Page 22 - Crude Oil

Oil set for weekly loss on possible Iran supply after nuclear talks

Iran and world powers have been in talks since April on reviving the 2015 deal

Iran's President Hassan Rouhani says deal reached to remove most sanctions

Oil, banking, shipping and insurance sanctions will be lifted

Cryptocurrency crash will support rally in gold: Bhavik Patel of Tradebulls

We are bullish on gold and expect gold to test Rs 48,800- Rs 49,400 this week

Oil prices on track for near two-year high on rising demand outlooks

Brent futures rose $1.12, or 1.6 per cent, to $69.67 a barrel by 10:44 am EDT (8.14 pm IST), while US West Texas Intermediate crude rose $1.10, or 1.7 per cent, to $66.38

Oil climbs nearly 2% after eased lockdowns, travel seen rising,

Oil prices rose nearly 2% on Tuesday after more U.S. states eased lockdowns and the European Union sought to attract travellers, though soaring Covid-19 cases in India capped gains

UAE economy shrank 6.1% last year amid Covid-19 crisis: preliminary data

The United Arab Emirates' economy shrank 6.1% last year, the country's statistics centre said on Sunday citing preliminary data, as the coronavirus crisis hit several key sectors

Exxon posts $2.7 billion quarterly profit after unprecedented year

This comes after a tumultuous year led to major spending reductions.

Sorry, Saudi Aramco, Reliance Industries just isn't that into you

Reliance Industries Ltd, owner of the world's biggest oil refinery, has been dancing the quadrille with Saudi Aramco for nearly two years

Saudis in Talks to Sell Aramco Stake to Global Energy Firm

The kingdom is looking at the potential sale -- which could be worth about $19 billion, based on the company's market value -- as a way to lock in customer demand for the country's crude

Crude oil erases loss with Opec+ panel raising demand growth outlook

The deteriorating situation there could pose a problem for the Organization of Petroleum Exporting Countries and its allies, which have agreed to start adding more supply from May

India saved over Rs 30,000 cr despite rising petro product imports in FY21

Analyst expect trend to continue this fiscal

Oil falls for second day as India's Covid-19 surge to dent fuel demand

India, also the world's third-largest oil user, on Tuesday reported its worst daily death toll from Covid-19 and is facing an oxygen supply crisis to treat patients

IOC to buy Guyanese crude as India doubles up on cutting Opec dependence

According to oil ministry officials, this deal is at competitive rates and is in line with the strategy to have multiple sources of crude oil for Indian refiners

State-run refiners prepare to buy Iran oil once US sanctions ease

India has been vocal in its support for Iranian crude purchases recently as it laments the price of supplies from Saudi Arabia.

Trading strategies for gold and zinc by Tradebulls Securities

Gold has made double bottom around 44,150 and bounced back sharply

India's energy alliance with Saudi totters after years of co-operation

India is the third largest market for Saudi crude. But after a year of Covid, the latter isn't keen to let prices hover at under $80 a barrel, the break even at which its budget wipes off red stainsi

Explained: Why 'atmanirbharta' flows against oil security for India

Instead of relying on negligible domestic deposits, India should be securing steady supplies from abroad

A ship stuck in Suez

On Tuesday morning, the container ship Ever Given ran aground while navigating the Suez Canal. It swung sideways, blocking almost the entire channel. It hasn't been refloated yet

Reliance Industries-Saudi Aramco deal likely if crude oil averages $65

The deal was to conclude by March 2020 but has been delayed for reasons not disclosed by either company

Asia stocks spooked by spike in global bond yields, crude oil sell-off

Asian share markets eased as a spike in global bond yields soured sentiment toward richly priced tech stocks, while a stampede out of crowded positions in oil caused the sharpest setback in months