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Oil Prices Jump

ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut

Sustained higher crude oil prices and gas realisations can result in better profitability for upstream oil and gas companies, analysts said

ONGC, Oil India surge up to 6% as oil prices rise post OPEC+ output cut
Updated On : 03 Apr 2023 | 10:45 AM IST

Oil prices climb as dollar slips, but demand fears keep a lid on gains

Brent crude futures rose 65 cents, 0.7%, to $95.32 a barrel at 0155 GMT. The contract was on track to end the week down just 0.5%

Oil prices climb as dollar slips, but demand fears keep a lid on gains
Updated On : 04 Nov 2022 | 10:50 AM IST

Oil rises 3% on strong crude demand, outweighing slack in China fears

Brent crude rose 56 cents, or 0.6%, to $96.25 a barrel by 1057 GMT. U.S. West Texas Intermediate (WTI) crude gained 41 cents, or 0.5%, to $88.32

Oil rises 3% on strong crude demand, outweighing slack in China fears
Updated On : 27 Oct 2022 | 5:57 PM IST

Oil prices rises on weaker dollar and supply concerns; trade choppy

Benchmark Brent crude futures rose by 44 cents to $93.70 a barrel by 11:03 a.m. EDT, while U.S. West Texas Intermediate crude futures rose by 77 cents to $85.35

Oil prices rises on weaker dollar and supply concerns; trade choppy
Updated On : 25 Oct 2022 | 9:46 PM IST

Oil prices near three-week high on cuts to OPEC+ output targets

Brent crude futures gained 15 cents, or 0.2%, to $93.52 per barrel by 1340 GMT after settling 1.7% up in the previous session.

Oil prices near three-week high on cuts to OPEC+ output targets
Updated On : 06 Oct 2022 | 7:57 PM IST

Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts

U.S. crude futures rose 46 cents, or 0.6%, to $84.09 a barrel, having gained more than 5% in the previous session.

Oil prices edge up ahead of OPEC+ meeting to discuss supply cuts
Updated On : 04 Oct 2022 | 4:04 PM IST

Oil rises from 9-month low on US Gulf supply cuts, softer dollar

Crude soared in early 2022, with Brent coming close to its all-time high of $147 in March after Russia invaded Ukraine, adding to supply concerns

Oil rises from 9-month low on US Gulf supply cuts, softer dollar
Updated On : 27 Sep 2022 | 4:04 PM IST

Oil prices surge to more than $1/barrel ahead of OPEC+ supply cut prospect

Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production and support prices at a meeting later in the day

Oil prices surge to more than $1/barrel ahead of OPEC+ supply cut prospect
Updated On : 05 Sep 2022 | 8:27 AM IST

Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut

Oil prices rose more than $3 a barrel on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar

Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut
Updated On : 29 Aug 2022 | 11:29 PM IST

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis

Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis
Updated On : 27 Aug 2022 | 7:52 AM IST

Oil prices jump almost 3% as tight supply moves back into focus

Oil has soared in 2022, coming close in March to an all-time high of $147 after Russia's invasion of Ukraine exacerbated supply concerns

Oil prices jump almost 3% as tight supply moves back into focus
Updated On : 23 Aug 2022 | 8:42 PM IST

Japan trade deficit grows despite improved exports as oil prices surge

Japan's trade deficit for the first half of this year totaled nearly 8 trillion yen because of surging oil prices and a sinking yen, brought on partly by the war in Ukraine, and weaker global demand

Japan trade deficit grows despite improved exports as oil prices surge
Updated On : 21 Jul 2022 | 2:25 PM IST

Oil prices rise despite US inventory hike as China eases Covid lockdowns

Oil prices have risen backing on Chinese expectations as it unlocks cities. Even though US inventory hikes, oil prices rose parallely, possibly due to a strike by Norwegian workers.

Oil prices rise despite US inventory hike as China eases Covid lockdowns
Updated On : 08 Jun 2022 | 3:54 PM IST

Oil settles up despite OPEC-plus output hike plan; supply still tight

US crude notched a sixth weekly gain on tight U.S. supply, which has prompted talk of fuel export curbs or a windfall tax on oil and gas producers.

Oil settles up despite OPEC-plus output hike plan; supply still tight
Updated On : 04 Jun 2022 | 3:34 PM IST

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes

The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.

Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes
Updated On : 17 May 2022 | 10:07 PM IST

Oil prices rise on China's demand recovery, gasoline at an all-time high

In line with the unexpected industrial output decline, China processed 11% less crude oil in April, with daily throughout the lowest since March 2020.

Oil prices rise on China's demand recovery, gasoline at an all-time high
Updated On : 16 May 2022 | 11:08 PM IST

Most global indices are near bear territory. Will the Sensex, Nifty follow?

Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months

Most global indices are near bear territory. Will the Sensex, Nifty follow?
Updated On : 09 Mar 2022 | 2:03 AM IST

Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts

On the NSE, the Nifty50 index touched an intra-day low of 15,711 before settling at 15,863, down 382 points or 2.35 per cent

Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts
Updated On : 07 Mar 2022 | 3:53 PM IST

European stocks slip, oil passes $110, as Ukraine crisis continues

European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day

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Updated On : 02 Mar 2022 | 3:38 PM IST

European stocks slip, oil passes $110, as Ukraine crisis continues

European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day

European stocks slip, oil passes $110, as Ukraine crisis continues
Updated On : 02 Mar 2022 | 3:26 PM IST