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Oil Surges More Than 3% As Fed's Powell Eases Rate Hike Concerns
Brent crude futures were up $2.70, or 3.3%, to $83.69 a barrel, while U.S. West Texas Intermediate crude futures rose $3.03, or 4.1%, to $77.14 per barrel.
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Iraqi Oil Flows Resume To Turkey, Azeri Exports Still Stopped
The ministry of natural resources for Iraq's Kurdistan Regional Government (KRG) said the pipeline restarted flows at 9:45 p.m. local time (1845 GMT)
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Oil Settles Up For Third Day As Interest Rate Concerns Ease
Brent crude settled up $1.40, or 1.7%, to $85.09 a barrel while U.S. West Texas Intermediate (WTI) crude settled up $1.33, or 1.7%, to $78.47.
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Gulf Nations To Remain Major Oil Suppliers To India For A 'Long Time', Minister Says
He also said India will consider buying oil from Iran and Venezuela if sanctions are lifted and would continue purchases from Russia if prices "continue to be good"
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India's HPCL Posts 80% Drop In Q3 Profit On Marketing Margin Hit
Revenue from operations for the company rose 12.6% to 1.16 trillion rupees from 1.03 trillion rupees a year earlier.
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Oil India Beats Q3 Profit View On Higher Output, Better Pricing
The company said it posted its highest ever profit in a quarter due to better pricing and higher output of crude oil and natural gas.
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Oil Prices Rise Over 2% On Russian Plan To Cut Output
Russia plans to reduce its crude oil production in March by 500,000 barrels per day (bpd), or about 5% of output
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Oil Edges Higher As Market Weighs Russian Supply Cuts Amid Demand Fears
Brent futures for April delivery rose 22 cents, or 0.3%, to $86.61 a barrel, while U.S. crude rose 42 cents, or 0.5%, to $80.14 per barrel gain.
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India's ONGC Posts 26% Rise In Q3 Profit On Higher Crude, Gas Prices
India in September raised the price of locally produced gas by 40% to a record $8.57 per million metric British thermal units
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Oil Settles Down 1%, Then Drops More On Hint Of Big U.S. Crude Build
Sources said the industry group reported a crude oil build of 10.5 million barrels in the week ended Feb. 10.
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Russia Price Caps Spur India Interest In Naphtha, Fuel Oil, But Not Diesel
Prices for refined products such as naphtha and fuel oil are capped at $45 a barrel by the Group of Seven nations, the European Union, and Australia
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India May Consider Fuel, Maize Tax Cuts To Cool Inflation - Sources
India's annual retail inflation rate rose to 6.52% in January from 5.72% in December
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Oil Little Changed As Market Discounts Big U.S. Crude Storage Build
Brent futures slid 20 cents, or 0.2%, to $85.38 a barrel, while U.S. West Texas Intermediate (WTI) crude fell 47 cents, or 0.6%, to $78.59.
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India Cuts Windfall Tax On Crude, Aviation Turbine Fuel And Diesel
Windfall tax on crude was cut to 4,350 rupees ($52.60) per tonne from 5,050 rupees per tonne
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Shares Fall With Oil Prices Amid Concerns About U.S. Fed Rate Hikes
Friday's data showed a year-over-year 0.8% increase in export prices versus expectations for a decline of 0.2%.
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Oil settles down $2/bbl, ends week lower on Fed worries, ample supply
Brent crude futures settled down $2.14 or 2.5%, to $83.00 a barrel, falling 3.9% week on week
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India's Ashok Leyland Beats Quarterly Profit Estimates On Easing Costs, Truck Demand
The Indian trucking sector is making a comeback after two years on the back of increased mining activities, e-commerce growth and an uptick in infrastructure projects
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Tesla Raises Prices Of Some Model Y Versions In China
The starting prices of the two versions of Model Y in China increased by 2,000 yuan each to 311,900 yuan ($45,473) and 361,900 yuan, respectively, information on the website showed.
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Russians Switch To Used Cars As Sanctions Pummel Auto Sector
While analysts continue to debate the overall effectiveness of economic curbs on Russia, there can be no doubt they have hit hard in its car industry, which was heavily reliant on foreign manufacturers and imported parts.
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Luminar, Mercedes-Benz Expand Deal For Self-Driving Tech
Automakers from Tesla Inc to General Motors are focusing on autonomous vehicles, but technological and regulatory hurdles remain.
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