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Read more about Monday Mayhem: Ukraine-Russia clash, oil prices send Sensex 1,500 pts down on Business Standard. There are no worries till Nifty trades above the 16,800 level but if Nifty slips below 16,800, then things may become ugly

Escalating tension in Europe has sent global oil prices towards $US100 a barrel, which will eventually result in even higher petrol costs at the pump.

ONGC share price: Oil and Natural Gas Corporation shares rose after a strong set of Q3 earnings by the company and amid rising crude oil prices. Here''s what brokerages Citi and JPMorgan said on ONGC.

Petroleum marketers, yesterday, said the Nigerian National Petroleum Corporation (NNPC) Limited is yet to evacuate adulterated petroleum from fuel stations as motorists jostle to purchase premium motor spirit. The post NNPC yet to withdraw dirty fuel as petrol queues linger appeared first on The Guardian Nigeria News - Nigeria and World News .

Asian stock markets are lower and oil prices have risen amid concern about a possible Russian invasion of Ukraine.

US equities had settled lower on Friday and investors at home were cautious amid the second phase of polling in Uttar Pradesh. The market was also unsure of how India''s likely biggest IPO by LIC would influence the secondary market.

The benchmark indices suffered substantial losses in early trade on selling pressure in index pivotals. Global equities skid as tensions rise over Russia''s military buildup near Ukraine. Oil prices on Monday hit their highest in more than seven years on fears that a possible invasion of Ukraine by Russia.

https://www.investing.com/news/commodities-news/oil-up-hits-7year-high-over-fears-of-russian-attack-on-ukraine-2763113

That''s a worrying combination for the U.S. Federal Reserve and fellow central banks as they seek to contain the strongest price pressures in decades

This is worrying for the US Fed and fellow central banks as they seek to contain the strongest price pressures in decades without derailing recoveries from the pandemic.

Comments from the United States about an imminent attack by Russia on Ukraine have rattled global financial markets.

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