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Page 10 - Crude Oil Prices

Oil hits 7-yr highs as market fears Russian attack on Ukraine imminent

Russia is one of the world's largest oil and gas producers, and fears that it could invade Ukraine have driven the rally in oil closer to $100 per barrel

Oil hits 7-yr highs as market fears Russian attack on Ukraine imminent
Updated On : 15 Feb 2022 | 6:41 AM IST

Oil prices clamber towards 7-year highs on Russia-Ukraine tensions

Comments from the United States about an imminent attack by Russia on Ukraine have rattled global financial markets.

Oil prices clamber towards 7-year highs on Russia-Ukraine tensions
Updated On : 14 Feb 2022 | 7:31 AM IST

Sensex can hit 100,000 mark in five years, believes Chris Wood

A similar view was shared by Raamdeo Agrawal, co-founder and joint managing director, Motilal Oswal Financial Services, who suggested that Indian equity markets were on the cusp of a major bull-run

Sensex can hit 100,000 mark in five years, believes Chris Wood
Updated On : 05 Feb 2022 | 1:21 AM IST

US oil prices bust through $90/bbl for first time since 2014

Analysts attributed the rally to growing concerns that extended cold weather could hit production in Texas, exacerbating the tightness in world crude markets

US oil prices bust through $90/bbl for first time since 2014
Updated On : 04 Feb 2022 | 6:39 AM IST

Oil prices take a breather as OPEC+ sticks to moderate output plans

Brent crude fell 37 cents, or 0.4%, to $89.10 a barrel by 0127 GMT, after rising 31 cents on Wednesday

Oil prices take a breather as OPEC+ sticks to moderate output plans
Updated On : 03 Feb 2022 | 11:16 AM IST

Oil edges higher as OPEC+ keeps to steady supply bump, US stockpiles draw

Brent crude ended settling up 31 cents to $89.47 a barrel, while U.S. West Texas Intermediate crude gained 6 cents to $88.26 a barrel.

Oil edges higher as OPEC+ keeps to steady supply bump, US stockpiles draw
Updated On : 03 Feb 2022 | 6:32 AM IST

Oil falls from seven-year high as Russia tensions offset Fed tightening

Global benchmark Brent fell 62 cents to settle at $89.34 a barrel, while U.S. crude closed 74 cents lower at $86.61 a barrel in a volatile session

Oil falls from seven-year high as Russia tensions offset Fed tightening
Updated On : 28 Jan 2022 | 8:28 AM IST

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts

Though analysts believe diplomatic efforts will continue leading to a stabilisation and an eventual easing of these tensions, it may take several months for this to happen

Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts
Updated On : 28 Jan 2022 | 12:51 AM IST

India's high foreign exchange reserves not enough to shield rupee

A sharp rise in oil import bill has led to a big decline in forex reserves to imports in FY22

India's high foreign exchange reserves not enough to shield rupee
Updated On : 28 Jan 2022 | 6:02 AM IST

Indices slump 2.6% as sell-off deepens; metal, realty top losers

Concerns over Fed rate hike, Ukraine add to investor woes

Indices slump 2.6% as sell-off deepens; metal, realty top losers
Updated On : 25 Jan 2022 | 12:40 AM IST

China's crude oil imports for 2021 post first annual drop in 20 years

The drop compares with an average annual import growth rate of nearly 10% since 2015

China's crude oil imports for 2021 post first annual drop in 20 years
Updated On : 14 Jan 2022 | 10:23 AM IST

Rupee rises for fifth straight day, ends 5 paise up at 75.54 against USD

Lower crude prices in the international market and a subdued dollar overseas also supported the local unit, forex dealers said

Rupee rises for fifth straight day, ends 5 paise up at 75.54 against USD
Updated On : 22 Dec 2021 | 5:24 PM IST

Crude oil prices can hit $100 a barrel in 2022, say analysts

Crude oil market, according to Goldman Sachs, is pricing in a far larger demand hit than during Delta - equivalent to no planes flying for the next three months

Crude oil prices can hit $100 a barrel in 2022, say analysts
Updated On : 21 Dec 2021 | 11:33 PM IST

Crude oil prices climb but worries over Omicron variant linger

Brent crude futures increased by 29 cents, or 0.4%, to $71.81 a barrel by 0753 GMT

Crude oil prices climb but worries over Omicron variant linger
Updated On : 21 Dec 2021 | 2:26 PM IST

Oil prices retreat on bets that crude supply growth will exceed demand

Oil prices fell on Wednesday for a third day on growing expectations that supply growth will outpace demand growth next year

Oil prices retreat on bets that crude supply growth will exceed demand
Updated On : 15 Dec 2021 | 8:41 AM IST

Oil prices rise on growing expectations OPEC+ will hold off output hike

Brent crude futures climbed 82 cents, or 1.1%, to $74.26 a barrel, after gaining 1% on Monday

Oil prices rise on growing expectations OPEC+ will hold off output hike
Updated On : 30 Nov 2021 | 8:16 AM IST

US stock futures, oil regains some ground after uncertainty over Omicron

Asian markets regained a little composure on Monday as investors settled in for a few weeks of uncertainty on whether the Omicron variant

US stock futures, oil regains some ground after uncertainty over Omicron
Updated On : 29 Nov 2021 | 8:05 AM IST

Oil prices slip over 1% amid concerns over global supply surplus in Q1

Oil prices slid more than 1% on Friday on concerns that a global supply surplus could swell in the first quarter

Oil prices slip over 1% amid concerns over global supply surplus in Q1
Updated On : 26 Nov 2021 | 9:35 AM IST

SPR release may only have a $2 impact on crude price, say experts

There'll be no gain in the long term since US stocks have to be replenished next year

SPR release may only have a $2 impact on crude price, say experts
Updated On : 26 Nov 2021 | 6:04 AM IST

US to sell 32 mn barrels of crude from 4 sites as part of strategic sale

Companies are required to submit bids on Dec. 6 and contracts will be awarded no later than Dec. 14

US to sell 32 mn barrels of crude from 4 sites as part of strategic sale
Updated On : 25 Nov 2021 | 4:19 PM IST