Page 19 - Brent Crude Oil

ONGC, Oil India surge 10%; gain up to 41% in 6 months on high oil prices

Earnings outlook for upstream PSUs has improved considerably given the recent rise in crude oil prices above $90/bbl mark and expectation of a further steep hike in domestic gas price over H1-H2FY23

Ukraine crisis: Crude price may stay around $100 for 3 months, says CAPA

Bad news for airlines as fuel accounts for 40% of expenses. On Tuesday, OMCs hiked ATF price by 8.7% to Rs 93,530.6 a kilolitre. On a year-on-year basis ATF is up by 57%

Brent crude breaches $100 per barrel mark again amid Russia-Ukraine crisis

For India, the price range is a cause of concern as it may add Rs 8 to Rs 10 in petrol and diesel selling prices, if the OMCs decide to revise the current prices

Rising oil can burn Rs 1-trillion hole in govt coffers in FY23: SBI report

Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now

Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura

A sustained rise in oil, food prices would have adverse impacts on Asia's economies. India, Thailand and the Philippines are the biggest losers, while Indonesia would be a relative gainer, Nomura said

Oil crosses $105 a barrel, hits 8-year high as Russia attacks Ukraine

The United States and Europe have promised the toughest sanctions on Russia in response

Brace for higher commodity prices as Russia invades Ukraine: Analysts

Key commodities such as crude oil, ammonia, urea, potash, and phosphates could move higher over the next few weeks.

As Brent crude inches towards $100 mark, what does it mean for the world?

Average natural gas prices in January and February highest in the last nine years

Oil price steadies on waning supply worries over Russia-Ukraine crisis

Brent crude rose 11 cents, or 0.01%, to $96.95 a barrel at 0730 GMT, after soaring as high as $99.50 on Tuesday, the highest since September 2014

Brent crude could jump by $20 if Ukraine crisis worsens, says BofA

Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research said

Oil price set to test fresh peaks barring Iran breakthrough

Hitting just under $100 a barrel on Tuesday, international crude prices are still a way off the all-time peak of more than $147 hit in July 2008

India expects fuel demand to grow 5.5% in the next fiscal year: Govt data

Consumption of aviation fuel would likely increase by nearly 50% to 7.6 million tonnes, compared with the revised estimate of 5.1 million tonnes for the year ending March 2022

Oil prices rise as tight market looks to Russian-Western diplomacy

Brent crude futures rose 25 cents, or 0.3%, to $93.79 a barrel at 1000 GMT. U.S. West Texas Intermediate (WTI) crude futures rose 35 cents, or 0.4%, to $91.42 a barrel

Oil prices fall 0.4% on fresh hope of diplomacy over Ukraine crisis

Brent crude slipped to $93.14 a barrel at 0730 GMT, down 40 cents or 0.4%, after earlier touching $95

Markets not fully pricing in rising crude oil price-led inflation: Analysts

In the past one month, the BSE Sensex and the NSE Nifty, shed over 6 per cent each, while crude oil prices soared to an eight-year high at almost $96 a barrel, up nearly 12 per cent.

Oil drops from 7-year high on report some Russian troops return to base

Brent crude fell $2.35, or 2.4%, to $94.13 by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped $2.00, or 2.1%, to $93.46

Can investors benefit from Brent crude rally?

Brent crude prices have been on a rally since January, rising about 20% so far. This has pulled back equities from their recent highs as oil price rise. Find out if investors can benefit from this

TMS Ep104: Brands & politics, Vinita Gupta, markets, Central Vista

Why brands should stay away from politics? What are Lupin CEO's plans for growth in US & China? Can investors benefit from Brent crude rally? What is the Central Vista project? Find all answers here

Oil hits seven-year highs as rally extends to a 7th week

Brent crude rose $2.16, or 2.4%, to settle at $93.27 a barrel having earlier touched its highest since October 2014 at $93.70

Oil hits seven-year highs as US storm heightens supply concerns

A massive winter storm swept across central and northeast regions of the United States on Thursday, knocking out power to thousands