Page 23 - Oil Prices

Oil ticks higher as traders weigh tight fuel market, slow global growth

West Texas Intermediate climbed above $111 a barrel following four weekly gains, the longest such run since February.

Oil prices rise as US driving season looms; Shanghai mulls Covid unlock

Brent crude futures rose 82 cents to $113.37 a barrel at 0126 GMT, while U.S. West Texas Intermediate (WTI) crude futures climbed 69 cents

Govt in talks with Russia over a deal to buy oil at discounted rates: HPCL

India, the world's third biggest oil importer and consumer, is struggling like much of the rest of the world with inflation at multi-year highs, and is keen to cut its import bill

Oil prices recover from early losses as global supply fears linger

Oil prices rose on Thursday, recovering from early losses, as lingering fears over tight global supplies outweighed fears over slower economic growth as highlighted by slumping global shares.

Sensex snaps 2-day gaining streak, slips 110 pts; Ruchi Soya leaps 10%

CLOSING BELL: Sectorally, the Nifty Realty and PSU Bank indices were the worst hit as they slipped 1.75 per cent and 1.6 per cent on the NSE

Oil prices climb in early trade on hopes of China demand recovery

Oil prices rose more than $1 a barrel in early Asian trade on Wednesday on hopes of demand recovery in China as the country gradually eases some of its strict Covid measures

Sensex snaps 6-day losing run, ends 180 pts up; DMart rallies 10%, ACC 4%

NTPC, Bajaj Finance, Maruti Suzuki, SBI, HDFC, Kotak Bank, M&M, and IndusInd Bank were the top gainers on the Sensex index

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

The European Union aims to agree a phased embargo on Russian oil this month despite concerns about supply in eastern Europe

Saudi Aramco profit soars 82% on high oil prices in first quarter

State-controlled Aramco made net income of $39.5 billion, up 82 per cent from a year earlier, when global energy demand was still severely suppressed by the coronavirus pandemic

Aramco's profits surge 80% in Q1 as company cashes in on global volatility

Saudi Aramco's profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and soaring oil prices

Oil rallies after 10% slide over 2 days as Russia gas flow to Europe falls

Russian gas flows to Europe via Ukraine fell by a quarter on Wednesday after Kyiv halted use of a major transit route blaming interference by occupying Russian forces.

Oil prices tumble over 1% on global economic worries, strong dollar

The fall in oil prices reflected trends in global financial markets as investors shed riskier assets on worries about higher interest rates and their impact on economic growth.

Oil prices, equities tumbles about 6% as China Covid lockdowns weigh

Global financial markets have been spooked by concerns over interest hikes and recession worries as tighter and wider Covid lockdowns in China led to slower export growth in the country in April

Saudis cut oil prices from record highs amid Covid-19 lockdowns in China

Saudi Aramco is lowering prices for the first time in four months

Oil prices climb 1% after US crude, fuel stocks signal tighter supply

The gains come on the back of news from Tuesday that the European Union is working on new sanctions against Russia for waging war on Ukraine that will target Moscow's oil industry.

Oil prices fall on China growth worries, EU weighs Russian crude ban

Markets in Japan, Britain, India and across Southeast Asia were closed for public holidays on Monday

Oil extends gains as supply fears outweigh China Covid lockdowns

Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped Covid-19 lockdowns in China

Markets rally as global sentiment improves; Sensex, Nifty rise 1.2%

Both foreign portfolio investors (FPIs) as well as domestic institutions were net buyers on Thursday

Oil prices edge lower as mass coronavirus testing begins in China

China's capital Beijing reported 48 new symptomatic and 2 new asymptomatic COVID-19 cases for April 27

China's Covid curbs spook global markets; Sensex, Nifty tumble over 1%

Brent crude oil prices dropped close to 5 per cent due to demand concerns following news that lockdowns were spreading to Beijing