Page 44 - Oil Prices

Never waste a crisis

The government should go for deep structural reforms

Market Ahead, April 13: Top factors that could guide markets this week

HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent

Four fallouts of Covid-19 mishandling

A disruption in supply chain, no cash flow, non-availability of labour, and the fall in purchasing power will break many businesses

Indices soar 4% on stimulus hopes, end short week with 13% gain

Domestic stimulus hopes, oil talks lift sentiment

Brent can jump to $40 by 2020-end; India should stockpile crude oil now

While India will fill its caverns with crude, the lack of space means it's also an opportunity lost.

Covid-19: Russia, Saudi to cut oil output if US also does; US non-committal

Global oil demand has dropped by as much as 30 per cent, or about 30 million barrels per day, as measures to reduce the virus' spread have caused a crash in demand for ATF, petrol and diesel

Seeking to halt free fall, Saudi delays May prices, looks to OPEC meeting

On Friday, Brent crude futures settled at $34.11 a barrel; in early Asia trading, prices fell to $32 a barrel, while US WeWTI) crude CLc1 fell to $ 26.15 a barrel on Sunday.

Oil prices skids after Saudi-Russia talks, stocks jump on Covid-19 slowdown

Brent crude fell as much as $ 3 in early Asian trading after Saudi Arabia and Russia postponed a meeting over a potential pact to cut production to Thursday.

ONGC asks govt to cut cess, royalty, free gas price to help company survive

The fall in international oil prices and natural gas prices falling to a decade low of $ 2.39 per million BTU is threatening to push the firm into making cash-losses on a monthly basis

Oil rises for the second day on hopes of Saudi-Russia output deal

On Thursday, oil staged its largest one-day rally in history on prospects for a cut in supply equivalent to anywhere from 10 per cent to 15 per cent of world demand.

Oil posts biggest one-day gains after Trump touts Saudi-Russia deal

Trump did not specify barrels per day (bpd), though the market expresses demand and supply in those terms

Oil ends lower after US crude stockpiles jump, gasoline demand sinks

The market has slumped on the sharp fall in demand because of the coronavirus pandemic and rising output from Saudi Arabia and Russia after a supply pact collapsed last month

Fuel prices see minor changes; check petrol and diesel rates today

Petrol is being sold at a rate of Rs 69.59 per litre in Delhi

Market Ahead, March 26: All You Need To Know Before The Opening Bell

According to reports, the government is likely to agree a stimulus package of more than Rs 1.5 trillion to fight a downturn caused by the coronavirus lockdown

Fuel prices see minor changes, check petrol and diesel rates today

Petrol is being sold at a rate of Rs 69.63 per litre in Delhi

Market Ahead, March 25: Top factors that could guide markets today

The government has already deferred deadlines for filing tax returns, extended a tax amnesty program and promised more measures to support the economy amid the coronavirus pandemic

Covid-19 to 'permanently' hit global economic activity this year: Moody's

Financial market volatility is at levels that last occurred during the global financial crisis, said Moody's

Market Ahead, March 20: Top factors that could guide markets today

The Rupee's trajectory will also remain a big focus in today's session after plunging 84 paise to a new record low of 75.10 against the dollar on Thursday

Oil prices surge nearly 20% as investors hail coronavirus stimulus spending

OANDA's Moya cautioned that the selling could start again in oil markets.

Oil to stay under pressure; eyes on fiscal measures to address coronavirus

On top of the virus-related demand concerns, oil markets are also contending with an imminent surge in supplies from Saudi Arabia and Russia as the two nations face off in a very public way