Page 36 - Crude Oil Price
Markets at new high! Sensex hits 64K, ends 499 pts up; Nifty tests 19K
CLOSING BELL ON JUNE 28, 2023: The BSE Sensex hit a new all-time high at 64,050; Nifty at 19,011 and Bank Nifty at 44,508 on Wednesday.
 "Markets at new high! Sensex hits 64K, ends 499 pts up; Nifty tests 19K")
HDFC merger boost lifts Sensex 446 pts; Nifty ends atop 18,800; VIX down 6%
CLOSING BELL ON JUNE 27, 2023: HDFC-HDFC Bank set July 01 as the merger date; stocks end with gains of around 1.5 per cent each. Cyient DLM IPO sails through on Day 1, subscribed 1.9x as of 3:50 PM.
 "HDFC merger boost lifts Sensex 446 pts; Nifty ends atop 18,800; VIX down 6%")
Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x
CLOSING BELL ON JUNE 26, 2023: The Sensex ended on a flat note, down 9 points, while the NSE Nifty 50 gained 26 points in trade on Monday.
 "Auto, Pharma stocks shine in lacklustre trade; IdeaForge IPO subscribed 3x")
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")
Kuwait crude oil price rises $2.07 to $77.11 per barrel, says KPC
The Kuwaiti crude oil price rose by USD 2.07 during Friday's trading sessions to reach USD 77.11 per barrel, compared with USD 75.04 pb the day before, Kuwait News Agency (KUNA) quoted KPC as saying
 "Kuwait crude oil price rises $2.07 to $77.11 per barrel, says KPC")
Crude oil slumps on demand concerns amid rising rates offset supply cuts
Brent crude fell 49 cents, or 0.7%, to $75.18 a barrel by 1005 GMT while U.S. West Texas Intermediate (WTI) crude slipped 63 cents, or 0.9%, to $69.99
 "Crude oil slumps on demand concerns amid rising rates offset supply cuts")
Sensex dips for 2nd day, falls 223pts; Nifty gives up 18,600; IEX tanks 10%
CLOSING BELL, JUNE 9, 2023: Tata Steel, HUL, State Bank of India (SBI), Infosys, HCL Tech, Asian Paints, ITC, TCS, and RIL were the top laggards
 "Sensex dips for 2nd day, falls 223pts; Nifty gives up 18,600; IEX tanks 10%")
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")
Sensex, Nifty stage smart recovery in fag-end; IT stocks weak, auto rally
Stock market live updates: Tracking weak global handover, the SGX Nifty, on Tuesday, indicated a subdued start as it quoted 18,694 levels, down 31-odd points
 "Sensex, Nifty stage smart recovery in fag-end; IT stocks weak, auto rally")
Saudi Arabia raises July flagship crude price for Asia to 6-month high
The official selling price (OSP) for July-loading Arab Light to Asia was increased by 45 cents a barrel from June to $3.00 a barrel over Oman/Dubai quotes
 "Saudi Arabia raises July flagship crude price for Asia to 6-month high")
Oil prices rise on Saudi Arabia plan to deepen output cuts from July
OPEC+ meeting and Saudi cuts could boost prices, say analysts
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%")
India's import of discounted Russian crude hits all-time high in May
Russian oil supplies exceeded the combined shipments of the next six biggest shippers, including Iraq, Saudi Arabia, Mexico, UAE, Kuwait and the US in May
 "India's import of discounted Russian crude hits all-time high in May")
Sensex zooms 629 pts, Nifty ends at 18,500; RIL, Sun Pharma jump up to 3%
Stock market live updates: The SGX Nifty, on Friday, indicated a muted open for benchmark indices as it stood around 18,423 levels, down 43-odd points, amidst mixed sentiments across global markets
 "Sensex zooms 629 pts, Nifty ends at 18,500; RIL, Sun Pharma jump up to 3%")
Nifty ends May F&O series above 18,300; Sensex gains 99 points
Stock market live updates: The SGX Nifty, on Thursday, signaled at negative start for the bourses as it stood around 18,270 levels, down 14-odd points
 "Nifty ends May F&O series above 18,300; Sensex gains 99 points")
Sensex drops 208 pts, Nifty below 18,300; metal, financial stocks weak
CLOSING BELL: Adani Enterprises fell over 6 per cent, while Adani Ports, Tata Motors, HDFC, HDFC Bank, ICICI Bank, Reliance Industries, HUL, and Asian Paints declined up to 2 per cent
 "Sensex drops 208 pts, Nifty below 18,300; metal, financial stocks weak")
Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%
Stock market live updates: The SGX Nifty, on Tuesday, indicated a firm start as it quoted 18,359 levels, up 24-odd points
 "Sensex, Nifty end flat; Adani shares rally for 3rd day, SpiceJet sinks 14%")
Refinery rejig: Why is India steadily raising petrochemicals capacity
Estimates for the sector are bullish for a decade but it is not an easy business to run, say experts
 "Refinery rejig: Why is India steadily raising petrochemicals capacity")
IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%
Stock market live updates: The SGX Nifty, on Monday, signalled a muted start as it stood at 18,211 levels, down 28-odd points
 "IT stocks spark 234-pt rally in Sensex; Nifty tops 18,300; Adani Ent up 20%")