Page 44 - Crude Oil Price
Oil prices drop 2% as Covid-19 vaccine halt threatens demand
Brent was down $1.11 cents, or 1.6%, at $67.77 a barrel by 1325 GMT. U.S. crude fell $1.17, or 1.7%, at $64.22
 "Oil prices drop 2% as Covid-19 vaccine halt threatens demand")
Crude oil drops as rising stockpiles compound Covid-19 demand concerns
Brent crude was down 49 cents, or 0.7%, at $68.39 by 0433 GMT, having dropped 0.5% on Monday
 "Crude oil drops as rising stockpiles compound Covid-19 demand concerns")
Brent crude hits $70 as China energy demand outlook brightens
China's industrial output growth quickened in January-February
 "Brent crude hits $70 as China energy demand outlook brightens")
Inflation woes: Here's how experts have interpreted CPI, WPI numbers
Most experts say the numbers are worrisome and can dent the economic recovery going ahead. Here's how economists at leading brokerages and research houses have interpreted the numbers
 "Inflation woes: Here's how experts have interpreted CPI, WPI numbers")
Brent crude heads toward $70 as China energy demand outlook brightens
China's industrial output growth quickened in January-February, beating expectations, while its daily refinery throughput data rose 15% from the same period a year ago, data showed
Oil settles near $70 a barrel on hopes of recovering demand in second half
Benchmark Brent settled down 41 cents, or 0.6%, to $69.22 a barrel. U.S. West Texas Intermediate crude also ended down 41 cents to $65.61 a barrel.
 "Oil settles near $70 a barrel on hopes of recovering demand in second half")
Royal Dutch Shell's oil trading earnings double in 2020 to $2.6 billion
Shell's oil trading operations, known internally as Trading & Supply, accounted for 43% of the Oil Products division's total earnings of $5.995 billion in 2020
 "Royal Dutch Shell's oil trading earnings double in 2020 to $2.6 billion")
It's time Gulf Arab States look away from Oil and find new revenue sources
We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options
 "It's time Gulf Arab States look away from Oil and find new revenue sources")
Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47
In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27
 "Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47")
Crude oil prices rise on economic outlook, drawdown in fuel stocks
Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92
 "Crude oil prices rise on economic outlook, drawdown in fuel stocks")
Oil ticks up on global economic outlook, plummeting US fuel inventories
NEW YORK (Reuters) - Oil prices rose on Wednesday on an upbeat forecast for global economic recovery and as U.S. gasoline inventories plummeted, but prices were limited due to a surge in crude oil inventories in the aftermath of last month's Texas winter storm.
Demand-driven rise in crude oil prices is good for equity markets: Analysts
From around $35 a barrel on March 13, 2020, Brent oil prices have jumped 91 per cent to around $67 a barrel now
 "Demand-driven rise in crude oil prices is good for equity markets: Analysts")
Oil rises on OPEC+ supply restraint and brighter economic forecast
Brent crude rose 34 cents, or 0.5%, to $67.86 a barrel by 1310 GMT and U.S. West Texas Intermediate crude rose 51 cents, or 0.8%, to $64.52
Oil price slips below $68 as rally fizzles out before US supply report
Oil fell to around $68 a barrel on Tuesday, pressured as concerns faded of a supply disruption in Saudi, which countered a pause in dollar's rally and prospects for tighter supply due to OPEC+ curbs
Oil slips to $68 as rally fizzles out before US supply report
NEW YORK (Reuters) - Oil fell to around $68 a barrel on Tuesday in a choppy session, as easing concerns of a supply disruption in Saudi Arabia and U.S. dollar strength countered the prospects for tighter supply due to OPEC+ output curbs.
Saudi oil hawkishness speeds Indian plan to seek alternatives
India would prefer an oil price in the $50 to $60 a barrel range, says HPCL chairman Mukesh Kumar Surana
 "Saudi oil hawkishness speeds Indian plan to seek alternatives")
Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%
The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively
 "Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%")
Oil nearing $70 worries consumer nations, may hamper economic recovery
Consuming nations will bear the cost of pricier energy, potentially fanning inflation and hurting their recoveries
 "Oil nearing $70 worries consumer nations, may hamper economic recovery")
Stock markets eke out gains amid bond yield, crude oil price concerns
Market sentiment tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears
 "Stock markets eke out gains amid bond yield, crude oil price concerns")
Rupee slumps by 23 paise on strong dollar, high crude prices
The Rupee extended its losses for the third session in a row
 "Rupee slumps by 23 paise on strong dollar, high crude prices")
