Page 3 - Oil Price Rise

India to raise fuel prices from next week amid concern over inflation

State oil companies have told the government that they need a price increase of 10-12 rupees per litre for petrol and diesel, an official said

Brent soars to $119, highest since May 2012, as US sanctions target Russia

The gains followed the latest round of US sanctions on Russia's oil refining sector that raised concerns that Russian oil and gas exports could be targeted next

Indian trade, current account deficit seen widening, rupee under pressure

India's trade deficit widened sharply to $21.19 billion in February compared to $17.94 billion the previous month, preliminary data shows

Explained: Why $100 oil could hurt the energy transition more than it helps

When fossil fuel prices rise, consumers start to take electric vehicles and clean energy alternatives more seriously - not just for their environmental benefits but in hopes of eventually saving cash

Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers

India's benchmark 10-year bond yield was at 6.83% at 0555 GMT, after earlier rising to 6.85%, its highest since Feb. 4

Oil soars to $113 as Russian supply disruptions increase amid sanctions

Brent crude futures rose by more than $8, touching a peak of $113.02 a barrel, the highest since June 2014, before easing to $111.53, up by $6.56 or 6.3% by 0950 GMT

Oil prices jump as Russia-Ukraine conflict stokes supply concerns

Russia, which calls its actions in Ukraine a "special operation", exports some 4 million to 5 million barrels per day of crude oil, and 2 million to 3 million barrels per day of refined products

Oil prices surge as Russian invasion of Ukraine rings supply alarm bells

Brent crude rose $2.81, or 2.8%, to $101.89 a barrel at 0738 GMT on Friday, after climbing to as high as $101.99

Indian bond yields rise, rupee falls as Ukraine tensions escalate

India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close

Ukraine war fears pummel global stocks, lift oil to seven-year high

The broader Euro STOXX 600 fell as much as 1.9% to a seven-month low before clawing back some of its losses

Explained: Why are crude oil prices high, and any relief in sight?

Anyone who's bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the US economy.

TMS Ep88: Paytm, Sanjeev Krishan, oil price rise, 'right to repair'

Is all well with fintech giant Paytm? How does PwC's Sanjeev Krishan view Indian CEOs' sentiment on growth? Is oil price rise a cause for worry yet? What is 'right to repair'? All answers here

Kazakhstan government resigns after violent protests over fuel price

Kazakh President Kassym-Jomart Tokayev accepted the government's resignation on Wednesday, his office said, after a fuel price increase

Oil rises on 2022 demand optimism as OPEC+ to agree to output hike

Oil settled higher on Monday on hopes of further demand recovery in 2022, despite OPEC+ looking set to agree to another output increase

Oil rises as fuel demand holds up despite surge in Omicron cases

Oil prices rose to extend several consecutive days of gains, buoyed by data showing US fuel demand holding up well despite soaring Omicron cases

Oil prices sit tight, tracking biggest weekly gain since late August

Oil prices drifted in a narrow range on Friday, on track to their biggest weekly gain since late August

Fuel prices hiked for 7th straight day, petrol crosses Rs 110 in Delhi

In Delhi, with an increase of Rs 0.35 in petrol and diesel prices, their cost rose to Rs 110.04 per litre and Rs 98.42 per litre respectively today.

Fuel prices raised for 3rd straight day, Petrol touches Rs 108.64 in Delhi

As for Kolkata, the price of petrol is Rs 109.02 per litre, while diesel is Rs 100.49 per litre. In Chennai, petrol and diesel cost Rs 105.43 and Rs 101.59 per litre respectively.

Commodity price surge deals stagflationary blow to world economy

Rising costs for households and companies are hitting confidence while pushing inflation faster than economists had expected only a few months ago

Crude oil prices rise on economic outlook, drawdown in fuel stocks

Brent crude oil futures for May rose 40 cents, or 0.6%, to $68.30 a barrel by 0105 GMT, while U.S. West Texas Intermediate crude for April was up 48 cents, or 0.7%, at $64.92