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Page 3 - Oil Prcies

Oil falls 4% to below $100 per barrel on worsening China demand outlook

Brent crude for June delivery was down $3.93, or 3.8 per cent, at $98.85 a barrel by 1130 GMT

Oil falls 4% to below $100 per barrel on worsening China demand outlook
Updated On : 11 Apr 2022 | 11:12 PM IST

'India's import of Russia oil less than 1% of total; share from US to rise'

In the financial year 2020-21 (April 2020 to March 2021), India imported 14 million tonnes of crude from the United States, representing 7.3 per cent of total imports

'India's import of Russia oil less than 1% of total; share from US to rise'
Updated On : 22 Mar 2022 | 12:26 AM IST

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply

Oil prices climbed about 3% on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels a day (bpd) of Russian crude and refined products from April.

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply
Updated On : 17 Mar 2022 | 2:10 PM IST

US ban on Russia oil may leave more cargoes at sea with no buyers: Analysts

US ban on Russian oil imports is likely to leave more cargoes at sea with no buyers, and the EU's decision to continue imports was unlikely to make much difference to disarray in Russian oil trade

US ban on Russia oil may leave more cargoes at sea with no buyers: Analysts
Updated On : 09 Mar 2022 | 8:23 AM IST

Global shares fall, oil rises in volatile trading post Russia oil ban by US

Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine

Global shares fall, oil rises in volatile trading post Russia oil ban by US
Updated On : 09 Mar 2022 | 7:38 AM IST

No decision made on ban of Russia oil imports: US amid rising energy prices

Amid concerns about rising energy prices over the Russia-Ukraine situation, the United States has said no decision has been made by the Biden administration about a ban on importing oil from Russia

No decision made on ban of Russia oil imports: US amid rising energy prices
Updated On : 08 Mar 2022 | 7:24 AM IST

Brazil govt appoints Rodolfo Landim as chairman of Petrobras board

Brazil's government has appointed former Petrobras executive Rodolfo Landim to chair the state-controlled oil producer's board, the company said in a filing on Saturday night

Brazil govt appoints Rodolfo Landim as chairman of Petrobras board
Updated On : 06 Mar 2022 | 9:40 AM IST

Oil rebounds as escalating Ukraine conflict raises supply concerns

Global stocks fell and oil prices rose on signs of an escalation in the Russia-Ukraine conflict after reports of a fire at a Ukrainian nuclear power plant after an attack by Russian troops

Oil rebounds as escalating Ukraine conflict raises supply concerns
Updated On : 04 Mar 2022 | 2:18 PM IST

Euro testing support as Russia-Ukraine crisis looms large over growth

The euro was under pressure on Wednesday as intensifying Russian bombardment of Ukraine's cities and a surging oil price raised investor concerns about a hit to Europe's economy and growth

Euro testing support as Russia-Ukraine crisis looms large over growth
Updated On : 02 Mar 2022 | 8:05 AM IST

BPCL seeks extra Gulf oil, fearing Russian supply hit: Report

BPCL, India's second-biggest state refiner, on an average buys two million barrels of Russian Urals every month on a delivered basis

BPCL seeks extra Gulf oil, fearing Russian supply hit: Report
Updated On : 02 Mar 2022 | 1:54 AM IST

Oil prices take breather as Russia advances further on Ukraine

U.S. West Texas Intermediate (WTI) crude were down 30 cents, or 0.3%, to $92.51 a barrel, after hitting a session high of $95.64

Oil prices take breather as Russia advances further on Ukraine
Updated On : 25 Feb 2022 | 6:46 PM IST

Oil prices rise as tight market looks to Russian-Western diplomacy

Brent crude futures rose 25 cents, or 0.3%, to $93.79 a barrel at 1000 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 35 cents, or 0.4%, to $91.42 a barrel

Oil prices rise as tight market looks to Russian-Western diplomacy
Updated On : 21 Feb 2022 | 4:09 PM IST

Oil extends losses as heads for weekly fall on Iranian oil hopes

There is little chance of Iranian crude returning to the market in the immediate future to ease current supply tightness, analysts said

Oil extends losses as heads for weekly fall on Iranian oil hopes
Updated On : 19 Feb 2022 | 7:34 AM IST

Brent crude drops 2% to $91.14 per barrel on Iranian oil hopes

Brent crude futures fell $1.83, or 1.9%, to $91.14 a barrel by 1425 GMT, extending a 1.9% drop from the previous session

Brent crude drops 2% to $91.14 per barrel on Iranian oil hopes
Updated On : 18 Feb 2022 | 9:00 PM IST

Oil slides after France and Iran say closer to an agreement on nuclear deal

'Positive news from the U.S.-Iran nuclear negotiations is providing much-needed relief to global oil prices, as the possibility of new crude supplies reduces the supply-demand deficit,'

Oil slides after France and Iran say closer to an agreement on nuclear deal
Updated On : 17 Feb 2022 | 9:24 AM IST

Oil eases on profit-taking, Russia-Ukraine conflict remains key focus

Brent crude futures were at $95.60 a barrel by 0747 GMT, down 88 cents, or 0.9%, after rising $2.04 on Monday

Oil eases on profit-taking, Russia-Ukraine conflict remains key focus
Updated On : 15 Feb 2022 | 2:19 PM IST

Monday Mayhem: Ukraine-Russia tension, oil prices send Sensex 1700 pts down

The Nifty index is now below its 200-DMA level and is near the support zone of 16,800. Severe corrections may happen if it slips below this level

Monday Mayhem: Ukraine-Russia tension, oil prices send Sensex 1700 pts down
Updated On : 14 Feb 2022 | 3:59 PM IST

Oil slips from record seven-year high ahead of indirect US-Iran talks

Ahead of the resumption of indirect talks between the United States and Iran on Tuesday, oil prices eased

Oil slips from record seven-year high ahead of indirect US-Iran talks
Updated On : 09 Feb 2022 | 12:42 AM IST

Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move

Tight global supplies and geopolitical tensions in Eastern Europe and the Middle East have boosted oil prices by about 15% so far this year

Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move
Updated On : 02 Feb 2022 | 2:02 PM IST

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 posts biggest monthly gain in a year on tight supply, Ukraine tensions
Updated On : 01 Feb 2022 | 6:36 AM IST