Page 10 - Oil Prcies

Oil dips but hovers near three-year highs on recovery signs

Doubts about the future of the 2015 Iran nuclear deal that could end U.S. sanctions on Iranian crude exports also helped prices.

Oil nears $70 as data shows bigger-than-expected drop in US crude stocks

Brent crude futures were up 49 cents, or 0.7 per cent, at $69.37 barrel after touching a more than seven-week high of $69.78 earlier in the session

Oil settles near $70 a barrel on hopes of recovering demand in second half

Benchmark Brent settled down 41 cents, or 0.6%, to $69.22 a barrel. U.S. West Texas Intermediate crude also ended down 41 cents to $65.61 a barrel.

Crude oil's fate could be in hands of commodity supercycle

OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle

Here's what triggered Sensex's 1,145-point crash on Monday

Index heavyweights, Reliance Industries, HDFC, TCS, ITC and ICICI Bank were among the top Sensex drags

Stocks, oil rise in Asia after US records as Bitcoin pauses for breath

Oil also hit 13-month highs, helped by rising optimism about a return in fuel demand

Bulls lift indices to new closing peak; Sensex up 458 pts; pharma stks gain

The Nifty Pharma index edged up 3 per cent, followed by gains in the Nifty PSB index (up 2.3 per cent), and the Nifty Pruvate Bank index (up 2 per cent)

OPEC+ presses for compliance with oil cuts amid fears of demand recovery

The group, known as OPEC+, met on Wednesday to review compliance and left oil cuts levels unchanged

ICICI Bank confirms exposure to Singapore-based oil trader Hin Leong

The Bank did not elaborate the extent of its exposure and the steps it is taking to protect its interest

US-Iran war could lead to rise in crude prices, threaten Gulf oil exports

If the US killing of Iranian general Qasem Soleimani on Friday leads to conflict between Washington and Tehran, oil facilities could be targeted in Gulf states

Oil prices fall 2% as US-China trade war concerns hit demand outlook

Trade war worries hit global equities again on Monday, while stoking a rally in safe-haven assets including the Japanese yen, core government bonds and gold

Oil struggles to retain gains as trade war concerns build

The mood across financial markets was cautious after China announced last week it would slap extra tariffs on 128 US