2019年8月27日（火）
The Organization of the Petroleum Exporting Countries
The Organization of the Petroleum Exporting Countries and partners including Russia had earlier cut output to rebalance supply and demand.91, after gaining nearly 2 per cent in the previous session.Russian oil output rose by 150,000 barrels per day in July from a month earlier, surpassing the amount Moscow had said ti would add following a meeting of global oil producers in Vienna in June, energy ministry data showed on Thursday.8 million barrels in the prior week, against expectations, but rose on Thursday on expectations the stockpile would soon decline again.2 per cent at $73.Oil prices tanked earlier this week when the US government reported that US inventories rose 3.20 a barrel to the Oman/Dubai average, it said on Thursday.
Brent crude futures LCOc1 were down 13 cents, or 0.8 mn barrels in prior week. Tokyo: Oil prices edged lower on Friday after strong gains the previous day, easing on persistent supply concerns as Russia increased production in July and Saudi Arabia cut the price of crude for its Asian customers.5 per cent on Thursday.32 a barrel by 0052 GMT, after rising 1.Oil prices tanked earlier this week when US govt reported that US inventories rose 3.70 a barrel versus August to a premium of $1.Brent crude futures LCOc1 were down 13 cents, or 0.Saudi Arabia, Russia, Kuwait and the United Arab Emirates have increased production to help to compensate for an anticipated shortfall in Iranian crude supplies once planned US sanctions take effect later this year.2 per cent at $73..Saudi Aramco cut its September price for its Arab Light grade for Asian shoe machine barrel screws Suppliers
customers by $0.32 a barrel by 0052.US crude CLc1 was off by 5 cents at $68
Brent crude futures LCOc1 were down 13 cents, or 0.8 mn barrels in prior week. Tokyo: Oil prices edged lower on Friday after strong gains the previous day, easing on persistent supply concerns as Russia increased production in July and Saudi Arabia cut the price of crude for its Asian customers.5 per cent on Thursday.32 a barrel by 0052 GMT, after rising 1.Oil prices tanked earlier this week when US govt reported that US inventories rose 3.70 a barrel versus August to a premium of $1.Brent crude futures LCOc1 were down 13 cents, or 0.Saudi Arabia, Russia, Kuwait and the United Arab Emirates have increased production to help to compensate for an anticipated shortfall in Iranian crude supplies once planned US sanctions take effect later this year.2 per cent at $73..Saudi Aramco cut its September price for its Arab Light grade for Asian shoe machine barrel screws Suppliers
customers by $0.32 a barrel by 0052.US crude CLc1 was off by 5 cents at $682019年8月24日（土）
Oil prices jumped as much as 3 per cent on Monday
However, sounding a note of caution, Fritsch said he had "significant doubts whether they (production cut targets) will actually be fulfilled" as rivalry between OPEC members, who are fighting aggressively for global markets share, could prevent an effective deal. Singapore: Oil prices edged down early on Tuesday but held near one-year shoe machine barrel screw highs touched on growing expectations of an output cut by OPEC producers, and traders said the price outlook remains bullish as confidence in crude markets rises.
Oil prices jumped as much as 3 per cent on Monday, with Brent hitting a one-year high, after Russia said it was ready to join the Organization of the Petroleum Exporting Countries (OPEC) in curbing crude output.04 per barrel at 0036 GMT, down 10 cents from their previous close. International Brent crude oil futures LCOc1 were trading at $53.jpeg International Brent crude oil futures LCOc1 were trading at $53.International Brent crude oil futures LCOc1 were trading at $53.60 a barrel high. Carsten Fritsch of Germany's Commerzbank said that "the expectations of an OPEC production cut surely played a role" in the recent price rises of the futures market, where large volumes of new long positions have been built up as the market becomes increasingly confident about rising oil prices.04 per barrel at 0036 GMT, down 10 cents from their previous close, not far off Monday's $53.73 a barrel high. US West Texas Intermediate (WTI) crude futures CLc1 were at $51.24 a barrel, down 11 cents from their last close, but also close to Monday's $51.
