Page 2 - Oil Price Rise

Indian economy progressing well; high oil prices pose risks: Ashima Goyal

India's economic recovery from Covid is progressing well and the trajectory will continue but persistently high oil prices can play spoilsport, economist Ashima Goyal said

Indonesia to India: How oil's surge is impacting Asia stock markets

The historic surge in oil is reshaping the outlook for Asian equity and currency markets, as the specter of prolonged high prices exposes the vulnerability of energy-dependent countries

Oil shock is coming, but US may have already paid for it: Report

The gusher of money the US government poured into family bank accounts during the coronavirus pandemic may now help limit the economic damage from Russia's invasion of Ukraine

A Rs 12 hike in petrol, diesel price needed to break-even: ICICI Securities

Crude oil prices shot above USD 120 a barrel for the first time in nine years on Thursday before retreating a little to USD 111 on Friday, but the gulf between cost and retail rates has only widened

India to raise fuel prices from next week amid concern over inflation

State oil companies have told the government that they need a price increase of 10-12 rupees per litre for petrol and diesel, an official said

Brent soars to $119, highest since May 2012, as US sanctions target Russia

The gains followed the latest round of US sanctions on Russia's oil refining sector that raised concerns that Russian oil and gas exports could be targeted next

Indian trade, current account deficit seen widening, rupee under pressure

India's trade deficit widened sharply to $21.19 billion in February compared to $17.94 billion the previous month, preliminary data shows

Explained: Why $100 oil could hurt the energy transition more than it helps

When fossil fuel prices rise, consumers start to take electric vehicles and clean energy alternatives more seriously - not just for their environmental benefits but in hopes of eventually saving cash

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers

India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4

Oil soars to $113 as Russian supply disruptions increase amid sanctions

Brent crude futures rose by more than $8, touching a peak of $113.02 a barrel, the highest since June 2014, before easing to $111.53, up by $6.56 or 6.3% by 0950 GMT

Oil prices jump as Russia-Ukraine conflict stokes supply concerns

Russia, which calls its actions in Ukraine a "special operation", exports some 4 million to 5 million barrels per day of crude oil, and 2 million to 3 million barrels per day of refined products

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells

Brent crude rose $2.81, or 2.8%, to $101.89 a barrel at 0738 GMT on Friday, after climbing to as high as $101.99

Indian bond yields rise, rupee falls as Ukraine tensions escalate

India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close

Ukraine war fears pummel global stocks, lift oil to seven-year high

The broader Euro STOXX 600 fell as much as 1.9% to a seven-month low before clawing back some of its losses

Explained: Why are crude oil prices high, and any relief in sight?

Anyone who's bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the US economy.

TMS Ep88: Paytm, Sanjeev Krishan, oil price rise, 'right to repair'

Is all well with fintech giant Paytm? How does PwC's Sanjeev Krishan view Indian CEOs' sentiment on growth? Is oil price rise a cause for worry yet? What is 'right to repair'? All answers here

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

Oil rises on 2022 demand optimism as OPEC+ to agree to output hike

Oil settled higher on Monday on hopes of further demand recovery in 2022, despite OPEC+ looking set to agree to another output increase

Oil rises as fuel demand holds up despite surge in Omicron cases

Oil prices rose to extend several consecutive days of gains, buoyed by data showing US fuel demand holding up well despite soaring Omicron cases

Oil prices sit tight, tracking biggest weekly gain since late August

Oil prices drifted in a narrow range on Friday, on track to their biggest weekly gain since late August