Page 46 - Oil Prices

Petrol and Diesel prices cut for third straight day even as brent recovers

Petrol in Delhi now costs Rs 70.29 per litre and diesel Rs 63.01 a litre

How to cope with $30 oil: Producers prepare for more spending cuts

The launch of a price war between Saudi Arabia and Russia drove oil prices down by about a third on Monday

Oil prices rise for second day amid hopes for output cut by US producers

Oil and equity markets had staged solid rebounds on Tuesday after the previous day's pummelling

Oil prices may have sunk but the energy market fallout has only just begun

The main beneficiaries are likely to be the main consuming countries such as India and China, but even there oil companies will be affected.

Top 10 business headlines: Rana Kapoor influenced loan decisions, says Gill

From Markets bracing for stormy days to Mukesh Ambani loses Asia's wealth crown, Business Standard brings you top business headlines of the day

OMCs, paints, cement firms to benefit as oil crash rebuilds hopes

The escalating coronavirus fear and price war between oil producing countries led to a sharp 23% one-day fall in crude oil prices on Monday

Mukesh Ambani no more Asia's richest man as recent oil slide erodes wealth

According to the Bloomberg Billionaires Index, Chinese billionaire Jack Ma, the founder of e-commerce major Alibaba Group has toppled Ambani to get the top spot in Asia

Oil bounces 8% on economic stimulus hopes, coronavirus slowdown in China

Brent crude futures rose by $2.85, or 8.3%, to $37.21 a barrel by 0605 GMT, while US West Texas Intermediate crude gained $2.46, or 7.9%, to $33.59 a barrel

US blames 'state actors' for shocking oil markets, pleads for calm

Oil prices suffered their biggest daily rout since the 1991 Gulf War as top producers Russia and Saudi Arabia launched a price war in the face of weak demand prompted by the spread of the coronavirus

Oil firms promised billions to investors. Now what next after price crash?

Brent crude was trading at around $36 a barrel, down around 20 per cent by 16:45 GMT on Monday, when analysts lowered share price forecasts for top oil and gas producers

The oil crash

Govt should seize the opportunity to improve its finances

Oil rises over 6% after price war sparks biggest daily rout since 1991

Analysts do not expect oil prices to regain the nearly 25 per cent slump from Friday's close as the coronavirus outbreak cuts demand

Wall Street suffers biggest one-day loss since 2008 as investors panic

Benchmark 10-year US Treasury yields briefly sank to 0.318 per cent, a record low

Top 10 business headlines: Bad day for markets as crude plays spoilsport

From no level playing field for women at work to YES Bank rescue details, Business Standard brings you the top headlines of the day

Low oil prices good for importing countries like India: HPCL chairman

What happened in China is, to some extent, related to COVID-19, but (the fall in oil price) is independent in its own ways

3 reasons why the fall in crude oil prices may not be good news for India

The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies

US stock market circuit breakers working as expected, says NYSE president

A 7% decline in the S&P 500 triggered a 15 minute trading pause shortly after the market opened

As Saudi Arabia blows up crude oil market, stand by for fallout: Analyst

The Saudi move was no shot across the bows aimed at Russia's reluctance to extend and boost a deal to curb production.

As oil prices fall and coronavirus spreads, here's what market analysts say

Oil is facing a double whammy due to the impact of coronavirus and OPEC talks falling apart, says analyst

Oil crashes on Saudi's biggest price war in 20 yrs; Brent drops to $33/bbl

A meeting of main producers was expected to agree to deeper cuts to counter the impact of the new coronavirus -- but Moscow refused to tighten supply