Page 7 - Brent Crude
Energy prices to fall 11% in 2023 as economies slow down: World Bank study
Currency depreciation in developing countries could deepen food and energy inflation: Commodity Markets Outlook report
 "Energy prices to fall 11% in 2023 as economies slow down: World Bank study")
Cement cos regain pricing power as demand improves from infra, construction
Cost pressures a concern, though, as crude, currency volatility remain
 "Cement cos regain pricing power as demand improves from infra, construction")
How will OPEC production cuts affect India?
The decision by OPEC+ to impose larger-than-expected output cuts in a bid to spur a recovery in crude prices could become a cause for concern for India. Let's delve into its possible impact on India
 "How will OPEC production cuts affect India?")
Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip
CLOSING BELL: JSW Steel, Hindalco, Coal India, L&T, Tata Steel, ICICI Bank, HCL Tech, Axis Bank, Tata Motors, Tata Consumer Products, Shree Cement, and Wipro were the top gainers
 "Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip")
Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up
CLOSING BELL: Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent
 "Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up")
Oil prices hit nine-month low on recession fears, US dollar surge
Brent crude futures for November settlement slipped by 82 cents, or 1%, to $85.33 a barrel at 1110 GMT. The contract fell as low as $84.51, the lowest since Jan 14
 "Oil prices hit nine-month low on recession fears, US dollar surge")
Sensex ends choppy day 337pts down; Nifty atop 17,600; banks dip, FMCG gain
CLOSING BELL: Sectorally, indices ended mixed with the Nifty FMCG index rising over 1 per cent, while the Nifty Bank, and Financial Services indices falling up to 1.4 per cent each
 "Sensex ends choppy day 337pts down; Nifty atop 17,600; banks dip, FMCG gain")
Oil gives up gains as soaring US dollar offsets Putin's troop mobilisation
Brent futures were 10 cents, or 0.1%, lower at $90.52 a barrel by 10:13 a.m. EDT (1413 GMT), while U.S. West Texas Intermediate (WTI) crude fell 28 cents, or 0.3%, to $83.66.
 "Oil gives up gains as soaring US dollar offsets Putin's troop mobilisation")
Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine
CLOSING BELL: The losses, meanwhile, were led by the Nifty Metal index (down 2 per cent), and the Nifty Pharma index (1.4 per cent)
 "Sensex down 263 pts, Nifty near 17,700 ahead of US Fed outcome; FMCGs shine")
Broad-based rally lifts Sensex 578pts, Nifty above 17,800; pharma stks lead
CLOSING BELL: Besides, the Nifty Auto and Private Bank indices advanced 1.7 per cent each
 "Broad-based rally lifts Sensex 578pts, Nifty above 17,800; pharma stks lead")
Oil's not well: Markets likely to slip on crude oil, shows data
The benchmark Nifty50 Index during this time frame has jumped as much as 18%
 "Oil's not well: Markets likely to slip on crude oil, shows data")
Recession fears hit equities; Sensex sinks 1,093 pts, Nifty gives up 17,550
CLOSING BELL: PSU banks, auto, IT, metal, and realty stocks plunged the most on the bourses. Their respective indices on the National Stock Exchange declined between 2 and 4 per cent
 "Recession fears hit equities; Sensex sinks 1,093 pts, Nifty gives up 17,550")
Oil steadies but remains on track for weekly decline on rate hike fear
Brent crude futures were up 25 cents, or 0.3%, at $91.09 a barrel by 0921 GMT but were down 1.9% for the week.
 "Oil steadies but remains on track for weekly decline on rate hike fear")
Oil rises 2% on supply concerns, expectations for gas-to-oil switching
Brent crude futures rose by $1.86 a barrel, or 2%, to $95.03 by 11:58 a.m. EDT (1558 GMT). U.S. West Texas Intermediate crude gained $2.06, or 2.4%, to $89.37.
Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh
CLOSING BELL: Among individual stocks, Tech M, IndusInd Bank, Infosys, HCL Tech, Maruti Suzuki, SBI, and TCS were the top large-cap winners
 "Sensex ends choppy day 105 points higher; IT stocks lead; Financials weigh")
ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip
CLOSING BELL: Shree Cement, BPCL, Tech M, Axis Bank, M&M, ICICI Bank, Ultratech Cement, Bharti Airtel, Bajaj Finserv, and SBI gained in the range of 2 per cent to 5 per cent
 "ICICI, Axis, HDFC Bank lift Sensex 659 pts, Nifty near 17,800; metals dip")
Oil slumps below $85 for first time since January on demand fear
US benchmark West Texas Intermediate sank below $85 while the global Brent benchmark fell below $90
 "Oil slumps below $85 for first time since January on demand fear")
Brent crude anchored above $100 a barrel, heading for weekly gain
Brent crude futures climbed $1.53, or 1.54%, to $100.87 a barrel by 1051 GMT. U.S. West Texas Intermediate (WTI) crude futures rose $1.20 cents, or 1.3%, to $93.72.
Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%
CLOSING BELL: RIL, ICICI Bank, M&M, SBI, Bajaj twins, and Titan were the stocks that supported the indices
 "Sensex gyrates 1,027 pts, ends 257 pts up; Nifty holds 17,550; M&M gains 4%")
Centre planning to further cut windfall tax on crude, diesel: Report
The government is expected to review the new taxes, imposed on July 1, for the third time soon,
 "Centre planning to further cut windfall tax on crude, diesel: Report")