Page 43 - Oil Prices

US oil falls 25% as investors flee on storage concerns; Brent below $20

Roughly 85 per cent of worldwide onshore storage full as of last week, according to Kpler data

Covid-19: Singapore's legandary oil trader in debt trap as oil price plunge

On April 17, Hin Leong Trading filed an application to the Singapore High Court for a debt moratorium (bankruptcy protection) as it seeks to restructure debts of almost $4 billion

Statsguru: Why crude oil went berserk last week and is it just a blip?

Oil traded at a negative price on a one-month West Texas Intermediate futures contract, but it didn't for successive months' futures contracts

Trading opportunity in energy sector

Traders can benefit from price volatility in the months to come

Price crash brings no relief as oil firms keep fuel prices unchanged

The auto fuels today maintain almost the same price levels at pumps that was existing on March 14, when government raised the excise duty on petrol and diesel by Rs 3 per litre

Under heavy debt loads, US shale producers and refiners scrambling for cash

Fuel demand has tumbled roughly 30% worldwide as the coronavirus pandemic destroyed demand for transport

Deep Dive with AKB - Oil's great slide: What this means for India

Indian crude oil basket follows global trajectory, falls to record low

The March average of Indian Basket price was lowest in the last 15 years at $33.36 a barrel last month

The oil glut

The crash in futures may not benefit India

Brent price crash adds to oil chaos even as OPEC+ rushes to cut output

Over 20 per cent fall comes despite OPEC+ agreeing to reduce production

US oil futures end in green territory; OPEC discusses 'dramatic situation'

Oil's chaotic collapse deepened, and stocks around the world dropped on Tuesday as the economic carnage caused by the coronavirus pandemic turns markets upside down

Wall Street tumbles as oil crash stirs Covid-19 fears; Dow falls over 2%

All 11 S&P 500 sector indexes fell 1.6 per cent or more, with energy sliding for the seventh time in eight sessions

How Covid-19 spoilt the oil bonanza

Conventional wisdom is that when crude oil prices drop, India benefits as it is dependent on imported oil to the tune of about 85 per cent of its total consumption

Rupee slides 30 paise to 76.83 against US Dollar amid oil price slump

Investors rushed to safe-haven bet US dollar due to market uncertainty after oil prices slumped into negative territory in US markets

When oil goes negative: How did it happen, what it means for Indian economy

Oil producers are paying buyers to take the commodity off their hands.

Covid-19: Oil crashes into negative territory for the first time in history

The May US WTI contract fell $55.9, or 306 per cent, to settle at a discount of $37.63 a barrel after touching an all-time low of -$40.32 a barrel

Wall Street drops on oil price crash, earnings anxiety; Dow falls over 2%

The S&P energy index tumbled 3.7 per cent after the front-month May US West Texas Intermediate (WTI) contract actually turned negative

Boon and bane: 6 ways in which lower oil prices will impact Indian economy

Prices are unlikely to breach the $40-a-barrel, and even when the world has fixed the disease it may double down on kicking its oil habit. Six factors that help and hurt India when oil is in plenty

Oil bounces back on lower output hopes as coronavirus ravages demand

Brent crude was up 69 cents, or 2.5%, at $28.38 a barrel by 0102 GMT. US West Texas Intermediate (WTI) was up 56 cents, or 2.8%, at $20.43

Covid-19: Energy agency says 2020 worst year in history for oil demand

We may see it was the worst year in the history of global markets, said Fatih Birol, head of the IEA