand will be closely watched as US heads into its July 4 holiday weekend as many Americans are expected to hit the road
Oil prices slip on demand fears as virus cases surge
The EIA data showed that gasoline imports hit the highest level since last August and peaked the most on a seasonal basis in nine years
Jet fuel price hiked by 7.5%; petrol, diesel rates unchanged for second day
Aviation turbine fuel (ATF) price was hiked by Rs 2,922.94 per kilolitre (kl), or 7.48 per cent, to Rs 41,992.81 per kl in Delhi
Oil prices fall as weak Japan data exposes market jitters over fragile demand
Japan reported industrial output for May fell 8.4% in May from the previous month, compared with market forecasts for a 5.6% decline