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Page 5 - Brent Crude

Rupee ends at record low as rebound in crude deepens CAD, inflation worries

Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17

Rupee ends at record low as rebound in crude deepens CAD, inflation worries
Updated On : 22 Jun 2022 | 12:19 AM IST

Bond yields plunge, rupee gains as easing crude oil buoys markets

The rupee ended the day at 77.98 to a dollar against a close of 78.07 on Friday

Bond yields plunge, rupee gains as easing crude oil buoys markets
Updated On : 20 Jun 2022 | 11:42 PM IST

Oil prices rise as tightening supply offsets global economic concerns

Brent crude futures rose 42 cents, or 0.4%, to $113.54 a barrel by 0633 GMT. Front-month prices tumbled 7.3% last week, their first weekly fall in five

Oil prices rise as tightening supply offsets global economic concerns
Updated On : 20 Jun 2022 | 3:48 PM IST

Oil slumps 5%, US gasoline price drops 6% as dollar reaches record high

With the Fed expected to keep raising interest rates, open interest in WTI futures on the New York Mercantile Exchange fell on Thursday to its lowest since May 2016

Oil slumps 5%, US gasoline price drops 6% as dollar reaches record high
Updated On : 17 Jun 2022 | 10:45 PM IST

Oil rises on tight supply and Iran sanctions, though rate hikes weighs

Brent crude was up $1.13, or 0.9%, to $120.94 a barrel at 1016 GMT, and U.S. West Texas Intermediate (WTI) crude had gained $1.03, or 0.9%, to $118.62

Oil rises on tight supply and Iran sanctions, though rate hikes weighs
Updated On : 17 Jun 2022 | 4:13 PM IST

Reliance Industries in focus as benchmark refining margin inches up

Morgan Stanley said RIL's margins would be 50 per cent above its last peak season in mid-2008

Reliance Industries in focus as benchmark refining margin inches up
Updated On : 16 Jun 2022 | 10:24 PM IST

Oil prices fall as investors bet US Fed will announce a 75 bps hike

Brent crude futures for August were down $1.27, or 1%, at $119.90 a barrel as of 1001 GMT, in volatile trading

Oil prices fall as investors bet US Fed will announce a 75 bps hike
Updated On : 15 Jun 2022 | 5:48 PM IST

Oil rises on tight global supplies; trade choppy on demand worries

Brent crude rose 68 cents to $122.69 a barrel at 12:13 p.m. EDT (1613 GMT). US West Texas Intermediate crude rose 61 cents to $121.28 a barrel.

Oil rises on tight global supplies; trade choppy on demand worries
Updated On : 13 Jun 2022 | 11:27 PM IST

Oil dips on Beijing's Covid warning, fears of rate hikes to curb inflation

Brent crude was down $1.86, or 1.5%, to $120.15 at 0907 GMT, while US West Texas Intermediate crude was down $2.15, or 1.8%, at $118.52.

Oil dips on Beijing's Covid warning, fears of rate hikes to curb inflation
Updated On : 13 Jun 2022 | 4:25 PM IST

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?

The market's confidence has been shaken as persistently elevated levels of commodity prices, and disrupted supply chains continue to be a double whammy for the economy and companies alike.

Rs 3.2 trn of investor wealth wiped off. Why did the Sensex fall on Friday?
Updated On : 10 Jun 2022 | 3:34 PM IST

Oil sticks near three-month highs despite new Covid lockdowns in Shanghai

Brent crude futures for August dipped 9 cents to $123.49 a barrel at 0853 GMT, while US West Texas Intermediate crude for July was at $121.89 a barrel, down 22 cents.

Oil sticks near three-month highs despite new Covid lockdowns in Shanghai
Updated On : 09 Jun 2022 | 3:43 PM IST

Oil prices are 'nowhere near' peak, says UAE minister; brent rises

The comments serve as an acknowledgment that last week's decision by the OPEC+ coalition to bolster output will give consumers little respite from the soaring cost of energy this summer

Oil prices are 'nowhere near' peak, says UAE minister; brent rises
Updated On : 09 Jun 2022 | 12:57 AM IST

Wall Street falls as Amazon, chipmakers weigh; Dow falls over 200 pts

Chip stocks tumble after Citi sounds alarm on Intel; the energy sector was among the few gainers with a rise of 0.8%, thanks to a jump in Brent crude prices to above $123 a barrel

Wall Street falls as Amazon, chipmakers weigh; Dow falls over 200 pts
Updated On : 08 Jun 2022 | 11:40 PM IST

Oil prices stable as market juggles risk sentiment with tight supplies

US West Texas Intermediate (WTI) crude futures were down 25 cents, or 0.2%, at $118.25 a barrel, having risen by over $1 per barrel earlier in the session.

Oil prices stable as market juggles risk sentiment with tight supplies
Updated On : 07 Jun 2022 | 5:31 PM IST

Oil prices inch higher on relaxed China Covid curbs, tight supplies

Brent crude futures were up 28 cents, or 0.2%, at $119.79 barrel at 0601 GMT

Oil prices inch higher on relaxed China Covid curbs, tight supplies
Updated On : 07 Jun 2022 | 12:46 PM IST

Brent climbs over $120 per barrel after Saudi Arabia raises crude prices

. Brent crude firmed 68 cents, or 0.6%, to $120.40 a barrel at 0640 GMT after touching an intraday high of $121.95

Brent climbs over $120 per barrel after Saudi Arabia raises crude prices
Updated On : 06 Jun 2022 | 1:19 PM IST

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip

CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip
Updated On : 03 Jun 2022 | 3:42 PM IST

Oil prices fall on prospect of OPEC offsetting Russian crude output loss

Brent crude was down $2.07, or 1.8%, at $114.22 a barrel at 0649 GMT, having risen 0.6% the previous day.

Oil prices fall on prospect of OPEC offsetting Russian crude output loss
Updated On : 02 Jun 2022 | 4:38 PM IST

Sensex jumps 437 pts, Nifty holds 16,600; RIL zooms 3.6%, Delhivery 6%

CLOSING BELL: Reliance Industries (RIL) was the biggest contributor, accounting for over 65 per cent of today's gains, as its shares surged 3.6 per cent

Sensex jumps 437 pts, Nifty holds 16,600; RIL zooms 3.6%, Delhivery 6%
Updated On : 02 Jun 2022 | 3:40 PM IST

Oil prices strengthen on EU's Russian oil ban, end of Shanghai lockdown

Brent crude was up $1.83, or 1.6%, at $117.46 a barrel as of 11:56 a.m. EDT (1556 GMT). U.S. West Texas Intermediate crude gained $1.77, or 1.6%, to $116.45.

Oil prices strengthen on EU's Russian oil ban, end of Shanghai lockdown
Updated On : 01 Jun 2022 | 10:11 PM IST