"Oil rose to a one-year high on optimism regarding a future agreement between OPEC and major producers to restrict output," said ANZ bank on Tuesday.Medi_
highs touched on growing expectations of an output cut by OPEC producers, and traders said the price outlook remains bullish as confidence in crude markets rises.Oil prices jumped as much as 3 per cent on Monday, with Brent hitting a one-year high, after Russia said it was ready to join the Organization of the Petroleum Exporting Countries (OPEC) in curbing crude output.04 per barrel at 0036 GMT, down 10 cents from their previous close. International Brent crude oil futures LCOc1 were trading at $53.jpeg International Brent crude oil futures LCOc1 were trading at $53.International Brent crude oil futures LCOc1 were trading at $53.60 a barrel high. Carsten Fritsch of Germany's Commerzbank said that "the expectations of an OPEC production cut surely played a role" in the recent price rises of the futures market, where large volumes of new long positions have been built up as the market becomes increasingly confident about rising oil prices.04 per barrel at 0036 GMT, down 10 cents from their previous close, not far off Monday's $53.73 a barrel high. US West Texas Intermediate (WTI) crude futures CLc1 were at $51.24 a barrel, down 11 cents from their last close, but also close to Monday's $51.
"Oil rose to a one-year high on optimism regarding a future agreement between OPEC and major producers to restrict output," said ANZ bank on Tuesday.Medi_
2019年8月22日（木）
International Brent crude futures were up 50 cents
International Brent crude futures were up 50 cents, or 0.7 per cent, from their last close.78 per barrel at 0329 GMT, up 37 cents, or 0.But some said supply-side risks were not receiving enough focus.Should US-China talks to end trade disputes between the two nations have a positive outcome, the bank said oil markets would “switch attention from macro concerns impacting future demand growth to physical tightness and geopolitical risks impacting immediate supply”.
Bank of America also warned of “a significant slowing in growth globally”, adding that it expected Brent and WTI to average USD 70 per barrel and USD 59 per barrel respectively in 2019, and USD 65 per barrel and $60 per barrel in 2020.US West Texas Intermediate (WTI) crude oil futures were at USD 52.“Light crudes naturally yield more gasoline, and together with relatively modest demand-growth, this has driven gasoline stocks sharply higher and crack spreads sharply lower in recent months,” Morgan Stanley said.8 per cent, at USD 62.“We believe that oil is not pricing in supply-side risks lately as markets are currently focused on US, China trade talks, ignoring the risks currently in place from the loss of Venezuelan barrels,” US bank JP Morgan said in a weekly note.78 per barrel at 0329 GMT, up 37 cents, or 0.International Brent crude futures were up 50 cents, or 0.
With OPEC engaged in supply management and the Middle East entangled in political conflicts while production outside the group surges, Bank of America Merrill Lynch said OPEC’s global market share would fall as its outright output drops to 29 million barrels per day (bpd) in 2024 from 31.Refining profits for gasoline have plunged since mid-2018, going negative in Asia and Europe, amid tepid demand growth and a surge in supply.
Singapore: Oil prices rose on Tuesday amid OPEC-led supply cuts and US sanctions against Iran and Venezuela, although analysts expect surging US production and concerns over economic growth to keep markets in check.As a result, Morgan Stanley said “low refining margins and weaker economic data means oil prices can China Wholesale foaming barrel screws rally only so much (and) we continue to see modest upside for Brent to USD 65 per barrel in the second-half (of 2019)”. US West Texas Intermediate (WTI) crude oil futures were at USD 52.8 per cent, at USD 62.9 million bpd in 2018..9 million bpd, had resulted in overproduction of gasoline.7 per cent.“The worries of oversupply stemming from the US will likely remain a dominant theme as we approach the warmer months,” said Edward Moya, market analyst at futures brokerage OANDA.Growing US supply and a potential economic slowdown this year could cap oil markets.Analysts said markets are tightening amid voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and because of US sanctions on Venezuela and Iran.
