Business Standard

Page 10 - Oil Prices

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers

India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers
Updated On : 03 Mar 2022 | 1:58 PM IST

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

Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk
Updated On : 03 Mar 2022 | 6:10 AM IST

Russia-Ukraine crisis: Brent crude tops $121 a barrel, wheat at 24-yr high

In India, MCX crude futures for March 21 delivery hit an all-time high of $8,274 a barrel.

Russia-Ukraine crisis: Brent crude tops $121 a barrel, wheat at 24-yr high
Updated On : 03 Mar 2022 | 12:37 AM IST

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.

Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens
Updated On : 02 Mar 2022 | 5:18 PM IST

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

The official selling price (OSP) for Saudi's flagship Arab Light crude may rise to a record of $4.50 a barrel, up $1.70, three of five refining sources told Reuters in a survey.

Saudi Arabia may raise April crude prices to Asia to all-time highs
Updated On : 02 Mar 2022 | 8:32 AM IST

Oil prices surge over 7% as global crude reserve release disappoints

Brent futures rose $7.00, or 7.1%, to settle at $104.97 a barrel, their highest close since August 2014.

Oil prices surge over 7% as global crude reserve release disappoints
Updated On : 02 Mar 2022 | 7:19 AM IST

Oil prices climb as market weighs release of reserves vs Russia disruption

May Brent crude futures, which began trading as prompt on Tuesday, gained about 1% at 0141 GMT to $98.90.

Oil prices climb as market weighs release of reserves vs Russia disruption
Updated On : 01 Mar 2022 | 9:07 AM IST

Oil soars as Russian energy supply fears intensify amid Western sanctions

Brent crude rose $2.65, or 2.7%, to $100.58 by 1255 GMT after touching a high of $105.07 a barrel in early trade

Oil soars as Russian energy supply fears intensify amid Western sanctions
Updated On : 28 Feb 2022 | 7:35 PM IST

Oil prices soar as Western sanctions and pressures on Russia mount

Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade

Oil prices soar as Western sanctions and pressures on Russia mount
Updated On : 28 Feb 2022 | 3:20 PM IST

Oil soars as Russia puts nuclear forces on alert, bank sanctions bite

At 0643 GMT Brent crude futures were up $4.69, or 4.8%, at $102.62, after hitting a high of $105.07 a barrel in early trade

Oil soars as Russia puts nuclear forces on alert, bank sanctions bite
Updated On : 28 Feb 2022 | 2:15 PM IST

Crude jumps, stocks slip, rouble crashes on tough Russian sanctions

The rouble dived as much as 29.67% to a record-low 119.5 per dollar.

Crude jumps, stocks slip, rouble crashes on tough Russian sanctions
Updated On : 28 Feb 2022 | 11:22 AM IST

Correction fails to rein in expensive market valuation: Fund managers

Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further

Correction fails to rein in expensive market valuation: Fund managers
Updated On : 27 Feb 2022 | 9:54 PM IST

Oil could jump back above $100 as traders assess Russia SWIFT ban: Analysts

A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel, analysts say

Oil could jump back above $100 as traders assess Russia SWIFT ban: Analysts
Updated On : 27 Feb 2022 | 8:30 PM IST

Global stocks rise after Ukraine panic, oil back below $100-mark

By 1115 GMT, the Euro STOXX gained 1.78% higher while the FTSE 100 climbed 2.1%. Germany's DAX increased 1.3%

Global stocks rise after Ukraine panic, oil back below $100-mark
Updated On : 25 Feb 2022 | 6:45 PM IST

Oil prices surge 2% as Russian invasion of Ukraine rings supply alarm bells

Global benchmark Brent crude rose $1.99, or 2%, to $101.07 a barrel around 0155 GMT on Friday

Oil prices surge 2% as Russian invasion of Ukraine rings supply alarm bells
Updated On : 25 Feb 2022 | 8:16 AM IST

Russia-Ukraine crisis underscores lack of integrated energy policy in India

If India has to partially insulate itself, then oil companies must be given leeway to manage oil price risks

Russia-Ukraine crisis underscores lack of integrated energy policy in India
Updated On : 25 Feb 2022 | 6:02 AM IST

Ukraine crisis: India Inc faces dip in margins as crude oil prices spike

The numbers suggest an across-the-board impact, including banks and financials, and oil and gas companies.

Ukraine crisis: India Inc faces dip in margins as crude oil prices spike
Updated On : 25 Feb 2022 | 6:10 AM IST

Oil crosses $105 a barrel, hits 8-year high as Russia attacks Ukraine

The United States and Europe have promised the toughest sanctions on Russia in response

Oil crosses $105 a barrel, hits 8-year high as Russia attacks Ukraine
Updated On : 25 Feb 2022 | 12:35 AM IST

Oil rises above $105 after Russia attacks Ukraine

US and EU promise toughest sanctions on Russia; Brent and WTI hit highest since 2014

Oil rises above $105 after Russia attacks Ukraine
Updated On : 24 Feb 2022 | 4:34 PM IST

Oil prices soar after Russia's Putin launch military action against Ukraine

Oil prices surged by nearly $6 per barrel Thursday after President Vladimir Putin launched Russian military action in Ukraine. Brent crude oil jumped to over $100 per barrel on unease about possible disruption of Russian supplies. The price of US benchmark crude briefly surpassed $98 per barrel. The ruble sank 7.5% to more than $87 to the US dollar. The future for Germany's benchmark DAX index lost 5.3% and London's FTSE 100 was off 3.3% as Europe awakened to news of explosions in Kyiv, Kharkiv and other areas of Ukraine. Putin said Russia's military operation was needed to protect civilians in eastern Ukraine, a claim Washington had predicted he would make to justify an invasion. US President Joe Biden denounced the attack as unprovoked and unjustified" and said Moscow would be held accountable, which many took to mean Washington and its allies would impose additional sanctions. Putin accused them of ignoring Russia's demand to prevent Ukraine from joining NATO and to offer Mosco

Oil prices soar after Russia's Putin launch military action against Ukraine
Updated On : 24 Feb 2022 | 1:52 PM IST