Business Standard

Page 9 - Crude Oil Price

Crude oil prices ease from 2014 high, supply concerns limit losses

Brent crude futures dropped 72 cents, or 0.81%, to $87.72 a barrel, as of 0152 GMT. The global benchmark touched $89.13 a barrel in the last session, its highest since October 2014

Crude oil prices ease from 2014 high, supply concerns limit losses
Updated On : 20 Jan 2022 | 9:31 AM IST

Oil up, settles near 7-year highs after Iraq-Turkey pipeline outage

Flows have resumed through the Kirkuk-Ceyhan pipeline that carries crude from northern Iraq

Oil up, settles near 7-year highs after Iraq-Turkey pipeline outage
Updated On : 20 Jan 2022 | 8:23 AM IST

Some sharp moves, some luck see India ride surge in global energy prices

Boom in prices has been on for over a year, may not only to sustain but become more pronounced going ahead say experts; Indian economy has felt the heat, but has so far escaped being singed

Some sharp moves, some luck see India ride surge in global energy prices
Updated On : 19 Jan 2022 | 5:54 PM IST

Sensex, Nifty may hit all-time highs ahead of Budget 2022

The rally in equities was dented by US bond yields and rising oil prices. But, technical set-up for the Sensex & Nifty point at a pre-Budget rally. Find out the trading strategies ahead of the Budget

Sensex, Nifty may hit all-time highs ahead of Budget 2022
Updated On : 19 Jan 2022 | 8:00 AM IST

Oil prices rise to more than 7-year high on supply disruptions worries

US West Texas Intermediate crude futures jumped 81 cents, or 1%, from Friday's settlement to $84.62 a barrel

Oil prices rise to more than 7-year high on supply disruptions worries
Updated On : 18 Jan 2022 | 9:20 AM IST

Is oil price rise a cause of worry?

Crude oil prices have soared 25% in a month as demand remains steady and supplies disrupted. Is this a worrisome trend? Will the govt address this in the Budget? Our next report takes a deep dive

Is oil price rise a cause of worry?
Updated On : 18 Jan 2022 | 8:00 AM IST

Crude oil prices steady as rising Libyan output offsets supply worries

Brent crude was down 4 cents, or 0.1%, to $86.02 a barrel by 0953 GMT. Earlier in the session, the contract touched its highest since Oct. 3, 2018 at $86.71

Crude oil prices steady as rising Libyan output offsets supply worries
Updated On : 17 Jan 2022 | 4:58 PM IST

Oil dips as investors eye US crude release, China demand concerns

US sells 18 mln bbls crude from strategic reserves. Crude still set to rise for fourth straight week

Oil dips as investors eye US crude release, China demand concerns
Updated On : 14 Jan 2022 | 12:14 PM IST

Brent tests $85: Invest in these stocks to benefit from surging oil prices

Stocks like HOEC, HPCL, ONGC and Pidilite can rally up to 10 per cent in the near term.

Brent tests $85: Invest in these stocks to benefit from surging oil prices
Updated On : 13 Jan 2022 | 1:25 PM IST

Crude oil prices shrug off Omicron variant slump, soar to 2-month highs

Federal Reserve Chairman Jerome Powell said the economy of the United States, the world's biggest oil consumer, should weather the current Covid-19 surge with only 'short-lived' impacts

Crude oil prices shrug off Omicron variant slump, soar to 2-month highs
Updated On : 12 Jan 2022 | 4:21 PM IST

Oil extends gains, tests pre-Omicron highs on economic growth

U.S. West Texas Intermediate (WTI) crude futures rose 38 cents, or 0.5%, to $81.60 a barrel at 0224 GMT, adding to a 3.8% jump in the previous session

Oil extends gains, tests pre-Omicron highs on economic growth
Updated On : 12 Jan 2022 | 10:53 AM IST

Oil rises towards $82 per barrel as demand recovery seen on track

OPEC supply additions are running below their allowed increase under a pact with allies due to a lack of capacity in some countries

Oil rises towards $82 per barrel as demand recovery seen on track
Updated On : 11 Jan 2022 | 3:50 PM IST

Asian stocks, dollar hunt for direction as investors look to Fed policy

Powell is seeking a second four-year term as head of the Fed, and his appearance before the committee will be followed by a hearing with vice chair nominee Lael Brainard on Thursday

Asian stocks, dollar hunt for direction as investors look to Fed policy
Updated On : 11 Jan 2022 | 1:15 PM IST

Oil prices swing as easing supply issues wrestle strong demand

Brent crude rose to trade near $82 a barrel after earlier swinging between gains and losses

Oil prices swing as easing supply issues wrestle strong demand
Updated On : 11 Jan 2022 | 12:59 AM IST

Oil rallies even as OPEC+ boosts output, US fuel demand dips

Brent crude futures ended up 80 cents, or 1%, to $80.80 a barrel. U.S. West Texas Intermediate (WTI) crude futures closed up 86 cents, or 1.1%, to $77.85.

Oil rallies even as OPEC+ boosts output, US fuel demand dips
Updated On : 06 Jan 2022 | 11:00 AM IST

Oil prices steady ahead of OPEC+ meeting to decide output policy

Brent crude futures gained 1 cent to $78.99 a barrel at 0239 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $76.06 a barrel.

Oil prices steady ahead of OPEC+ meeting to decide output policy
Updated On : 04 Jan 2022 | 11:34 AM IST

OPEC+ report sees short-lived, mild impact from Omicron variant

The report kept forecasts for the growth in oil demand in 2021 and 2022 unchanged at 5.7 million bpd and 4.2 million bpd respectively

OPEC+ report sees short-lived, mild impact from Omicron variant
Updated On : 03 Jan 2022 | 7:27 AM IST

Global stocks retreat from gains as investors reassess Covid look-ahead

MSCI's gauge of stocks across the globe shed 0.15%, while the pan-European STOXX 600 index rose 0.15%.

Global stocks retreat from gains as investors reassess Covid look-ahead
Updated On : 31 Dec 2021 | 7:55 AM IST

Omicron variant yet to curb driving across most of Asia in boon for oil

More cars have thronged the main roads in December amid year-end festivities than seen last month

Omicron variant yet to curb driving across most of Asia in boon for oil
Updated On : 30 Dec 2021 | 8:28 AM IST

Global equities waver, oil up as investors weigh Omicron impact

WASHINGTON (Reuters) - Major global stock indexes closed mixed on Wednesday as uncertainty over the surge in Omicron variant infections tempered optimism that harsh new curbs on business and travel may not be needed.

Global equities waver, oil up as investors weigh Omicron impact
Updated On : 30 Dec 2021 | 7:21 AM IST