Rising Oil Prices

OPEC to try to stem global oil price plunge amid Coronavirus slowdown

Prices were already under pressure at that point from abundant reserves and weak global growth

US-Iran tensions: No need to panic about oil prices, says Pradhan

There are tensions in the Persian Gulf due to geo-political reasons, the union minister said

Oil surges again after Trump threatens Iraq sanctions, Iran retaliation

Brent crude futures soared to a high of $70.27 a barrel at 0222 GMT, up $1.67, or 2.4 per cent, from Friday's settlement.

Oil-linked stocks trade weak as oil prices continue to surge; HPCL down 5%

US President Donald Trump has issued a threat to impose sanctions on Iraq amid escalating tensions with Iran in the Middle East.

Domestic airlines staring at headwinds over rising oil, US-Iran tensions

Brent crude oil price surged 4 per cent on Friday, following tension between Iran and the US

Oil prices set for weekly gain as Opec, allies agree to extend output cuts

OPEC is likely to shoulder 340,000 bpd in fresh cuts and non-OPEC producers an extra 160,000 bpd, one source said on Friday

Oil prices jump above $61 a barrel on talks of further OPEC supply cuts

On Friday Brent and US crude both fell on concerns that talks to end the trade war between the United States and China

Oil prices slip 4%, but stage set for monthly gains ahead of OPEC meet

Investors were also eyeing whether the producer group would agree to deeper cuts

Oil prices hold above $63 per barrel on US-China trade talks optimism

Brent crude futures LCOc1 were up 12 cents at $63.51 a barrel by 1127 GMT. West Texas Intermediate (WTI) crude CLc1 was flat at $57.80

Oil extends losses after Saudi Arabia to restore output by end-September

Brent crude oil futures fell 36 cents, or 0.6 per cent, to $64.19 a barrel, after tumbling 6.5 per cent the previous session.

HPCL, BPCL, IOC and aviation stocks tumble as global crude oil price surges

While paints and adhesive players too will see some margin pressure, upstream companies like ONGC, OIL India and GAIL are seen as beneficiaries

Oil jumps to two-week high as demand continues to drain stockpiles

Futures rose as much as 1.3 per cent after the Energy Information Administration reported American crude inventories fell by 8.5 million barrels last week

Rising probability of global risk-off biggest threat to markets: Khemani

The US dollar getting stronger also has huge implications for the already leveraged emerging markets (EMs), including India, in terms of cost of capital as well as its availability