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Page 82 - Crude Oil Price

Royal Dutch Shell's oil trading earnings double in 2020 to $2.6 billion

Shell's oil trading operations, known internally as Trading & Supply, accounted for 43% of the Oil Products division's total earnings of $5.995 billion in 2020

Royal Dutch Shell's oil trading earnings double in 2020 to $2.6 billion
Updated On : 12 Mar 2021 | 8:20 PM IST

It's time Gulf Arab States look away from Oil and find new revenue sources

We are approaching an energy inflection point in the global economy: plentiful oil supply, a demand plateau by 2030 and more competitive renewable-energy options

It's time Gulf Arab States look away from Oil and find new revenue sources
Updated On : 12 Mar 2021 | 11:57 AM IST

Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47

In Mumbai, petrol price stood at Rs 97.57 per litre--the same since Feb 27

Petrol stable at Rs 91.17 in New Delhi since two weeks, diesel at Rs 81.47
Updated On : 12 Mar 2021 | 9:14 AM IST

Crude oil prices rise on economic outlook, drawdown in fuel stocks

Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92

Crude oil prices rise on economic outlook, drawdown in fuel stocks
Updated On : 11 Mar 2021 | 8:03 AM IST

Oil ticks up on global economic outlook, plummeting US fuel inventories

NEW YORK (Reuters) - Oil prices rose on Wednesday on an upbeat forecast for global economic recovery and as U.S. gasoline inventories plummeted, but prices were limited due to a surge in crude oil inventories in the aftermath of last month's Texas winter storm.

Oil ticks up on global economic outlook, plummeting US fuel inventories
Updated On : 11 Mar 2021 | 2:51 AM IST

Demand-driven rise in crude oil prices is good for equity markets: Analysts

From around $35 a barrel on March 13, 2020, Brent oil prices have jumped 91 per cent to around $67 a barrel now

Demand-driven rise in crude oil prices is good for equity markets: Analysts
Updated On : 10 Mar 2021 | 9:59 PM IST

Oil rises on OPEC+ supply restraint and brighter economic forecast

Brent crude rose 34 cents, or 0.5%, to $67.86 a barrel by 1310 GMT and U.S. West Texas Intermediate crude rose 51 cents, or 0.8%, to $64.52

Oil rises on OPEC+ supply restraint and brighter economic forecast
Updated On : 10 Mar 2021 | 8:10 PM IST

Oil price slips below $68 as rally fizzles out before US supply report

Oil fell to around $68 a barrel on Tuesday, pressured as concerns faded of a supply disruption in Saudi, which countered a pause in dollar's rally and prospects for tighter supply due to OPEC+ curbs

Oil price slips below $68 as rally fizzles out before US supply report
Updated On : 10 Mar 2021 | 9:53 AM IST

Oil slips to $68 as rally fizzles out before US supply report

NEW YORK (Reuters) - Oil fell to around $68 a barrel on Tuesday in a choppy session, as easing concerns of a supply disruption in Saudi Arabia and U.S. dollar strength countered the prospects for tighter supply due to OPEC+ output curbs.

Oil slips to $68 as rally fizzles out before US supply report
Updated On : 10 Mar 2021 | 3:20 AM IST

Saudi oil hawkishness speeds Indian plan to seek alternatives

India would prefer an oil price in the $50 to $60 a barrel range, says HPCL chairman Mukesh Kumar Surana

Saudi oil hawkishness speeds Indian plan to seek alternatives
Updated On : 09 Mar 2021 | 7:35 PM IST

Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%

The broader markets were under pressure today with the S&P BSE MidCap and SmallCap indices closing 0.6 per cent and 0.4 per cent down, respectively

Financials lead in Sensex's 584 pts rally, tops 51K; BPCL dips 4.5%
Updated On : 09 Mar 2021 | 3:39 PM IST

Oil nearing $70 worries consumer nations, may hamper economic recovery

Consuming nations will bear the cost of pricier energy, potentially fanning inflation and hurting their recoveries

Oil nearing $70 worries consumer nations, may hamper economic recovery
Updated On : 09 Mar 2021 | 8:09 AM IST

Stock markets eke out gains amid bond yield, crude oil price concerns

Market sentiment tracked global shares, which were mixed as initial optimism over the US Senate's passing of a $1.9 trillion stimulus bill gave way to inflation fears

Stock markets eke out gains amid bond yield, crude oil price concerns
Updated On : 09 Mar 2021 | 1:48 AM IST

Rupee slumps by 23 paise on strong dollar, high crude prices

The Rupee extended its losses for the third session in a row

Rupee slumps by 23 paise on strong dollar, high crude prices
Updated On : 08 Mar 2021 | 6:09 PM IST

World shares ease as bond yields and oil prices ring inflation alarm

Chinese stocks posted their biggest decline in seven months

World shares ease as bond yields and oil prices ring inflation alarm
Updated On : 08 Mar 2021 | 3:43 PM IST

ONGC, IOC, GSPL: Crude hits $71; is it time to focus on oil-related stocks?

ONGC and GSPL have registered a breakout and may surge over 20 per cent in the coming sessions, charts show

ONGC, IOC, GSPL: Crude hits $71; is it time to focus on oil-related stocks?
Updated On : 08 Mar 2021 | 11:53 AM IST

Oil surges after OPEC+ decide not to increase supply, strong US jobs growth

Brent futures rose $2.62, or 3.9%, to settle at $69.36 a barrel. The session high for the global benchmark was its highest since January 2020

Oil surges after OPEC+ decide not to increase supply, strong US jobs growth
Updated On : 06 Mar 2021 | 8:48 AM IST

Oil prices hit almost 14-month high after OPEC+ extends output cuts

Brent crude futures were up $1.75, or 2.6%, at $68.49 a barrel by 1250 GMT and U.S. West Texas Intermediate (WTI) crude futures climbed $1.49, or 2.3%, to $65.32

Oil prices hit almost 14-month high after OPEC+ extends output cuts
Updated On : 06 Mar 2021 | 12:59 AM IST

Oil prices climb as OPEC+ extends output cuts into April

Brent crude futures for May rose 83 cents, or 1.2%, to $67.57 a barrel at 0609 GMT

Oil prices climb as OPEC+ extends output cuts into April
Updated On : 05 Mar 2021 | 3:48 PM IST

OPEC+ allows non-blocs Russia, Kazakhstan to raise output in April

The Organization of Petroleum Exporting Countries (OPEC) and non-bloc producers agreed to allow Russia and Kazakhstan to raise oil output in April

OPEC+ allows non-blocs Russia, Kazakhstan to raise output in April
Updated On : 05 Mar 2021 | 7:32 AM IST