Wti crude price real time

LONDON: A four-month rally in the oil futures price from below $40 a barrel to above $60 now is out of step with demand, analysts and traders say, with physical sales only expected to match supply later in 2021. The price has surged since the start of November, buoyed by expectations of an economic recovery as governments promise more stimulus, producers rein in output and vaccine rollouts offer hope that the worst effects of the COVID-19 pandemic are over. But physical demand for crude from refiners and other end users has yet to catch up, with cargoes to key markets like China broadly trading at lower prices amid sluggish sales. "The current rally is not justified by oil market fundamentals, therefore it must be driven by financial investors. They are basically borrowing physical demand from the second half of the year," said PVM Oil analyst Tamas Varga. J.P. Morgan said the benchmark Brent futures contract , which neared $68 a barrel last week before slipping to ... » Learn More about Sluggish physical oil sales struggle to match futures price surge

#E Sreedharan Metro Man E Sreedharan will be BJP’s CM candidate in Kerala says Union Minister #E Sreedharan E Sreedharan's entry a good boost in Kerala: V Muraleedharan #E Sreedharan Kochi metro launch: PMO includes names of Ramesh Chennithala, E Sreedharan #E Sreedharan Kochi metro launch: There is no controversy, PM’s Security More Important, says Sreedharan #E Sreedharan Not right time for bullet train in country: E Sreedharan #E Sreedharan Railways can stop loot of Rs 10000 cr through decentralisation, suggests 'Metro man' E Sreedharan For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 2 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 8 min ago PM Modi to receive CERAWeek Global Energy and Environment Leadership ... » Learn More about Metroman Sreedharan dons Delhi Metro uniform for last time

New Delhi: The volume of power traded at Indian Energy Exchange (IEX), the nation's largest electricity trading platform, jumped 50 per cent to 6,769 million units in February this year indicating a revival in economic activity. "The national peak demand at 188 Gigawatt registered 2.17 per cent growth while the average daily electricity consumption increased 3.31 per cent in February 2021," IEX said in a statement. The day-ahead market traded 5,124 million units and witnessed 19.5 per cent growth in February. The cumulative sell bids at 8,535 million units were 1.7 times of the cleared volume, indicating ample availability of power in the market. The average monthly price at Rs 3.39 per unit during the month saw 16 per cent increase driven by a sharp rise in demand from several states. The term-ahead market comprising intra-day, contingency, daily and weekly contracts traded 432 million units in February recording a 90.84 per cent increase. The real-time market traded ... » Learn More about India’s power trading volumes jumped 50 per cent in February

#Tamil Nadu The radicalisation menace in Tamil Nadu was brushed aside for too long, until the NIA exposed it in 2014 #Tamil Nadu Tamil Nadu should show the way to India in keeping out BJP: Rahul Gandhi #Tamil Nadu SC to hear plea against TN law granting 69% quota in jobs, admissions #Tamil Nadu To conduct Tamil Nadu Assembly polls, Rs 100 plus cr needed: Deputy Chief Minister #Tamil Nadu Tamil Nadu govt announces new gold loan waiver scheme #Tamil Nadu Your success made the great MGR very happy, says PM Modi at Dr MGR Medical University For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 16 min ago PM Modi to receive CERAWeek Global Energy and Environment Leadership Award ... » Learn More about In IT raids in TN Rs 170 crore unaccounted income detected

#Uae United Arab Emirates publishes first photo from Mars probe #Uae Unforgettable 2020: India, UAE witness soaring relations #Uae Indian man in UAE stabs colleague 11 times after he misses mother's funeral in India #Uae UAE says Chinese vaccine 86% effective, offers few details #Uae Union minister Jaishankar meets UAE counterpart; Discusses COVID-19, strategic cooperation #Uae Amid US brokered deal, UAE formally ends Israel boycott For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 17 min ago PM Modi to receive CERAWeek Global Energy and Environment Leadership Award 21 min ago Mamata Banerjee 'real Bengal tigress': Shiv Sena Must Watch Don't ... » Learn More about Indian man in UAE wins 24 crores in lucky draw

#S Jaishankar Jaishankar arrives in Dhaka: To prepare ground for PM Modi’s visit #S Jaishankar We were resolute, strong about protecting our interests: S Jaishankar on border issue #S Jaishankar Broader de-escalation of troops once disengagement is completed at all friction points: Jaishankar tells Wang #S Jaishankar Border disputes a reality, should be given sufficient attention: China tells India #S Jaishankar EAM inaugurates new chancery building of Indian High Commission in Mauritius #S Jaishankar Bodies dealing with human rights should realise, terror can’t be justified: Jaishankar For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 17 min ago PM Modi to receive ... » Learn More about PM Modi’s visit to Bangladesh will be a very memorable one: Jaishankar

#Narendra Modi PM Modi to hold virtual summit with Swedish counterpart on Friday #Narendra Modi PM Modi to receive CERAWeek Global Energy and Environment Leadership Award #Narendra Modi Pariksha Pe Charcha 2021: PM Modi to interact with students, here's how to register #Narendra Modi PM Modi's visit to Bangladesh will be a very memorable one: Jaishankar #Narendra Modi BJP’s star campaigner PM Modi to address 2 rallies before each phase in Bengal #Narendra Modi Modi government is misusing IT department to intimidate those supporting farmers' protest: Rahul Gandhi For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 10 min ago PM Modi to hold virtual summit with Swedish counterpart on Friday 17 min ago PM Modi to receive CERAWeek Global Energy and ... » Learn More about Film inspired by Prime Minister Narendra Modi soon

#Tamil Nadu Assembly Elections 2021 Why it is not yet time to write Sasikala’s political obituary #Tamil Nadu Assembly Elections 2021 TN election: In talks with 'like-minded' parties for alliance, says Kamal Haasan #Tamil Nadu Assembly Elections 2021 Never aimed for power: Jayalalithaa aide VK Sasikala quits politics ahead of Tamil Nadu polls #Tamil Nadu Assembly Elections 2021 Ball is in DMK's court, says TN Cong chief K S Alagiri on seat sharing #Tamil Nadu Assembly Elections 2021 There is no place for Sasikala, Dhinakaran in party: AIADMK #Tamil Nadu Assembly Elections 2021 Abdul Kalam's scientific adviser appointed VP of Kamal Haasan's MNM For Quick Alerts Subscribe Now India - 11,156,923 | World - 115,754,544 View Sample For Quick Alerts ALLOW NOTIFICATIONS For Daily Alerts Just In 11 min ago PM Modi to hold virtual summit with Swedish counterpart on ... » Learn More about TN elections 2021: Will Kamal Haasan’s entry play trick between Congress-DMK seat-sharing?