Page 24 - Crude Oil Price

Most global indices are near bear territory. Will the Sensex, Nifty follow?

Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months

Ukraine crisis: Oil prices surge as US and Britain cut off Russian crude

Britain said it will phase out the import of Russian oil and oil products by 2022

LIVE: Ukraine no longer insisting on NATO membership, says report

Russia Ukraine live news: Zelensky accused the International Red Cross of forbidding the use of its emblem on our cars, but did not give details.

Crude oil price spike likely to trigger interest in ethanol programme

According to officials, India has managed to blend almost 9.34 per cent ethanol with petrol in the first quarter of the 2021-22 supply year, which started in December

OPEC, US shale executives meet as oil prices skyrocket in Ukraine crisis

It was at least the fourth time since 2017 that US shale oil producers and OPEC officials have held such meetings to discuss energy concerns.

Australian refiners cease purchase of Russian crude oil to support Ukraine

Viva Energy joins a spate of companies limiting, putting on hold, or exiting business activities in Russia.

Nikkei hits 16-month low as oil rally sparks investor worries of slowdown

Wall Street's main indexes fell sharply overnight, with the Nasdaq Composite confirming it was in a bear market.

Oil prices hit 14-year high on Russia oil ban talks, Iran crude deal delay

Oil prices jumped on Monday to their highest levels since 2008 as US, European allies considered banning Russian oil imports while it looked less likely that Iranian oil would return to global markets

Markets to consolidate over the next three-six months: Sampath Reddy

Despite the multiple COVID waves, the earnings for FY22 have not seen any significant downgrades and are on-course to deliver about 25 per cent growth

Brent tops $130. Fuel hike on cards? Trading strategies for RIL, ONGC, OMCs

ONGC is set to gain another 12 per cent in the upcoming sessions, while other oil related stocks show weakness.

Saudi Arabia raises April crude selling prices to Asia to all-time highs

Saudi Arabia's Aramco raised April OSPs for crude it sells to Asia by over USD $2 a barrel, with some grades hitting all-time highs, as global market struggle with Russian oil disruption

ONGC surges 5%, stock nears 52-week high as crude oil soars to a 14-yr high

Sustained higher crude oil prices and gas realisations can result in better profitability for ONGC.

TMS Ep 122: Airfare hike, Richard Turrin, volatile market, bird flu

What does crude oil price rise mean for India's air travel? What is Richard Turrin's take on China's digital currency? Should you brace for more volatile market? What is bird flu? All answers here

Expensive crude oil pushing up raw material prices: Jindal Steel & Power MD

There is a need to control energy prices across the globe as rising crude oil rates, amid the Ukraine crisis, are making raw materials costlier for steel industry, said to a top industry executive

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

Asian Paints tanks 15% in 3 days, nears 52-week low on margin worries

The steep and unprecedented inflationary trend in raw material prices continued to impact the gross margins.

Sensex, Nifty surrender early gains as boiling oil plays spoilsport

A weakening rupee and persistent foreign fund outflows also weighed on sentiment, traders said

Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk

The latest Economic Survey for FY22 projected economic growth at 8-8.5 per cent assuming crude oil prices at $70-$75 per barrel

Oil prices surge to $110 a barrel as Russia's war continues against Ukraine

Oil prices kept surging on Wednesday and topped USD 110 per barrel as Russia's war continues against Ukraine, but stocks and other markets were showing less fear than a day earlier. The S&P 500 was 0.9 per cent higher in early trading, while Treasury yields jumped to recover a sliver of their steep losses from the past week. Gold receded, and a measure of nervousness among stock investors on Wall Street was holding relatively steady after swinging sharply in recent days. Markets have been spinning wildly as investors try, sometimes blindly, to gauge how large an impact two big forces will ultimately have. Most recently, Russia's invasion of Ukraine has caused prices to soar for oil and other commodities where the region is a major producer. On top of that are worries about what upcoming hikes in interest rates by the Federal Reserve and other central banks around the world will do to the economy and inflation. Fed Chair Jerome Powell said in testimony to Congress on Wednesday that

Stocks make small gains but Ukraine crisis keeps investors cautious

Oil prices surged, with Brent crude touching $113.02 - its highest since 2014 - and U.S. crude coming close to passing its 2013 peak