Page 9 - Oil Prices

Here's how surging oil prices shift the economic outlook in Asia

As a net importer of energy, Asia is vulnerable to the oil price spike triggered by Russia's invasion of Ukraine

European stocks rebound as markets pause, oil prices cool down

Russia accused the United States of declaring an economic war, after U.S. President Joe Biden announced a ban on Russian oil exports on Tuesday.

Sensex rises for 2nd day, surges 1,223 pts; Nifty tops 16,300; RIL zooms 5%

CLOSING BELL: Ukrainian President Volodymyr Zelenskyy's reported statement that his country has cooled down on the question of a NATO membership calmed investor nerves

Soaring crude oil prices continue to dampen investor sentiment

Analysts said oil prices would overshadow the election results of five states, due on Thursday

Ukraine crisis: Oil traders bet prices will pass $200 a barrel this month

Russia is the world's third-largest oil producer behind the US and Saudi Arabia

Sensex, Nifty drop over 2.3% as Brent crude oil touches 14-year high

Sensex falls nearly 1,500 points with financial stocks being biggest drag

Brent spikes to $139 on prospect of Russia oil ban, delay in Iran deal

Brent, WTI jump to highest since 2008; US, European allies discuss banning imports of Russian oil

Energy conference kicks off as Ukraine crisis leaves oil market in turmoil

The world's biggest gathering of energy industry leaders kicks off in Houston Monday, as Russia's invasion of Ukraine delivers an oil price shock to the global economy

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation's oil-import bill

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI

The Ukraine war's impact on global supply chains could force India's central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy, according to economists

Oil at 2008 highs as US, Europe mull Russian oil import ban, Iran delay

Oil prices soared more than 6%, touching their highest since 2008 on Monday after the United States and European allies mull a Russian oil import ban

Oil surges 10% in Asia, euro skids, bonds rally amid Russian products ban

Oil prices soared more than 10% in hectic trading as the risk of a US and European ban on Russian product triggered what was shaping up as a major stagflationary shock for world markets

Petrol, diesel prices set to rise Rs 15-Rs 22 per litre from next week

It is widely expected that the OMCs will revise the current prices on or after March 7, which is the last day of voting in the ongoing state assembly elections

Oil surges to multi-year highs as Russian supply shortfall looms

Crude prices posted their largest weekly gains since the middle of 2020, with the Brent benchmark up 21% and U.S. crude gaining 26%.

Oil rises above $113 as Ukraine conflict offsets Iran supply hope

Oil rose above $113 a barrel on Friday in a volatile session as fears over disruption to Russian oil exports in the face of Western sanctions offset the prospect of more Iranian supplies

India to raise fuel prices from next week amid concern over inflation

State oil companies have told the government that they need a price increase of 10-12 rupees per litre for petrol and diesel, an official said

Japan unveils measures to boost oil subsidy, back small firms

Concern about Russian oil supplies, which at 4 million to 5 million barrels per day (bpd) are second only to Saudi Arabia in volume, have pushed up oil prices to levels not seen in a decade.

Oil hits almost decade high of $119 before Iran throttles the rally

Analyst says Iran deal can't replace Russia disruptions; OPEC and its allies have snubbed calls to accelerate output rises

Surge in oil price rattles markets as Ukraine conflict intensifies

Oil prices soared again as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped

Palladium scales 7-month peak, gold firms as Ukraine crisis rages on

Spot palladium, used by automakers in catalytic converters to curb emissions, jumped 4.1% to $2,778.48 by 1030 GMT, rising for a fourth session to hit its highest since mid-June 2021