Sensex: 80,080.57 (-0.09%)

Nifty: 24,500.90 (0.00%)

anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Weekly Crude Oil Review: WTI Crude oil jumps above $74 per barrel
05-Oct-2024 13:10
WTI Crude Oil futures soared above $74 per barrel, marking their highest level in four weeks and eyeing the strongest weekly gain since March 2023. The escalating conflict in the Middle East fueled supply fears, especially after US President Biden avoided condemning potential Israeli strikes on Iran's oil facilities. However, concerns were tempered by OPEC's spare capacity and Libya's resumed oil production. US supplies also remain elevated. The US Energy Information Administration reported an estimated inventory build of 3.9 million barrels for the week to September 27, driven by the latest escalation in the Middle East. The inventory change compared with a draw of 4.5 million barrels for the previous week, which also saw declines in fuel inventories. The US Gasoline stocks also added 1.1 million barrels in the reporting period, with production averaging 9.6 million barrels daily. This compared with a draw of 1.5 million barrels for the previous week, and production averaging 9.8 million barrels daily.

Powered by Commodity Insights

Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.