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Page 4 - Oil Price

Crude oil will climb above $70; energy security could reappear on the radar

Crude oil prices could shift higher again once the market shakes off the latest bout of coronavirus jitters

Crude oil will climb above $70; energy security could reappear on the radar
Updated On : 13 Apr 2021 | 10:16 AM IST

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe

Oil prices plunged for a fifth day in a row on Thursday, posting their biggest-one day declines since last summer on growing worries about rising Covid cases in Europe and the strengthening US dollar

Oil hits skids, drops 7% on worsening outlook for coronavirus in Europe
Updated On : 19 Mar 2021 | 7:15 AM IST

Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump

Among sectoral indices, the Nifty Metal index remained the star performer today, closing 1.8 per cent higher, followed closely by the Nifty IT index (up 1.6 per cent).

Bull run continues for 3rd day; Sensex ends 254 pts up; IT, metal stks jump
Updated On : 10 Mar 2021 | 4:50 PM IST

Beyond Budget Headlines: Oil sector may come to the govt's rescue this year

Oil prices have been rising because of global demand amid a stringent environment of regulations. So, what is Budget 2021 going to do for the oil sector? Tune in for more

Beyond Budget Headlines: Oil sector may come to the govt's rescue this year
Updated On : 25 Jan 2021 | 10:11 AM IST

Saudi's surprise output cut to lift Brent to $60 a barrel by mid-year: UBS

UBS expects Brent to trade at $63 per barrel in the second half of 2021

Saudi's surprise output cut to lift Brent to $60 a barrel by mid-year: UBS
Updated On : 07 Jan 2021 | 2:31 PM IST

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
Updated On : 28 Dec 2020 | 6:10 AM IST

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
Updated On : 09 Aug 2020 | 3:06 PM IST

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
Updated On : 19 Jun 2020 | 12:49 AM IST

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
Updated On : 20 May 2020 | 8:29 AM IST

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
Updated On : 13 May 2020 | 1:29 AM IST

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
Updated On : 24 Apr 2020 | 2:03 PM IST

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
Updated On : 13 Apr 2020 | 8:21 AM IST

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
Updated On : 02 Apr 2020 | 7:25 AM IST

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
Updated On : 13 Mar 2020 | 6:59 AM IST

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
Updated On : 22 Jan 2020 | 9:23 PM IST

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
Updated On : 12 Nov 2019 | 4:40 PM IST

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
Updated On : 29 Jul 2019 | 11:26 PM IST

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
Updated On : 03 Jul 2019 | 8:01 AM IST

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
Updated On : 26 Jun 2019 | 12:41 AM IST

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
Updated On : 13 May 2019 | 11:54 PM IST