Page 65 - Oil Prices

Oil prices at five-month high on big drop in US crude stocks, weak dollar

Brent crude was up $1.50, or 3.4 per cent, at $45.93 a barrel

Oil rebounds with equities offsetting the return of Opec+ supply

The market is looking for its next clear signal, with a slew of mixed data pressuring it on either side

Oil prices steady near $40 a barrel with Opec+ unwinding output cuts

Oil has been stuck in a narrow band since June, with rising virus infections in many countries increasing concerns about a renewed hit to the global economy

Oil prices up on positive economic data, but Covid-19 pandemic fears weigh

A survey showing manufacturing activity across the euro zone expanded last month for the first time since early 2019 and positive manufacturing data in Asia also boosted oil

Oil prices fall on fears about economic fallout from rising Covid-19 cases

Coronavirus cases continued to surge in the United States and stood at almost 18 million globally

ATF price hiked 3 pc; no change in LPG, petrol, diesel rates

ATF prices are revised on 1st and 16th of every month based on average of benchmark international price and foreign exchange rate in the preceding fortnight

The joker in the pack

Government's fiscal headroom is crucially linked to a realistic assessment of its net revenue collection

Oil set for fragile recovery as economies limp towards normalcy: Survey

The poll projected global demand to contract by between 7.2 and 8.5 million barrels per day (bpd) this year, versus last month's 6.5-8.7 million bpd prediction

Oil prices slide as surge in Covid-19 cases weighs on demand outlook

US West Texas Intermediate crude futures were down 70 cents, or 1.7 per cent, at $40.57 a barrel

Top headlines: Mumbai airport scam, Mittal on AGR dues and more

Here are the top headlines of the day

Situation not as bad as it is being made out to be: Economic affairs secy

Bajaj also said the financial services secretary was examining a plan of bank recapitalisation

Oil edges higher on weaker dollar, but demand threats from US China tension

Brent crude rose by 6 cents, or 0.1 per cent, to $43.37 a barrel by 0634 GMT, and US West Texas Intermediate (WTI) crude rose by 1 cent to $41.08

Oil prices jump 3% on coronavirus vaccine hopes, EU stimulus deal

West Texas Intermediate jumped $1.36, or 3.3%, to $42.17 a barrel

Oil steady as vaccine news counters rise in coronavirus cases, fuel demand

Brent futures were up 15 cents, or 0.4 per cent, at $43.43 by 0117 GMT, while West Texas Intermediate (WTI) edged up 2 cents to $40.83

Income of Russians plunges most in 20 years in Q2; GDP shrinks 9.6%

The income fell 8 per cent in year-on-year terms in April-June, the state statistics service Rosstat said on Friday

Oil demand may hit 100 million b/d in 2041 if economic recovery sustains

Platts Analytics sees continued growth in long-term petrochemicals demand as potentially delaying peak oil demand to 2021.

OPEC chief sees oil market moving closer to balance ahead of key meeting

After July, the cuts are due to taper to 7.7 million bpd until December although a final decision has yet to be taken

Oil prices climb more than 2% on improved forecast for demand recovery

Prices also found support after data showed US energy firms cut the number of oil and natural gas rigs operating to a record low for a 10th week in a row

Oil slips 2% as resurgent Covid-19 makes investors worry about US demand

Brent crude futures fell 85 cents, or 2 per cent, to $42.44 a barrel by 12:58 p.m

How Kuwait expat quota bill may affect Indian diaspora of the gulf nation

Gulf News reported that 'this could result in 800,000 Indians leaving Kuwait, as the Indian community constitutes the largest expat community in Kuwait, totalling 1.45 million'