Page 2 - Global Oil Prices

Oil prices steady as Western leaders meet over Ukraine crisis

Benchmark Brent was up 0.3% at $121.95 a barrel by 1111 GMT, after falling by close to $2 earlier in the session

Global stocks ease as Ukraine fighting rages on, oil prices climb

Most share markets rallied last week in anticipation of an eventual peace deal on Ukraine, but it could take actual progress to justify further gains

Diesel price for bulk users hiked Rs 25/litre; pvt retailers fear closure

The price of diesel sold to bulk users has been hiked by about Rs 25 per litre in line with a near 40% rise in international oil prices, but retail rates at petrol pumps remain unchanged, sources said

Oil prices headed for weekly loss, but stay well above $100 a barrel

U.S. West Texas Intermediate (WTI) crude futures were up 17 cents, or 0.2 per cent, at $103.15 a barrel, adding to an 8 per cent jump on Thursday

Covid, conflict and China

For the countries of Europe, the conflict poses existential questions

ATF price hiked by steepest ever 18% to all-time high as crude oil surges

Jet fuel prices on Wednesday were hiked by over 18 per cent - the steepest ever increase - to all-time high levels after international oil price surged to a multi-year high

Japan's Nikkei gains as crude oil declines, coronavirus cases drop

Japan's Nikkei stock index advanced on Monday, supported by a retreat in crude oil as investors turned more optimistic over the Russia-Ukraine crisis

Japan's Nikkei gains as crude oil declines, coronavirus cases drop

Japan's Nikkei stock index advanced on Monday, supported by a retreat in crude oil as investors turned more optimistic over the Russia-Ukraine crisis

Oil prices shed $4 a barrel, extending losses ahead of Fed meeting

Oil prices shed as much as $4 a barrel on Monday, extending last week's decline as diplomatic efforts to end the war in Ukraine were stepped up and markets braced for higher U.S. rates

Oil prices slide by about $4 per barrel, extending last week's decline

Oil prices extended last week's decline to fall by about $4 a barrel during early trade on Monday after a US official said Russia was showing signs of willingess to have negotiations over Ukraine

War-driven oil price hikes to cut growth for big importers: World Bank exec

Persistent high oil prices prompted by Ukraine invasion could cut a full percentage point off the growth off large oil-importing developing economies like China, Indonesia, South Africa and Turkey

Global shares fall, oil rises in volatile trading post Russia oil ban by US

Global share markets fell on Tuesday as oil prices climbed yet further, driven by the United States banning Russian oil and other energy imports over Moscow's invasion of Ukraine

Top headlines: US bans Russian crude import; India evacuates students

International rating agency Fitch Ratings has downgraded Russia's Long-Term Foreign-Currency Issuer Default Rating (IDR) to 'C' from 'B'

Oil prices surge as US bans Russian crude, Britain launches phase out

Oil prices settled around 4% higher on Tuesday as the US banned Russian oil imports and Britain said it will phase them out by year end

Petrol, diesel price hike on wait-and-watch mode, CNG rates increased

CNG price in Delhi and adjoining cities on Tuesday was hiked by Rs 0.50 per kg, while an imminent increase in petrol and diesel price is on wait-and-watch mode for more clarity on global oil prices

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

Petrol, diesel prices set to rise Rs 15-Rs 22 per litre from next week

It is widely expected that the OMCs will revise the current prices on or after March 7, which is the last day of voting in the ongoing state assembly elections

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

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

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