Page 58 - Crude Oil

Crude oil, copper post sharp fall on MCX due to global uncertainty

Lead, nickel and zinc lose 3.5% each on expectations of uncertain demand; slight dip in bullion

Crude oil adds over 4%, gold and silver up as markets recover sharply

News of factories and showrooms in China reopening after several weeks of lockdown boosts sentiment

Oil to stay under pressure; eyes on fiscal measures to address coronavirus

On top of the virus-related demand concerns, oil markets are also contending with an imminent surge in supplies from Saudi Arabia and Russia as the two nations face off in a very public way

Barmer refinery will provide crude oil; import won't be needed: CM Gehlot

He held a detailed review of the refinery project and said that the work of various phases of the project should be completed on time

Oil extends losses as US Fed rate cut fails to soothe global markets

Oil prices have come under intense pressure on both demand and supply sides

Will the RBI cut rates today? Fiscal boost also needed to battle slowdown

The Reserve Bank of India is expected to hold a media interaction later in the day today. It is widely expected that the central bank will cut rates and announce measures to boost sentiment.

Oil falls for third straight day, Brent crude set for worst week since 1991

For the week, Brent is set to fall 28 per cent, the biggest weekly decline since the week of Jan. 18, 1991

Petrol, diesel prices reduced further for the fourth straight day

Petrol now costs Rs 70.14 per litre in Delhi, Rs 75.84 per litre in Mumbai, Rs 72.83 a litre in Kolkata and Rs 72.86 per litre in Chennai after the price cut

Coronavirus: Oil dips 6% after Trump announces travel ban on Europe

West Texas Intermediate slipped 6.2 per cent to $31 a barrel while Brent crude was off 5.8 per cent

Petrol and Diesel prices cut for third straight day even as brent recovers

Petrol in Delhi now costs Rs 70.29 per litre and diesel Rs 63.01 a litre

Oil firms promised billions to investors. Now what next after price crash?

Brent crude was trading at around $36 a barrel, down around 20 per cent by 16:45 GMT on Monday, when analysts lowered share price forecasts for top oil and gas producers

The oil crash

Govt should seize the opportunity to improve its finances

Oil rises over 6% after price war sparks biggest daily rout since 1991

Analysts do not expect oil prices to regain the nearly 25 per cent slump from Friday's close as the coronavirus outbreak cuts demand

Wall Street suffers biggest one-day loss since 2008 as investors panic

Benchmark 10-year US Treasury yields briefly sank to 0.318 per cent, a record low

Best of BS Opinion: The oil crash, SBI's YES Bank investment, and more

Here's a selection of Business Standard Opinion pieces for the day.

Oil price slump: Centre may not hike excise duty for petro products

For 2019-20, the Centre had estimated average crude price of $55 a barrel, and for 2020-21, it has been assumed at $50 a barrel.

After coronavirus, it's a crude shock: Markets see worst rout in 5 years

The Indian markets suffered their worst single-day rout in five years, with the benchmark indices falling 1,942 points and the rupee breaching 74 against the dollar.

Donald Trump blames oil fight, 'fake news' for stock market drop

Throughout his presidency, Trump has frequently pointed to rising stock prices and record-high market indexes as a signal of the American economy's health.

Crude collapse exposes Big Oil's weak points as valuations crash

Producers have cut costs, sold assets and canceled projects to repair balance sheets following crude's 2014-17 slump.

Low oil prices good for importing countries like India: HPCL chairman

What happened in China is, to some extent, related to COVID-19, but (the fall in oil price) is independent in its own ways