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Page 15 - Oil Prices

Oil is cheap but still not a bargain as risks loom over market outlook

Oil has dropped 20% to a four-year low since Trump took office-but that still doesn't make it a bargain

Oil is cheap but still not a bargain as risks loom over market outlook
Updated On : 14 Apr 2025 | 10:50 AM IST

Oil prices set to drop for second week as US-China trade war to cut demand

Brent is set to fall 4 per cent this week, adding to an 11 per cent drop in the prior week, while WTI is set to decline 3.8 per cent

Oil prices set to drop for second week as US-China trade war to cut demand
Updated On : 11 Apr 2025 | 7:55 AM IST

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff

On the institutional activity front, FIIs net sold shares worth ₹4,994.24 crore, while DIIs net bought equities of ₹3,097.24 crore, on April 8.

Stock mkt trading guide, Apr 9: RBI MPC outcome, Trump's 104% China tariff
Updated On : 09 Apr 2025 | 7:26 AM IST

RIL, Nayara in US tariff crosshairs on exposure to Russia and Venezuela

India may run a $36 billion trade surplus with the US but incurs a trade deficit in energy, according to the Indian government data

RIL, Nayara in US tariff crosshairs on exposure to Russia and Venezuela
Updated On : 04 Apr 2025 | 11:52 PM IST

Oil prices slip as Putin agrees to 30-day halt on energy facility strikes

Russian President Vladimir Putin agreed on Tuesday to stop attacking Ukrainian energy facilities but stopped short of endorsing a full 30-day ceasefire that Trump hoped for

Oil prices slip as Putin agrees to 30-day halt on energy facility strikes
Updated On : 19 Mar 2025 | 3:37 PM IST

Oil prices edge higher, but recession fears and tariffs limit gains

Oil prices, however, pared back some gains after Trump said he had instructed his commerce secretary to add an additional 25 per cent tariff on all steel and aluminum imports from Canada

Oil prices edge higher, but recession fears and tariffs limit gains
Updated On : 11 Mar 2025 | 11:08 PM IST

Oil prices fall 2% to two-month low on worries about Trump tariffs

Brent futures fell $1.61, or 2.25 per cent, to $73.17 a barrel by 10:34 a.m. EST (1534 GMT), while U.S. West Texas Intermediate (WTI) crude fell $1.60, or 2.3 per cent, to $69.10

Oil prices fall 2% to two-month low on worries about Trump tariffs
Updated On : 25 Feb 2025 | 11:10 PM IST

Oil prices steady as traders await progress on push for Ukraine peace deal

Brent futures were up 13 cents, or 0.2 per cent, at $74.56 barrel by 1103 GMT while US West Texas Intermediate crude futures added 11 cents, or 0.2 per cent, to $70.51

Oil prices steady as traders await progress on push for Ukraine peace deal
Updated On : 24 Feb 2025 | 6:13 PM IST

Chevron to cut 20% staff in long-awaited layoffs, CEO takes responsibility

Chevron's plan to cut as much as a fifth of its workforce - about 8,000 people - comes after oil prices traded in the $70-80 per barrel range for most of the past year

Chevron to cut 20% staff in long-awaited layoffs, CEO takes responsibility
Updated On : 19 Feb 2025 | 9:40 AM IST

How to trade Crude oil amid Donald Trump's tariff threat? Strategy here

Oil price today: Crude oil prices clocked the biggest intraday rally in four months on Monday, driven on the news of 10 per cent tariffs imposed by Whitehouse on Canadian crude oil and products

How to trade Crude oil amid Donald Trump's tariff threat? Strategy here
Updated On : 04 Feb 2025 | 11:00 AM IST

Oil posts weekly losses as US ready to impose tariffs on Canada, Mexico

Trump will include a process for Canada and Mexico to seek specific exemptions for certain imports, adding that new tariffs would become effective on March 1

Oil posts weekly losses as US ready to impose tariffs on Canada, Mexico
Updated On : 01 Feb 2025 | 6:42 AM IST

Oil prices waver as markets await clarity on Trump's Canada, Mexico tariffs

Investors are also looking ahead to a ministerial meeting by the Organization of the Petroleum Exporting Countries and its allies, together called Opec+, scheduled for Feb 3

Oil prices waver as markets await clarity on Trump's Canada, Mexico tariffs
Updated On : 30 Jan 2025 | 10:35 AM IST

Oil prices hover near two-week low, weak China data adds to demand concerns

Brent crude oil futures were up by 35 cents, or 0.45 per cent, to $77.43 per barrel by 0930 GMT. US West Texas Intermediate crude futures were up 30 cents, or 0.41 per cent, to $73.47

Oil prices hover near two-week low, weak China data adds to demand concerns
Updated On : 28 Jan 2025 | 4:58 PM IST

Oil falls as Donald Trump reiterates call for Opec to reduce prices

Opec and its allies including Russia have yet to react to Trump's call, with Opec+ delegates pointing to a plan already in place to start raising oil output from April

Oil falls as Donald Trump reiterates call for Opec to reduce prices
Updated On : 27 Jan 2025 | 10:52 AM IST

Oil falls as Trump's energy emergency order fuels oversupply concerns

oil market is expected to be oversupplied this year, after weak economic activity and energy transition efforts weighed heavily on demand in top-consuming nations the United States and China

Oil falls as Trump's energy emergency order fuels oversupply concerns
Updated On : 22 Jan 2025 | 7:05 AM IST

Oil prices inch lower in thin trade, investors eye China and US data

Brent crude futures fell 6 cents to $74.11 a barrel by 0111 GMT while the more active March contract was at $73.73 a barrel, down 6 cents

Oil prices inch lower in thin trade, investors eye China and US data
Updated On : 30 Dec 2024 | 8:10 AM IST

Oil prices rise on China stimulus hopes; Brent, WTI set for weekly gain

However, a stronger US dollar capped oil price gains. The US currency has been boosted by expectations that the incoming Donald Trump administration's policies will boost growth and lift inflation

Oil prices rise on China stimulus hopes; Brent, WTI set for weekly gain
Updated On : 27 Dec 2024 | 5:09 PM IST

Oil prices decline as weaker Chinese retail sales pressure demand

The Fed is expected to cut interest rates by a quarter of a percentage point at its Dec. 17-18 meeting, which will also provide an updated look at how much further Fed officials think they will reduce

Oil prices decline as weaker Chinese retail sales pressure demand
Updated On : 16 Dec 2024 | 5:06 PM IST

Oil little changed as IEA surplus forecast offsets rate cut optimism

Global oil demand rose at a slower-than-expected rate this month, but has remained resilient, analysts at JPMorgan said in a note on Thursday

Oil little changed as IEA surplus forecast offsets rate cut optimism
Updated On : 12 Dec 2024 | 7:01 PM IST

Markets Today: S&P 500 & Nasdaq at record, FIIs, Property Share IPO listing

In the previous trading session, the benchmark indices ended their five-day winning streak in response to the RBI Monetary Policy Committee's decision to maintain the repo rate at 6.5 per cent

Markets Today: S&P 500 & Nasdaq at record, FIIs, Property Share IPO listing
Updated On : 09 Dec 2024 | 7:47 AM IST