Crude Oil Price
Oil price edges higher on tight supply and expected demand uplift
LONDON (Reuters) -Oil prices rose on Wednesday, buoyed by tight supplies and the prospect of rising demand from the summer driving season in the United States, the world's biggest crude consumer.
 "Oil price edges higher on tight supply and expected demand uplift")
Reliance price climbs on tight supply, prospect of EU ban on Russian supply
LONDON (Reuters) -Oil prices rose on Thursday, extending a cautious rally this week on signs of tight supply while the European Union (EU) wrangles with Hungary over plans to ban imports from Russia, the world's second-largest crude exporter, after it invaded Ukraine.
My aim is to save Sri Lanka, not a 'person or family': PM Wickremesinghe
US dollars will be sourced from open markets to pay for petrol and crude, says veteran politician.
 "My aim is to save Sri Lanka, not a 'person or family': PM Wickremesinghe")
Oil retreats as China's stimulus package fails to allay concerns
Beijing rolls out measures to try to support Covid-hit economy
 "Oil retreats as China's stimulus package fails to allay concerns")
Nitish lauds Centre for petrol price cuts, says his govt will do needful
Nitish Kumar on Sunday lauded the Centre for the reduction in excise duty on petrol and diesel and hinted that his government might do its bit after due deliberations, raising hopes of further relief.
 "Nitish lauds Centre for petrol price cuts, says his govt will do needful")
Oil swings wildly, rebounds to gains from steep losses in early hours
NEW YORK (Reuters) - Oil prices rebounded from earlier losses in another volatile session on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.
 "Oil swings wildly, rebounds to gains from steep losses in early hours")
Oil prices recoup losses based on renewed supply worries, dollar weakness
NEW YORK (Reuters) -Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.
 "Oil prices recoup losses based on renewed supply worries, dollar weakness")
Oil prices recoup early losses on China hopes, global supply fears
TOKYO (Reuters) -Oil prices rose on Thursday, recovering from early losses, on hopes that planned easing of restrictions in Shanghai could improve fuel demand while lingering concerns over tight global supplies outweighed fears of slower economic growth.
Asian companies to ramp up petrol exports to US as sky-high prices beckon
JPMorgan Chase & Co forecast this week that American gasoline could surge to as high as $6.20 a gallon by August
 "Asian companies to ramp up petrol exports to US as sky-high prices beckon")
Oil prices rise on China demand recovery expectations, supply concerns
LONDON (Reuters) - Oil prices rose on Wednesday on expectations that easing COVID-19 restrictions in China will boost demand and as supply concerns grew.
Oil hits seven-week high amid EU push for ban on Russian crude imports
LONDON (Reuters) - Oil hit its highest in seven weeks on Tuesday, supported by the European Union's ongoing push for a ban on Russian oil imports that would tighten supply and as investors focused on higher demand from an easing of China's COVID lockdowns.
Russian pipeline sanctions raise fear of interruption in gas supplies
Natural gas prices rose Friday after Russian state-owned exporter Gazprom said it would no longer send supplies to Europe, citing new sanctions that Moscow imposed on European energy companies.
 "Russian pipeline sanctions raise fear of interruption in gas supplies")
Oil prices under pressure amid recession fears dogging financial markets
, LONDON (Reuters) -Oil prices fell on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.
Oil slips more than 2% on as recession fears spreads to financial markets
, LONDON (Reuters) -Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.
Bias turns negative for MCX Crude Oil; Natural Gas futures may consolidate
The MCX Crude Oil futures may test Rs 7,540-odd level this week; while on the upside MCX Natural Gas May futures are likely to face resistance around Rs 590.
 "Bias turns negative for MCX Crude Oil; Natural Gas futures may consolidate")
India's fuel sales moderate in April, fall 4% MoM at 18.6 mn tonnes
(Reuters) - India's fuel consumption moderated and slipped 4% in April from the previous month, data showed on Tuesday, as elevated domestic prices slowed activity
 "India's fuel sales moderate in April, fall 4% MoM at 18.6 mn tonnes")
Oil prices drop with demand outlook pressured, strong dollar
HOUSTON (Reuters) - Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
Wall Street set to open higher, oil prices extend losses for second day
European stock indexes rose on Tuesday as risk appetite showed some signs of picking up again after Monday's sharp falls, but fears over economic growth still weighed on markets
 "Wall Street set to open higher, oil prices extend losses for second day")
MCX Crude Oil futures seem range-bound; Bias positive for Natural Gas
The MCX Natural Gas May futures are likely to trade with a bullish bias in May as long as the commodity holds above Rs 576-level.
In a first, RBI may have to explain to govt why it couldn't curb inflation
Retail inflation has overshot the 6% upper tolerance limit for three years on the trot; experts say protracted Ukraine war and other factors may keep prices up
 "In a first, RBI may have to explain to govt why it couldn't curb inflation")
