Oil Prices Plunge
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After 'Permitting' India, US Allows Sale Of Russian Oil Already At Sea
The United States is temporarily allowing the sale of Russian oil that is at sea, the Treasury Department said Thursday, as energy prices soared after US-Israeli strikes on Iran plunged the Middle East into war.
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5 Reasons Why Markets Shed A Whopping 12 Lakh Crore Valuation Today
Indian equities witnessed a sharp sell-off on Monday as a spike in crude oil prices, foreign investor outflows and a broader global risk-off sentiment rattled markets.
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Oil Prices Jump, Asian Markets Dip As Middle East Crisis Escalates
Asian markets plunged while oil prices briefly hit five-month highs on Monday as investors anxiously awaited Tehran's next move after the United States joined Israel in attacking Iran's nuclear facilities, escalating the Middle East crisis.
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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 Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices fell despite Moderna Inc's announcement on Monday that a booster dose of its COVID-19 vaccine appeared to be protective against Omicron in laboratory testing.
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Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices slumped after cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand.
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Oil Gains On Bets OPEC+ Will Pause Output Hike
Oil plunged around 12% on Friday along with other markets on fears the heavily mutated Omicron would spark fresh lockdowns and dent global growth.
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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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India’s Petrol, Diesel Demand Falls Due To High Prices, Lockdown
Indian state refiners' petrol and diesel sales declined in the first half of July from the same period last month, according to preliminary data, as a renewed lockdown in parts of the country and rising retail prices hit demand. India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behin...
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Oil Marketing Firm Eighty-Eight Oil Declares Force Majeure
U.S. crude marketing company Eighty-Eight Oil LLC has declared force majeure after oil producers across the Rockies and North Dakota shut production as the coronavirus eroded demand and sent prices plunging, four sources familiar with the matter said. The company declared force majeure after producers selling oil to them shut production, causing Ei...
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After 'Permitting' India, US Allows Sale Of Russian Oil Already At Sea
The United States is temporarily allowing the sale of Russian oil that is at sea, the Treasury Department said Thursday, as energy prices soared after US-Israeli strikes on Iran plunged the Middle East into war.
-
5 Reasons Why Markets Shed A Whopping 12 Lakh Crore Valuation Today
Indian equities witnessed a sharp sell-off on Monday as a spike in crude oil prices, foreign investor outflows and a broader global risk-off sentiment rattled markets.
-
Oil Prices Jump, Asian Markets Dip As Middle East Crisis Escalates
Asian markets plunged while oil prices briefly hit five-month highs on Monday as investors anxiously awaited Tehran's next move after the United States joined Israel in attacking Iran's nuclear facilities, escalating the Middle East crisis.
-
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.
-
Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices fell despite Moderna Inc's announcement on Monday that a booster dose of its COVID-19 vaccine appeared to be protective against Omicron in laboratory testing.
-
Oil Prices Plunge As Omicron's Rapid Spread Dims Fuel Demand Outlook
Oil prices slumped after cases of the Omicron coronavirus variant in Europe and the United States stoked investor worries that new restrictions to combat its spread could dent fuel demand.
-
Oil Gains On Bets OPEC+ Will Pause Output Hike
Oil plunged around 12% on Friday along with other markets on fears the heavily mutated Omicron would spark fresh lockdowns and dent global growth.
-
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.
-
India’s Petrol, Diesel Demand Falls Due To High Prices, Lockdown
Indian state refiners' petrol and diesel sales declined in the first half of July from the same period last month, according to preliminary data, as a renewed lockdown in parts of the country and rising retail prices hit demand. India on Friday became the third country in the world to record more than one million cases of the new coronavirus, behin...
-
Oil Marketing Firm Eighty-Eight Oil Declares Force Majeure
U.S. crude marketing company Eighty-Eight Oil LLC has declared force majeure after oil producers across the Rockies and North Dakota shut production as the coronavirus eroded demand and sent prices plunging, four sources familiar with the matter said. The company declared force majeure after producers selling oil to them shut production, causing Ei...
