Page 6 of Brent crude

Brent to hit $140/barrel in July-Sept: Goldman Sachs

The investment bank, however, said that the crude prices are likely to come down to $130/bbl in the October-December period…

Updated: June 10, 2022 09:19 IST

Oil prices fall on prospect of OPEC offsetting Russian output loss

As recently as Wednesday, sources expected OPEC+ to stick to its modest monthly increases in oil output, despite seeing tighter…

June 2, 2022 16:00 IST

IEA member nations will release 60 million barrels over the next six months. (File)

Oil drops below $100 on reserves release and China lockdowns

Fuel demand in India, the world’s third-biggest oil importer and consumer, rose to a three-year high in March, with petrol…

April 11, 2022 17:33 IST

The Brent crude international benchmark rose to nearly $140 — from $90 before the start of the war — before falling back. (File)

OPEC likely to stick to modest oil boost despite war jitters

Analysts expect the group to stay on its schedule of gradual increases to restore production cuts made during the depths…

March 31, 2022 15:31 IST

Oil jumps 4% on tight supply, prospects of new Russia sanctions

Brent futures rose $4.17, or 3.8%, to $114.40 a barrel by 10:57 a.m EDT (1457 GMT), while U.S. West Texas…

March 30, 2022 21:19 IST

Some multinationals including ExxonMobil and Shell have announced exit from the Russian projects after Moscow invaded Ukraine. (File)

India’s import of Russian oil less than 1% of total, share from US to rise: Petroleum Minister Hardeep Singh Puri

In 2020-21, India imported 633,000 tonnes of 0.3 per cent while in 2019-20 the purchases were 2.93 million tonnes or…

March 21, 2022 20:26 IST

Crude prices up more than $4 as European Union mulls Russian oil ban

With little sign of the conflict easing, the focus returned to whether the market would be able to replace Russian…

March 21, 2022 19:35 IST

ATF prices effective from March 16 is up 18% in Delhi compared to a fortnight ago, at Rs 1,10,666.29 kilo litre. Compared to March last year, it is up 86.3%. ATF prices are one of the biggest cost component – around 40% – for airlines.

Jet fuel sees steepest price hike: Air fares may soar 15% on key routes

International oil prices had climbed to a 14-year high of near $140 per barrel last week on fears of supply…

March 17, 2022 04:00 IST

Crude oil imports: India may tap FTA with UAE to raise oil supply

Brent crude dropped 1.8%, to $125.71 a barrel at 1105 GMT, having risen above $131 in early trading.

March 10, 2022 04:00 IST

State-run oil marketing companies (OMCs) want the government to set up a payment mechanism similar to the one instituted in 2018-19 to pay for Iranian crude oil, as Tehran came under US sanctions.

Oil marketing companies keen on discounted Russian crude, seek payment mechanism

Deven Choksey, managing director of brokerage firm KR Choksey, said, if the world puts pressure on the US to lift…

March 10, 2022 03:15 IST

Markets stay on crash course; crude oil prices surge to highest level since 2008

Sectorally, the Nifty Bank and Auto fell 4% each, and the realty index fell 5.5% on Monday.

March 8, 2022 00:00 IST

Crude oil price on fire: Govt may revisit FY23 spending matrix, little scope for tax cuts

Geopolitical tensions in Eastern Europe have recently pushed the price of Indian basket of crude to over $100 a barrel.

March 7, 2022 05:30 IST

“Advance decline ratio is now even suggesting that selling is concentrated in large cap stocks,” said Deepak Jasani, head of retail research at HDFC Securities.

Brent boils: Stocks bleed as war spooks investors

Sensex plummets 778 points, Nifty dives 187.95 points. Fall in the broader market relatively less

March 3, 2022 00:45 IST

Oil prices surge above $100 a barrel as war on Ukraine rages

The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and…

Updated: March 1, 2022 21:25 IST

Thursday also saw Nifty50 breaching its 200-day simple moving average (SMA) of 16,894.24, signalling a likely downward trend going forward. The Nifty50 currently commands 18.6 times its 12-month forward earnings, almost equal to the five-year average of 18.61x.

Ukraine attack wounds markets: Indices crack nearly 5%, Brent crude tops $105 a barrel

Most experts believe that the fall in the markets is just a knee-jerk reaction to the global crisis and volatility…

February 25, 2022 03:45 IST

Reliance Industries, IGL, Petronet stocks fall, Brent crude oil hits $100-mark on Russia-Ukraine tensions

Reliance Industries Ltd (RIL), Indraprastha Gas (IGL), and Petronet stocks fell over 7 per cent on Thursday, as Brent crude…

February 24, 2022 14:36 IST

Rising crude prices: Firms stare at input cost pressure

The rise in fuel price impacts supply chain and logistics cost of raw materials for the real estate sector, leading…

February 24, 2022 02:15 IST

Ukraine blues: Crude price spike to stoke inflation, strain current account

Brent crude surged nearly 3% on Tuesday and cumulatively gained $5.3 during the last three sessions, to touch $98.23 per…

February 23, 2022 06:20 IST

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