Page 7 - Oil And Gas

Rising oil and gas prices can lead to greater gains in ONGC stock

Demand and pricing environment remains positive; any reversal in energy prices could hurt sentiment

Saudi Arabia transfers 4% of oil giant Aramco to investment fund

The announcement on state media comes as the oil firm is valued just under $2 trillion.

Oil prices steady amid prospects of aggressive Fed interest rate hike

After U.S. inflation data came in on Thursday at its hottest in 40 years, St. Louis Federal Reserve Bank President James Bullard said he wanted a full percentage point of interest rate hikes by July 1

Oil up as US inventories fall to lowest since Oct 2018 but Iran talks weigh

Brent crude futures rose 65 cents, or 0.7%, to $92.20 a barrel at 1140 GMT, while U.S. West Texas Intermediate crude was at $90.64 a barrel, up 98 cents, or 1.1%

Oil prices drop on potential for US-Iran talks to add crude supplies

Investors are closely watching the outcome of U.S.-Iran nuclear talks which resumed this week. A deal could lift U.S. sanctions on Iranian oil and ease global supply tightness

India's fuel demand reined in by Covid-19 restrictions in January

Fuel consumption in the world's third biggest oil consumer, a proxy for oil demand, totalled 17.61 million tonnes, down 3.7% from December

Oil prices stable at $90/Bbl, Iran supply prospects add pressure

Brent crude futures edged down 36 cents, or 0.4%, to $90.42 a barrel by 1150 GMT

Oil prices climb after API data shows surprise drop in US stocks

Brent crude futures rose 41 cents, or 0.5%, to $91.19 a barrel by 0422 GMT, while U.S. West Texas Intermediate crude was at $89.74 a barrel, up 38 cents, or 0.4%

Oil prices nudge up after API data shows surprise drop in US stocks

Brent crude futures rose 23 cents, or 0.3%, to $91.01 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $89.47 a barrel, up 11 cents, or 0.1%.

Can investors benefit from Brent crude rally?

Brent crude prices have been on a rally since January, rising about 20% so far. This has pulled back equities from their recent highs as oil price rise. Find out if investors can benefit from this

Reliance Industries seeks minimum $14 for gas from CBM block

Brent crude oil is currently trading above US 92.5 per barrel and at this price, the floor rate for Reliance gas comes to USD 13 per mmBtu

Oil and gas will keep meeting India's 'baseload' energy demand: Oil min

India has set a goal to achieve net zero carbon emissions by 2070

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

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 posts biggest monthly gain in a year on tight supply, Ukraine tensions

The most-active Brent contract, for April delivery, traded 74 cents higher, or 0.8%, to settle at $89.26 per barrel.

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

Prices had surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tensions between Russia and the West.

Oil breaks $90/bbl for the first time since 2014 on Russia tensions

U.S. Secretary of State Tony Blinken said the United States will make sure global energy supplies are not interrupted if Russia takes action

Oil rallies toward $89 with focus on stockpile draw, Russia-Ukraine tension

In another key development, the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, meets on Feb. 2 to consider another output increase.

Oil rises on concerns global political risks could tighten supplies

Brent futures rose $1.93, or 2.2%, to settle at $88.20 a barrel

December crude oil imports at one-year peak amid strong demand prospects

Asia's third-biggest economy imports and exports refined fuels as it holds surplus refining capacity