Page 2 - Oil Stocks
World Bank welcomes India's move of selling oil from its stockpiles
World Bank President David Malpass has welcomed India's move to begin selling oil from its stockpiles
 "World Bank welcomes India's move of selling oil from its stockpiles")
Oil markets open slightly lower as market weighs mixed supply signals
Oil futures were down slightly Thursday morning, after rising sharply in the first half of the week, as traders weighed a larger-than-expected build in U.S. oil stocks
 "Oil markets open slightly lower as market weighs mixed supply signals")
Stocks to Watch: Vodafone Idea, Emami, JK Cement, CIL, Airlines, OMCs
FMCG major Emami has acquired a 19 per cent equity stake in direct-to-consumer (D2C) nutrition firm Tru Native F&B Pvt Ltd.
 "Stocks to Watch: Vodafone Idea, Emami, JK Cement, CIL, Airlines, OMCs")
Base metals set for best-ever week as war stokes shortage fears
Commodities markets from metals to oil and gas have been upended by the war in Ukraine as big corporates withdraw from Russia
 "Base metals set for best-ever week as war stokes shortage fears")
Gold hits near nine-month high as Russia-Ukraine standoff worsens
Gold hits near nine-month high on Tuesday, as the Eastern Europe situation intensified after Russia ordered troops into breakaway regions of eastern Ukraine, supporting demand for safe-haven bullion.
 "Gold hits near nine-month high as Russia-Ukraine standoff worsens")
Stocks slip, oil jumps as Russia orders troops into Ukraine regions
Oil jumped to a seven-year high, safe-havens rallied and US stock futures dived on Tuesday after Russian President Vladimir Putin ordered troops into breakaway regions of eastern Ukraine.
 "Stocks slip, oil jumps as Russia orders troops into Ukraine regions")
Oil prices recoup losses as Russia-Ukraine tensions stay high
Oil prices recover losses on Wednesday as investors considered conflicting statements on possible withdrawal of some Russian troops around Ukraine amid tight global supplies and recovering fuel demand
 "Oil prices recoup losses as Russia-Ukraine tensions stay high")
Oil prices regain losses as Russia-Ukraine tensions ease
Oil prices recovered losses on Wednesday after slipping over 3% in the previous session, as investors gauge easing of Russia-Ukraine tension against tight global supplies and recovering fuel demand.
 "Oil prices regain losses as Russia-Ukraine tensions ease")
Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts
Oil prices climbed towards their highest levels in more than seven years on Monday on fears that a possible invasion of Ukraine by Russia could trigger sanctions (on the latter) from US and Europe
 "Oil hits $95: Buy paint, tyre stocks on dips, avoid aviation, say analysts")
Oil India hits over 3-yr high amid soaring crude prices; up 38% in 1 month
Separately, the stock of ONGC was up 2% at Rs 144.90 today and was trading at its highest level since November 2109
 "Oil India hits over 3-yr high amid soaring crude prices; up 38% in 1 month")
Oil steady; US gasoline demand offsets China move to tap oil stocks
Oil prices eased on Thursday on China's plan to release state oil reserves to reduce pressure on domestic refiners and a smaller than expected US weekly crude draw
 "Oil steady; US gasoline demand offsets China move to tap oil stocks")
Biggest sovereign wealth fund puts oil stocks on notice
Norway is now taking another look at the mandate handed to its wealth fund, the world's biggest
 "Biggest sovereign wealth fund puts oil stocks on notice")
Petrol price hike on cards post election outcome? Here's how to trade OMCs
The OMC stocks needs to cross and sustain crucial supports to gain on follow-up momentum.
 "Petrol price hike on cards post election outcome? Here's how to trade OMCs")
Oil prices slip for fifth consecutive day lower after US stockpile build
Oil prices dropped for a fifth day on Thursday after official data showed a sustained rise in US crude and fuel inventories, while the ever-present pandemic clouded the demand outlook
 "Oil prices slip for fifth consecutive day lower after US stockpile build")
ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show
Technical indicators suggest further upside in the S&P BSE Oil and Gas index towards 15,800 to 16,000 levels.
 "ONGC, BPCL, HPCL: Oil and Gas stocks could surge up to 30%, charts show")
MF energy exposure off 280 bps since July, at near 3-yr low; IT at new high
According to one analysis, about 6.9% of equity scheme assets were invested in energy firms, close to 12% in IT
 "MF energy exposure off 280 bps since July, at near 3-yr low; IT at new high")
ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show
Shares of Oil and Natural Gas Corporation (ONGC) rose as much as 4.6 per cent to hit an intra-day high of Rs 99.35 apiece on the BSE, while those of GAIL and BPCL gained up to 3.5 per cent
 "ONGC, Asian Paints: Bull sentiment intact in oil-linked stocks, charts show")
Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%
Oil futures fell sharply on Tuesday, with Brent tumbling below $40 a barrel for the first time since June.
 "Oil-related stocks in focus as crude oil prices tumble; ONGC declines 4%")
OMCs, RIL better placed; oil producers stare at losses as crude plunges
Reliance Industries' higher cost efficiencies and diversified business model will prove helpful
 "OMCs, RIL better placed; oil producers stare at losses as crude plunges")
OMCs, paint stocks decline after oil posts biggest one-day gain; ONGC rises
Among paint stocks, Asian Paints was trading nearly 4 per cent lower at Rs 1,543 apiece
 "OMCs, paint stocks decline after oil posts biggest one-day gain; ONGC rises")
