Page 5 - Oil Prices Slip

ONGC sees crude oil production rising 11%, gas output jumping 25% by FY25

Reversing the declining trend of the past few years, ONGC said its crude oil production will rise 11 per cent and natural gas output will jump 25%

Oil price surge fans inflation fears, weakens US, European stocks

LONDON (Reuters) - European shares opened weaker on Tuesday and Wall Street was tipped for a fall, as surging oil prices fanned fears of further acceleration in global inflation, forcing the U.S. Federal Reserve and other central banks to keep raising interest rates.

Oil prices recoup losses based on renewed supply worries, dollar weakness

NEW YORK (Reuters) -Oil prices rebounded from earlier losses on Thursday as Chinese officials planned to ease restrictions in Shanghai, which could further tighten global energy supply, and as the dollar retreated from recent gains.

Oil prices slide as investors take profit; supply fear still looms

"Investors scooped up profit after a sharp gain last Friday," said Naohiro Niimura, a partner at Market Risk Advisory.

European shares fall after China's economic data adds to growth woes

Investors are worried that inflation pushing up interest rates will damage the global economy. These fears saw global shares hit their lowest point in 18 months last week.

Oil prices drop with demand outlook pressured, strong dollar

HOUSTON (Reuters) - Oil prices fell $1 on Tuesday, with the demand outlook pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.

Oil prices headed for 3% weekly fall on emergency stocks release

Oil prices inched up on Friday but were set to fall around 3% for the week after consuming countries agreed to release 240 million barrels of oil from emergency stocks to help offset disrupted Russia

Oil prices fall 0.4% on fresh hope of diplomacy over Ukraine crisis

Brent crude slipped to $93.14 a barrel at 0730 GMT, down 40 cents or 0.4%, after earlier touching $95

Oil drops from 7-year high on report some Russian troops return to base

Brent crude fell $2.35, or 2.4%, to $94.13 by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped $2.00, or 2.1%, to $93.46

Oil eases on profit-taking, Russia-Ukraine conflict remains key focus

Brent crude futures were at $95.60 a barrel by 0747 GMT, down 88 cents, or 0.9%, after rising $2.04 on Monday

Oil prices ease after 7-year high as Ukraine hints at concessions to Russia

Brent crude was down 81 cents, or 0.9%, at $93.63 a barrel by 1259 GMT, off an ealier peak of $96.16, the highest since October 2014

Oil prices slip on hot US inflation concerns, set for weekly fall

The benchmark oil prices are also in line for their first weekly decline after seven consecutive weekly gains

Oil falls as US crude, fuel stockpiles build prompts profit-taking

Oil prices plunged as an increase in U.S. crude and fuel stockpiles prompted investors to take profits from the rally

Oil prices ease from 2014 high on supply concerns and limit losses

Oil prices slipped back on Thursday after hitting their highest levels since 2014 in the previous session on the back of strong demand and short-term supply disruptions

Oil dips as investors eye US crude release, China demand concerns

US sells 18 mln bbls crude from strategic reserves. Crude still set to rise for fourth straight week

Oil struggles to hold gains amid mixed demand view as Omicron cases surge

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of Omicron variant surge

Oil prices fall on demand concerns, Omicron fears and rising Libyan output

Oil prices fell Monday as concerns about demand fears stoked by the rapid global rise in Omicron coronavirus infections overtook concerns about oil supply reduction from Kazakhstan

Oil drops for second session on concerns over rising Covid-19 cases

Oil lost more ground on Monday as rapidly climbing cases of the Omicron Covid-19 variant hit economic activity

Oil prices drop 2% as rapid Omicron spread dims fuel demand outlook

Oil prices slumped by about 2% early on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States

Oil prices dip, heads for flat week amid uncertainty over Omicron

Oil prices dipped on Friday, putting the market on track to end the week roughly unchanged