Page 50 - Oil Prices

Global oil prices jump over 1% on drone attack on Saudi Aramco facilities

Saudi Arabia said earlier that two of its oil tankers were among those attacked off the coast of the UAE on Sunday, incidents which ratcheted up tensions in the world's top oil exporting region

What oil at $100 a barrel would mean for the world economy

Higher prices will hit different economies in different ways

Oil above $75 a barrel raises concerns over macroeconomic indicators

Oil imports rose 40% in rupee terms in FY19

As oil bulls on, hedge funds place bets for longest run in 13 years

Gasoline prices have risen in tandem this year, and Trump on Friday said that he has pressured Opec to boost output to reverse the trend

Oil prices tumble as Donald Trump dials Opec to lower gasoline prices

Futures in New York fell as much as 4.5 per cent on Friday, wiping away gains from earlier in the week that had followed the US' vow of tougher sanctions on Iran

Oil prices climb as market torn between Iran waiver loss, surging US supply

Brent crude futures were at $74.60 per barrel at 0512 GMT, 3 cents above their last close

Crude oil climbs 1% to a five-month high amid tight gasoline supply

Gasoline stocks fell 7.7 million barrels, more than triple the 2 million-barrel drop analysts had expected

Brent crude nears $70 as oil prices rise for fourth day on Opec supply cuts

Oil production from Russia, which has joined Opec in agreeing to supply cuts to prop up prices, fell to 11.3 bpd

Donald Trump presses OPEC to boost output to bring down oil prices

Oil prices took a brief, sharp turn downward after Donald Trump's statement before recovering somewhat.

Looking to corner Maduro, US presses India to stop Venezuelan oil purchase

The Indian market is crucial for Venezuela's economy because it has historically been the second-largest cash-paying customer for the Opec country's crude

Saudi rules out Opec+ supply cuts, says US and China will spur oil demand

US, China to spur oil demand, supply cuts not on Opec anvil:

Petrol, diesel prices to be low during elections; OMCs asked to keep check

The move has been necessitated to prevent any consumer outrage that could erupt if there are frequent increases in retail price of petrol and diesel

Russia cuts oil output further in February to comply with Opec pact

The nation curtailed its January supply by about 47,000 barrels a day from the baseline, according to the Energy Ministry

In rebuff to Donald Trump, Opec oil output drops further in February

The drop of 300,000 barrels per day comes despite criticism from US President Donald Trump

Oil jumps after US crude stocks drop, Opec stays firm on supply cuts

Crude inventories fell by 8.6 million barrels last week, compared with analysts' expectations for an increase of 2.8 million barrels

Oil prices edges up to $65 as Opec rebuffs Donald Trump pressure

Brent crude, the global benchmark, rose 24 cents to $65.00 by 5:09 pm (IST) after losing 3.5 per cent on Monday

Trump calls on Opec to 'relax and take it easy', oil prices tumble

The president's intervention follows a price rally of about 23 per cent this year due to production cuts from OPEC and its allies

Oil rises to near 2019 highs, but global economic slowdown applies brakes

Despite the slowdown in economic growth that emerged in late 2018, oil prices have been driven up this year by supply cuts led by the Organization of the Petroleum Exporting Countries

Crude oil drops from 2019 highs as global economic concerns grip markets

Bank of America Merrill Lynch said in a note that the Sino-American trade dispute was hurting economic growth globally

Brent above $65: Oil prices hit 2019 highs amid OPEC-led supply cuts

Brent pushed above $65 per barrel for the first time in 2019, before edging back to $64.91 a barrel by 0143 GMT. That was still 0.5 percent above the last close.