Page 54 - Crude Oil Price
Euro leaps parity on ECB to 3-week high, US stock futures eye higher open
The euro rose back above parity to a three-week high against the dollar on Friday following a large rate hike and hawkish comments from the European Central Bank
 "Euro leaps parity on ECB to 3-week high, US stock futures eye higher open")
Bonds, rupee strengthen as crude oil prices fall below $90 a barrel
Hope of global index inclusion drags down bond yields, FPI flows bolster rupee
 "Bonds, rupee strengthen as crude oil prices fall below $90 a barrel")
Putin says Russia to stop supplying energy if Western price caps imposed
Speaking at an economic forum in Vladivostok, Putin said European calls for a price cap on Russian gas were 'stupid', and would lead to higher global prices and economic problems in Europe
 "Putin says Russia to stop supplying energy if Western price caps imposed")
Oil slumps below $85 for first time since January on demand fear
US benchmark West Texas Intermediate sank below $85 while the global Brent benchmark fell below $90
 "Oil slumps below $85 for first time since January on demand fear")
Easing commodity prices, supply snags to lift auto ancillary stks: Analysts
Thus far in 2022, key raw materials used in automobile manufacturing like steel, iron ore, aluminum, nickel, and rubber have dropped in the range of 16 per cent to 45 per cent.
 "Easing commodity prices, supply snags to lift auto ancillary stks: Analysts")
OPEC+ cuts oil output, gas prices soar: What's next for investors?
OPEC+ meeting: While analysts said the current output cut is insignificant to move the needle on oil prices, they cautioned that more output cuts may push oil prices higher, impacting India
 "OPEC+ cuts oil output, gas prices soar: What's next for investors?")
Oil prices slide as demand fears return after OPEC-led rally on output cut
Oil fell after a two-day rally as concern returned about weaker demand and the prospect of more interest rate hikes, trumping support from OPEC+'s first output target cut since 2020
Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak
DreamFolks Services made a strong stock market debut as its shares got listed at Rs 508.70, a 56 per cent premium over its issue price of Rs 326 per share on the National Stock Exchange (NSE)
 "Sensex ends choppy day 49 pts down; DreamFolks rallies 42%; pvt banks weak")
In meeting on Russia's Far East, India to focus on expanding oil footprint
PM Modi to address by video four-day meeting of Eastern Economic Forum in Vladivostok
 "In meeting on Russia's Far East, India to focus on expanding oil footprint")
Rupee closes at 79.8 versus dollar amid rise in crude oil, hawkish Fed view
Rupee logs first weekly gain in four, outperforms all EM currencies
G-7 set to back plan to cap Russian oil price to ease market pressure
Once the G-7 support is official, diplomats will have to convince European Union member nations to amend its sixth round of sanctions on Russia over the invasion of Ukraine
 "G-7 set to back plan to cap Russian oil price to ease market pressure")
Sensex, Nifty end flat post volatile trade; ITC up 2%; Maruti, RIL dip 1%
CLOSING BELL: ITC, the biggest cigarette maker, and the second largest fast moving consumer goods (FMCG) company in India, regained the market capitalisation of Rs 4 trillion on Friday
 "Sensex, Nifty end flat post volatile trade; ITC up 2%; Maruti, RIL dip 1%")
Sensex sinks 770 pts, Nifty gives up 17,550 amid global sell-off; PSBs soar
CLOSING BELL: Reliance Industries tanked 3 per cent today, contributing nearly 30 per cent of the losses on the Sensex
 "Sensex sinks 770 pts, Nifty gives up 17,550 amid global sell-off; PSBs soar")
Crude oil is headed for longest slump since 2020 amid growth concerns
Bearish sentiment is mounting amid slowing economic growth for major oil consumer China while Fed officials reaffirmed their commitment to raising interest rates to cool rapid inflation
Oil prices fall 3% on recession fears; China factory data disappoints
Brent crude futures for October, due to expire on Wednesday, were down $3.56 at $95.75 a barrel following Tuesday's $5.78 loss
 "Oil prices fall 3% on recession fears; China factory data disappoints")
Oil recoups some losses on Tuesday on signs of firm US fuel demand
API data showed crude stocks rose by about 593,000 barrels, against analysts' estimates of a drop of around 1.5 million barrels
 "Oil recoups some losses on Tuesday on signs of firm US fuel demand")
Crude oil prices fall by over $3 on inflation worries, Iraq exports
Oil prices fell Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes
Sensex adds 1564pts, Nifty tops 17750 in broad-based rally; financials lead
CLOSING BELL: Benchmark indices clocked their biggest intra-day gain since May 20 as broad-based buying emerged across sectors
 "Sensex adds 1564pts, Nifty tops 17750 in broad-based rally; financials lead")
Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut
Oil prices rose more than $3 a barrel on Monday, extending last week's gain, as potential OPEC+ output cuts and conflict in Libya helped to offset a strong U.S. dollar
 "Oil prices jump over $3/barrel on prospect of OPEC-plus supply cut")
Crude oil prices edge higher on prospect of supply cut by OPEC-plus
Oil edged higher on Monday to extend last week's gains as potential OPEC+ output cuts and conflict in Libya helped to offset a strong US dollar and a dire outlook for US growth