Page 42 - Oil Prices

Oil prices slip on demand worries even as Covid lockdowns begin to ease

Brent crude futures fell 21 cents, or 0.6 per cent, to $35.96 by 0120 GMT. US West Texas Intermediate (WTI) crude futures were down 31 cents, or 0.9 per cent, at $34.04 a barrel

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Oil at 2-month high on Chinese demand rebound, Covid-19 vaccine hope

Futures in New York climbed as much as 13.2% on Monday. Chinese oil use is at 13 million barrels a day

Crude oil prices surge as demand shows signs of recovery from Covid-19

US crude up 19.7% in the week, Brent adds 5.2 per% after a week of bullish news. Both contracts gain for third straight week

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 up on surprise decline of US inventories; demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns, giving hope for a pickup in fuel demand

Oil gains on hopes that easing of coronavirus curbs will push demand boost

Brent crude was up 47 cents, or 1.5 per cent, at $29.33 a barrel by 0121 GMT, having fallen nearly 1 per cent on Thursday

Coronavirus crisis: Texas regulators do not mandate oil production cuts

Global energy demand has tumbled amid coronavirus-related travel and business restrictions and a glut of oil from shale. U.S. crude collapsed to minus $37 a barrel on April 20

Virus alert: India plans biggest-ever evacuation; UK tops Europe toll list

India is set to bring back close to 2.5 lakh nationals stranded abroad, making it the biggest-ever evacuation exercise in modern history

Indices slump 7% in two days amid concerns over health of economy

After dropping 6% a day earlier, the markets attempted to rebound with the Sensex gaining as much as 550 points intra-day amid gains in the global markets

Market Ahead, May 5: All You Need To Know Before The Opening Bell

With further extension of the nationwide lockdown, the RBI is considering a proposal for extending the moratorium on bank loans by another three months

Statsguru: Key indicators point to grim economic outlook amid lockdown

PMI's services did contract, with trade, hospitality coming to a grinding halt, though the pace of fall in the index was not as steep as that of the core sector

All eyes on May indicators

The high speed indicators, as the lockdown eases, may offer clues on the strength of the future rebound

ATF price slashed 23%, costs one-third of 'frozen' petrol, diesel rates

Aviation turbine fuel (ATF) price has been cut by Rs 6,812.62 per kilolitre, or 23.2 per cent, to Rs 22,544.75 per kl in the national capital

US oil fund had $726 million in unrealised losses before April: Report

The $3 billion exchange-traded product, known as USO, revealed on Tuesday that it had an unrealized loss of $726 million at the end of March

Top 10 biz headlines: HUL results today, US GDP contraction and more

Here are the top 10 business headlines for Thursday morning

Oil prices surge more than 10% after US crude storage build slows

US West Texas Intermediate (WTI) crude futures settled at $15.06 a barrel, jumping $2.72, or 22 per cent

Oil demand won't recover to 2019 levels until end of 2021: Morgan Stanley

The Wall Street bank expects benchmark US oil prices to stabilise at around $40 a barrel next year

BSE enables negative price trading in crude oil, testing on Monday

Exchange's BOLT Plus trading system has been modified to execute such trades, existing versions of the trading system will also support negative pricing

Oil prices fall as world's limited storage tanks fill up amid demand shock

Brent crude futures fell to a low of $18.97 and were last down 4.1 per cent , or 82 cents, at $19.17 a barrel