Page 54 - Crude Oil Price

Russia's share of India's June oil imports surges to record 950,000 bpd

NEW DELHI (Reuters) - India's oil imports from Russia surged to a record of around 950,000 barrels per day (bpd) in June, accounting for nearly a fifth of overall imports by the world's third largest oil consumer, data provided by trade sources showed.

Oil drops as new Omicron subvariant case in Shanghai rattles market

Oil prices fall as fresh Omicron cases in China's Shanghai raises lockdown fears

Will easing farm commodity prices provide room to RBI to pause rate hikes?

While the govt has introduced windfall tax and export curbs to arrest runaway prices, a lot depends on how the monsoon pans out this season

Oil heads for weekly loss as growth fears trump supply tightness

Investors remain concerned that restrictive US monetary policy could herald a recession, and oil has been dragged lower alongside other commodities

Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali refinery

Last year IOC had signed an MoU with Gujarat for adding petrochemical and lube plants to its previously announced plans to expand crude oil processing capacity at the refinery

Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers

CLOSING BELL: L&T, PowerGrid, NTPC, ICICI Bank, DR Reddy's Labs, Axis Bank, Bharti Airtel, and Nestle India were the top large-cap gainers

Oil prices rise by over $5 as tight supply outweighs recession fears

Traders are bracing for oil supply disruptions at the Caspian Pipeline Consortium, which has been told by a Russian court to suspend activity for 30 days

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

TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment

Why's there a growing unease between the govt and Big Tech in India? Why have SEZs not taken off in India? Where are crude oil prices headed? How to apply for an IPO and check allotment? Answers here.

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?

UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports

Company says it is replacing shortfall by maximising indigenous diesel production

RBI takes steps to attract foreign flows, says growth prospects stay strong

RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever

RBI takes steps to attract foreign flows, says growth prospects stay strong

RBI said that despite the headwinds from geopolitical developments, elevated crude oil prices and tighter external financial conditions, high frequency indicators point to an ongoing recovery in sever

Oil prices drop to 12-week low on recession, Covid worries

Dollar holds near 20-year high against other currencies; China reports new Covid cases across the country; Norwegian oil output to return within days after strike

Oil prices rebound from Tuesday tumble as supply concerns regain footing

Oil prices have risen owing to supply concerns worldwide

Rupee rises 3 paise to close at 79.30 against USD as oil prices fall

The rupee recovered from its all-time low to close 3 paise higher at 79.30 (provisional) against the US dollar on Wednesday after a sharp fall in crude oil and foreign fund inflows.

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.

Oil India, ONGC tank up to 33% in 1 week on windfall tax, fall in Brent oil

Oil India was down 8 per cent at Rs 176, while ONGC shed 6 per cent in traes on Wednesday.

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

MCX Crude Oil futures may drop to Rs 7,100; Natural Gas in oversold zone

The MCX Crude Oil has near support at Rs 7,740, below which it can slide towards the 200-DMA at Rs 7,100. Natural Gas may test Rs 410-odd level, while a bounce to Rs 500-odd level cannot be ruled out.