Oil Price Slump
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Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
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Lower Oil Prices Defy Robust Forecasts For Global Demand: Report
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
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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 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 Slumps 6% To Four-Week Low On Recession Worries, Strong Dollar
Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.
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Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
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OPEC Share Of India's Oil Imports Steadies After Six-Year Slump
Russian oil continued to account for less than 1% of India's crude imports in 2021/22.
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Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release Announcement
Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.
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Sensex Pauses Sharp Two-Day Rally, Slumps 571 Points; Nifty Settles Below 17,150
The Indian equity benchmarks plunged on Monday, halting a sharp two-day rally as the continued conflict in Ukraine pushed oil prices higher.
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India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
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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 Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.
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Rupee Slumps To 74.32 Against Dollar, Reports Biggest Monthly Fall In 15 Months
Rupee Vs Dollar Today: The rupee closed lower to 74.32 against dollar amid a firm American currency and rising crude oil prices - both of which weighed on investor sentiment
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Crude Oil Price Holds Above $44 Per Barrel Mark, Heads For Weekly Drop
Oil has recovered since April, when Brent slumped to a 21-year low below $16 and US crude briefly went into negative territory.
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India's Crude Imports Fall To Lowest In Over A Decade In July
Crude oil imports from July 2020 slumped about 36.4 per cent from a year earlier to 12.34 million tonnes, or 2.92 million barrels per day, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed.
-
Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
-
Lower Oil Prices Defy Robust Forecasts For Global Demand: Report
Oil prices have tumbled by around a quarter in the past three months, largely due to fears of a prolonged slump in global energy demand. But no major forecaster is actually predicting one.
-
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 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 Slumps 6% To Four-Week Low On Recession Worries, Strong Dollar
Oil prices tumbled about 6% to a four-week low on Friday on worries that interest rate hikes by major central banks could slow the global economy and cut demand for energy.
-
Oil prices slump as investors fear Fed rate hikes will hurt demand
Brent crude futures settled at $110.05 a barrel, falling $1.69, or 1.5%. U.S. West Texas Intermediate (WTI) crude futures settled at $104.27 a barrel, down $1.92, or 1.8%.
-
OPEC Share Of India's Oil Imports Steadies After Six-Year Slump
Russian oil continued to account for less than 1% of India's crude imports in 2021/22.
-
Oil Slumps To Three-Week Low After Fed Minutes, Big IEA Reserve Release Announcement
Oil futures fell sharply on Wednesday after large consuming nations said they would release oil from reserves to counter tightening supply and hawkish minutes from the U.S. central bank that bolstered the dollar.
-
Sensex Pauses Sharp Two-Day Rally, Slumps 571 Points; Nifty Settles Below 17,150
The Indian equity benchmarks plunged on Monday, halting a sharp two-day rally as the continued conflict in Ukraine pushed oil prices higher.
-
India's IOC Buys First Russian Urals Crude In 2 Years After Prices Slump
Indian Oil Corp, the country's top refiner, has bought Russian Urals crude for the first time in two years, after spot differentials slumped, according to trade sources and Refinitiv data.
-
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 Rebounds On Speculation OPEC+ May Pause Output Increase
Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that OPEC+ may pause an output increase in response to the spread of Omicron, but the mood remained cautious with little known about the new variant.
-
Rupee Slumps To 74.32 Against Dollar, Reports Biggest Monthly Fall In 15 Months
Rupee Vs Dollar Today: The rupee closed lower to 74.32 against dollar amid a firm American currency and rising crude oil prices - both of which weighed on investor sentiment
-
Crude Oil Price Holds Above $44 Per Barrel Mark, Heads For Weekly Drop
Oil has recovered since April, when Brent slumped to a 21-year low below $16 and US crude briefly went into negative territory.
-
India's Crude Imports Fall To Lowest In Over A Decade In July
Crude oil imports from July 2020 slumped about 36.4 per cent from a year earlier to 12.34 million tonnes, or 2.92 million barrels per day, data from the Petroleum Planning and Analysis Cell (PPAC) of the Ministry of Petroleum & Natural Gas showed.
