Page 2 - Brent Oil
Crude oil rally gathers momentum as Brent pops above $96 a barrel
Crude has soared by about a quarter since mid-June, with Riyadh and Moscow joining hands to curtail exports in a bid to drain inventories and drive a rebound in prices
 "Crude oil rally gathers momentum as Brent pops above $96 a barrel")
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
 "Brent oil hovers above $80 per barrel after US inflation eases: Report")
Sensex climbs 240pts, Nifty ends near 18,600 on firm global cues; M&M up 4%
Stock market live updates: The SGX Nifty, on Monday, eyed a steady start amidst positive global cues as it rose over 50 points to 18,717 levels
 "Sensex climbs 240pts, Nifty ends near 18,600 on firm global cues; M&M up 4%")
Sensex extends rally to eighth day, ends 242 pts up; Auto, IT stocks shine
Stock market live: Market action will be guided by global cues following the takeover of the fallen US lender First Republic Bank on Monday by JP Morgan Chase
 "Sensex extends rally to eighth day, ends 242 pts up; Auto, IT stocks shine")
Crude oil can hit $100 a barrel if production cuts continue: Analysts
Others, too, believe that $100 a barrel could become a reality
 "Crude oil can hit $100 a barrel if production cuts continue: Analysts")
Brent oil falls on fears of global economic slowdown, rate hike fears
Oil on Monday rose by more than 1% on optimism over Chinese demand, which analysts expect to rebound this year after COVID-19 curbs that had limited use were scrapped
 "Brent oil falls on fears of global economic slowdown, rate hike fears")
Crude oil prices can rise up to $110 a barrel in 2023, say analysts
Brent crude oil prices have slipped nearly 15 per cent in the last few weeks, from a peak of around $98 a barrel to a little over $83 a barrel now despite OPEC+ cutting supply
 "Crude oil prices can rise up to $110 a barrel in 2023, say analysts")
Brent oil climbs above $100 a barrel amid talk about OPEC output cuts
Brent for October settlement reached a three-week high, trading up $1.30, or 1.3%, at $101.52 a barrel by 0850 GMT. U.S. crude was up $1.18, or 1.3%, at $94.92 a barrel.
 "Brent oil climbs above $100 a barrel amid talk about OPEC output cuts")
Oil up 3% on account of robust US crude stocks data, tight supply outlook
Prices rose more than 1% during the previous session, although Brent at one point fell to its lowest since February, as signs of a slowdown mounted in some places
 "Oil up 3% on account of robust US crude stocks data, tight supply outlook")
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")
 "Brent holds above $100 in tussle between supply and recession fears")
Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip
CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent
 "Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip")
Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes
The easing of China's COVID-19 lockdowns also supported prices, as investors grew more optimistic about demand from the world's second-largest economy.
 "Oil rises to 7-week high on EU's Russian oil ban effort, demand hopes")
Analysts caution against betting on crude-dependent chemical stocks
The Russia-Ukraine crisis has sprung up worries for the sector yet again as analysts say margins of chemical companies will be impacted due to the rise in prices of crude oil
 "Analysts caution against betting on crude-dependent chemical stocks")
Credit Suisse downgrades India to underweight on soaring crude oil prices
Brent crude of $120 a barrel, Credit Suisse estimates, could add $60 billion to India's import bill. Price rises for gas, coal, edible oils and fertilisers could add another $35 billion.
 "Credit Suisse downgrades India to underweight on soaring crude oil prices")
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
 "Russia-Ukraine crisis: India economy to be among worst hit in Asia - Nomura")
Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts
Though analysts believe diplomatic efforts will continue leading to a stabilisation and an eventual easing of these tensions, it may take several months for this to happen
 "Oil prices can hit $125 a barrel if Russia-Ukraine crisis worsens: Analysts")
Oil extends rally on supply tightness, Brent at more than 3-year high
Oil prices rose on Monday, with Brent crude futures at their highest in more than three years, as investors bet supply will remain tight amid restrained output
 "Oil extends rally on supply tightness, Brent at more than 3-year high")
Brent slumps under $80 as investors wary of new variant, Q1 surplus
Oil fell in tandem with other financial markets on fears that the new variant could slow economic growth and restrict movement again
 "Brent slumps under $80 as investors wary of new variant, Q1 surplus")
Oil cools off highs as leaders' comments reignite Covid-19 fears
Brent still trading near three-year high; WTI set for ninth weekly gain
 "Oil cools off highs as leaders' comments reignite Covid-19 fears")
