Page 35 - Crude Oil

How Opec and its allies seek 'nirvana of balance' with reduced oil output

The market will now get to deliver its verdict on whether OPEC has once again baked a magic pudding that will allow crude prices to rise, but not so high that demand is threatened

Amid volatile oil prices, drilling companies look to just breaking even

Rigs rates falling to one-third, poor contract offtake drags drilling business

Saudi Arabia, Russia meet for talks a day before critical Opec summit

The stakes are high after prices suffered their largest monthly drop since the global financial crisis in November, and politicians including Donald Trump call on OPEC to keep energy prices in check

As Opec-Russia meet in Vienna this week, here are some possible outcomes

They have the broad outlines of a deal after Russia and Saudi Arabia agreed over the weekend to extend their cooperation into 2019, but details are lacking

Limited impact of Qatar's withdrawal from Opec, say analysts

While Qatar is one of Opec's smallest oil producers, when compared to the likes of the cartel's de facto leader Saudi Arabia, it is one of the world's largest producers of liquefied natural gas (LNG)

Qatar to exit Opec in Jan 2019 to expand its role internationally: Minister

The decision to withdraw from OPEC came after Qatar reviewed ways plan its long-term strategy

Oil rises by 4% on news of US-China trade truce ahead of Opec meeting

US West Texas Intermediate (WTI) crude futures were at $53 per barrel at 0125 GMT, up $2.07 per barrel, or 4.1 per cent from their last close

Investors play it safe on crude ahead of make-or-break week for oil markets

Oil spiraled to its worst monthly loss in a decade in November, beset by worries about a looming global supply glut

Crude oil speculative positions rise sharply following price fall

While the commodity has fallen significantly in the short term, reports of slowing global growth and likelihood of Opec cutting output in its December 6 meet aren't allowing recovery

Even $1 rise in crude can inflate import bill by Rs 61.6 bn: India Ratings

According to the ratings agency, if the organisation of the petroleum exporting countries (Opec) and its allies decide to hold their supply, oil prices are likely to rebound

US oil prices fall by over 1 per cent amid bleak economic outlook

US West Texas Intermediate (WTI) crude futures, were at $53.83 per barrel at 0029 GMT, 80 cents, or 1.5 per cent below their last settlement

Investors flee oil in droves over stock rout, doubts on OPEC's commitment

Since hitting a four-year high in early October, crude prices have now crashed about 30 percent

India's crude oil import jumps 10.5% in Oct, hits highest level in 7 years

Imports rose as many refiners resumed purchases after maintenance of units

Crude oil futures up 0.52 per cent to Rs 4,091 on firm trend overseas

Analysts said rise in crude oil futures was largely in tandem with prices rising in global market

Why global funds are once again warming up to India's sovereign bonds

Overseas holdings have risen Rs 80.1 billion ($1.1 billion) in the previous three weeks, data from the Clearing Corporation of India Ltd. show

Oil prices fall below $70 a barrel as US crude enters 'bear market'

Oil prices are being hit by the double whammy of rising supplies and demand concerns

Oil prices dip on worries of economic slowdown, Iran sanctions, trade war

Analysts said expectations of an economic slowdown in coming months was outweighing supply-side risks to crude markets

As drilling spreads, Africa sees benefit from recovery in crude oil prices

The rigs are returning and wildcatters are getting excited again after a years-long hiatus during the oil-price slump

India may continue buying crude oil from Iran and evade US sanctions

India close to winning US sanction waiver on Iran oil

Despite crude's recovery, oil majors observe retraint from lavish spending

That slump appears to be over after crude's recent gains amid supply threats across the globe