Page 18 - Crude Oil Prices

Saudi Aramco gets $8 billion with jumbo five-part bond deal: Report

The move is part of an onslaught on international debt markets by Gulf issuers seeking to plug finances hit by the pandemic and weak oil prices

ONGC Q2 net profit down 55% at Rs 2,878 cr due to lower crude oil price

Similarly, gross revenues declined 30.9 per cent to Rs 16,917 crore against Rs 24,493 crore in FY20

No change in petrol, diesel rates even as global oil prices soften

Global crude prices have remained around $40 a barrel

Rupee settles seven paise lower at 74.15 against US dollar

Higher crude oil prices also put pressure on the Indian currency

US oil drops as Covid-19 pandemic rages while US vote counting continues

US oil fell nearly 1% as new lockdowns went into affect in Europe raising questions over demand for crude, while ballots were still being counted in the US election, keeping markets on edge

Oil falls over 1% as markets whipsawed by US election uncertainty

Oil dropped as Democrat Joe Biden edged closer to the White House but the Republicans look likely to retain Senate control, decreasing the chances of any huge Covid-19 relief package

Oil climbs as US stockpiles shrink, election uncertainty looms over market

West Texas Intermediate was up 71 cents, or 1.9%, at $38.37 a barrel by 0157 GMT, having gained more than $1 earlier in the day

Oil plunges over 5% as pandemic surges, US crude stockpiles, output soar

Also weighing on the market, US crude stockpiles rose more than expected last week as production surged in a record build

Oil slips as Covid-19 may force Russia to support extending output cuts

Brent crude rose 6 cents, or 0.1%, to $42.52 a barrel by 0810 GMT having risen 1.7% on Thursday. U.S. crude fell 7 cents, or 0.2%, to $40.57

Petrol, diesel prices unchanged, crude oil prices firms after fall

Diesel and petrol prices remained unchanged on Tuesday with oil marketing extending the pause after reducing fuel prices, particularly diesel, for the past several days

OMC stocks come under pressure over muted demand, weak refining margins

Rising Covid-19 cases in India and talks of a second wave of the pandemic globally are adding to concerns on demand for petroleum products moving forward

India tops up strategic reserves with cheaper crude, saves over $685 mn

The state-funded reserves are meant to tide over short-term supply disruptions and will take care of India's oil needs for 9.5 days

Covid-19: Opec sees weaker outlook as demand falters, shale recovers

Oil prices slipped further below $40 a barrel in London on Monday, close to their lowest in more than two months

ONGC, OIL earnings hinge on upside in crude prices as production stagnates

With not much upside in output and gas prices weak, earnings are expected to be under pressure

Oil holds near $44/barrel, heads for biggest weekly drop on demand concerns

Brent crude, the international benchmark, was up 5 cents, or 0.1%, to $44.12 at 0745 GMT, heading for a 2.3% drop this week

Oil prices edge up on global stimulus support despite ample supplies

Brent crude futures for November climbed 27 cents, or 0.6%, to $46.08 a barrel by 0038 GMT

Oil prices up on storm-hit US output and Covid-19 treatment hopes

Brent crude was up 53 cents, or 1.2%, at $44.88 a barrel by 11:22 a.m. EDT (1522 GMT). U.S. West Texas Intermediate crude rose 28 cents, or 0.7%, to $42.62

Oil rises after surprise drop in US inventories offsets demand concerns

Inventories of crude oil in the US dropped by 6.8 million barrels last week to 531 million barrels, data showed

Apple market capitalisation closes in on Saudi Aramco's as No. 1 in world

Apple gained as much as 4.2% on Monday for a market capitalization above $1.70 trillion, trailing Saudi Aramco at about $1.78 trillion based on current exchange rates.

Multiple risks may cap uptick in TVS Motor stock as Covid, crude weigh

Stock more vulnerable than peers, given weak margins, volumes