Page 43 - Crude Oil Price
Crude oil prices likely to face resistance at $58/bbl on coronavirus fears
The OPEC+ nations have agreed to cut crude oil production by further 0.6 mbpd
 "Crude oil prices likely to face resistance at $58/bbl on coronavirus fears")
Coronavirus: Oil nears one-month high on supply threats, easing demand woes
Brent crude futures were up 7 cents at $59.19 a barrel by 0939 GMT, after climbing to as high as $59.71 earlier in the day
 "Coronavirus: Oil nears one-month high on supply threats, easing demand woes")
Oil drops to 13-month low on weak Chinese demand amid coronavirus outbreak
Oil has dropped more than 25% from a peak in January with US crude back below $50 a barrel after the spreading virus hit demand in China
 "Oil drops to 13-month low on weak Chinese demand amid coronavirus outbreak")
Oil prices hit 13-month low as coronavirus outbreak rattles market
As the coronavirus outbreak hits fuel demand in China, the world's biggest crude oil importer, refiner Sinopec Corp told its facilities to cut throughput this month by about 600,000 barrels per day
 "Oil prices hit 13-month low as coronavirus outbreak rattles market")
Crude oil prices fall as coronavirus death toll climbs, US inventories grow
WHO's Emergency Committee is set for another meeting later on Thursday to reconsider whether the rapid spread of the virus should now be called a global emergency.
Coronavirus from China could hurt oil prices by $3 per barrel: Goldman
The outbreak began in the central Chinese city of Wuhan in Hubei and has spread to the rest of the country, with 440 confirmed cases and nine deaths so far
 "Coronavirus from China could hurt oil prices by $3 per barrel: Goldman")
India's broader market more vulnerable than ever to a spike in crude prices
Index movement and the weighting are calculated on free-float market capitalisation of individual index stocks. Free float is the portion of the shares owned by non-promoters
 "India's broader market more vulnerable than ever to a spike in crude prices")
US-Iran tensions send oil prices soaring, rupee may have a tough year ahead
Analysts expect the renewed geopolitical worries to remain for a couple of days, lending support to the crude oil price and taking a toll on emerging market currencies, including the rupee
 "US-Iran tensions send oil prices soaring, rupee may have a tough year ahead")
US-Iran conflict: Oil rally has a crude impact on India Inc's key sectors
Among other sectors staring at a negative impact from higher crude oil prices are tyres and cement
 "US-Iran conflict: Oil rally has a crude impact on India Inc's key sectors")
US-Iran war could lead to rise in crude prices, threaten Gulf oil exports
If the US killing of Iranian general Qasem Soleimani on Friday leads to conflict between Washington and Tehran, oil facilities could be targeted in Gulf states
 "US-Iran war could lead to rise in crude prices, threaten Gulf oil exports")
Oil surges again after Trump threatens Iraq sanctions, Iran retaliation
Brent crude futures soared to a high of $70.27 a barrel at 0222 GMT, up $1.67, or 2.4 per cent, from Friday's settlement.
 "Oil surges again after Trump threatens Iraq sanctions, Iran retaliation")
Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%
US President Donald Trump has issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.
 "Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%")
US-Iran tensions may spell trouble for India's oil future and economy
A $1/barrel change in crude oil price raises the import bill by Rs 6,328 crore, shows govt estimate
 "US-Iran tensions may spell trouble for India's oil future and economy")
Buoyed by signs of improving trade relations, oil starts 2020 on a high
Oil was also boosted by optimism that trade talks between the world's two largest economies will support demand
 "Buoyed by signs of improving trade relations, oil starts 2020 on a high")
Oil, nickel and iron gain shine in 2019 as demand worries plague investors
All other base metals, fell by up to 12.3 per cent in 2019. Steel was almost flat, while thermal coal and natural gas were also among big losers.
 "Oil, nickel and iron gain shine in 2019 as demand worries plague investors")
Sharp spike in agro commodities over tepid farm output, high import prices
Threat of poor weather conditions looms. Cold wave and pest attack could damage standing Rabi crops and elevate prices across the board in 2020
 "Sharp spike in agro commodities over tepid farm output, high import prices")
Polyester yarnmakers set for higher profit margin on crude price recovery
After falling to $57.77 a barrel on October 2, crude oil prices bounced back to trade almost at three-month high of $67.50 a barrel on Friday
 "Polyester yarnmakers set for higher profit margin on crude price recovery")
Oil markets unbalanced despite additional OPEC cuts: International agency
The International Energy Agency said that most of that cut had already been implemented already
 "Oil markets unbalanced despite additional OPEC cuts: International agency")
Commodity outlook by Tradebulls Securities: Buy Crude oil, Nickel
Commodity outlook and stock recommendation by Bhavik Patel - Sr. Technical Analyst (Commodities), Tradebulls Securities
 "Commodity outlook by Tradebulls Securities: Buy Crude oil, Nickel")
Oil prices fall almost 2% on uncertainty over US-China trade talks
Brent crude futures settled at $62.44 a barrel, down 86 cents, or 1.4 per cent
 "Oil prices fall almost 2% on uncertainty over US-China trade talks")
