Page 2 - Oil Prices Sink

Sovereign wealth funds may cut down India play as oil prices drop

Foreign outflows could accelerate further if oil prices stay low

Oil prices may have sunk but the energy market fallout has only just begun

The main beneficiaries are likely to be the main consuming countries such as India and China, but even there oil companies will be affected.

Stocks, oil rebound after dizzying losses on hopes of US economic stimulus

In the eurozone, Frankfurt's DAX 30 jumped 3.5 per cent and the Paris CAC 40 rallied 4.2 per cent

BPCL stake sale may get delayed over falling oil prices, market crash

As confidence on equities declines, large oil producers may hesitate to loosen their purse strings, thereby impacting valuations too

Crude oil plunges 30% to $30 a barrel; $20 possible going ahead: Analysts

The failure of the Vienna talks added to increasing investor nervousness over the coronavirus epidemic that has dampened oil demand

HPCL, BPCL surge up to 13%; RIL slumps 8% as Brent Crude hits 20-yr low

At 9:38 am, Brent Crude Futures were at $32.27/bbl, down 13 cents or 28.72 per cent, US WTI, on the other hand, was at $28.45/bbl-mark, down 12.83 cents or 31 per cent.

Oil prices fall almost 2% on uncertainty over US-China trade talks

Brent crude futures settled at $62.44 a barrel, down 86 cents, or 1.4 per cent

Oil declines as Saudi Arabia restores output capacity ahead of schedule

Aerial strikes on the two plants on September 14 disabled 5% of global crude supply, driving Brent crude higher by the most on record

Oil price dilemma

Tax cuts alone may not be able to check retail prices of oil if OPEC continues its production cut and the US president his adversarial policy towards Iran