Page 6 - Crude Oil Price

TMS Ep 122: Airfare hike, Richard Turrin, volatile market, bird flu

What does crude oil price rise mean for India's air travel? What is Richard Turrin's take on China's digital currency? Should you brace for more volatile market? What is bird flu? All answers here

Expensive crude oil pushing up raw material prices: Jindal Steel & Power MD

There is a need to control energy prices across the globe as rising crude oil rates, amid the Ukraine crisis, are making raw materials costlier for steel industry, said to a top industry executive

Petrol, diesel prices set to rise Rs 15-Rs 22 per litre from next week

It is widely expected that the OMCs will revise the current prices on or after March 7, which is the last day of voting in the ongoing state assembly elections

Asian Paints tanks 15% in 3 days, nears 52-week low on margin worries

The steep and unprecedented inflationary trend in raw material prices continued to impact the gross margins.

Sensex, Nifty surrender early gains as boiling oil plays spoilsport

A weakening rupee and persistent foreign fund outflows also weighed on sentiment, traders said

Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk

The latest Economic Survey for FY22 projected economic growth at 8-8.5 per cent assuming crude oil prices at $70-$75 per barrel

Oil prices surge to $110 a barrel as Russia's war continues against Ukraine

Oil prices kept surging on Wednesday and topped USD 110 per barrel as Russia's war continues against Ukraine, but stocks and other markets were showing less fear than a day earlier. The S&P 500 was 0.9 per cent higher in early trading, while Treasury yields jumped to recover a sliver of their steep losses from the past week. Gold receded, and a measure of nervousness among stock investors on Wall Street was holding relatively steady after swinging sharply in recent days. Markets have been spinning wildly as investors try, sometimes blindly, to gauge how large an impact two big forces will ultimately have. Most recently, Russia's invasion of Ukraine has caused prices to soar for oil and other commodities where the region is a major producer. On top of that are worries about what upcoming hikes in interest rates by the Federal Reserve and other central banks around the world will do to the economy and inflation. Fed Chair Jerome Powell said in testimony to Congress on Wednesday that

Stocks make small gains but Ukraine crisis keeps investors cautious

Oil prices surged, with Brent crude touching $113.02 - its highest since 2014 - and U.S. crude coming close to passing its 2013 peak

Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens

Brent crude oil price soared to $113 a barrel on Wednesday, the highest level in nearly eight years, due to disruptions in supply amid escalating Russia-Ukraine tensions.Brent crude oil price surged to $113.02 per barrel in London. Brent crude, also known as London Brent, makes up more than half of the world's globally traded supply of crude oil.West Texas Intermediate (WTI) crude oil price jumped to $111.50 a barrel.Crude oil prices have spiralled in the last one week after Russian President Vladimir Putin ordered a military operation in Ukraine.The tensions between Russia and Ukraine are escalating with each passing day. Russia has continued bombardments of Ukrainian cities. Western countries, led by the United States, have tightened sanctions on Russia.

Saudi Arabia may raise April crude prices to Asia to all-time highs

The sharp price hikes are tracking strong gains in Middle East benchmark Dubai last month which reached record levels as buyers faced limited options amid tight supplies

Oil prices surge above $100 a barrel as Russia-Ukraine crisis escalates

Oil prices soared on Tuesday and investors shifted more money into ultra-safe US government bonds as Russia stepped up its war on Ukraine. Stocks fell following a volatile day for major indexes as investors tried to measure how the conflict will impact the global economy. The S&P 500 index fell 0.7 per cent as of 10:14 am Eastern. The Dow Jones Industrial Average fell 337 points, or 1 per cent, to 33,554 and the Nasdaq fell 0.5 per cent. The bigger moves came from the markets for oil, agricultural commodities and government bonds. Oil has been a key concern because Russia is one of the world's largest energy producers. The latest bump in prices increases pressure on persistently high inflation that threatens households around the world. US benchmark crude oil prices rose 6.6 per cent to USD 101.87 per barrel, reaching the highest price since 2014. Brent crude, the international standard, rose 6.6 per cent to USD 104.44. Russia's invasion of Ukraine has also put more pressure on

Brent crude breaches $100 per barrel mark again amid Russia-Ukraine crisis

For India, the price range is a cause of concern as it may add Rs 8 to Rs 10 in petrol and diesel selling prices, if the OMCs decide to revise the current prices

War & markets: Sharp recovery post a steep fall? History does suggest so

Analysts say the market fall was a knee-jerk reaction to the Russia - Ukraine conflict and are likely to witness a choppy phase before discounting this development and staging a sharp rebound

Ukraine crisis: Oil and gold turn costlier amid sanctions on Russia

Brent crude rose $ 2.79, or 2.85 per cent, to $100.72 by 9.12 pm IST after touching a high of $105.07 a barrel in early trade

Financial markets trying to discount changing news flow: Rabobank Intl

The accommodative RBI policy, combined with fiscal stimulus and (further) increase in energy commodities, particularly oil, increases the odds of high inflation, say Lambregts and Eijkelenburg

Petrol, diesel prices lagging by Rs 6-8 a litre in absence of hikes: Report

The agency said a cut in the excise duties to the pre-pandemic levels before the start of the new fiscal year on April 1 will entail a cost of up to Rs 92,000 crore to the exchequer

Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report

Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now

Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura

A sustained rise in oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said

What is at stake for India as Russia invades Ukraine?

As Russian troops stormed into Ukrainian, the Indian govt is scrambling all resources to evacuate its citizens from the country. The war will also have economic consequences. Find out what's at stake

Ukraine crisis: Housing prices may rise due to input cost pressures

In a statement, CREDAI President Harshvardhan Patodia said: 'Post the geo-political escalations, oil prices have surged, and stock markets have crashed globally'