Sensex: 78,205.98 (-1.72%)

Nifty: 23,866.85 (-1.63%)

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 futures break above $60 per barrel
24-Jan-2026 11:33
WTI Crude oil futures cut losses and edged up impressively amid supportive cues from equities and positive US economic growth numbers. The US equities stayed supported on steady economic cues. The US economy grew by slightly more than previously estimated in the third quarter of 2025, according to a report released by the Commerce Department. The real gross domestic product spiked by 4.4% in the third quarter compared to the previously reported 4.3% gain. Oil broke above $60 per barrel and ended above $61 per barrel, rising more than 3% for the week. Meanwhile, the global crude oil demand growth is expected to rise by 930,000 barrels per day (bpd) in 2026, due to lower oil prices and a normalization of economies after the 2025 tariff chaos, the International Energy Agency (IEA) said in a latest update, raising its demand growth estimate by 70,000 bpd from last month. Global oil demand is set to grow by an average 930,000 bpd this year, accelerating from 850,000 bpd in 2025, the agency said in its closely-watched Oil Market Report for January. In the December report, the IEA had expected global oil demand growth at 860,000 bpd for 2026.

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.