Business Standard

Oil Prices Rise

Oil prices rise as China's policy easing stirs demand optimism

Bloomberg News reported on Tuesday that the U.S. government was weighing harsher sanctions against Russia's lucrative oil trade, seeking to tighten the squeeze on the Kremlin's war machine just weeks

Oil prices rise as China's policy easing stirs demand optimism
Updated On : 11 Dec 2024 | 5:22 PM IST

Oil strategy, Nov 5: How to trade crude oil as Opec+ delays production hike

Crude oil price today: Sharekhan remains confident of oil prices heading lower towards $65 in Q1-2025, while in short term, prices could see WTI prices trading in broader range of $75-$66

Oil strategy, Nov 5: How to trade crude oil as Opec+ delays production hike
Updated On : 05 Nov 2024 | 11:51 AM IST

Oil climbs more than 2% on reports of Iran preparing strike on Israel

Israeli intelligence suggested that Iran is preparing to attack Israel with a large number of drones and ballistic missiles

Oil climbs more than 2% on reports of Iran preparing strike on Israel
Updated On : 01 Nov 2024 | 5:08 PM IST

RBI policy: Prelude to future rate cuts? Inflation numbers hold the key

The policy remains open-ended on the future possibility of rate cut, which sounds reasonable given that the future course of inflation is hard to gauge

RBI policy: Prelude to future rate cuts? Inflation numbers hold the key
Updated On : 09 Oct 2024 | 11:51 AM IST

Oil prices rise as West Asia tension overshadows strong supply outlook

Israel bombed Beirut early on Thursday, killing at least six people, after its forces suffered their deadliest day on the Lebanese front in a year of clashes with Iran-backed Hezbollah

Oil prices rise as West Asia tension overshadows strong supply outlook
Updated On : 03 Oct 2024 | 4:21 PM IST

Chris Wood trims India exposure; says geopolitics biggest risk to markets

A deterioration in the geopolitical situation is the biggest risk to global equity markets, Wood said, which he believes is not yet fully discounted by them

Chris Wood trims India exposure; says geopolitics biggest risk to markets
Updated On : 02 Oct 2024 | 10:37 PM IST

Oil prices rise 2% on US interest rate cut, helps Brent crude recover

Crude prices were also being boosted by rising tensions in the Middle East, said Tim Snyder, chief economist at Matador Economics

Oil prices rise 2% on US interest rate cut, helps Brent crude recover
Updated On : 19 Sep 2024 | 11:45 PM IST

Oil prices bounce back from multi-month lows on West Asia tensions

Both oil benchmarks broke a three-session declining streak on Tuesday, and tensions in the Middle East continued to stoke supply concerns in Wednesday's trading session

Oil prices bounce back from multi-month lows on West Asia tensions
Updated On : 07 Aug 2024 | 7:50 PM IST

Oil market headed for bearish times on softening global economic conditions

Given the above-mentioned developments, we believe that the oil market is heading lower in the short to medium term due to softening of global economic conditions

Oil market headed for bearish times on softening global economic conditions
Updated On : 04 Jun 2024 | 9:12 AM IST

Asian Stocks sink, oil surges on reports of escalating Middle East conflict

Gold jumped 1.6 per cent to $2,414.69, heading back toward last week's all-time high at $2,431.29

Asian Stocks sink, oil surges on reports of escalating Middle East conflict
Updated On : 19 Apr 2024 | 8:34 AM IST

Oil prices rise but set for weekly loss amid expectations of Fed rate cuts

The gains erased some losses from the previous session, which was dominated by worries about stubborn U.S. inflation that dampened hopes for an interest rate cut as early as June

Oil prices rise but set for weekly loss amid expectations of Fed rate cuts
Updated On : 12 Apr 2024 | 10:57 AM IST

Oil prices up 2% on Gaza ceasefire rejection, US fuel stocks data

The Brent benchmark breached $80 a barrel for the first time since Feb. 1 as it extended into a fourth straight session of gains

Oil prices up 2% on Gaza ceasefire rejection, US fuel stocks data
Updated On : 09 Feb 2024 | 7:02 AM IST

Oil prices edge up 1% on bigger-than-expected US storage withdrawal

The U.S. Energy Information Administration (EIA) said energy firms pulled 4.3 million barrels of crude from stockpiles during the week ended December 8

Oil prices edge up 1% on bigger-than-expected US storage withdrawal
Updated On : 13 Dec 2023 | 10:26 PM IST

Rupee to rely on RBI's intervention amid surging oil prices: Traders

Non-deliverable forwards (NDFs) indicate rupee will open at around 83.25-83.26 to the U.S. dollar, barely changed from the previous session

Rupee to rely on RBI's intervention amid surging oil prices: Traders
Updated On : 16 Oct 2023 | 9:13 AM IST

Crude oil prices surge on US sanctions, tight stockpile forecasts

Russia is the world's second-largest oil producer and a major exporter and the tighter U.S. scrutiny of its shipments could curtail supply

Crude oil prices surge on US sanctions, tight stockpile forecasts
Updated On : 13 Oct 2023 | 10:27 PM IST

Crude oil tracks global equities higher, IEA demand downgrade weighs

Lower U.S. bond yields are stoking risk appetite, which in turn is supporting equities and oil, UBS analyst Giovanni Staunovo said

Crude oil tracks global equities higher, IEA demand downgrade weighs
Updated On : 12 Oct 2023 | 10:56 PM IST

Oil steadies on strong US dollar, darkening global macroeconomic outlook

Higher interest rates and a stronger dollar make oil more expensive for holders of other currencies, which could dampen oil demand

Oil steadies on strong US dollar, darkening global macroeconomic outlook
Updated On : 03 Oct 2023 | 5:04 PM IST

IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500

Closing Bell on September 28, 2023: Tech M, which sank 4 per cent, was the top laggard on the benchmarks after Morgan Stanley downgraded the stock to 'underweight'

IT shares, RIL, F&O expiry send Sensex 610 pts down, Nifty near 19,500
Updated On : 28 Sep 2023 | 4:06 PM IST
Updated On : 25 Sep 2023 | 11:24 PM IST

Mid, smallcap indices hit record high. Why are markets ignoring oil prices?

India has been substituting expensive crude oil with cheaper imports. This has helped keep inflation-related concerns triggered by rising oil prices at bay

Mid, smallcap indices hit record high. Why are markets ignoring oil prices?
Updated On : 07 Sep 2023 | 10:50 PM IST