Business Standard

Page 7 - Oil Prices

Oil prices up more than $6 as European Union considers Russian oil ban

Brent crude futures were up $6.52, or 6%, at $114.45 a barrel by 1442 GMT, adding to a 1.2% rise on Friday

Oil prices up more than $6 as European Union considers Russian oil ban
Updated On : 21 Mar 2022 | 9:24 PM IST

Wall Street refocuses on risk as stocks dip, oil prices climb

The Dow Jones Industrial Average fell 197.09 points, or 0.57%, to 34,557.84, the S&P 500 lost 17.31 points, or 0.39%, to 4,445.81 and the Nasdaq Composite dropped 160.70 points, or 1.16%, to 13,733.14

Wall Street refocuses on risk as stocks dip, oil prices climb
Updated On : 21 Mar 2022 | 9:08 PM IST

Oil prices jump again as European Union considers Russian oil ban

Brent crude futures were up $3.40, or 3.2%, at $111.33 a barrel by 0958 GMT, adding to a 1.2% rise last Friday

Oil prices jump again as European Union considers Russian oil ban
Updated On : 21 Mar 2022 | 6:01 PM IST

Sri Lanka crisis worsens: Petrol price skyrockets, 2 die in queue

Suspends operations at its only fuel refinery after crude oil stocks run out

Sri Lanka crisis worsens: Petrol price skyrockets, 2 die in queue
Updated On : 21 Mar 2022 | 12:52 AM IST

No need to hit panic button as oil prices may not impact govt's finances

Analysts have spelt out bleak scenarios for India's finances and growth, assuming strong crude prices

No need to hit panic button as oil prices may not impact govt's finances
Updated On : 21 Mar 2022 | 6:08 AM IST

Oil prices climb as traders assess supply risks

Brent crude for May delivery increased 1.29 dollars, or 1.2 per cent, to close at 107.93 dollars a barrel on the London ICE Futures Exchange, as traders weighed supply risks.

Oil prices climb as traders assess supply risks
Updated On : 19 Mar 2022 | 8:48 AM IST

Oil prices headed for weekly loss, but stay well above $100 a barrel

U.S. West Texas Intermediate (WTI) crude futures were up 17 cents, or 0.2 per cent, at $103.15 a barrel, adding to an 8 per cent jump on Thursday

Oil prices headed for weekly loss, but stay well above $100 a barrel
Updated On : 19 Mar 2022 | 2:37 AM IST

Delayed projects decline, but cost overruns rising, shows data

As prices are rising, so are expectations that the government may have to budget more for its infrastructure pipeline.

Delayed projects decline, but cost overruns rising, shows data
Updated On : 19 Mar 2022 | 6:02 AM IST

Stocks step back, oil bounces as Russia-Ukraine peace talks stall

Stockmarkets took a breather after several days of sizeable gains, while commodities were set on edge by the lack of progress in Russia-Ukraine peace negotiations

Stocks step back, oil bounces as Russia-Ukraine peace talks stall
Updated On : 18 Mar 2022 | 8:41 AM IST

Oil prices surge 8% amid warnings of Russian supply shortages

Oil prices climbed 8% on Thursday, extending a series of wild daily swings, as the market rebounded from several days of losses with a renewed focus on supply shortages

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Updated On : 18 Mar 2022 | 7:27 AM IST

Wall Street stocks, oil prices rise after aggressive Fed hike outlook

Wall Street stocks rebounded from early session losses on Thursday as investors weighed economic implications of the Federal Reserve's surprisingly aggressive interest rate stance

Wall Street stocks, oil prices rise after aggressive Fed hike outlook
Updated On : 18 Mar 2022 | 6:33 AM IST

Immediate fuel price hike unlikely; govt comfortable with $100 crude

The last excise duty cut by the Centre was in November 2021, ahead of elections in five key states, including Uttar Pradesh and Punjab.

Immediate fuel price hike unlikely; govt comfortable with $100 crude
Updated On : 18 Mar 2022 | 6:02 AM IST

Oil prices climbs over 9% amid warnings of Russian supply shortages

The oil market largely shrugged off a decision by the US Federal Reserve on Wednesday to raise interest rates by one-quarter of a percentage point, as anticipated.

Oil prices climbs over 9% amid warnings of Russian supply shortages
Updated On : 17 Mar 2022 | 10:38 PM IST

Oil prices surge 7% amid warnings of Russian supply shortages

Benchmark Brent crude futures gained $7.47, or 7.6%, to $105.49 a barrel by 1427 GMT. U.S. West Texas Intermediate (WTI) crude was up $6.85, or 7.2%, to $101.89 a barrel.

Oil prices surge 7% amid warnings of Russian supply shortages
Updated On : 17 Mar 2022 | 8:52 PM IST

Oil price rises after IEA warns of supply shortfall in markets

Oil prices climbed after the International Energy Agency (IEA) said markets could lose three million barrels per day (bpd) of Russian crude and refined products from April.

Oil price rises after IEA warns of supply shortfall in markets
Updated On : 17 Mar 2022 | 12:05 PM IST

Oil prices dip on Russia-Ukraine peace talks, US inventory data

(Reuters) -Oil fell on Wednesday in another volatile session as traders reacted to hoped-for progress in Russia-Ukraine peace talks and a surprising increase in U.S. inventories.

Oil prices dip on Russia-Ukraine peace talks, US inventory data
Updated On : 16 Mar 2022 | 11:45 PM IST

Oil price rises back above $100, Russia-Ukraine talks limit gain

Brent crude rose $2.55, or 2.6%, to $102.46 a barrel by 0923 GMT. U.S. West Texas Intermediate (WTI) crude added $1.34, or 1.4%, to $97.78 a barrel.

Oil price rises back above $100, Russia-Ukraine talks limit gain
Updated On : 16 Mar 2022 | 3:55 PM IST

Sensex sprints 1,040 pts, Nifty tops 16,950 ahead of US Fed outcome

CLOSING BELL: Ultratech Cement (up 4.6 per cent) was the top Nifty gainer today. This was followed by Axis Bank, Shree Cement, IndusInd Bank, Bajaj Auto, and Hindalco

Sensex sprints 1,040 pts, Nifty tops 16,950 ahead of US Fed outcome
Updated On : 16 Mar 2022 | 3:52 PM IST

Oil prices climb as Russia-Ukraine ceasefire talks stoke volatile trading

Oil prices rose early on Wednesday, bouncing back after earlier falling more than $1 a barrel, as Russia's invasion of Ukraine continues to dominate volatile trading

Oil prices climb as Russia-Ukraine ceasefire talks stoke volatile trading
Updated On : 16 Mar 2022 | 8:48 AM IST

Wall Street climbs as oil prices slide, Fed in focus; Dow up 240 points

The S&P 500 was up 39.26 points, or 0.94%, at 4,212.37, and the Nasdaq Composite was up 148.51 points, or 1.18%, at 12,729.73

Wall Street climbs as oil prices slide, Fed in focus; Dow up 240 points
Updated On : 15 Mar 2022 | 9:09 PM IST