Page 61 - Crude Oil Price

The oil crash

Govt should seize the opportunity to improve its finances

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more

Here's a selection of Business Standard Opinion pieces for the day.

Oil plunges 25%, hit by erupting Saudi Arabia-Russia oil price war

A nearly 25% slump in oil prices triggered panic-selling and heavy losses on Wall Street's main stock indexes as the rapid spread of coronavirus amplified fears of a global recession

Crude oil down 30% as Saudi, Russia fail to reach deal over supply cuts

On Monday, Saudi Arabia reduced oil prices and offered to increase production, triggering a price war among oil-producing countries

3 reasons why the fall in crude oil prices may not be good news for India

The fall in oil prices comes at a time when the global economy is already reeling under the impact of coronavirus, which has dented demand across sectors and economies

BPCL stake sale may get delayed over falling oil prices, market crash

As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too

Investors lose nearly Rs 7 trn in market turmoil over coronavirus, oil rout

The carnage in the equity market wiped out investor wealth worth Rs 6,84,277.65 crore, taking the total m-cap to Rs 1,37,46,946.76 crore on the BSE at the end of Monday's trading session.

Crude oil plunges 30% to $30 a barrel; $20 possible going ahead: Analysts

The failure of the Vienna talks added to increasing investor nervousness over the coronavirus epidemic that has dampened oil demand

'Crazy' Saudi oil price cuts seen reigniting market share war with Russia

Deal between Russia and OPEC shook on Friday when OPEC, led by Saudi Arabia, failed to reach agreement with the world's No. 2 oil producer Russia to deepen production cuts aimed at shoring up prices.

Oil plunges to lowest since 2017 after Russia rejects steep OPEC cut

An OPEC+ delegate said there were "positive signs" after a separate, earlier OPEC+ meeting had finished.

Oil rises more than 1% on smaller-than-expected rise in crude stocks

Brent crude rose by 78 cents, or 1.5%, to $51.91 per barrel by 0202 GMT

Virus scare: Oil lower despite Fed rate cut and hopes for OPEC+ output cut

Brent crude lost 17 cents to trade at $51.73 a barrel by 1:28 p.m. EST (1628 GMT). U.S. crude traded 1 cent lower at $46.74 a barrel

Crude oil prices likely to face resistance at $58/bbl on coronavirus fears

The OPEC+ nations have agreed to cut crude oil production by further 0.6 mbpd

Coronavirus: Oil nears one-month high on supply threats, easing demand woes

Brent crude futures were up 7 cents at $59.19 a barrel by 0939 GMT, after climbing to as high as $59.71 earlier in the day

Oil drops to 13-month low on weak Chinese demand amid coronavirus outbreak

Oil has dropped more than 25% from a peak in January with US crude back below $50 a barrel after the spreading virus hit demand in China

Oil prices hit 13-month low as coronavirus outbreak rattles market

As the coronavirus outbreak hits fuel demand in China, the world's biggest crude oil importer, refiner Sinopec Corp told its facilities to cut throughput this month by about 600,000 barrels per day

Crude oil prices fall as coronavirus death toll climbs, US inventories grow

WHO's Emergency Committee is set for another meeting later on Thursday to reconsider whether the rapid spread of the virus should now be called a global emergency.

Coronavirus from China could hurt oil prices by $3 per barrel: Goldman

The outbreak began in the central Chinese city of Wuhan in Hubei and has spread to the rest of the country, with 440 confirmed cases and nine deaths so far

India's broader market more vulnerable than ever to a spike in crude prices

Index movement and the weighting are calculated on free-float market capitalisation of individual index stocks. Free float is the portion of the shares owned by non-promoters

US-Iran tensions send oil prices soaring, rupee may have a tough year ahead

Analysts expect the renewed geopolitical worries to remain for a couple of days, lending support to the crude oil price and taking a toll on emerging market currencies, including the rupee