Page 19 - Oil Prices

High oil prices will undermine global recovery, warns India

Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May.

Oil prices pull back as US factory data intensifies demand concerns

Brent crude oil futures settled down 53 cents or 0.6% at $84.33 a barrel after hitting $86.04, their highest since October 2018

Buoyed by power crunch, Brent crude oil crosses $86-mark

Brent crude oil futures were up 13 cents, or 0.15 per cent, to $84.73 a barrel at 9.00 pm ist, after hitting $86.04, their highest level since October 2018

High oil prices to hurt world economic recovery: India to OPEC

Petrol and diesel prices have shot up to record highs across the country after relentless price increases since early May.

Oil alarm: India's oil import bill at 67% of FY21 in just 5 months of FY22

The sharp economic recovery and rising demand post the second wave of Covid coupled with a spike in global oil prices may pose a challenge for the government in FY22 to maintain fiscal discipline

Oil prices rise to three-year high on back of supply deficit forecasts

Brent crude futures settled up 86 cents, or 1%, at $84.86 a barrel

Brent rises to $85 as energy crisis stokes demand before winter

Brent is set for a sixth straight weekly gain in the wake of robust demand and limited supply

Brent oil surges to $85 per barrel as energy crisis stokes demand

Brent crude futures were up 80 cents, or 0.95% a barrel at 0930 GMT

Oil prices climb more than 3% amid robust demand and tighter supplies

Brent crude futures touched their highest since October 2018, rising 84 cents, or 1%, to $84.84 a barrel by 0652 GMT

Oil prices rise on tight supply, set for weekly gain of more than 2%

Analysts pointed to a sharp drop in OECD oil stockpiles, to their lowest level since 2015

Oil rallies with IEA seeing gas shortages deepening deficit

Crude's rally in recent months has been underscored by wider gains in energy prices

Oil eases on profit taking, demand jitters; stays near highest in years

Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier

India's September fuel demand steady, rising oil prices cloud outlook

Fuel consumption, a proxy for oil demand, totalled 15.92 million tonnes last month, up slightly from August and 5.2% higher than in September 2020, data on PPAC website showed

Oil prices fall on fears faltering economic growth to hit demand

Brent crude futures were down 76 cents, or 0.9%, at $82.66 a barrel at 1406 GMT. US West Texas Intermediate (WTI) crude futures fell 80 cents or 0.9% to $79.84 a barrel.

World stocks soft before US CPI, oil prices near multi-year highs

European stocks fell 0.4% and are nearly 5% below their August peak. UK stocks dropped 0.4%.

Oil holds above $80 as IEA warns of volatility, higher prices

Crude has surged this year as a rebound in activity from the pandemic has boosted consumption, depleting inventories

Oil falls amid worries that inflation may dent fuel demand growth

A strong U.S. dollar NSE 0.83 %, trading near a one-year high, also weighed on oil prices, as it makes oil more expensive for those holding other currencies

Oil holds near $84 a barrel on global energy shortage fears

The price of Brent has surged by more than 60 per cent this year

Oil whipsaws in volatile session as energy crunch stokes recovery concerns

Energy crunch stokes inflation, economic recovery concerns

Fag-end buying lifts Sensex 149 pts; Nifty near 18K; Titan soars 6%, SBI 3%

Titan (up 6 per cent), Bajaj Finserv, Bajaj Auto, Divis Labs, SBI, Hindalco, and Hero MotoCorp were the top gainers on the 50-pack index