US bank Morgan Stanley said the surge in US crude oil production, which tends to be light in quality and which rose by more than 2 million barrels per day (bpd) last year to a record 11.01 per barrel.The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said
Bank of America also warned of “a significant slowing in growth globally”, adding that it expected Brent and WTI to average USD 70 per barrel and USD 59 per barrel respectively in 2019, and USD 65 per barrel and $60 per barrel in 2020.US West Texas Intermediate (WTI) crude oil futures were at USD 52.“Light crudes naturally yield more gasoline, and together with relatively modest demand-growth, this has driven gasoline stocks sharply higher and crack spreads sharply lower in recent months,” Morgan Stanley said.8 per cent, at USD 62.“We believe that oil is not pricing in supply-side risks lately as markets are currently focused on US, China trade talks, ignoring the risks currently in place from the loss of Venezuelan barrels,” US bank JP Morgan said in a weekly note.78 per barrel at 0329 GMT, up 37 cents, or 0.International Brent crude futures were up 50 cents, or 0.
With OPEC engaged in supply management and the Middle East entangled in political conflicts while production outside the group surges, Bank of America Merrill Lynch said OPEC’s global market share would fall as its outright output drops to 29 million barrels per day (bpd) in 2024 from 31.Refining profits for gasoline have plunged since mid-2018, going negative in Asia and Europe, amid tepid demand growth and a surge in supply.
Singapore: Oil prices rose on Tuesday amid OPEC-led supply cuts and US sanctions against Iran and Venezuela, although analysts expect surging US production and concerns over economic growth to keep markets in check.As a result, Morgan Stanley said “low refining margins and weaker economic data means oil prices can China Wholesale foaming barrel screws
rally only so much (and) we continue to see modest upside for Brent to USD 65 per barrel in the second-half (of 2019)”. US West Texas Intermediate (WTI) crude oil futures were at USD 52.8 per cent, at USD 62.9 million bpd in 2018..9 million bpd, had resulted in overproduction of gasoline.7 per cent.“The worries of oversupply stemming from the US will likely remain a dominant theme as we approach the warmer months,” said Edward Moya, market analyst at futures brokerage OANDA.Growing US supply and a potential economic slowdown this year could cap oil markets.Analysts said markets are tightening amid voluntary production cuts led by the Organization of the Petroleum Exporting Countries (OPEC) and because of US sanctions on Venezuela and Iran.US bank Morgan Stanley said the surge in US crude oil production, which tends to be light in quality and which rose by more than 2 million barrels per day (bpd) last year to a record 11.01 per barrel.The ongoing closure of parts of the Keystone pipeline that brings Canadian oil into the United States also helped prop up WTI, traders said
2019年8月21日（水）
The Jio family is now 280 million-strong and growing
The Jio family is now 280 million-strong and growing on one of the world’s largest mobile data networks..9 per cent to Rs 10,383 crore during the October-December 2018 period compared with Rs 6,879 crore in the year-ago period."In our endeavour to consistently create more value for our country and stakeholders, our company has become the first Indian private sector corporate to cross Rs 10,000 crore quarterly profits milestone," Ambani said.36 million barrels per day of crude.9 per cent to Rs 10,383 crore during the October-December 2018 period compared with Rs 6,879 crore. (Photo: File) New Delhi: Reliance Industries (RIL) on Thursday beat the Street estimates by posting a record third quarter net profit of Rs 10,250 crore, which made the Mukesh Ambani-led petrochemical giant the first private sector company to cross the Rs 10,000 crore-mark in quarterly net profit.2 per cent to Rs 62,378 crore during Q3 FY19, according to the regulatory filing by RIL.Reliance’s refinery in Gujarat is the world’s biggest single-location refinery, with a capacity to process 1.
