Oil Prices Collapse
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Oil Prices Fall As Silicon Valley Bank Collapse Spooks Markets
Oil prices slipped on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank startled equities markets and raised worries about a fresh
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Oil Prices Steady Near January Lows, A Day After Steep Sell-Off
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices.
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Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a pipeline from Croatia.
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Oil Hits Highest Since 2014 On Russia-Ukraine Tension
Brent crude rose $1.37, or 1.6%, to $89.57 at 1319 GMT after reaching $89.60, the highest since October 2014. U.S. West Texas Intermediate (WTI) crude was up $1.13, or 1.3%, to $86.73.
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Petrol, Diesel Prices Hiked Despite Fall In Crude
Oil prices fell for a third day on Thursday amid anxiety that supply may rise after the collapse this week of talks among major producers.
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OPEC Chief Says Does Not Expect Renewed Oil Collapse
OPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek.
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Oil Falls As Crude In U.S. Storage Nears All-Time High
Oil prices fell on signs that oil storage is filling rapidly, raising concerns that production cuts will not catch up with collapse in demand.
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Oil Rises For Second Day As Producers Trim Output To Cope With Demand Loss
Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel.
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Oil Prices Tumble As Demand Collapse; Brent Sees The Worst Fall Since 1999
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak.
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US Oil Prices Rebound Into Positive Territory After Historic Crash
US oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude.
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US Crude Oil Price Goes Negative For The First Time In History
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic's hit to demand.
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Saudis, Russians "Close To Deal", Says Donald Trump As Oil Prices Plummet
US President Donald Trump said Thursday that Russia and Saudi Arabia are "close" to agreeing on production cuts to prop up oil prices.
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Mukesh Ambani Loses Asia's Richest Crown to Jack Ma In $5.8 Billion Rout
India's top industrialist Mukesh Ambani is no longer Asia's richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.
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Rupee Slips Below 74-Mark Against US Dollar As Fear Grips Markets
The rupee on Monday continued its downward journey as the currency slid below the psychological mark of 74 against the US dollar. The currency markets crashed tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown. The currency opened at 74.03, down 25 paise, as compared to the previous closing mark an...
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Oil Drops 31% As OPEC Deal Collapse Sparks Price War, Global Markets Hit
As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.
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Oil Prices Fall As Silicon Valley Bank Collapse Spooks Markets
Oil prices slipped on Tuesday, extending the previous day's slide, as the collapse of Silicon Valley Bank startled equities markets and raised worries about a fresh
-
Oil Prices Steady Near January Lows, A Day After Steep Sell-Off
Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices.
-
Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban
Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a pipeline from Croatia.
-
Oil Hits Highest Since 2014 On Russia-Ukraine Tension
Brent crude rose $1.37, or 1.6%, to $89.57 at 1319 GMT after reaching $89.60, the highest since October 2014. U.S. West Texas Intermediate (WTI) crude was up $1.13, or 1.3%, to $86.73.
-
Petrol, Diesel Prices Hiked Despite Fall In Crude
Oil prices fell for a third day on Thursday amid anxiety that supply may rise after the collapse this week of talks among major producers.
-
OPEC Chief Says Does Not Expect Renewed Oil Collapse
OPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek.
-
Oil Falls As Crude In U.S. Storage Nears All-Time High
Oil prices fell on signs that oil storage is filling rapidly, raising concerns that production cuts will not catch up with collapse in demand.
-
Oil Rises For Second Day As Producers Trim Output To Cope With Demand Loss
Oil extended gains on Thursday amid signs that producers are cutting production to cope with a collapse in demand for fuel.
-
Oil Prices Tumble As Demand Collapse; Brent Sees The Worst Fall Since 1999
Oil prices slumped again on Wednesday, with Brent falling to the lowest since 1999, as the market struggled with a massive crude glut amid a collapse in demand for everything from gasoline to jet fuel caused by the coronavirus outbreak.
-
US Oil Prices Rebound Into Positive Territory After Historic Crash
US oil prices rebounded above zero Tuesday, a day after futures ended in negative territory for the first time as a coronavirus-triggered collapse in demand leaves the world awash in crude.
-
US Crude Oil Price Goes Negative For The First Time In History
The US benchmark crude oil price collapsed on Monday, falling to one cent a barrel amid an epic supply glut caused largely by the coronavirus pandemic's hit to demand.
-
Saudis, Russians "Close To Deal", Says Donald Trump As Oil Prices Plummet
US President Donald Trump said Thursday that Russia and Saudi Arabia are "close" to agreeing on production cuts to prop up oil prices.
-
Mukesh Ambani Loses Asia's Richest Crown to Jack Ma In $5.8 Billion Rout
India's top industrialist Mukesh Ambani is no longer Asia's richest man, relinquishing the title to Jack Ma after oil prices collapsed along with global stocks.
-
Rupee Slips Below 74-Mark Against US Dollar As Fear Grips Markets
The rupee on Monday continued its downward journey as the currency slid below the psychological mark of 74 against the US dollar. The currency markets crashed tracking weak opening in domestic equities amid mounting fears of a coronavirus-led economic slowdown. The currency opened at 74.03, down 25 paise, as compared to the previous closing mark an...
-
Oil Drops 31% As OPEC Deal Collapse Sparks Price War, Global Markets Hit
As the global oil benchmark plummeted to as low as $31.02 a barrel, Goldman Sachs Group Inc. warned prices could drop to near $20 a barrel.
