Sensex: 83,409.69 (-0.20%)

Nifty: 25,405.30 (-0.19%)

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

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
WTI Crude up 1% ahead of EIA inventory data
12-Mar-2025 17:27
WTI Crude oil futures are witnessing steady gains amid Ukraine-Russia ceasefire hopes though prices are not very far from five month low. The Energy Information Administration or EIA's latest monthly report predicts a tight oil market through mid-2025, with inventories falling in Q2 due to lower production in Iran and Venezuela. Brent crude is expected to rise from $70 to $75 per barrel by Q3. However, as OPEC+ eases cuts and non-OPEC supply grows, inventories will build, pushing prices down to an average of $68 per barrel in 2026. This is capping advances in the commodity and WTI Crude is currently up 1% at 66.91 per barrel. Oil is now eying weekly EIA Crude oil inventories data.

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.