Page 2 - Oil Prices Rise

Oil slips more than 2% on as recession fears spreads to financial markets

, LONDON (Reuters) -Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial markets, outweighing supply concerns and geopolitical tensions in Europe.

India's edible oil imports to fall for 3rd straight year on record prices

The world's biggest importer of edible oils is likely to make overseas purchases of 12.9 million tonnes in the 2021/22 marketing year ending on Oct. 31

Global equities rise despite inflation forecasts, oil price climbs

Global investor optimism lifted shares on Wednesday despite blurry inflation forecasts as bank earnings and oil supply concerns boosted trading sentiment.

Oil climbs on prospect of fresh Russia sanctions by the US and Europe

Global crude futures had settled up more than 3% on Monday on the threat of more sanctions on Russia over civilian killings in Ukraine

Oil prices hit 14-year high on Russia oil ban talks, Iran crude deal delay

Oil prices jumped on Monday to their highest levels since 2008 as US, European allies considered banning Russian oil imports while it looked less likely that Iranian oil would return to global markets

Ukraine war, oil prices may force RBI to re-think rate hike cycle: Analysts

The Budget and RBI's last policy took a conservative estimate of crude prices $75 per barrel. This is likely to be a challenge going forward, economists say

Rupee slips 15 paise to close at 75.95 to the dollar amid oil surge

At the interbank foreign exchange market, the rupee opened strong at 75.76 against the American dollar but soon entered the negative territory as investors turned towards safe-haven assets

OPEC, allies weigh oil output amid steep hikes, Russian invasion

The OPEC+ coalition of oil producers led by Saudi Arabia and non-cartel members led by Russia are weighing whether to increase oil production by 400,000 barrels per day in April

Oil's journey from worthless in the pandemic to $100 a barrel: An analysis

Benchmark Brent crude futures hit $100 a barrel on Wednesday for the first time since 2014 as Russian President Vladimir Putin ordered military operations in Ukraine

Russia-Ukraine tensions keep crude elevated; negative for net importers

Brent-indexed crude oil prices traded at $94-$95 per barrel, which is at its multi-year high

Oil retreats below $90 a barrel with bumper rally starting to ease out

Oil headed for the first weekly loss in two months as investors weighed the crisis over Ukraine and Iran's nuclear deal

Global stock markets skittled by Ukraine fears, oil scales 7-year peak

European stocks fall 2.6%, Nikkei down 2.2% as US warns Russia could invade Ukraine at any time; Brent rises above $95 barrel before stalling

Oil prices climb more than 1% to 7-year highs on supply disruption fears

Brent crude futures was at $95.65 a barrel by 0742 GMT, up $1.21, or 1.3%, after earlier hitting a peak of $96.16, the highest since October 2014

Oil soars 3% to 7-year highs on Ukraine jitters, tight supplies

Russia has massed enough troops near Ukraine to launch a major invasion, Washington said, as it urged all US citizens to leave the country within 48 hours

Oil prices rise after International Energy Agency says market tight

Brent crude futures rose 39 cents, or 0.4%, to $91.80 a barrel at 1015 GMT, while U.S. West Texas Intermediate crude gained 45 cents, or 0.5%, to $90.33 a barrel

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 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%

Markets are not fully pricing in headwinds; can fall more: Analysts

If the oil prices rise up to $105 - $110 per barrel, a 10 per cent fall in the Sensex and Nifty is possible, say analysts

Oil climbs on lower supply and post-pandemic recovery

'The market is maintaining a bullish tone on expectations that supply tightness will continue as demand is picking up, with receding fears over spreading Omicron coronavirus variant,'

Oil at seven-year high as Ukraine crisis overshadows Federal Reserve

LONDON (Reuters) - Oil traded at a seven-year high of about $90 a barrel on Thursday as the Ukraine crisis supported prices despite signs that the U.S. Federal Reserve will tighten monetary policy.