Business Standard

Page 42 - Crude Oil Price

Oil prices jump 8% on stimulus hopes, spending cuts by US producers

US shale producers, including Occidental Petroleum Corp , deepened spending cuts that could reduce production

Oil prices jump 8% on stimulus hopes, spending cuts by US producers
Updated On : 11 Mar 2020 | 1:34 AM IST

OMCs, paints, cement firms to benefit as oil crash rebuilds hopes

The escalating coronavirus fear and price war between oil producing countries led to a sharp 23% one-day fall in crude oil prices on Monday

OMCs, paints, cement firms to benefit as oil crash rebuilds hopes
Updated On : 10 Mar 2020 | 11:38 PM IST

Lower crude regime likely to dampen capex plan of upstream companies

A sustained drop in crude oil prices will affect the capital expenditure plans of ONGC and OIL

Lower crude regime likely to dampen capex plan of upstream companies
Updated On : 10 Mar 2020 | 11:17 PM IST

Falling crude oil price brings good tidings for India's FMCG sector

Staples expected to get cheaper in coming 2 months

Falling crude oil price brings good tidings for India's FMCG sector
Updated On : 10 Mar 2020 | 9:49 PM IST

Falling crude oil price brings good tidings for India's FMCG sector

Staples expected to get cheaper in coming 2 months

Falling crude oil price brings good tidings for India's FMCG sector
Updated On : 10 Mar 2020 | 9:49 PM IST

Letter to BS: Decline in crude oil price is a symptom, not the disease

27 per cent drop in oil prices portends an extended global economic turbulence far beyond Covid-19 or even Trumpian trade bravado

Letter to BS: Decline in crude oil price is a symptom, not the disease
Updated On : 10 Mar 2020 | 9:03 PM IST

Stocks, oil rebound after dizzying losses on hopes of US economic stimulus

In the eurozone, Frankfurt's DAX 30 jumped 3.5 per cent and the Paris CAC 40 rallied 4.2 per cent

Stocks, oil rebound after dizzying losses on hopes of US economic stimulus
Updated On : 10 Mar 2020 | 5:31 PM IST

Crude oil prices jump 10% after biggest rout in 30 years on stimulus hopes

Brent crude futures were up $3.36, nearly 10%, to $37.72 a barrel by 1041 GMT, after hitting a session high of $37.75 a barrel

Crude oil prices jump 10% after biggest rout in 30 years on stimulus hopes
Updated On : 10 Mar 2020 | 5:10 PM IST

The oil crash

Govt should seize the opportunity to improve its finances

The oil crash
Updated On : 10 Mar 2020 | 8:49 AM IST

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more

Here's a selection of Business Standard Opinion pieces for the day.

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more
Updated On : 10 Mar 2020 | 6:11 AM IST

Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war

A nearly 25% slump in oil prices triggered panic-selling and heavy losses on Wall Street's main stock indexes as the rapid spread of coronavirus amplified fears of a global recession

Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war
Updated On : 10 Mar 2020 | 3:01 AM IST

Crude oil down 30% as Saudi, Russia fail to reach deal over supply cuts

On Monday, Saudi Arabia reduced oil prices and offered to increase production, triggering a price war among oil-producing countries

Crude oil down 30% as Saudi, Russia fail to reach deal over supply cuts
Updated On : 10 Mar 2020 | 1:06 AM IST

3 reasons why the fall in crude oil prices may not be good news for India

The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies

3 reasons why the fall in crude oil prices may not be good news for India
Updated On : 10 Mar 2020 | 12:11 AM IST

BPCL stake sale may get delayed over falling oil prices, market crash

As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too

BPCL stake sale may get delayed over falling oil prices, market crash
Updated On : 09 Mar 2020 | 11:54 PM IST

Investors lose nearly Rs 7 trn in market turmoil over coronavirus, oil rout

The carnage in the equity market wiped out investor wealth worth Rs 6,84,277.65 crore, taking the total m-cap to Rs 1,37,46,946.76 crore on the BSE at the end of Monday's trading session.

Investors lose nearly Rs 7 trn in market turmoil over coronavirus, oil rout
Updated On : 09 Mar 2020 | 6:13 PM IST

Crude oil plunges 30% to $30 a barrel; $20 possible going ahead: Analysts

The failure of the Vienna talks added to increasing investor nervousness over the coronavirus epidemic that has dampened oil demand

Crude oil plunges 30% to $30 a barrel; $20 possible going ahead: Analysts
Updated On : 09 Mar 2020 | 12:54 PM IST

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia

Deal between Russia and OPEC shook on Friday when OPEC, led by Saudi Arabia, failed to reach agreement with the world's No. 2 oil producer Russia to deepen production cuts aimed at shoring up prices.

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia
Updated On : 09 Mar 2020 | 12:45 AM IST

Oil plunges to lowest since 2017 after Russia rejects steep OPEC cut

An OPEC+ delegate said there were "positive signs" after a separate, earlier OPEC+ meeting had finished.

Oil plunges to lowest since 2017 after Russia rejects steep OPEC cut
Updated On : 06 Mar 2020 | 9:42 PM IST

Oil rises more than 1% on smaller-than-expected rise in crude stocks

Brent crude rose by 78 cents, or 1.5%, to $51.91 per barrel by 0202 GMT

Oil rises more than 1% on smaller-than-expected rise in crude stocks
Updated On : 05 Mar 2020 | 1:59 PM IST

Virus scare: Oil lower despite Fed rate cut and hopes for OPEC+ output cut

Brent crude lost 17 cents to trade at $51.73 a barrel by 1:28 p.m. EST (1628 GMT). U.S. crude traded 1 cent lower at $46.74 a barrel

Virus scare: Oil lower despite Fed rate cut and hopes for OPEC+ output cut
Updated On : 04 Mar 2020 | 10:30 AM IST