Sensex: 85,712.37 (-0.71%)

Nifty: 25,960.55 (-0.86%)

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

Technology . Transparency . Trust

Contact Us
Apply For IPO

MARKET

Commodity News Details
Energy Preview: WTI crude oil futures spike over 1.5%
01-Dec-2025 09:02

WTI crude oil futures are sharply higher on Monday morning in Asia as the OPEC+ agrees to halt the Oil output increase from the first quarter of 2026. The counter is quoting at $50.49 per barrel, up 1.61% as the group on Sunday reportedly confirmed the three-month halt initially announced in early October, citing seasonal factors. Additionally, the OPEC+ has approved a mechanism that will assess members' maximum production capacity to be used for setting output baselines from 2027, against which members' output targets are set, report claimed. Meanwhile, firm hopes of an interest rate cut by the Federal Reserve (Fed) in its monetary policy meeting this month are also supporting the oil price. However, prospects for a Russia-Ukraine peace deal could limit gains in the commodity. In November, WTI oil futures lost almost 4%.

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.