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At Close: Jun 04, 2026
(Repeats with no changes to the text, adds reporting credit) CAIRO, Feb 14 (Reuters) - The International Energy Agency''s (IEA) chief Fatih Birol urged the OPEC+ group of oil producers to close the gap between its words and its actions, as prices on…

Rupee slumps 20 paise to 75.56 against US dollar in early trade

06:10am, Monday, 14'th Feb 2022 Business Standard
Forex traders said muted domestic equities and elevated crude oil prices weighed on the local unit.
Australian shares inched higher on Monday, helped by energy stocks as oil prices jump on fears of a possible invasion of Ukraine by top energy producer Russia that would disrupt exports in an already tight market, while gains were capped by technology stocks.
A sustained elevation in oil prices could pose a risk to the market and potentially hinder an economic recovery, says the Chief Investment Officer of ICICI Prudential Life Insurance Company.

Rupee, gilts weaken as inflation worries deepen on surging oil prices

05:38am, Monday, 14'th Feb 2022 Economic Times India
The partially convertible rupee opened at 75.5430/$1 as against 75.3800/$1 at previous close. So far in the day, the Indian currency moved in a band of 75.5680-75.5920/$1.
Salma Wael and Aqila AlasaeedRIYADH: Saudi Arabia is to
Asian stock markets fell Monday and oil prices rose amid concern about a possible Russian invasion of Ukraine.
https://www.investing.com/news/commodities-news/oil-prices-clamber-towards-7year-highs-on-russiaukraine-tensions-2763078
In Q3FY22, ONGC''s net profit jumped 597 per cent YoY to Rs 8,764 crore, as against Rs 1,258 crore in the corresponding quarter of previous fiscal (Q3FY21).
© Reuters. FILE PHOTO: A woman wearing a protective mask, amid the COVID-19 outbreak, walks past an electronic board displaying Japan and other countries’ stock indexes outside a brokerage in Tokyo, Japan, September 21, 2021. REUTERS/Kim Kyung-Hoon By Wayne Cole SYDNEY (Reuters) – Asian shares and European stock futures sagged on Monday as warnings that …
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Why Russian Invasion Peril Is Driving Oil Prices Near $100

10:06pm, Sunday, 13'th Feb 2022 The Wall Street Journal
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.

Is Venezuela Lying About Its Oil Output?

10:00pm, Sunday, 13'th Feb 2022 OilPrice com
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

Track oil prices despite easing inflation

08:22pm, Sunday, 13'th Feb 2022 BusinessMirror
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
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