Page 2 - Oil Prices Jump
Oil rises from 9-month low on US Gulf supply cuts, softer dollar
Crude soared in early 2022, with Brent coming close to its all-time high of $147 in March after Russia invaded Ukraine, adding to supply concerns
 "Oil rises from 9-month low on US Gulf supply cuts, softer dollar")
Oil prices surge to more than $1/barrel ahead of OPEC+ supply cut prospect
Oil prices jumped more than $1 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to tweak production and support prices at a meeting later in the day
 "Oil prices surge to more than $1/barrel ahead of OPEC+ supply cut prospect")
Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut
Oil prices rose more than $3 a barrel on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar
 "Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut")
Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis
Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe
 "Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis")
Oil prices jump almost 3% as tight supply moves back into focus
Oil has soared in 2022, coming close in March to an all-time high of $147 after Russia's invasion of Ukraine exacerbated supply concerns
 "Oil prices jump almost 3% as tight supply moves back into focus")
Japan trade deficit grows despite improved exports as oil prices surge
Japan's trade deficit for the first half of this year totaled nearly 8 trillion yen because of surging oil prices and a sinking yen, brought on partly by the war in Ukraine, and weaker global demand
 "Japan trade deficit grows despite improved exports as oil prices surge")
Oil prices rise despite US inventory hike as China eases Covid lockdowns
Oil prices have risen backing on Chinese expectations as it unlocks cities. Even though US inventory hikes, oil prices rose parallely, possibly due to a strike by Norwegian workers.
 "Oil prices rise despite US inventory hike as China eases Covid lockdowns")
Oil settles up despite OPEC-plus output hike plan; supply still tight
US crude notched a sixth weekly gain on tight U.S. supply, which has prompted talk of fuel export curbs or a windfall tax on oil and gas producers.
 "Oil settles up despite OPEC-plus output hike plan; supply still tight")
Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes
The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.
 "Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes")
Oil prices rise on China's demand recovery, gasoline at an all-time high
In line with the unexpected industrial output decline, China processed 11% less crude oil in April, with daily throughout the lowest since March 2020.
 "Oil prices rise on China's demand recovery, gasoline at an all-time high")
Most global indices are near bear territory. Will the Sensex, Nifty follow?
Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months
 "Most global indices are near bear territory. Will the Sensex, Nifty follow?")
Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts
On the NSE, the Nifty50 index touched an intra-day low of 15,711 before settling at 15,863, down 382 points or 2.35 per cent
 "Benchmarks fall 15% from record peak, end at 8-mth low; Sensex dips 1491pts")
European stocks slip, oil passes $110, as Ukraine crisis continues
European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day
European stocks slip, oil passes $110, as Ukraine crisis continues
European stock indexes were in their second day of falls, with the STOXX 600 down 0.7% at 0857 GMT, while Germany's DAX was down 1.2% on the day
 "European stocks slip, oil passes $110, as Ukraine crisis continues")
Oil prices clamber towards 7-year highs on Russia-Ukraine tensions
Investors are also watching talks between the United States and Iran to revive the 2015 nuclear deal
 "Oil prices clamber towards 7-year highs on Russia-Ukraine tensions")
Wall Street drops, oil prices jump on Ukraine conflict worries
Rising oil prices boosted energy shares more than 2.8%, though most of the 11 major S&P 500 sector indexes declined, led by technology and consumer discretionary
 "Wall Street drops, oil prices jump on Ukraine conflict worries")
Oil rises, hovers near 7-year highs on supply fears, political risks
Brent crude rose 92 cents, or 1.0%, to $90.95 a barrel at 0051 GMT, after adding 69 cents on Friday. The front-month contract for March delivery expires later in the day
Oil rises for sixth week as growing chorus predicts $100 price
Oil's stellar start to the year comes despite a soft patch in global equity markets after the Federal Reserve signaled it's ready to tackle inflation
 "Oil rises for sixth week as growing chorus predicts $100 price")
Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?
The BSE Sensex has shed 1,844 points from Monday's close ending at 59,464 level today, way below the 60K-mark.
 "Sensex falls 1,800 points in 3 days. Here's what is spooking the markets?")
Oil touches 7-year high after Opec+ sticks to plan for gradual output hike
Oil prices jumped Monday after OPEC and allied oil producing countries stayed with their gradual approach to restoring output slashed during the pandemic, agreeing to add only 400,000 barrels per day
 "Oil touches 7-year high after Opec+ sticks to plan for gradual output hike")
