Page 16 - Crude Oil Price
Crude oil edges higher after slide below $100 ahead of US inflation data
LONDON (Reuters) -Oil edged up on Wednesday, a day after settling below $100 a barrel for the first time since April, and gains were limited by a U.S. supply report showing rising inventories and caution ahead of U.S. inflation data.
 "Crude oil edges higher after slide below $100 ahead of US inflation data")
European Union has to look at Asia for oil imports, says UBS report
With the embargo on imports of Russian oil by the European Union (EU) to kick in, the region has to look at other sources, mainly China, said UBS in a report citing an oil industry expert.
Sensex slips 372 points, Nifty below 16K; Reliance, HDFC twins sink 2%
The BSE Sensex fell 372 points at close to 53,514. The index had previously risen 325 points to the day's high.
 "Sensex slips 372 points, Nifty below 16K; Reliance, HDFC twins sink 2%")
Key support for MCX Crude Oil at Rs 7,550; Natural Gas may be range-bound
The MCX Crude Oil futures has near support at Rs 7,550, below which it can slide towards the 200-DMA. Natural Gas need to sustain above the 20-DMA to maintain its positive bias.
 "Key support for MCX Crude Oil at Rs 7,550; Natural Gas may be range-bound")
Brent slumps to below $100 a barrel on firm dollar, weak demand outlook
Brent and WTI fall by more than $7 a barrel; recession fears and China COVID curbs weigh on oil, say analysts; OPEC forecasts slower oil demand growth in 2023
Oil steadies as China's Covid-19 fears face tight supply concerns
NEW YORK (Reuters) -Oil prices were little changed on Monday as markets balanced an expected drop in demand because of mass testing for COVID-19 in China against ongoing concerns over tight supply.
Russia's share of India's June oil imports surges to record 950,000 bpd
NEW DELHI (Reuters) - India's oil imports from Russia surged to a record of around 950,000 barrels per day (bpd) in June, accounting for nearly a fifth of overall imports by the world's third largest oil consumer, data provided by trade sources showed.
Oil drops as new Omicron subvariant case in Shanghai rattles market
Oil prices fall as fresh Omicron cases in China's Shanghai raises lockdown fears
 "Oil drops as new Omicron subvariant case in Shanghai rattles market")
Will easing farm commodity prices provide room to RBI to pause rate hikes?
While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season
 "Will easing farm commodity prices provide room to RBI to pause rate hikes?")
Oil heads for weekly loss as growth fears trump supply tightness
Investors remain concerned that restrictive US monetary policy could herald a recession, and oil has been dragged lower alongside other commodities
Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery
Last year IOC had signed an MoU with Gujarat for adding petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at the refinery
 "Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery")
Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers
CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
Oil prices rise by over $5 as tight supply outweighs recession fears
Traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium, which has been told by a Russian court to suspend activity for 30 days
 "Oil prices rise by over $5 as tight supply outweighs recession fears")
Sensex adds 428 pts, Nifty ends near 16,150; PSBs, OMCs rally; RIL down 1%
CLOSING BELL: It was, largely, a broad-based rally where the Nifty PSU Bank index advanced the most, up 3.4 per cent
 "Sensex adds 428 pts, Nifty ends near 16,150; PSBs, OMCs rally; RIL down 1%")
TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment
Why's there a growing unease between the govt and Big Tech in India? Why have SEZs not taken off in India? Where are crude oil prices headed? How to apply for an IPO and check allotment? Answers here.
 "TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment")
Where are crude oil prices headed?
West Texas Intermediate, or WTI crude futures slipped below $100 a barrel mark for the first time since May 11 on Tuesday. Is the era of high oil prices getting over, or was that a temporary blip?
UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports
Company says it is replacing shortfall by maximising indigenous diesel production
 "UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports")
RBI takes steps to attract foreign flows, says growth prospects stay strong
RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever
 "RBI takes steps to attract foreign flows, says growth prospects stay strong")
RBI takes steps to attract foreign flows, says growth prospects stay strong
RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever
Oil prices drop to 12-week low on recession, Covid worries
Dollar holds near 20-year high against other currencies; China reports new Covid cases across the country; Norwegian oil output to return within days after strike
