Oil Prices Plunge
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Rupee Plunges To All-Time Low Of 82.33 Against Dollar
While it found brief respite after the RBI delivered its fourth consecutive interest rate hike last week, a widening trade deficit driven by rising oil prices and a slowdown in exports have dragged the rupeedown.
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Oil Falls 2% On Expectations That US Gulf Supply Disruption Will Ease
Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.
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Oil Prices Fall, Taking A Breather A Day After Surging Over $5 A Barrel
Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's interest rate hike may be less than thought.
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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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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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New Delhi In Discussion To Buy Discounted Moscow Oil
India is exploring options for buying Russian crude oil, authorities said Tuesday, with prices plunging to record lows in the wake of a global backlash to the Ukraine conflict.
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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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Brent Crude Heads For 5th Week Of Losses As Oil Prices Plunge On New Covid Variant
U.S. West Texas Intermediate (WTI) crude was down $10.10, or 12.9 per cent, at $68.29 a barrel, after Thursday's Thanksgiving holiday in the United States.
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Rupee Plunges To 73.38 Against Dollar Amid Rising Crude Oil Prices
Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 72.85 against the dollarand traded in the range of 72.77-73.47 during the session
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Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices
Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices.
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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...
-
Rupee Plunges To All-Time Low Of 82.33 Against Dollar
While it found brief respite after the RBI delivered its fourth consecutive interest rate hike last week, a widening trade deficit driven by rising oil prices and a slowdown in exports have dragged the rupeedown.
-
Oil Falls 2% On Expectations That US Gulf Supply Disruption Will Ease
Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the U.S. Gulf of Mexico would be short-term, while recession fears clouded the demand outlook.
-
Oil Prices Fall, Taking A Breather A Day After Surging Over $5 A Barrel
Oil prices fell on Tuesday, taking a breather after surging more than $5 a barrel in the previous session as a plunging dollar supported buying interest and on expectations the U.S. Federal Reserve's interest rate hike may be less than thought.
-
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.
-
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.
-
New Delhi In Discussion To Buy Discounted Moscow Oil
India is exploring options for buying Russian crude oil, authorities said Tuesday, with prices plunging to record lows in the wake of a global backlash to the Ukraine conflict.
-
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.
-
Brent Crude Heads For 5th Week Of Losses As Oil Prices Plunge On New Covid Variant
U.S. West Texas Intermediate (WTI) crude was down $10.10, or 12.9 per cent, at $68.29 a barrel, after Thursday's Thanksgiving holiday in the United States.
-
Rupee Plunges To 73.38 Against Dollar Amid Rising Crude Oil Prices
Rupee Vs Dollar Today: At the interbank foreign exchange market, the domestic unit opened at 72.85 against the dollarand traded in the range of 72.77-73.47 during the session
-
Saudi Aramco Q2 Profits Slump 73% On Low Oil Prices
Energy giant Saudi Aramco said on Sunday its net profit for the second quarter plunged a massive 73 percent year-on-year due to sharply lower oil prices.
-
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...
