Oil Prices Dip

Oil prices slip as Venezuela sanctions ease, Middle East in focus

Saudi Arabia had said it would keep its voluntary cut until the end of the year

Oil prices drop further as uncertain demand outlook weighs OPEC+

The U.S. services sector slowed in September as new orders fell to a nine-month low, though the pace remained consistent with expectations for solid third quarter economic growth

Oil prices fall as high-interest rate outlook outweighs tight supply

Meanwhile, the U.S. dollar hit a 10-month high on Tuesday, as higher bond yields attracted investors towards the greenback

Oil falls as geopolitical tensions ease, China Covid concerns return

Brent crude futures dropped by 62 cents, or 0.7%, to $92.24 a barrel by 0110 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 65 cents, or 0.8%, to $84.94 a barrel

Oil prices at 6-month low: Petrol at breakeven, losses continue on diesel

International oil prices have hit a six-month low, helping Indian fuel retailers breakeven on petrol but they continue to lose money on diesel - the most used fuel in the country, officials said. The world's best-known crude benchmark, Brent was trading at USD 94.91 per barrel on Thursday after concerns of a global recession led to it slipping to a six-month low of USD 91.51 on the previous day. The current rates are a relief to India, which is 85 per cent dependent on imports for meeting its oil needs. The fall in prices has meant that fuel retailers such as Indian Oil Corporation are now breaking even on petrol but there are some losses on diesel, officials with knowledge of the matter said. State-owned fuel retailers IOC, Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) have not exercised their right to adjust the retail selling price of petrol and diesel in line with the international costs for four and half months now to help the governmen

Rupee seen stronger tracking oil price fall; US yields may cap gains

The rupee, which is set to resume trade after a four-day weekend, is seen opening at 79.25-79.30 per dollar, up from 79.6550 on Friday

Oil extends losses as weak demand outlook lingers global recession fear

Brent crude futures fell $1.21, or 1.3%, to $93.89 a barrel by 0635 GMT. WTI crude futures dipped 84 cents, or 0.9%, to $88.57 a barrel

Bond yields 3-month low ahead of RBI policy decision as oil prices drop

Indian government bond yields dropped on Friday, with the 10-year yield trading at a three-month low, after global oil prices fell overnight, while market participants awaited a Reserve Bank of India

Oil prices drop 2% on recession concerns, heading for weekly fall

The US government said while it is pursuing diplomacy to revive a nuclear deal with Iran, it will continue to use sanctions to limit exports of oil from Iran

Oil prices dip as Europe turns away from Russian oil, dollar soars

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe's biggest economy Germany was speeding up plans to wean itself off Russian oil

Sensex snaps 5-day winning run, shed 709 pts; metal, energy stks worst hit

CLOSING BELL: Metal stocks including Hindalco, Tata Steel, and JSW Steel were among the worst hit stocks on the bourses as they shed between 3.7 per cent and 5.3 per cent

Oil prices fall amid Iran nuclear deal talks and Russia-Ukraine tensions

Oil prices fell on Thursday as talks to revive a nuclear deal with Iran entered their final stages, but losses were capped by heightened tensions between Russia and the West over Ukraine

Oil prices fall after increases in crude and fuel stockpiles in the US

Brent oil futures fell 25 cents, or 0.3%, to $86.15 a barrel after closing at the highest in seven years on Tuesday.

Oil price falls but sentiment stays strong on demand recovery hopes

Brent crude futures for August eased 10 cents, or 0.1%, to $74.80 a barrel by 0110 GMT, while US West Texas Intermediate (WTI) crude for July was at $73.44 a barrel, down 22 cents, or 0.3%

Trump's poll slump to Brexit deal: 2020, a year of disorder amid Covid-19

Trump lost ground, UK exited the EU and the global backlash against China reached new heights for its handling of the pandemic

Oil prices slip as investors turn cautious ahead of OPEC+ meeting

Oil prices fell about 1% amid investor jitters ahead of an OPEC+ meeting to decide whether the producers' group will extend large output cuts to balance global markets

Oil prices fall on US inventory build, increasing coronavirus fears

Industry group American Petroleum Institute (API) reported US crude inventories rose last week by 7.5 million barrels compared with expectations for a draw of 2.1 million

Oil prices slip after OPEC, allies agree to loosen oil supply curbs

Brent crude fell 13 cents, or 0.3%, at $43.66 a barrel by 0015 GMT, and U.S. West Texas Intermediate (WTI) crude dropped 18 cents, or 0.4%, to $41.02 a barrel

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

Aramco may cut govt payout as drop in oil prices hits first-quarter profits

Saudi Arabian Oil Co., as the company is formally known, pledged an annual dividend of $75 billion for the first five years to attract investors to its initial public offering in December last year