Page 34 - Oil Prices
Surge in oil price rattles markets as Ukraine conflict intensifies
Oil prices soared again as the Ukraine war triggered a dash for commodities that could be in short supply, while stock markets slipped
 "Surge in oil price rattles markets as Ukraine conflict intensifies")
Palladium scales 7-month peak, gold firms as Ukraine crisis rages on
Spot palladium, used by automakers in catalytic converters to curb emissions, jumped 4.1% to $2,778.48 by 1030 GMT, rising for a fourth session to hit its highest since mid-June 2021
 "Palladium scales 7-month peak, gold firms as Ukraine crisis rages on")
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
 "Indian 10-year bond yield at 1-month high tracking global crude, U.S. peers")
Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk
The latest Economic Survey for FY22 projected economic growth at 8-8.5 per cent assuming crude oil prices at $70-$75 per barrel
 "Russia-Ukraine crisis: Rising crude oil prices put growth prospects at risk")
Russia-Ukraine crisis: Brent crude tops $121 a barrel, wheat at 24-yr high
In India, MCX crude futures for March 21 delivery hit an all-time high of $8,274 a barrel.
 "Russia-Ukraine crisis: Brent crude tops $121 a barrel, wheat at 24-yr high")
Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens
Brent crude oil price soared to $113 a barrel on Wednesday, the highest level in nearly eight years, due to disruptions in supply amid escalating Russia-Ukraine tensions.Brent crude oil price surged to $113.02 per barrel in London. Brent crude, also known as London Brent, makes up more than half of the world's globally traded supply of crude oil.West Texas Intermediate (WTI) crude oil price jumped to $111.50 a barrel.Crude oil prices have spiralled in the last one week after Russian President Vladimir Putin ordered a military operation in Ukraine.The tensions between Russia and Ukraine are escalating with each passing day. Russia has continued bombardments of Ukrainian cities. Western countries, led by the United States, have tightened sanctions on Russia.
 "Crude oil price soars to $113 a barrel as Russia-Ukraine conflict worsens")
Saudi Arabia may raise April crude prices to Asia to all-time highs
The official selling price (OSP) for Saudi's flagship Arab Light crude may rise to a record of $4.50 a barrel, up $1.70, three of five refining sources told Reuters in a survey.
 "Saudi Arabia may raise April crude prices to Asia to all-time highs")
Oil prices surge over 7% as global crude reserve release disappoints
Brent futures rose $7.00, or 7.1%, to settle at $104.97 a barrel, their highest close since August 2014.
Oil prices climb as market weighs release of reserves vs Russia disruption
May Brent crude futures, which began trading as prompt on Tuesday, gained about 1% at 0141 GMT to $98.90.
Oil soars as Russian energy supply fears intensify amid Western sanctions
Brent crude rose $2.65, or 2.7%, to $100.58 by 1255 GMT after touching a high of $105.07 a barrel in early trade
 "Oil soars as Russian energy supply fears intensify amid Western sanctions")
Oil prices soar as Western sanctions and pressures on Russia mount
Brent crude rose $4.16, or 4.3%, to $102.09, at 0915 after hitting a high of $105.07 a barrel in early trade
Oil soars as Russia puts nuclear forces on alert, bank sanctions bite
At 0643 GMT Brent crude futures were up $4.69, or 4.8%, at $102.62, after hitting a high of $105.07 a barrel in early trade
Crude jumps, stocks slip, rouble crashes on tough Russian sanctions
The rouble dived as much as 29.67% to a record-low 119.5 per dollar.
 "Crude jumps, stocks slip, rouble crashes on tough Russian sanctions")
Correction fails to rein in expensive market valuation: Fund managers
Experts say if oil prices continue to rise, India's valuation premium-to-EM peers could narrow further
 "Correction fails to rein in expensive market valuation: Fund managers")
Oil could jump back above $100 as traders assess Russia SWIFT ban: Analysts
A decision by Western allies on Saturday to block certain Russian banks from the SWIFT payments system is likely to lift oil prices well above $100 a barrel, analysts say
 "Oil could jump back above $100 as traders assess Russia SWIFT ban: Analysts")
Global stocks rise after Ukraine panic, oil back below $100-mark
By 1115 GMT, the Euro STOXX gained 1.78% higher while the FTSE 100 climbed 2.1%. Germany's DAX increased 1.3%
 "Global stocks rise after Ukraine panic, oil back below $100-mark")
Oil prices surge 2% as Russian invasion of Ukraine rings supply alarm bells
Global benchmark Brent crude rose $1.99, or 2%, to $101.07 a barrel around 0155 GMT on Friday
 "Oil prices surge 2% as Russian invasion of Ukraine rings supply alarm bells")
Russia-Ukraine crisis underscores lack of integrated energy policy in India
If India has to partially insulate itself, then oil companies must be given leeway to manage oil price risks
 "Russia-Ukraine crisis underscores lack of integrated energy policy in India")
Ukraine crisis: India Inc faces dip in margins as crude oil prices spike
The numbers suggest an across-the-board impact, including banks and financials, and oil and gas companies.
Oil crosses $105 a barrel, hits 8-year high as Russia attacks Ukraine
The United States and Europe have promised the toughest sanctions on Russia in response
 "Oil crosses $105 a barrel, hits 8-year high as Russia attacks Ukraine")