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Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
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India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
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Thousands Of Protesters March In Paris Over Soaring Prices
Thousands of people took to the streets of Paris on Sunday to protest against soaring prices as weeks of strikes for higher wages at oil refineries spurred demands for a general strike.
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Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
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Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
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Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
Oil prices settled sharply higher rebounding from steep losses the previous two sessions.
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Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand
Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could push the world economy into recession with higher interest rates.
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Oil Swings Higher As Tight Supplies Overshadow Demand Destruction
Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.
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Oil Settles Up As Supply Risks Outweigh Economic Worries
Oil prices settled slightly higher as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand.
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Oil Edges Higher On Tight Supply, Rising U.S. Refining Activity
Brent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West Texas Intermediate (WTI) crude for July delivery ended up 56 cents to $110.33 a barrel.
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Oil Settles Up As Supply Risks Outweigh Economic Worries
Oil prices settled slightly higher as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand.
-
Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
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U.S. Oil Busts Through $90/Bbl For First Time Since 2014
Global benchmark Brent crude settled at $91.11 a barrel, up $1.64, or 1.8%, while West Texas Intermediate crude soared $2.01, or 2.3%, higher to end at $90.27 a barrel, the first time the U.S. benchmark has closed above the $90-level since Oct.6, 2014.
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Oil Prices Fall 5% After IMF Cuts Growth Outlook
Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.
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Oil Rises On News EU May Phase In A Ban On Russian Oil Imports
Oil prices settled higher after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in a ban on Russian oil imports.
-
Sensex Jumps 750 Points After Trump Announces Israel-Iran Ceasefire
Indian equities opened higher on Tuesday after US President Donald Trump announced a ceasefire agreement between Iran and Israel.
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
Thousands Of Protesters March In Paris Over Soaring Prices
Thousands of people took to the streets of Paris on Sunday to protest against soaring prices as weeks of strikes for higher wages at oil refineries spurred demands for a general strike.
-
Nasdaq Falls With Dollar, Oil Rises; Earnings, Fed In Focus
Nasdaq closed lower on Monday after a choppy session for U.S. equities ahead of a big week of technology earnings reports while oil prices rose and treasury yields edged higher as investors braced for a Federal Reserve interest rate hike.
-
Oil Slumps $3/bbl On Gasoline Stockpiles, Rate Hikes And Resuming Supply
Oil prices fell more than $3 a barrel on higher U.S. gasoline stockpiles and after a European Central Bank (ECB) rate hike stoked demand worries, while returning oil supply from Libya and the resumption of Russia's gas flows to Europe eased supply restraints.
-
Oil Settles Up Nearly $4 As Tight Supply Outweighs Recession Fears
Oil prices settled sharply higher rebounding from steep losses the previous two sessions.
-
Oil Prices Slump As Investors Fear Fed Rate Hikes Will Hurt Demand
Investors have been paring positions in risky assets as they assess whether inflation-fighting central banks could push the world economy into recession with higher interest rates.
-
Oil Swings Higher As Tight Supplies Overshadow Demand Destruction
Oil prices swung higher in volatile trading on Monday, as traders focused on tight supplies over slowing global economic growth.
-
Oil Settles Up As Supply Risks Outweigh Economic Worries
Oil prices settled slightly higher as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand.
-
Oil Edges Higher On Tight Supply, Rising U.S. Refining Activity
Brent crude futures for July settled up 47 cents to $114.03 a barrel, while U.S. West Texas Intermediate (WTI) crude for July delivery ended up 56 cents to $110.33 a barrel.
-
Oil Settles Up As Supply Risks Outweigh Economic Worries
Oil prices settled slightly higher as a planned European Union ban on Russian oil and easing of COVID-19 lockdowns in China countered concerns that slowing economic growth will hurt demand.
-
Oil Hits 7-Year Peak On Political Risks, Supply Crunch
Brent futures rose 69 cents to settle at $90.03 a barrel, after hitting $91.70, the highest level since October 2014. U.S. crude closed 21 cents higher at $86.82 per barrel, after hitting a seven-year peak of $88.84 during the session.
-
U.S. Oil Busts Through $90/Bbl For First Time Since 2014
Global benchmark Brent crude settled at $91.11 a barrel, up $1.64, or 1.8%, while West Texas Intermediate crude soared $2.01, or 2.3%, higher to end at $90.27 a barrel, the first time the U.S. benchmark has closed above the $90-level since Oct.6, 2014.
-
Oil Prices Fall 5% After IMF Cuts Growth Outlook
Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of higher inflation.
-
Oil Rises On News EU May Phase In A Ban On Russian Oil Imports
Oil prices settled higher after an early decline as investors covered short positions ahead of the long weekend and on news that the European Union might phase in a ban on Russian oil imports.
