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Oil Latest Price in India

The crude oil price or the price of petroleum means the spot price of either Light Crude/WTI as traded on the New York Mercantile Exchange (NYMEX).The unit to measure the price of petroleum is barrel.The Organization of the Petroleum Exporting Countries (OPEC) was formed to maintain the price of oil. Here we provide you the real time/current oil prices, crude oil price charts in US dollar per barrel.

The value and price of petroleum varies depending on various factors. Some of these factors are:

  • The value of various currencies, like US dollar.
  • The demand and supply
  • The economic situations and changes in those situations around the world.
  • The World events, such as wars and even dramatic weather influences, such as earthquakes, tidal waves etc.

User Reviews

40. Kim  Sep 4, 2008 10:24:05 AM IST Reply
Oil prices probably need to fall further to reach a level that would actually lead to higher demand. Best guess is a price somewhere between $80 and $90 a barrel.<br><br>oil hitting $80 in the next few months is certainly possible. <br>
39. Kim  Sep 10, 2008 9:57:30 AM IST Reply
Oil prices have slid so far and so fast that the retreat has led analysts to predict further puncturing of what they call a speculative bubble. Many analysts don`t see a floor at $100, but rather at levels as low as $70 or $80. "This is start of a fall to $80 crude by the end of the year, maybe as early as September," says Joel Fingerman, principal of, a Chicago-based energy consulting firm. <br> <br>"Oil prices are dropping because they are inflated," says Fadel Gheit, senior energy analyst for Oppenheimer (OPY). "You cannot sustain an artificial price forever. At the end of the day supply-demand fundamentals will take over." <br>
38. chandrakant  Sep 13, 2011 11:01:14 AM IST Reply
send me all new data
37. SRIMANNARAYANA NADENDLA  Feb 23, 2012 3:21:12 PM IST Reply
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36. psr  May 26, 2012 7:36:31 PM IST Reply
send regularly
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34. Biswaranjan acharya  Apr 4, 2013 11:50:20 AM IST Reply
33. Mtechtips  May 27, 2013 2:45:46 PM IST Reply
MTECHTIPS<br><br>Mtechtips MCX SILVER intraday trading analysis 27-5-2013<br><br>Mcx silver future on daily chart showing downtrend and some recovery momentum.on chart trading below month and 3 month average while closed just above week average.mcx silver future last closed at 43,473 with loss.on downside 43300 is week average while on upside 44100 is month average and 47800 is 3 month average both are strong resistances from short term view.<br>for next week from short term view,now above 42500 level hold long view for technical bounce back rally upto 44100 and then 47800.below 42500 must exit from longs.negative closing near average also suggestive of fresh downside move and sell signal for traders.from medium to long term view,a sharp selling move already given dips near 40k.below 43k we may see 38k and then 33-34k as target levels.but as hovering near 43k showing signs of volatility is high both side are risky.but i will be on long side with stoploss.<br><br>27-05-2013 MCX SILVER STRONG BUY/SELL LEVEL<br><br>SILVER UP SIDE 44100 LOW SIDE 42950<br>BUY ABOVE 42850-43000 UP SIDE 44100 THEN 44400<br><br>WWW MTECHTIPS COM<br>07489294118-119
32. ankit joshi  Feb 9, 2014 4:12:04 PM IST Reply
31. ANKIT JOSHI  Feb 9, 2014 4:14:08 PM IST Reply
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30. V SHYAM PRASAD  Jan 21, 2015 12:36:41 PM IST Reply
29. Ravi  Feb 28, 2015 5:12:00 PM IST Reply
28. AJAY NAYAK  Apr 6, 2015 2:47:50 PM IST Reply
Pls. provide oil price on daily basis.
27. AJAY NAYAK  Apr 6, 2015 2:52:04 PM IST Reply
oil price required on daily basis.pls...send an e-mail on daily basis.
26. bourseindia  Jun 1, 2015 2:10:25 PM IST Reply
67% users are recommended to sell crude oil.
25. Batbuyn  Jun 25, 2015 2:26:49 AM IST Reply
Hey this is a great post. Could you keep me updated with any other info slmiiar to this? If travelling to the UK why not stay at Stratford hotel and watch a Shakespear play
24. Selvakumaransakthivel  Jul 27, 2015 5:18:50 PM IST Reply
23. Sandhya sen  Aug 6, 2015 4:38:34 PM IST Reply
Oil prices are also going down but with a more accurate then gives a better understanding in the market.
22. sandeep chindhe  Jan 15, 2016 11:02:38 PM IST Reply
21. Sandhya sen  Jan 28, 2016 3:45:02 PM IST Reply
With international oil prices slumping to 12-year low, the government may look at reimposing 5 percent customs duty on crude oil imports to shore up revenue by close to Rs 18,000 crore. The government had cut customs duty on crude oil imports to zero from 5 percent in June 2011 when rates zoomed to over USD 100 per barrel. But with oil prices hovering at USD 30 a barrel now

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