Page 44 - Crude Oil

After US request, Japan considering release of state oil reserves: Report

Japan is considering the unprecedented release of state oil reserves after a request from Washington

Oil drops below $80 on amid fresh surge of Covid-19 cases in Europe

Brent crude was down $2.44, or 3%, at $78.80 a barrel by 1110 GMT, its lowest since early October, after earlier rising to as high as $82.24

Oil at six-week low as China readies crude oil reserve release

Brent crude was down 83 cents, or 1%, to $79.87 a barrel by 0749 GMT, after earlier dropping to $79.28, the lowest since Oct. 7

Oil slumps, hitting six-week lows on revived supply concerns

The declines took Brent to its lowest close since October 1 and US crude to its lowest settlement since October 7

Oil prices on track for weekly dip as dollar continues to gain

US West Texas Intermediate crude futures fell 61 cents, or 0.8%, to $80.98 a barrel at 0749 GMT, reversing Thursday's 25 cent gain

Larger-than-expected Saudi crude price hikes to Asia bullish for markets

Brent and U.S. West Texas Intermediate crude futures gained more than $1 on Monday following Saudi's announcement

Oil India aims to increase crude output by over 30% in FY24: Chairman

In a Q&A, Sushil Chandra Mishra says the company hopes to pay off long-term debt raised for NRL stake buy if crude oil rally sustains

Oil drops on China fuel reserves release; OPEC+ meeting in view

Brent crude futures dropped 46 cents, or 0.6%, to $83.26 a barrel by 0746 GMT

Sept core sector growth drops to 4.4% YoY as rains affect infra activity

Core sector rose 16.6 per cent in the first half of the current financial year against a contraction of 14.5 per cent in the corresponding period of the previous year

Oil plunges to 2-week low on US inventory shock, rise in Covid-19 cases

Brent crude dropped 94 cents, or 1.1%, to $83.64 a barrel by 0655 GMT

ExxonMobil and ONGC to extend partnership to Andaman offshore

Private refiners such as Reliance and Nayara Energy command over a third of India's total crude oil refining capacity

India makes a quick buck by selling some cheaply bought crude to MRPL

India imports roughly 226 MT (1,656.58 million barrels) of crude oil every year. This meets around 84 per cent of India's total crude oil requirement.

Oil prices slip after hitting seven-year high on surprise stockpiles drop

Crude inventories at the key storage hub of Cushing slid by 2.32 million barrels to the lowest level since 2018

Sovereign wealth fund flows likely to rise on oil bounty, shows data

There's correlation between oil prices and sovereign fund flows, but experts say lot depends on trade balance

Oil gains from highest close since 2014 as US dollar falls

The Brent crude benchmark rose 34 cents to $84.67 a barrel

India to push for lower price at CERAWeek as crude oil hits $85 a barrel

India will be anchoring the international meeting, which will be attended by representatives from the world's largest oil producer, Saudi Arabia and Opec

Energy crisis threatens global economic recovery, says IEA

Oil and natural gas prices have soared to multi-year highs recently, sending power prices surging to record levels as widespread energy shortages engulf Asia and Europe

Oil eases on profit taking, demand jitters; stays near highest in years

Prices came under pressure early when China, the world's biggest crude importer, released data showing September imports fell 15% from a year earlier

Global energy crisis spurs scramble for prized diesel-rich crude

Diesel and fuel oil are expected to be the main oil-product beneficiaries of the crunch that's roiling Asia and Europe

Oil prices fall on fears faltering economic growth to hit demand

Brent crude futures were down 76 cents, or 0.9%, at $82.66 a barrel at 1406 GMT. US West Texas Intermediate (WTI) crude futures fell 80 cents or 0.9% to $79.84 a barrel.