Oil Prices Drop

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  Oil Prices Drop As Israel Agrees To Ceasefire Proposal

  Oil prices sank more than five percent Tuesday after Israel said it had agreed to US President Donald Trump's proposal for a bilateral ceasefire with Iran. Brent was down 5.2 percent at $67.75 per barrel.

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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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  Energy Giant Saudi Aramco Records 15% Profit Drop, Cites Low Oil Prices

  Energy giant Saudi Aramco reported a 15 percent year-on-year drop in third quarter profit on Tuesday, citing low oil prices.

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  "If They Don't Offer Discount...": India As Russian Oil Imports Drop

  India's oil imports from Russia fell due to unattractive pricing and not because of payment problems, Oil Minister Hardeep Singh Puri said on Wednesday.

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  Equities Bounce Back While Yields, Oil Prices Drop

  U.S. Treasuries rallied, with the yield on the benchmark 10-year note tumbling from a more than three-year high to below 3% as investors reassessed the inflation outlook before U.S. consumer price index (CPI) data

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  Oil Prices Settle Down On Fears Of Fed And Oil Profit Tax

  Tight supply has been aggravated by a drop in exports from Libya amid a political crisis that has hit output and ports.

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  Oil Prices Fall Over 2% As Fed Hikes Interest Rates

  Brent crude futures for August settled down $2.7, or 2.2%, at $118.51 a barrel, having fallen as low as $117.75. U.S. West Texas Intermediate crude for July fell $3.62, or 3.04%, to $115.31 a barrel, after dropping to a low of $114.60.

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  Equities Bounce Back While Yields, Oil Prices Drop

  U.S. Treasuries rallied, with the yield on the benchmark 10-year note tumbling from a more than three-year high to below 3% as investors reassessed the inflation outlook before U.S. consumer price index (CPI) data

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  Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'

  Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.

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  Oil Rebounds On Speculation OPEC+ May Pause Output Increase

  Oil prices plunged more than 10% on Friday - their biggest one-day drop since April 2020 - as the new variant spooked investors across financial markets.

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  Oil Drops 2% Amid Russia-Ukraine Peace Talks, China Lockdowns

  Lockdowns have dampened consumption of transportation fuels in China to a point where some independent refiners are trying to resell crude purchased for delivery over the next two months, traders and analysts said.

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  India's Feb Crude Oil Imports Hit 4 Month-Low As Global Prices Surge

  India's crude oil import dropped 8.6 percent over January 2022 while fuel consumption rose 5.4 percent year on year

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  Omicron Rattles Oil Markets But Impact Unclear

  Oil prices plunged more than 10% on Friday - their largest daily drop since April 2020 - but recovered some of those losses on Monday, standing up nearly 5% on the day.

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  Goldman Sachs Says Global Oil Reserves Release 'A Drop In The Ocean'

  Brent crude prices have also priced in an additional hit to global oil demand of 1.5 million barrels per day for the next three months from the impact of COVID-19 in Europe and China, Goldman said.

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  Oil Settles Down $10/Barrel In Largest Daily Drop Since April 2020

  Oil fell with global equities markets on fears the variant, could dampen economic growth and fuel demand.