The benchmark GRMs have come down to multi-year lows in the third quarter to below $2 per barrel, hitting all refining companies globally. Reliance’s consolidated revenue grew 56.9 per cent year-on-year to a record high of Rs 8,221 crore.Telecom arm Jio clocks 65 per cent rise in Q3 profit at Rs 831 crore.4 per cent to Rs 1. The operating revenue of Reliance Jio surged by 50.8 per barrel for the quarter, outperforming the benchmark Singapore complex margin by $4.Gross refining margin (GRM), China granulation screw barrels Factory the profit earned on each barrel of crude processed, was $8.The company saw its exports increase by 35.6 per cent to Rs 8,928 crore.Commenting on the results, Mukesh D Ambani, chairman and managing director, said:
The journey of Jio has been truly remarkable and has surpassed all expectations.The same for the previous quarter was at Rs 1,47,268 crore, whereas the figure from the year-ago period was Rs 1,04,718 crore.”The telecoms business is central to Ambani’s ambition to make Reliance’s consumer businesses as big as its energy operations, which contribute the bulk of group revenue and profit.
The operating revenue of Reliance Jio surged by 50.Retail business and digital services business recorded an increase of 89 per cent and 51 per cent in revenue, respectively, during the quarter compared to the corresponding quarter of the previous year.During the October-December quarter, the conglomerate’s ambitious telecom business, Reliance Jio, clocked a 65 per cent rise in profit at Rs 831 crore.5 per barrel.
RIL’s refining and petrochemicals unit, which contribute around three-quarters of overall revenue and profits, revenue rose 47 per cent and 37 per cent, respectively.6 lakh crore.4 per cent higher average than the Brent crude oil price.
The higher volumes in petrochemical business were on account of stabilisation and ramp up of new petrochemical facilities, the company said.The total income raked in by RIL during the December quarter of 2018-19 reached Rs 1,62,759 crore.RIL saw Ebit for its petrochemical segment in the December quarter surge 42.On a standalone basis, which includes primarily refining and petrochemicals, Reliance’s third-quarter profit rose 5.Product prices for the refining and petrochemicals business increased in line with the 10
The benchmark GRMs have come down to multi-year lows in the third quarter to below $2 per barrel, hitting all refining companies globally. Reliance’s consolidated revenue grew 56.9 per cent year-on-year to a record high of Rs 8,221 crore.Telecom arm Jio clocks 65 per cent rise in Q3 profit at Rs 831 crore.4 per cent to Rs 1. The operating revenue of Reliance Jio surged by 50.8 per barrel for the quarter, outperforming the benchmark Singapore complex margin by $4.Gross refining margin (GRM), China granulation screw barrels Factory
the profit earned on each barrel of crude processed, was $8.The company saw its exports increase by 35.6 per cent to Rs 8,928 crore.Commenting on the results, Mukesh D Ambani, chairman and managing director, said:The journey of Jio has been truly remarkable and has surpassed all expectations.The same for the previous quarter was at Rs 1,47,268 crore, whereas the figure from the year-ago period was Rs 1,04,718 crore.”The telecoms business is central to Ambani’s ambition to make Reliance’s consumer businesses as big as its energy operations, which contribute the bulk of group revenue and profit.
The operating revenue of Reliance Jio surged by 50.Retail business and digital services business recorded an increase of 89 per cent and 51 per cent in revenue, respectively, during the quarter compared to the corresponding quarter of the previous year.During the October-December quarter, the conglomerate’s ambitious telecom business, Reliance Jio, clocked a 65 per cent rise in profit at Rs 831 crore.5 per barrel.
RIL’s refining and petrochemicals unit, which contribute around three-quarters of overall revenue and profits, revenue rose 47 per cent and 37 per cent, respectively.6 lakh crore.4 per cent higher average than the Brent crude oil price.
