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At Close: Jun 03, 2026
Opinion: Increasing fossil fuel production will not lead to peace
02:00pm, Friday, 04'th Mar 2022 The Globe and Mail
Human suffering from war and climate change can only be alleviated by standing against oil and gas
World Powers, Iran Near Deal on Staggered Return to Nuclear Pact - BNN Bloomberg
01:55pm, Friday, 04'th Mar 2022 BNN Bloomberg
World powers are close to an agreement with Iran on a sequenced return to the 2015 nuclear accord to be implemented over a period of months, with relief for reeling global oil markets unlikely to come overnight.
Russia supply angst fuels hefty weekly gains for Oil, gas and metals
01:48pm, Friday, 04'th Mar 2022 Metro US
SINGAPORE/LONDON (Reuters) – Commodity markets were on track on Friday for their biggest weekly gains in years as the shuttering of Ukrainian ports and sanctions against Russia sent energy, crop and metal buyers scrambling for replacement supplies. Russia is one of the world’s biggest exporters of key raw materials, from gas and crude oil to … Read More
COMMODITIES Russia supply angst fuels hefty weekly gains for Oil, gas and metals
01:48pm, Friday, 04'th Mar 2022 Reuters
Commodity markets were on track on Friday for their biggest weekly gains in years as the shuttering of Ukrainian ports and sanctions against Russia sent energy, crop and metal buyers scrambling for replacement supplies.
Russia-Ukraine conflict increasing inflation pressures, says Moody’s
01:41pm, Friday, 04'th Mar 2022 Financial Mirror
Russia’s invasion of Ukraine and subsequent economic sanctions have increased risks to the global economic outlook, Moody’s Investors Service said in a report on Friday, adding that the magnitude of the effects will depend on the length and severity of the crisis. The rating agency said rising prices for commodities from the region, such as oil, grains and metals, are increasing inflationary pressures, and that if disruptions and uncertainty translate into a significant and extended squeeze on liquidity, it would weaken funding conditions for high-yield issuers, and for some emerging market countries. “Escalation of the military conflict would put Europe’s The post Russia-Ukraine conflict increasing inflation pressures, says Moody’s appeared first on Financial Mirror .
Markets drop to 7-month low on FPI pullout over Ukraine tensions
01:41pm, Friday, 04'th Mar 2022 Business Standard
Benchmark indices shed up to 1.5% as oil price surge trigger spook investors; war adds to concerns of slowing economic growth and inflation
Crude Oil Price Forecast: Exhaustion into Multiple Long-term Highs
01:40pm, Friday, 04'th Mar 2022 DailyFX
WTI oil is trading at levels from a decade ago and longer, and with yesterday''s turnabout it indicates an exhaustion in the near-term at the least.
Stocks end lower as Russia-Ukraine war escalates
08:53am, Friday, 04'th Mar 2022 Manila Bulletin News
The local stock market closed Friday lower as it seesawed between gains and losses during the week. The main index lost 46.08 points or 0.62 percent to close at 7,342.01 as conglomerates led the retreat with Property and Mining firms holding their ground. Volume dropped to 1.33 billion shares worth P5.22 billion as losers outnumbered gainers 102 to 89 with 44 unchanged. PSEI-NEW-PHOTO-1024×683 “Philippine shares closed in the red despite the declining volatility in energy and bond markets,” said Regina Capital Development Corporation Managing Director Luis Limlingan. He noted that, “Investors continue to monitor the war in Ukraine, all the while worrying about the Fed’s bid to hike rates this March.” Philippine inflation came out better than expected for February at 3.0 percent and was able to tame some of the selling, Limlingan added. Philstocks Financial Research and Engagement Officer Claire Alviar said “The bourse fell as the conflict between Russia and Ukraine worsens… Oil prices which remain elevated as a result of the conflict fueled inflation concerns which in turn dampened investors’ sentiment.
Rupee crosses 76 mark against greenback as oil prices shoots up
08:45am, Friday, 04'th Mar 2022 IIFL
India’s trade deficit and inflation outlook are worsening amidst this gripping crisis between Russia and Ukraine.
Tricky quiz drives motorists around the bend – because they have no idea what the symbols on their dashboard really mean
08:24am, Friday, 04'th Mar 2022 The Irish Sun
THIS tricky quiz is driving motorists around the bend – because many have no idea what the symbols on their car dashboard really mean. Drivers have to answer eight questions on what the different symbols commonly displayed in vehicles represent. An oil warning sign, the bonnet not being closed and a warning to check your […]
Supply panic amid Russian sanctions sends fuel costs beyond $2. Here’s why you should fill up now
08:02am, Friday, 04'th Mar 2022 Seven News
Record petrol prices mean Aussies are feeling the pinch, as a sanctions-panic ripples through the oil market
India increasing ethanol storage, targets 20% blended petrol by 2025
07:59am, Friday, 04'th Mar 2022 Livemint
India is the world''s third biggest oil importer and relies on foreign suppliers to meet more than 80% of its demand.
Trading - Court filing seeks to seize Iran oil on US-owned tanker
07:57am, Friday, 04'th Mar 2022 Business Mag
DUBAI, United Arab Emirates - Victims of the Sept. 11 terror attacks have asked the U.S. government to seize Iranian crude oil suspected to be on an American-owned oil tanker…
Miners feel pump squeeze
07:54am, Friday, 04'th Mar 2022 Mining Monthly
Oil price nudging $120/bbl as demand surges.
Putin''s attack wipes off D-Street investor wealth worth more than Ukraine''s GDP
07:49am, Friday, 04'th Mar 2022 Economic Times India
NEW DELHI: Russian strikes at Europe''s largest nuclear plant in Ukraine whipped Rs 5 lakh crore ($66 billion) off investor wealth on Friday, with the geopolitical tension eroding about Rs 15 lakh crore ($197 billion) in fortune ever since Russia on February 15 announced a partial withdrawal of its troops from Ukrainian border only to launch a full-scale invasion later on.Data showed the BSE market capitalisation stood at about Rs 246 lakh crore on Friday compared with Rs 251 lakh crore in the previous session, a fall of Rs 5 lakh crore or $66 billion at today''s exchange rate of 76 per dollar. Only a few of analysts on the Street could anticipate the turn of events that followed after Feb 15. Since then, the Sensex has lost about 4,000 points and investors have lost $197 billion. The wealth erosion on Dalal Street was higher than Ukraine''s 2021 GDP estimated at $181.03 billion by the IMF.Oil prices, on the other hand, went near the $120 a barrel mark.On Feb 21, Russian President Vladimir Putin recognised two eastern Ukrainian regions Luhansk and Donetsk as independent states and ordered Russian troops to act as “peacekeepers”.
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