Page 5 - Brent Crude
Oil prices up 1.5% as Saudi Arabia and Russia stick to supply cuts
Oil was rebounding after both benchmarks lost about 6 per cent in the week to November 3
 "Oil prices up 1.5% as Saudi Arabia and Russia stick to supply cuts")
Markets may ignore West Asia events till there's no invasion: Chris Wood
Over the past few weeks, equity markets have reacted sharply to the developments in West Asia with most frontline indices across the globe slipping 1 per cent to 7 per cent.
 "Markets may ignore West Asia events till there's no invasion: Chris Wood")
Brent hits $93 as escalating Middle East conflict heightens supply concerns
"This turn of diplomatic fortunes again garners fear of conflict spread and therefore the leap in oil," said John Evans of oil broker PVM
 "Brent hits $93 as escalating Middle East conflict heightens supply concerns")
Crude oil prices rise 3%, breach $97 a barrel on US stockpile concern
Brent crude futures closed up $2.59, or 2.8 per cent, at $96.55. It breached $97 a barrel during the session
 "Crude oil prices rise 3%, breach $97 a barrel on US stockpile concern")
Nearby Brent crude contract spread hits 2023 high on tight supply
Brent, which is used to price more than three-quarters of the world's traded oil, has been rising since late June, as leading producer Saudi Arabia spearheaded output cuts
 "Nearby Brent crude contract spread hits 2023 high on tight supply")
Impact check: Higher crude oil prices threaten India Inc's profit margins
Weak demand, global slowdown add to their woes
 "Impact check: Higher crude oil prices threaten India Inc's profit margins")
Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200
CLOSING BELL ON SEPTEMBER 15, 2023: The BSE Sensex hit a new life-time high at 67,927, and the Nifty registered a peak at 20,222 on Friday
 "Sensex extends winning run into 11th day, gains 320 pts; Nifty nears 20,200")
Oil India share jumps 6%, rebounds to 1-year high after 3 weeks: Read why
With crude crossing $94 per barrel, upstream companies like OIL will benefit from higher net crude realisations; company also exploring ways to repatriate its dividends worth $150 million from Russia
 "Oil India share jumps 6%, rebounds to 1-year high after 3 weeks: Read why")
Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%
Closing Bell on September 13, 2023:The gains were led by Bharti Airtel (up 2.7 per cent), Titan, Axis Bank, SBI, IndusInd Bank, Power Grid, NTPC, Tata Motors, Ultratech Cement, and Bajaj Finance
 "Sensex rises 246 pts, Nifty holds 20,050 in broad rally; PSB index zooms 4%")
Crude oil prices rises to highest in over 7 months on supply worries
Russia, the world's second-largest oil exporter, has already agreed with OPEC+ partners to cut oil exports next month, Deputy Prime Minister Alexander Novak said
 "Crude oil prices rises to highest in over 7 months on supply worries")
Sensex rebounds 507 pts from lows, ends 138 pts up; auto, IT stocks gain
Closing Bell on August 16, 2023: The shares of SBFC Finance, which debuted on Wednesday at a premium of 44 per cent, settled at Rs 92.2 per share, up nearly 62 per cent over issue price
 "Sensex rebounds 507 pts from lows, ends 138 pts up; auto, IT stocks gain")
Oil prices up on China economic support pledge, tighter Russian supply
Brent futures rose 9 cents, or 0.1%, to $79.72 a barrel at 0010 GMT, while U.S. West Texas Intermediate (WTI) crude was steady at $75.75 per barrel
 "Oil prices up on China economic support pledge, tighter Russian supply")
Brent oil hovers above $80 per barrel after US inflation eases: Report
Markets expect one more interest rate rise before the US rate-hiking cycle peaks. Higher rates can slow economic growth and reduce oil demand
Sensex sheds 505 pts from summit, ends 165 pts up; PSU banks crack; IT gain
CLOSING BELL ON JULY 13, 2023: The NSE Nifty50 hit a new high of 19,567, before finishing with a modest gain of 29 points on Thursday. Broader indices ended in red.
 "Sensex sheds 505 pts from summit, ends 165 pts up; PSU banks crack; IT gain")
Brent crude rises above $80/barrel amid signs of tightening supplies
Futures rose as much as 0.8% in London, climbing just above $80
 "Brent crude rises above $80/barrel amid signs of tightening supplies")
Oil prices fall on concerns of slow fuel demand, weak China industrial data
Brent crude futures declined 40 cents, or 0.5%, to $73.63 a barrel by 0444 GMT. U.S. West Texas Intermediate (WTI) crude futures fell 32 cents, or 0.5%, to $69.24 a barrel
 "Oil prices fall on concerns of slow fuel demand, weak China industrial data")
Equity, oil markets can breathe easy for now as tension in Russia cools off
Analysts believe, the progress of monsoon, FII and DII fund flows and the upcoming Q2 earnings, are the key triggers for Indian markets
 "Equity, oil markets can breathe easy for now as tension in Russia cools off")
Brent crude falls 0.6% to $76.65 with interest rates, inventories in focus
LONDON (Reuters) -Oil futures dipped slightly on Thursday, with trader expectations of further interest rate hikes countered by potentially bullish U.S. oil inventory data after preliminary figures showed a fall in stocks.
 "Brent crude falls 0.6% to $76.65 with interest rates, inventories in focus")
Sensex up 350 pts, ends atop 63K; Nifty tops 18,700 amid broad-based buying
Stock market live updates: The SGX Nifty signaled a firm start on Wednesday as it rose over 50 points to 18,745 levels
 "Sensex up 350 pts, ends atop 63K; Nifty tops 18,700 amid broad-based buying")
Saudi oil output cuts unlikely to lift prices to high $80s-low $90s: Citi
Prices are expected to be range-bound, the analysts added, with Brent averaging $81 a barrel through the year
 "Saudi oil output cuts unlikely to lift prices to high $80s-low $90s: Citi")