The higher volumes in petrochemical business were on account of stabilisation and ramp up of new petrochemical facilities, the company said.The total income raked in by RIL during the December quarter of 2018-19 reached Rs 1,62,759 crore.RIL saw Ebit for its petrochemical segment in the December quarter surge 42.On a standalone basis, which includes primarily refining and petrochemicals, Reliance’s third-quarter profit rose 5.Product prices for the refining and petrochemicals business increased in line with the 10
2019年8月20日（火）
The RBI has said it will take into account the budget
The RBI has said it will take into account the budget announcements before deciding on future rate cuts.Global cues will be in focus but closure of the Chinese market for the whole week for the lunar new year will be a great relief for the global markets. Crude oil futures are still volatile as WTI Crude futures closed at $30. The last batch of third quarter results will also have its impact on the market. Among quarterly results of prominent companies scheduled for next week are Dr Reddy's Laboratories, Hindalco Industries, Punjab National Bank, and GAIL (India) on Tuesday; ACC, Cipla and Ambuja Cements on Wednesday and Coal India, State Bank of India, ONGC, Hero MotoCorp, Tata Motors, and Bharat Heavy Electricals on Thursday
Union budget will be presented on February 29 with thirds quarter results and global cues on investors' radarThe market will tune in to Budget expectations from Monday, with just three weeks to go before the Union budget presentation on February 29.. Adani Ports and Special Economic Zone will announce its quarterly numbers on Saturday.89 a barrel on Friday and Brent crude futures closed at $34.”The Chinese stock market will remain closed from February 8 to 15.But the Chinese stock markets remaining closed next week for the lunar new year holiday will be the biggest positive factor for the global market sentiments next week, as it removes a potential source of selling pressure.29 per cent, S&P500 down 1. The finance minister has a tough job of supporting growth while maintaining fiscal rectitude.85 per cent and Nasdaq down 3.Union budget will be presented on February 29 with thirds quarter results and global cues on investors&China granulation screw barrels Manufacturers039; radar BSE.66 per cent and German DAX down 1.06 a barrel.Dipen Shah, senior vice-president & head of private client group research, Kotak Securities, said, “Going ahead, the market focus will shift to the budget.
14 per cent.NMDC, Sun Pharmaceutical Industries, Mahindra & Mahindra and BPCL will announce their Q3 results on Friday. Vijay Singhania, founder-director, Trade Smart Online, a leading discount brokerage firm, said, “The last batch of Q3 # results, Q3 GDP data may dictate the near-term trend.Global cues remain negative for the Asian market on Monday, with the Dow Jones Industrial Average down 1.The European markets too closed in the red with UK’s FTSE 100 down 0.86 per cent; French CAC down 0.” Thirds quarter results and global cues will be also on investors’ radar
Union budget will be presented on February 29 with thirds quarter results and global cues on investors' radarThe market will tune in to Budget expectations from Monday, with just three weeks to go before the Union budget presentation on February 29.. Adani Ports and Special Economic Zone will announce its quarterly numbers on Saturday.89 a barrel on Friday and Brent crude futures closed at $34.”The Chinese stock market will remain closed from February 8 to 15.But the Chinese stock markets remaining closed next week for the lunar new year holiday will be the biggest positive factor for the global market sentiments next week, as it removes a potential source of selling pressure.29 per cent, S&P500 down 1. The finance minister has a tough job of supporting growth while maintaining fiscal rectitude.85 per cent and Nasdaq down 3.Union budget will be presented on February 29 with thirds quarter results and global cues on investors&China granulation screw barrels Manufacturers
039; radar BSE.66 per cent and German DAX down 1.06 a barrel.Dipen Shah, senior vice-president & head of private client group research, Kotak Securities, said, “Going ahead, the market focus will shift to the budget.14 per cent.NMDC, Sun Pharmaceutical Industries, Mahindra & Mahindra and BPCL will announce their Q3 results on Friday. Vijay Singhania, founder-director, Trade Smart Online, a leading discount brokerage firm, said, “The last batch of Q3 # results, Q3 GDP data may dictate the near-term trend.Global cues remain negative for the Asian market on Monday, with the Dow Jones Industrial Average down 1.The European markets too closed in the red with UK’s FTSE 100 down 0.86 per cent; French CAC down 0.” Thirds quarter results and global cues will be also on investors’ radar
