Page 58 - Oil Prices

OPEC, allies agree to keep oil production cuts unchanged, prices jump

Under the deal, non-OPEC countries Russia and Kazakstand can make small production increases

Oil prices gain as US fuel stocks drop, OPEC+ considers deal rollover

Oil prices gain as US fuel stocks drop, OPEC+ considers deal rollover

Petrol stable at Rs 91.17 in New Delhi, diesel unchanged at Rs 81.47

Yesterday, a report said that the finance ministry is considering cutting excise duties on petrol and diesel to cushion the impact of record-high domestic prices, quoting three government officials

Don't cut fuel taxes

Roll-back will increase fiscal risks

Sensex gains for 2nd day; ends 447 pts up at 50,297; auto, IT stocks rally

Broader markets outperformed the benchmark indices, highlighting underlying strength in the market. The S&P BSE MidCap and SmallCap indices ended 1.55 per cent & 1.6 per cent higher, respectively

Oil rebounds from biggest slump since Nov ahead of a key Opec+ meeting

At 8.48 pm (IST), Brent crude was trading at $64.65 a barrel, up 0.36 per cent

Oil prices rise on Covid-19 vaccine optimism, US economic stimulus

Brent crude was up 34 cents, or 0.5%, at $64.76 a barrel by 1448 GMT, and U.S. West Texas Intermediate (WTI) crude rose 13 cents, or 0.2%, to $61.63 a barrel.

Oil prices climb after progress on huge US stimulus bill, economic optimism

U.S. West Texas Intermediate (WTI) crude CLc1 futures jumped $1.10, or 1.8%, to $62.60 a barrel

Oil drops on dollar strength and OPEC+ supply expectations

NEW YORK (Reuters) - Oil prices fell on Friday as the U.S. dollar rose while forecasts called for crude supply to rise in response to prices climbing above pre-pandemic levels.

Oil prices decline as dollar firms up; gold hits eight-month low

Spot gold was trading at 1,729.20 an ounce, down 2.39 per cent, in international market at 9 pm IST - the lowest since June 26 at $1,755.45

Oil prices drop on dollar strength, hopes of rise in OPEC+ supply

Brent crude futures for April, which expire on Friday, fell 74 cents, or 1.1%, to $66.14 a barrel

Oil prices retreat from 1-year high alongside global market selloff

Futures in New York fell as much as 0.9 per cent on Thursday with US equities weakening amid concerns that markets could soon face accelerating inflation

Oil prices rise after data shows slump in US output amid Texas freeze

Gasoline production last week declined as a result of the Texas refinery shutdowns, to 7.7 million bpd

Sebi tightens margin norms for commodities trading to curb negative pricing

The move is a fallout of oil prices slipping into negative territory in the futures market last year

Russia, Saudi Arabia at odds over output deal ahead of Opec+ meeting

Russian Deputy Prime Minister Alexander Novak has voiced support for a gradual increase in oil output amid improving demand

Oil prices rise with storm-hit US output set for slow return

Brent crude was up 49 cents, or 0.8%, at $63.40 a barrel by 1330 GMT

Central govt looting people: Sachin Pilot on rising fuel prices

Pilot on Monday questioned the silence of BJP leaders on inflation and rising fuel prices

Oil prices rise amid tight supply as US output slowly returns after storm

Brent crude was up 51 cents, or 0.8%, at $63.42 a barrel

Chris Wood sees further rise in bond yields, oil at $100 a barrel

The 10-year and 30-year US Treasury finished at 1.34 per cent and 2.13 per cent, respectively, last week

Oil extends losses as Texas prepares to ramp up output after freeze

Brent crude futures ended the session down $1.02, or 1.6%, at $62.91 a barrel while U.S. West Texas Intermediate (WTI) crude fell $1.28, or 2.1%, to settle at $59.24.