Page 5 - Crude Oil Price
Coffee climbs as oil rally, Brazil weather add to supply threat
Arabica futures rose as much as 1.3%, adding to Tuesday's jump of almost 4%
 "Coffee climbs as oil rally, Brazil weather add to supply threat")
Oil falls towards $125 as investors weigh US ban on Russian oil imports
A view that the US ban of Russian oil imports may not worsen shortages kept a lid on prices, traders said, as did talk that Ukraine was no longer seeking NATO membership
 "Oil falls towards $125 as investors weigh US ban on Russian oil imports")
European stocks open higher as investors weigh up oil ban's impact
Western sanctions have cut Russia off from global trade and financial markets in response to its invasion of Ukraine, and oil prices only edged higher after the US ban
 "European stocks open higher as investors weigh up oil ban's impact")
Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%
CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves
 "Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%")
Oil rises towards $130 as Russian crude struggles to find buyers
The United States on Tuesday imposed a ban on Russian oil imports, Britain said it would phase them out and Shell said it would stop buying Russian crude
Govt works out math of keeping Russia supplies open as oil prices spike
Even if Moscow relents and sells oil for rupees to India, European insurers may be reluctant to underwrite; in any case a bigger Russian tilt would involve a larger financial switch by New Delhi
 "Govt works out math of keeping Russia supplies open as oil prices spike")
Bulls charge: Sensex soars over 1,200 points; 3 factors fueling the rally
The surge comes on hopes of de-escalation of the Russia-Ukraine conflict after the Ukrainian President Zelenskyy indicated that the country was no longer interest in NATO membership
 "Bulls charge: Sensex soars over 1,200 points; 3 factors fueling the rally")
India's economic challenges amid soaring crude oil price
Russia has threatened to shut its gas pipeline to Germany and warned of crude price at $300 a barrel. Back home, the signs of economic distress are imminent. What are the challenges ahead of India?
 "India's economic challenges amid soaring crude oil price")
Most global indices are near bear territory. Will the Sensex, Nifty follow?
Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months
 "Most global indices are near bear territory. Will the Sensex, Nifty follow?")
Ukraine crisis: Oil prices surge as US and Britain cut off Russian crude
Britain said it will phase out the import of Russian oil and oil products by 2022
 "Ukraine crisis: Oil prices surge as US and Britain cut off Russian crude")
LIVE: Ukraine no longer insisting on NATO membership, says report
Russia Ukraine live news: Zelensky accused the International Red Cross of forbidding the use of its emblem on our cars, but did not give details.
 "LIVE: Ukraine no longer insisting on NATO membership, says report")
Crude oil price spike likely to trigger interest in ethanol programme
According to officials, India has managed to blend almost 9.34 per cent ethanol with petrol in the first quarter of the 2021-22 supply year, which started in December
 "Crude oil price spike likely to trigger interest in ethanol programme")
OPEC, US shale executives meet as oil prices skyrocket in Ukraine crisis
It was at least the fourth time since 2017 that US shale oil producers and OPEC officials have held such meetings to discuss energy concerns.
 "OPEC, US shale executives meet as oil prices skyrocket in Ukraine crisis")
Australian refiners cease purchase of Russian crude oil to support Ukraine
Viva Energy joins a spate of companies limiting, putting on hold, or exiting business activities in Russia.
 "Australian refiners cease purchase of Russian crude oil to support Ukraine")
Nikkei hits 16-month low as oil rally sparks investor worries of slowdown
Wall Street's main indexes fell sharply overnight, with the Nasdaq Composite confirming it was in a bear market.
Oil prices hit 14-year high on Russia oil ban talks, Iran crude deal delay
Oil prices jumped on Monday to their highest levels since 2008 as US, European allies considered banning Russian oil imports while it looked less likely that Iranian oil would return to global markets
Markets to consolidate over the next three-six months: Sampath Reddy
Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth
 "Markets to consolidate over the next three-six months: Sampath Reddy")
Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs
ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.
Saudi Arabia raises April crude selling prices to Asia to all-time highs
Saudi Arabia's Aramco raised April OSPs for crude it sells to Asia by over USD $2 a barrel, with some grades hitting all-time highs, as global market struggle with Russian oil disruption
 "Saudi Arabia raises April crude selling prices to Asia to all-time highs")
ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high
Sustained higher crude oil prices and gas realisations can result in better profitability for ONGC.
 "ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high")
