Page 104 - Crude Oil Price

The other casualty of Covid-19

COVID-19 will cause no less a disruption to the economy than the goods and services tax has done

Coronavirus outbreak: Gold selling at huge discount over weak demand

Silver quoting at a premium following scarcity: Crude oil, metals jump

Crude oil, copper post sharp fall on MCX due to global uncertainty

Lead, nickel and zinc lose 3.5% each on expectations of uncertain demand; slight dip in bullion

Fuel sales tax hike double whammy for struggling road transporters

The only reprieve for transporters in the near to medium term is a bumper rabi crop, the harvesting of which has begun.

Fuel price unchanged for 4th straight day: Check petrol, diesel rate today

Petrol costs Rs 69.59 per litre in New Delhi, Rs 72.29 in Kolkata, while in Mumbai, the petrol is priced at Rs 75.30.

Here's why your fuel bill hasn't fallen much despite tumbling crude prices

Even if the daily price cut on petrol and diesel remains between 15 and 30 paisa till April 1, the marketing margin will remain high at Rs 8-10 per litre.

Oil soars 20% intra-day; gold remains lusterless amid coronavirus fear

Metal prices declined between 3 per cent and 6 per cent on the Multi Commodity Exchange (MCX), toeing global move as selling pressure

Brent crashes to 17-year low in global markets as analysts see free fall

Silver spot delivery at a huge premium: gold:silver ratio at a high of 121, indicating extreme weakness in silver

As coronavirus outbreak destroys fuel demand, global refiners consider cuts

Traders, all speaking on condition of anonymity, said it was extremely difficult for refiners to plan their run rates because the situation changes every day

As coronavirus destroys fuel demand, global refiners consider cuts

Gasoline demand in the United States, the world's largest oil consumer, is plunging. International flights are being grounded worldwide, slamming jet fuel demand

Oil sinks below $30 as recession fears weigh amid coronavirus pandemic

Brent crude slipped 1.5% to $29.57 a barrel at 1316 GMT, having earlier touched $29.44, the lowest since January 2016

India plans to fill strategic petroleum reserves with cheap Saudi, UAE oil

Leading OPEC producers Saudi Arabia and Abu Dhabi have said they will increase output while cutting prices, giving big consumers the chance to fill up at discounted prices

Oil extends losses as US Fed rate cut fails to soothe global markets

Oil prices have come under intense pressure on both demand and supply sides

Petrol, diesel prices cut for a third straight day as crude oil softens 5%

Delhi has the lowest fuel prices among metros because of lower state taxes

Saudi Aramco to cut capital spending over coronavirus; 2019 profits plunge

The 21% decline in net profit for last year means it fell short of analysts' forecasts for the period that culminated in the share sale, months before the coronavirus pandemic became a factor for oil

Coping during uncertain times

The fear of a severe economic impact from the pandemic hit the financial markets that had ignored interest rate cuts by central banks in many major economies

What kind of bear market is this?

Are the markets overreacting? On Friday, the Indian markets were locked in the lower circuit on opening and leading to a mandatory halt in trading for 45 minutes

Stresses, known and unknown

Global financial market stress driving market volatility; economic impact of coronavirus and drop in oil prices remain uncertain

Excise duty hike on petrol, diesel to add Rs 43,000 cr to govt revenue

Additional revenue will help govt meet its FY21 target of bringing down the fiscal deficit to 3.5% of GDP

Oil posts biggest weekly losses since 2008, hit by virus and price war

The rare combination of severe shocks to both supply and demand has caused the crude market to collapse