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Crude oil futures were sharply higher in mid-morning Asian trade Feb. 14 as fears of an impending Russian invasion into Ukraine carried over to the new week after US warnings sparked a $3/b jump in prices in the Feb. 11 session. At 10:22 am Singapore time (0215 GMT), the ICE April Brent futures contract was up $1.18/b (1.25%) from the

February 14, 2022 10:22 AM SYDNEY (REUTERS) - Asian shares fell on Monday (Feb 14) as warnings Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted safe-haven bonds and belted the euro.

Watch this space as we bring you LIVE updates of the day''s proceedings from Dalal Street.

Oil surged at the start of the week as escalating tensions over Ukraine fanned demand, with the U.S. benchmark pushing toward $95 a barrel.

The United States on Sunday said Russia might create a surprise pretext for an attack, as it reaffirmed a pledge to defend "every inch" of NATO territory.

Rethink on proportion on back of Fed tightening, high oil prices

The Rs 2 per litre additional excise duty proposed on unblended fuels in the Finance Bill will result in a uniform hike of diesel prices across the country from October 1.

Indian equities are likely to be on a weak footing next week amid concerns over growing tensions between Ukraine and Russia, multi-year high oil prices and four-decade high inflation in the US stoking sharper rate hike concerns.

(Bloomberg) -- Stocks in Asia fell Monday and oil extended gains amid caution in global markets stemming from geopolitical worries about Ukraine.Most Read from BloombergCovids Great Uncoupling: Gap Widens Between Cases and DeathsBiden-Putin Call Is Inconclusive as Ukraine Tensions DeepenU.K. Hospital Patient Dies From Confirmed Case of Lassa FeverZelenskiy Invites Biden; Scholz Prepares Visit: Ukraine UpdateSingapores Young Super-Rich Snap Up the Islands Priciest HomesJapan led declines and S

Oils surge toward $100 a barrel for the first time since 2014 is threatening to deal a double-blow to the world economy by further denting growth prospects and driving up inflation.

Spare supplies of oil and gas are limited globally as demand rebounds faster than production, making a Russian move on Ukraine a serious geopolitical risk event.

A surprise jump in Venezuelas crude oil output at the end of 2021 caught industry analysts by surprise. According to data provided by Caracas to OPEC the crisis-riven country pumped an average of 871,000 barrels per day during December 2021. That number, while considerably lower than the one million barrels per day announced by national oil company PDVSA as its end of 2021 target, still represents noteworthy growth of Venezuelas crude oil output when compared to 2020. December 2021s oil output was 3% greater than a month earlier

DESPITE the easing of inflation in January, a consumer group called on the government to keep a close

Crown Prince Mohammed bin Salman said move was part of efforts to recalibrate the oil-led economy Saudi Arabia has transferred shares worth $80bn to its sovereign wealth fund as the oil-rich nation hopes to rival Norway and Singapores state-managed funds and invest in green projects . Crown Prince Mohammed bin Salman, Saudi Arabias de facto ruler, said 4% of shares in Saudi Aramco, the worlds biggest oil exporter, would be transferred to the kingdoms sovereign wealth fund as part of efforts to recalibrate the oil-dominated economy. Continue reading

RIYADH: Saudi Arabia has moved four percent of Aramco shares worth $80 billion in the worlds biggest oil exporter to the kingdoms sovereign wealth fund, authorities said yesterday. Crown Prince Mohammed bin Salman announced the move as part of efforts to recalibrate the oil-dominated economy. The transfer is also the latest sign that Saudi Arabia