Page 11 - Crude Oil Prices

India to release 5 mn barrels of crude from reserves in bid to cool prices

This coordinated release of crude oil from strategic reserves will be the first of its kind globally

Oil prices steady after falling on signs US may release more reserves

Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States

Oil prices rise to three-year high on back of supply deficit forecasts

Brent crude futures settled up 86 cents, or 1%, at $84.86 a barrel

Oil climbs on switch from gas and doubts over US releasing reserves

Analysts said the surge in gas prices and the extent of fuel switching from gas to oil will be the key factor to watch now

Class 8 truck order decline may impact near-term outlook for Bharat Forge

Brokerages are positive on prospects given strong outlook for oil and gas segment and recovery in domestic CV business

Petrol, diesel prices rise again amid volatility in global oil market

In Mumbai, the petrol price increased by 21 paisa per litre to Rs 107.99 per litre, while diesel rates rose to about Rs 97.80 a litre

Sensex swings 1,200 points on inflation fears; Bharti Airtel falls over 3%

Analysts said investors were booking profits in IT stocks after they gave good returns this year

Oil prices drop after OPEC+ reaffirms supply return as demand wavers

Oil prices fell after OPEC+ agreed to keep its policy of gradually returning supply to the market at a time when coronavirus cases around the world are surging and many US refiners remained offline

OPEC+ sees tighter oil market until May 2022; Group set to meet today

OPEC+ expects the oil market to be in deficit at least until the end of 2021 and stocks to stay relatively low until May 2022, OPEC+ sources said

Transparent pricing

Govt should explain the fuel tax rationale

Petrol, diesel prices unchanged for three weeks: Check details here

Despite the price of crude oil tempering, petrol and diesel are sold at record high levels across the country

Oil prices fall more than 1% after OPEC+ agrees to boost supply

Brent crude was down $1, or 1.4%, at $72.59 a barrel by 0037 GMT, after falling nearly 3% last week

Oil prices slip as drop in Chinese crude imports rings alarms on demand

Oil prices fell on future demand concerns after data showed that China's first-half crude imports dropped, but were still holding near a one-week high

From households to FMCG companies, commodity inflation bites hard

The higher prices of widely used raw materials such as edible oils, pulses, television panels, and chipsets are burdening household budgets and threatening the margins of leading manufacturers

Oil prices rise for the second straight day as US inventories decline

US West Texas Intermediate futures were up $1.41, or 1.9 per cent, at $74.35.

Why PM's goal on raising oil and gas production will be unattained in 2022

Modi aimed at lowering it by at least 10 per cent by 2022 - to coincide with the platinum jubilee of India's independence

Oil prices climb with Opec+ signalling more gradual supply hike

Futures in New York rose as much as 3.7 per cent on Thursday to the highest intraday level since 2018

ONGC's improved earnings outlook for 12-18 months to support deleveraging

The rating agency has revised Brent crude oil price expectations for the rest of 2021 to $65 per barrel from $60 per barrel earlier

Oil resumes climb as US crude inventories fall more than expected

Oil prices rose after data showed US crude inventories fell more than expected, reinforcing views of a tightening supply-demand balance with road and air travel picking up in Europe and North America

Oil price falls but sentiment stays strong on demand recovery hopes

Brent crude futures for August eased 10 cents, or 0.1%, to $74.80 a barrel by 0110 GMT, while US West Texas Intermediate (WTI) crude for July was at $73.44 a barrel, down 22 cents, or 0.3%