Page 60 - Crude Oil Price
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
 "Will easing farm commodity prices provide room to RBI to pause rate hikes?")
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
 "Oil heads for weekly loss as growth fears trump supply tightness")
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
 "Nuberg Engineering to build Rs 650 cr SRU project at IOCL's Koyali 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
 "Sensex up 303 pts, Nifty tops 16,200; banks, FMCG shine; metals sole losers")
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
 "Oil prices rise by over $5 as tight supply outweighs recession fears")
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
 "Sensex adds 428 pts, Nifty ends near 16,150; PSBs, OMCs rally; RIL down 1%")
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.
 "TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment")
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
 "UK's Essar Oil posts higher Q1 sales, ceases Russian oil imports")
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 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 drop to 12-week low on recession, Covid worries")
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.
 "Rupee rises 3 paise to close at 79.30 against USD as oil prices fall")
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.
 "Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%")
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.
 "MCX Crude Oil futures may drop to Rs 7,100; Natural Gas in oversold zone")
Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low
Stock market LIVE updates: As of 7:28 AM, the SGX Nifty Futures quoted 15,881 levels, hinting an upside of 46-odd points on the Nifty50.
 "Sensex falls 732 pts from day's high, ends 100 pts down; Rupee at new low")
Govt to review windfall tax on crude oil and fuel exports every fortnight
The review is based on the premise that if crude prices fall, then windfall gains will cease and new taxes would be rollback
 "Govt to review windfall tax on crude oil and fuel exports every fortnight")