Oil Prices
Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%
CLOSING BELL: The broader markets, meanwhile, bled more with the BSE SmallCap index sliding nearly 3 per cent, and the BSE MidCap index falling close to 2 per cent
 "Sensex falls for 3rd day, dips 303 pts; Asian Paints sinks 8%; IT index 3%")
F&O expiry: Sensex up 503 pts to end atop 54K; Nifty drops 6% in May series
CLOSING BELL: The S&P BSE Sensex traded in a broad range of 921 points on Thursday as it hit a high and low of 54,346 and 53,425, respectively
 "F&O expiry: Sensex up 503 pts to end atop 54K; Nifty drops 6% in May series")
The cost of war: Oil has wildest week on record; dollar highest since 2020
Europe's common currency fell to as low as $1.0973 as traders weighed the impact of Russian sanctions on the European economy
 "The cost of war: Oil has wildest week on record; dollar highest since 2020")
Oil prices climb on prospects for tighter supply as demand rises
Oil prices rose in early trade on Wednesday, boosted by tight supplies and the prospect of rising demand from the upcoming start of the US summer driving season
 "Oil prices climb on prospects for tighter supply as demand rises")
WEF 2022: Oil at $110 a barrel not sustainable, says Hardeep Singh Puri
Oil prices have surged this year, with Brent crude hitting $139 a barrel in March for its highest price since 2008, after Russia's invasion of Ukraine exacerbated supply concerns
 "WEF 2022: Oil at $110 a barrel not sustainable, says Hardeep Singh Puri")
IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%
CLOSING BELL: On the NSE, the Nifty50 shut shop at 16,138, down 77 points or 0.47 per cent
 "IT, Metals drag Sensex 236 pts down; Delhivery rises 10%, Zomato 15%")
Oil prices inch lower on concerns over recession, China Covid curbs
Oil prices fell on Tuesday as concerns over a possible recession and China's Covid-19 curbs outweighed an expectation of tight global supply
 "Oil prices inch lower on concerns over recession, China Covid curbs")
Govt needs to clarify whether it wants oil price control or exports
The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner
 "Govt needs to clarify whether it wants oil price control or exports")
Oil prices little changed as recession worry offsets higher demand outlook
Brent crude futures were up 35 cents, or 0.3%, to $112.92 a barrel by 11:24 a.m. ET (1524 GMT). U.S. West Texas Intermediate (WTI) crude was up 5 cents, or 0.05%, at $110.32.
 "Oil prices little changed as recession worry offsets higher demand outlook")
Oil prices at $110/barrel pose 'bigger threats' than inflation: Puri
Oil minister Hardeep Singh Puri said oil prices staying at $110/barrel could pose bigger threats than inflation to the global economy.
 "Oil prices at $110/barrel pose 'bigger threats' than inflation: Puri")
Oil prices firm on weak dollar, tight supply as US driving season looms
"Oil prices are supported as gasoline markets remain tight amid solid demand heading into the peak U.S. driving season," said SPI Asset Management Managing Partner Stephen Innes
Oil ticks higher as traders weigh tight fuel market, slow global growth
West Texas Intermediate climbed above $111 a barrel following four weekly gains, the longest such run since February.
 "Oil ticks higher as traders weigh tight fuel market, slow global growth")
Oil prices rise as US driving season looms; Shanghai mulls Covid unlock
Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents
 "Oil prices rise as US driving season looms; Shanghai mulls Covid unlock")
Govt in talks with Russia over a deal to buy oil at discounted rates: HPCL
India, the world's third biggest oil importer and consumer, is struggling like much of the rest of the world with inflation at multi-year highs, and is keen to cut its import bill
 "Govt in talks with Russia over a deal to buy oil at discounted rates: HPCL")
Oil prices recover from early losses as global supply fears linger
Oil prices rose on Thursday, recovering from early losses, as lingering fears over tight global supplies outweighed fears over slower economic growth as highlighted by slumping global shares.
Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%
CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE
 "Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%")
Oil prices climb in early trade on hopes of China demand recovery
Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its strict Covid measures
Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%
NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index
 "Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%")
Oil prices slide as investors take profit; supply fear still looms
The European Union aims to agree a phased embargo on Russian oil this month despite concerns about supply in eastern Europe
Saudi Aramco profit soars 82% on high oil prices in first quarter
State-controlled Aramco made net income of $39.5 billion, up 82 per cent from a year earlier, when global energy demand was still severely suppressed by the coronavirus pandemic
 "Saudi Aramco profit soars 82% on high oil prices in first quarter")
