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Page 8 - Brent Crude

Govt bonds, rupee strengthen as crude prices plunge on growth concerns

A decline in domestic headline retail inflation to a five-month low in July also bolstered the appetite for bonds

Govt bonds, rupee strengthen as crude prices plunge on growth concerns
Updated On : 18 Aug 2022 | 1:35 AM IST

Oil slips to six-month low as fears over global recession weigh

Oil fell on Wednesday to a 6 month low after a brief respite as concerns about the prospect of recession that would weaken demand overshadowed a report showing lower US crude & gasoline stocks

Oil slips to six-month low as fears over global recession weigh
Updated On : 17 Aug 2022 | 4:52 PM IST

Oil reverses losses, prices rise by about 1%; demand concerns persist

Brent crude futures rose 72 cents, or 0.8%, to $95.82 a barrel by 1219 GMT, after hitting a session low of $93.20. WTI crude futures rose $1.03, or 1.2%, to $90.44 a barrel, after falling to $87.82.

Oil reverses losses, prices rise by about 1%; demand concerns persist
Updated On : 16 Aug 2022 | 7:07 PM IST

Oil drops over $3 a barrel as China data disappoints, Iran talks in focus

Brent crude futures fell $3.49, or 3.56%, to $94.66 a barrel by 0945 GMT after settling 1.5% lower on Friday.

Oil drops over $3 a barrel as China data disappoints, Iran talks in focus
Updated On : 15 Aug 2022 | 4:06 PM IST

Oil prices set for weekly climb, uncertain demand outlook cap gains

Brent crude futures were down 9 cents, or 0.1%, to $99.51 a barrel 0900 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 38 cents or 0.4% to $93.96 a barrel.

Oil prices set for weekly climb, uncertain demand outlook cap gains
Updated On : 12 Aug 2022 | 3:59 PM IST

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%

CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent

Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%
Updated On : 10 Aug 2022 | 3:36 PM IST

Goldman sees strong case for higher oil prices despite negative shocks

The market will remain in unsustainable deficits at current prices and balancing it will still require 'demand destruction on top of the ongoing economic slowdown', says the investment bank

Goldman sees strong case for higher oil prices despite negative shocks
Updated On : 08 Aug 2022 | 10:41 PM IST

Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%

CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today

Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%
Updated On : 08 Aug 2022 | 3:34 PM IST

Oil prices rise from multi-month lows on supply shortage concerns

Brent crude rose 39 cents, or 0.4%, to $94.51 a barrel by 0900 GMT. U.S. West Texas Intermediate crude was up 27 cents, or 0.3%, at $88.81.

Oil prices rise from multi-month lows on supply shortage concerns
Updated On : 05 Aug 2022 | 4:39 PM IST

Rupee back to 78 levels vs dollar as FPIs return to Indian markets

The US dollar index, a measure of the currency against six major rival pairs, was at 105.67 around 6.15 pm IST on Tuesday. It had climbed to a 20-year high of 108.54 in late July

Rupee back to 78 levels vs dollar as FPIs return to Indian markets
Updated On : 02 Aug 2022 | 11:21 PM IST

Oil prices slip as global demand concerns weigh, OPEC+ meeting eyed

Surveys showed on Monday that factories across the United States, Europe and Asia struggled for momentum in July as flagging global demand and China's strict COVID-19 restrictions slowed production.

Oil prices slip as global demand concerns weigh, OPEC+ meeting eyed
Updated On : 02 Aug 2022 | 4:03 PM IST

Oil steady as economic slowdown worries offsets tight supplies, weak dollar

Brent futures for September delivery fell 14 cents, or 0.1%, to $106.13 a barrel by 10:48 a.m. EDT, while U.S. West Texas Intermediate (WTI) crude for August fell 27 cents, or 0.3%, to $102.33

Oil steady as economic slowdown worries offsets tight supplies, weak dollar
Updated On : 19 Jul 2022 | 11:33 PM IST

Windfall tax: Relief for product exports, not for upstream crude, says Citi

Petrol and diesel prices are down by $40-50 per barrel from month-ago levels

Windfall tax: Relief for product exports, not for upstream crude, says Citi
Updated On : 19 Jul 2022 | 1:24 PM IST

Oil jumps 2% as soft dollar and tight supply offset recession concerns

Brent crude futures for September settlement rose $2.44, or 2.4%, to $103.60 a barrel by 0900 GMT, having advanced by 2.1% on Friday.

Oil jumps 2% as soft dollar and tight supply offset recession concerns
Updated On : 18 Jul 2022 | 3:46 PM IST

Sensex snaps 3-day bull run, dips 87 pts; Airtel, TCS shed 5%, PSBs soar

CLOSING BELL: Adani Group shares rallied up to 12 per cent on the BSE in Monday's intra-day trade, in otherwise a weak market, amid the group's foray into telecom business

Sensex snaps 3-day bull run, dips 87 pts; Airtel, TCS shed 5%, PSBs soar
Updated On : 11 Jul 2022 | 3:38 PM IST

Sensex adds 428 pts, Nifty ends near 16,150; PSBs, OMCs rally; RIL down 1%

CLOSING BELL: It was, largely, a broad-based rally where the Nifty PSU Bank index advanced the most, up 3.4 per cent

Sensex adds 428 pts, Nifty ends near 16,150; PSBs, OMCs rally; RIL down 1%
Updated On : 07 Jul 2022 | 3:37 PM IST
Brent holds above $100 in tussle between supply and recession fears
Updated On : 07 Jul 2022 | 3:21 PM IST

Where are crude oil prices headed?

West Texas Intermediate, or WTI crude futures slipped below $100 a barrel mark for the first time since May 11 on Tuesday. Is the era of high oil prices getting over, or was that a temporary blip?

Where are crude oil prices headed?
Updated On : 07 Jul 2022 | 7:00 AM IST

Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%

Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.

Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%
Updated On : 06 Jul 2022 | 3:59 PM IST

Oil prices bounce back from Tuesday tumble as supply concerns return

Brent crude futures rose as much as $3.08, or 2.9%, to $105.85 a barrel in early trade after plunging 9.5% on Tuesday, the biggest daily drop since March

Oil prices bounce back from Tuesday tumble as supply concerns return
Updated On : 06 Jul 2022 | 9:43 AM IST