Business Standard

Page 2 - Oil Price Rise

Oil prices jump as Russia-Ukraine conflict stokes supply concerns

Russia, which calls its actions in Ukraine a "special operation", exports some 4 million to 5 million barrels per day of crude oil, and 2 million to 3 million barrels per day of refined products

Oil prices jump as Russia-Ukraine conflict stokes supply concerns
Updated On : 01 Mar 2022 | 3:14 PM IST

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells

Brent crude rose $2.81, or 2.8%, to $101.89 a barrel at 0738 GMT on Friday, after climbing to as high as $101.99

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells
Updated On : 25 Feb 2022 | 2:58 PM IST

Indian bond yields rise, rupee falls as Ukraine tensions escalate

India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close

Indian bond yields rise, rupee falls as Ukraine tensions escalate
Updated On : 22 Feb 2022 | 4:19 PM IST

Ukraine war fears pummel global stocks, lift oil to seven-year high

The broader Euro STOXX 600 fell as much as 1.9% to a seven-month low before clawing back some of its losses

Ukraine war fears pummel global stocks, lift oil to seven-year high
Updated On : 22 Feb 2022 | 3:49 PM IST

Explained: Why are crude oil prices high, and any relief in sight?

Anyone who's bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the US economy.

Explained: Why are crude oil prices high, and any relief in sight?
Updated On : 25 Jan 2022 | 1:28 AM IST

TMS Ep88: Paytm, Sanjeev Krishan, oil price rise, 'right to repair'

Is all well with fintech giant Paytm? How does PwC's Sanjeev Krishan view Indian CEOs' sentiment on growth? Is oil price rise a cause for worry yet? What is 'right to repair'? All answers here

TMS Ep88: Paytm, Sanjeev Krishan, oil price rise, 'right to repair'
Updated On : 18 Jan 2022 | 8:00 AM IST

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

Kazakhstan government resigns after violent protests over fuel price
Updated On : 05 Jan 2022 | 11:07 AM IST

Oil rises on 2022 demand optimism as OPEC+ to agree to output hike

Oil settled higher on Monday on hopes of further demand recovery in 2022, despite OPEC+ looking set to agree to another output increase

Oil rises on 2022 demand optimism as OPEC+ to agree to output hike
Updated On : 04 Jan 2022 | 6:57 AM IST

Oil rises as fuel demand holds up despite surge in Omicron cases

Oil prices rose to extend several consecutive days of gains, buoyed by data showing US fuel demand holding up well despite soaring Omicron cases

Oil rises as fuel demand holds up despite surge in Omicron cases
Updated On : 30 Dec 2021 | 8:32 AM IST

Oil prices sit tight, tracking biggest weekly gain since late August

Oil prices drifted in a narrow range on Friday, on track to their biggest weekly gain since late August

Oil prices sit tight, tracking biggest weekly gain since late August
Updated On : 10 Dec 2021 | 12:05 PM IST

Fuel prices hiked for 7th straight day, petrol crosses Rs 110 in Delhi

In Delhi, with an increase of Rs 0.35 in petrol and diesel prices, their cost rose to Rs 110.04 per litre and Rs 98.42 per litre respectively today.

Fuel prices hiked for 7th straight day, petrol crosses Rs 110 in Delhi
Updated On : 02 Nov 2021 | 10:28 AM IST

Fuel prices raised for 3rd straight day, Petrol touches Rs 108.64 in Delhi

As for Kolkata, the price of petrol is Rs 109.02 per litre, while diesel is Rs 100.49 per litre. In Chennai, petrol and diesel cost Rs 105.43 and Rs 101.59 per litre respectively.

Fuel prices raised for 3rd straight day, Petrol touches Rs 108.64 in Delhi
Updated On : 29 Oct 2021 | 9:16 AM IST

Commodity price surge deals stagflationary blow to world economy

Rising costs for households and companies are hitting confidence while pushing inflation faster than economists had expected only a few months ago

Commodity price surge deals stagflationary blow to world economy
Updated On : 29 Sep 2021 | 12:07 PM IST

Crude oil prices rise on economic outlook, drawdown in fuel stocks

Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92

Crude oil prices rise on economic outlook, drawdown in fuel stocks
Updated On : 11 Mar 2021 | 8:03 AM IST

Oil prices soar to their highest in 13 months as market rebalances

Brent crude was up 93 cents, or 1.5%, at $63.36 a barrel

Oil prices soar to their highest in 13 months as market rebalances
Updated On : 15 Feb 2021 | 11:48 PM IST

Oil prices rise as traders anticipate vaccine trials may spur demand

Brent crude rose 58 cents to $45.54 a barrel by 1435 GMT while U.S. West Texas Intermediate crude gained 35 cents to $42.77 a barrel. Both benchmarks jumped 5% last week.

Oil prices rise as traders anticipate vaccine trials may spur demand
Updated On : 23 Nov 2020 | 9:36 PM IST

Oil rises as US storm eases, but demand worries linger amid virus surge

US West Texas Intermediate crude futures for October, due to expire on Tuesday, rose 26 cents, or 0.7%, to $39.57 a barrel

Oil rises as US storm eases, but demand worries linger amid virus surge
Updated On : 22 Sep 2020 | 8:44 AM IST

Oil prices jump 3% on coronavirus vaccine hopes, EU stimulus deal

West Texas Intermediate jumped $1.36, or 3.3%, to $42.17 a barrel

Oil prices jump 3% on coronavirus vaccine hopes, EU stimulus deal
Updated On : 21 Jul 2020 | 9:37 PM IST

Oil rises about 2% as higher US refinery rates offsets surprise crude build

US crude inventories rose 7.9 million barrels last week, exceeding expectations, due to a big increase in imports from Saudi Arabia, the Energy Information Administration (EIA) says

Oil rises about 2% as higher US refinery rates offsets surprise crude build
Updated On : 29 May 2020 | 8:46 AM IST

Oil prices rise on dip in US crude stockpiles and IEA data forecast

Crude prices have ticked up in the last two weeks as some countries relaxed coronavirus restrictions to allow factories and shops to reopen

Oil prices rise on dip in US crude stockpiles and IEA data forecast
Updated On : 15 May 2020 | 10:04 AM IST