Oil Price
War in Ukraine: How one year of conflict changed geopolitics and economics
Friday marks the one-year anniversary of the Russia-Ukraine war, have a look at how the conflict that nobody believed would last this long changed the world
 "War in Ukraine: How one year of conflict changed geopolitics and economics")
Oil prices set to end turbulent 2022 with second straight annual gain
Crude surged in March with global benchmark Brent reaching $139.13 a barrel, the highest since 2008, after Russia's invasion of Ukraine sparked supply concerns
 "Oil prices set to end turbulent 2022 with second straight annual gain")
Oil rises in thin trade on concerns over winter storm impact across US
Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up 85 cents, or 1.1%
 "Oil rises in thin trade on concerns over winter storm impact across US")
European sanctions on Russian oil lead to a traffic jam on Turkey's coast
The government in Ankara is insisting the ships have a letter from their insurer guaranteeing cover while in Turkish waters -- something that's yet to happen
 "European sanctions on Russian oil lead to a traffic jam on Turkey's coast")
Proposed G7 oil price cap to have little immediate impact on Russia
G7's proposed price cap of $65-$70 a barrel on Russian oil would have little immediate impact on Moscow's revenues
 "Proposed G7 oil price cap to have little immediate impact on Russia")
Opec raises long-term oil demand view, calls for $12.1 trillion investment
"Oil is expected to remain the number one fuel in the global primary energy mix," the report said
 "Opec raises long-term oil demand view, calls for $12.1 trillion investment")
Africa shows how hard it's becoming to pump crude oil: Report
Crude production in western Africa has fallen by one-third since 2010 and is expected to drop again this year
 "Africa shows how hard it's becoming to pump crude oil: Report")
Oil prices dip amid recession fears, weak demand but supply cuts support
Brent crude futures were down $1.49, or 1.6%, at $93.08 a barrel at 1330 GMT while U.S. West Texas Intermediate (WTI) crude futures fell $1.64, or 1.8%, to $87.47.
 "Oil prices dip amid recession fears, weak demand but supply cuts support")
OPEC+ production cut ahead of winter puts India on a slippery slope
A higher than expected production cut by the group will add to the strain on government finances
 "OPEC+ production cut ahead of winter puts India on a slippery slope")
Rupee inches up, likely delay in bond index inclusion caps gains
Reuters on Tuesday reported local govt bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues
 "Rupee inches up, likely delay in bond index inclusion caps gains")
Oil price edges up from 7-month low as Russia threatens export halt
Prices drew some support from Russian President Vladimir Putin's threat to halt oil and gas exports if price caps are imposed by European buyers
 "Oil price edges up from 7-month low as Russia threatens export halt")
India to tell US that Russia oil price cap needs broader consensus: Report
The South Asian nation, which has emerged as one of the biggest buyers of Russian oil since the invasion of Ukraine, is hesitant to join the plan unless a consensus is reached with all buyers
 "India to tell US that Russia oil price cap needs broader consensus: Report")
Sensex hits 60k mark after 4 months amid oil slump, revival of FPI inflows
Level last seen on Apr 5; indices up 17% since June 17 lows
 "Sensex hits 60k mark after 4 months amid oil slump, revival of FPI inflows")
Rupee falls to a fresh low, just 40 paise away from 80 per dollar
The rupee settled at 79.60 per US dollar, as against 79.44 per US dollar at its previous close
 "Rupee falls to a fresh low, just 40 paise away from 80 per dollar")
Edible oil prices will soften by Rs 15/litre in a few weeks: Industry
Decision arrived at today during a meeting between industry players & officials
 "Edible oil prices will soften by Rs 15/litre in a few weeks: Industry")
Sensex rises 443 pts; Nifty rebounds nearly 1% as auto, IT shares advance
Experts said a fall in oil prices and other key commodities are a silver lining in the domestic market
 "Sensex rises 443 pts; Nifty rebounds nearly 1% as auto, IT shares advance")
In no hurry to add to India position; buy only on a dip: Chris Wood
Given the macro headwinds - the need to tighten monetary policy combined with the risk of a much higher oil price, are the key reasons Wood has been in no hurry to add to the 'overweight' position
 "In no hurry to add to India position; buy only on a dip: Chris Wood")
India's Russian oil import 'minuscule', must not be politicised: Govt
Country's energy needs are enormous, says oil ministry in statement.
 "India's Russian oil import 'minuscule', must not be politicised: Govt")
Oil climbs higher but takes a breather in tight range; Brent rises 55 cents
U.S. West Texas Intermediate (WTI) crude futures gained 41 cents, or 0.4 per cent, to 102.60 a barrel, adding to a 19 cent gain in the previous session.
 "Oil climbs higher but takes a breather in tight range; Brent rises 55 cents")
Oil prices rebound after sharp losses as supply concerns dominate
Brent crude futures rose 66 cents, or 0.6%, to $107.91 a barrel by 0623 GMT while the front-month WTI crude futures contract, which expires on Wednesday, rose 46 cents, or 0.5%, to $103.02 a barrel
