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Page 62 - Crude Oil

As Opec-Russia meet in Vienna this week, here are some possible outcomes

They have the broad outlines of a deal after Russia and Saudi Arabia agreed over the weekend to extend their cooperation into 2019, but details are lacking

As Opec-Russia meet in Vienna this week, here are some possible outcomes
Updated On : 04 Dec 2018 | 12:02 PM IST

Limited impact of Qatar's withdrawal from Opec, say analysts

While Qatar is one of Opec's smallest oil producers, when compared to the likes of the cartel's de facto leader Saudi Arabia, it is one of the world's largest producers of liquefied natural gas (LNG)

Limited impact of Qatar's withdrawal from Opec, say analysts
Updated On : 03 Dec 2018 | 11:06 PM IST

Qatar to exit Opec in Jan 2019 to expand its role internationally: Minister

The decision to withdraw from OPEC came after Qatar reviewed ways plan its long-term strategy

Qatar to exit Opec in Jan 2019 to expand its role internationally: Minister
Updated On : 03 Dec 2018 | 1:04 PM IST

Oil rises by 4% on news of US-China trade truce ahead of Opec meeting

US West Texas Intermediate (WTI) crude futures were at $53 per barrel at 0125 GMT, up $2.07 per barrel, or 4.1 per cent from their last close

Oil rises by 4% on news of US-China trade truce ahead of Opec meeting
Updated On : 03 Dec 2018 | 8:03 AM IST

Investors play it safe on crude ahead of make-or-break week for oil markets

Oil spiraled to its worst monthly loss in a decade in November, beset by worries about a looming global supply glut

Investors play it safe on crude ahead of make-or-break week for oil markets
Updated On : 01 Dec 2018 | 9:47 AM IST

Crude oil speculative positions rise sharply following price fall

While the commodity has fallen significantly in the short term, reports of slowing global growth and likelihood of Opec cutting output in its December 6 meet aren't allowing recovery

Crude oil speculative positions rise sharply following price fall
Updated On : 27 Nov 2018 | 1:18 AM IST

Even $1 rise in crude can inflate import bill by Rs 61.6 bn: India Ratings

According to the ratings agency, if the organisation of the petroleum exporting countries (Opec) and its allies decide to hold their supply, oil prices are likely to rebound

Even $1 rise in crude can inflate import bill by Rs 61.6 bn: India Ratings
Updated On : 24 Nov 2018 | 2:23 AM IST

US oil prices fall by over 1 per cent amid bleak economic outlook

US West Texas Intermediate (WTI) crude futures, were at $53.83 per barrel at 0029 GMT, 80 cents, or 1.5 per cent below their last settlement

US oil prices fall by over 1 per cent amid bleak economic outlook
Updated On : 23 Nov 2018 | 11:26 PM IST

Investors flee oil in droves over stock rout, doubts on OPEC's commitment

Since hitting a four-year high in early October, crude prices have now crashed about 30 percent

Investors flee oil in droves over stock rout, doubts on OPEC's commitment
Updated On : 21 Nov 2018 | 7:48 AM IST

India's crude oil import jumps 10.5% in Oct, hits highest level in 7 years

Imports rose as many refiners resumed purchases after maintenance of units

India's crude oil import jumps 10.5% in Oct, hits highest level in 7 years
Updated On : 21 Nov 2018 | 7:15 AM IST

Crude oil futures up 0.52 per cent to Rs 4,091 on firm trend overseas

Analysts said rise in crude oil futures was largely in tandem with prices rising in global market

Crude oil futures up 0.52 per cent to Rs 4,091 on firm trend overseas
Updated On : 16 Nov 2018 | 1:11 PM IST

Why global funds are once again warming up to India's sovereign bonds

Overseas holdings have risen Rs 80.1 billion ($1.1 billion) in the previous three weeks, data from the Clearing Corporation of India Ltd. show

Why global funds are once again warming up to India's sovereign bonds
Updated On : 14 Nov 2018 | 12:44 PM IST

Oil prices fall below $70 a barrel as US crude enters 'bear market'

Oil prices are being hit by the double whammy of rising supplies and demand concerns

Oil prices fall below $70 a barrel as US crude enters 'bear market'
Updated On : 10 Nov 2018 | 12:24 AM IST

Oil prices dip on worries of economic slowdown, Iran sanctions, trade war

Analysts said expectations of an economic slowdown in coming months was outweighing supply-side risks to crude markets

Oil prices dip on worries of economic slowdown, Iran sanctions, trade war
Updated On : 06 Nov 2018 | 7:16 AM IST

As drilling spreads, Africa sees benefit from recovery in crude oil prices

The rigs are returning and wildcatters are getting excited again after a years-long hiatus during the oil-price slump

As drilling spreads, Africa sees benefit from recovery in crude oil prices
Updated On : 06 Nov 2018 | 7:03 AM IST

India may continue buying crude oil from Iran and evade US sanctions

India close to winning US sanction waiver on Iran oil

India may continue buying crude oil from Iran and evade US sanctions
Updated On : 02 Nov 2018 | 8:23 AM IST

Despite crude's recovery, oil majors observe retraint from lavish spending

That slump appears to be over after crude's recent gains amid supply threats across the globe

Despite crude's recovery, oil majors observe retraint from lavish spending
Updated On : 26 Oct 2018 | 2:29 PM IST

Crude oil the catch for India's bonds after inflation offers relief

India's sovereign bonds, which have dropped in 10 of the previous 12 months, rebounded in the past three days

Crude oil the catch for India's bonds after inflation offers relief
Updated On : 15 Oct 2018 | 10:14 AM IST

Russia, Saudi pump an extra 1 mn barrels of oil per day, market unmoved

Russia is pumping record volumes of crude and Saudi Arabia is almost there too

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Updated On : 04 Oct 2018 | 2:28 PM IST

Why oil's march toward $100 is coming at the right time for electric cars

Fuel prices reached a four-year high last month, concentrating consumers' minds on the relative costs of internal combustion versus electric motors

Why oil's march toward $100 is coming at the right time for electric cars
Updated On : 04 Oct 2018 | 9:29 AM IST