Page 4 - Oil Price
Oil and gas price volatility likely to continue in 2021, say experts
Experts say refiners in Asia may continue to see stressed crack spread
 "Oil and gas price volatility likely to continue in 2021, say experts")
Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact
The company said it will uphold its commitment to pay out dividends of $18.75 billion for the second quarter
 "Saudi Aramco half-year profits plunge 50% due to Covid-19 pandemic impact")
Pidilite: Lower oil price the only saving grace, challenging times ahead
Lower input costs, led by soft crude oil prices, lend some hope
 "Pidilite: Lower oil price the only saving grace, challenging times ahead")
Oil prices ease on dim economic outlook despite signs of firmer demand
Brent crude futures for July delivery were trading down 11 cents, or 0.3 per cent, at $34.54 per barrel at 0031 GMT
 "Oil prices ease on dim economic outlook despite signs of firmer demand")
Covid-19 crisis: Biggest wealth fund faces record $37-bn withdrawal
The unprecedented withdrawal, revealed in Norway's Revised Budget for 2020, is more than four times the previous record set in 2016
 "Covid-19 crisis: Biggest wealth fund faces record $37-bn withdrawal")
Deep Dive with AKB - Oil's great slide: What this means for India
So what has happened lately to cause such a massive drop? How bad is the global outlook? And what does all this mean for India, which is a major importer of petroleum products? Let's take a Deep Dive
 "Deep Dive with AKB - Oil's great slide: What this means for India")
Oil jumps as Opec, Russia agree to end price war in a record deal
The meeting between Opec producers and allies was held on Sunday via videoconference in a last effort to establish a deal
 "Oil jumps as Opec, Russia agree to end price war in a record deal")
Covid-19: Trump to meet oil executives over falling prices, price war
The American Petroleum Institute said it was organising the Friday meeting with Trump, but denied the purpose was to ask for financial help.
 "Covid-19: Trump to meet oil executives over falling prices, price war")
Coronavirus' global impact will depend on how govts respond, says IMF
IMF officials have been urging a strong, coordinated global response, including rolling out spending measures to cushion the blow from the virus
 "Coronavirus' global impact will depend on how govts respond, says IMF")
Govt must include opportunity cost of imports in gas pricing: ONGC chairman
In an interview with Jyoti Mukul, ONGC chairman talks about India's move towards a gas-based economy, future of ONGC and the rise of renewable energy in India
 "Govt must include opportunity cost of imports in gas pricing: ONGC chairman")
Oil gains as market awaits signals on US-China trade talk progress
Trump said on Saturday that talks with China were moving along "very nicely"
 "Oil gains as market awaits signals on US-China trade talk progress")
Oil steadies near $56 a barrel amid trade talks between US and China
Chinese and American negotiators meet in Shanghai this week amid tempered expectations for a breakthrough in their year-long trade war that has dented demand
 "Oil steadies near $56 a barrel amid trade talks between US and China")
Oil edges higher after plunging in worst reaction to Opec in over 4 years
Prices edged higher by about 0.6% on Wednesday after a report showed a contraction in U.S. crude stockpiles
 "Oil edges higher after plunging in worst reaction to Opec in over 4 years")
Oil price steadies as Russian output view balances Iran tension
Brent for August settlement lost 34 cents, or 0.5 per cent, to $64.52 a barrel on London's ICE Futures Europe Exchange. It dropped 0.5 per cent on Monday
 "Oil price steadies as Russian output view balances Iran tension")
Oil prices fall 1% with Wall Street on trade war, give back early gains
Oil was pressured by a slump in stocks and other risk assets as investors moved into safe havens like Treasury bonds in response to the intensifying US-China trade war
 "Oil prices fall 1% with Wall Street on trade war, give back early gains")
Oil holds above $60 as stronger dollar caps supply-driven rally
Crude has rallied more than 30 percent to start the year as output reductions by the Organization of Petroleum Exporting Countries and its partners
Oil falls as US inventories, demand growth concerns weigh on supply outlook
A decline in OPEC production and a squeeze on supply from Iran and Venezuela because of US sanctions have led many analysts to forecast that the market will be balanced in 2019
Oil hits three-month lows as downbeat mood persists ahead off festive break
US light crude oil was down 30 cents at $45.28, on course for a decline of 11.0% for the week.
Oil prices, not 2019 election key risk for Indian market: CLSA's Chris Wood
Christopher Wood, managing director and equity strategist at CLSA tells Puneet Wadhwa at their 21st India Forum that he is not altering his allocation to Indian equities just yet
 "Oil prices, not 2019 election key risk for Indian market: CLSA's Chris Wood")
How falling oil prices are fast becoming a catalyst for emerging markets
The outlook for oil, a key source of revenue for Russia and Saudi Arabia, is adding a fresh twist for a market already obsessed with Federal Reserve tightening and the U.S.-China trade dispute
 "How falling oil prices are fast becoming a catalyst for emerging markets")
