Today crude oil inventory time in india

The April Brent futures contract expired on Feb.

Mutual Funds. ET TV. More Menu. Oil prices ease, US crude stock build fuels demand fears Brent crude futures fell 22 cents, or 0. West Texas Intermediate crude futures were down 30 cents, or 0.

Today crude oil inventory time in india

What's your call on Crudeoil today? Read investor views. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol. Fractional Ownership. Powered by. Verify your Moneycontrol account. Please verify your today. Verify Now. Mar 01, Open 6, High 6, Low 6, Bid Price 0.

Oil prices rose slightly on Thursday, holding to gains from the previous session that came amid signs of tighter supply. Open Interest

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform. Crude oil inventory is the term used to describe the amount of oil held in storage facilities by oil producers, refiners, and other market participants. It serves as an important indicator of supply and demand dynamics in the oil market and can have a significant impact on oil prices. The U. They provide weekly updates on the level of crude oil inventories through their 'Weekly Petroleum Status Report. The EIA collects data on crude oil inventory from a variety of sources, including surveys of oil producers, refiners, terminal operators, and other market participants.

The April Brent futures contract expired on Feb. Brent futures for April delivery rose 29 cents, or 0. Brent crude futures fell 22 cents, or 0. West Texas Intermediate crude futures were down 30 cents, or 0. Brent crude futures fell 38 cents, or 0.

Today crude oil inventory time in india

India is one of the largest importers of crude oil in the world, with the country relying heavily on oil imports to meet its energy needs. India also imports crude oil from other countries, including Nigeria, Venezuela, and Russia. India's crude oil imports are typically transported by tanker ships, which carry the oil from the producing countries to India's ports. From there, the oil is distributed to refineries across the country for processing. Crude oil is an important commodity in India, and the country's trade in oil is closely watched by investors and market analysts. The price of crude oil can have a significant impact on India's economy, as the country is heavily reliant on oil for transportation, industrial production, and other uses. Supply and demand: The price of crude oil is largely determined by the balance between supply and demand in the global market. If demand for oil is high, while supply is limited, the price will tend to increase.

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Open Interest Single report. Future Margin Calculator x. While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. Intraday Series. Please verify your today. In addition to the weekly updates, the EIA also publishes monthly reports on crude oil inventory, along with other petroleum data, such as production, imports, exports, and refinery utilization rates. A similar sell-off was witnessed in the domestic futures as well, but a weak Indian rupee prevented major liquidation in the commodity. Oil rises as Middle East tensions offset economy concerns While the Organization of the Petroleum Exporting Countries and allies are cutting production to bolster the market, U. You are already a Moneycontrol Pro user. Plantation Kapas Cotton Candy. More Gainers ». China, the United States, and India lead the pack.

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Low 0. Insights Description Table of Contents. News across the web ». More Gainers ». Market Calendar. IndexBox Inc. Mutual Funds. Last Traded on Mar 01, Open 6, Overall, the EIA's crude oil inventory data plays a crucial role in helping market participants and policymakers understand the state of the oil market and make informed decisions based on supply and demand dynamics.