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Latest Articles in oil prices
Oil Ends Quarter Up 28% On Tight Global Supply
Front-month Brent November futures settled down 7 cents to USD 95.31 per barrel at the contract's expiry, up about 2.2 per cent in the week and 27 per cent in the third quarter
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Nifty Turns Choppy After Early Gains, Ends At 4-week Low
The Nifty 50 fell 0.98 per cent to 19,523 points, while the S&P BSE Sensex fell 0.92 per cent to 65,508 points
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Stocks Turn Red, Nifty Slips Below 20,000 Levels
At closing, the Nifty dropped 1.15 per cent, to 19,901.40, while the Sensex dropped 0.36 per cent to 67,596.84
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Oil Prices Extend Gains Towards $95 On Limited Supply
Brent crude futures rose 47 cents to USD 94.40 a barrel by 1421 GMT while US West Texas Intermediate crude futures were up 79 cents at USD 91.56
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Asian Paints' Stock Dips For Second Consecutive Day Amidst Soaring Oil Prices
Since many of the raw ingredients required to make paints are petroleum-based, the rise in oil prices has had a negative effect on the paint production business
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Rupee Falls For Third Day In Row As Increased US Yields, Oil Prices Weigh On It
The rupee closed at 83.1325 against the US dollar, down 0.11 per cent from its close of 83.04 on Tuesday
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Oil Prices Show Modest Gains Amidst Supply Expectations And Economic Factors
Brent crude November futures rose by a marginal 3 cents to USD 88.58 a barrel, while US West Texas Intermediate (WTI) crude October futures gained 9 cents to reach USD 85.64 a barrel
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On Supply Concerns, Oil Price Rise To Its Highest In Almost Seven Months
Saudi Arabia is widely expected to extend a voluntary 1 million barrel per day oil production cut into October, prolonging supply curbs engineered by the OPEC and allies, known collectively as OPEC+, to support prices
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Supply Constraints And Economic Uncertainties Lift Oil Prices Worldwide
Global oil prices experienced an upward surge on Monday, driven by a confluence of factors including dwindling supply from key oil-producing nations and persistent concerns regarding global demand amidst elevated interest rates.
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ONGC's Quarterly Profit Dips 34% Amid Falling Oil Prices, Production Challenges
In the period of April to June, the revenue showed a year-on-year decrease of 20 per cent, amounting to Rs 33,814 crore
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IEA Warns OPEC+ Supply Cuts Could Drive Oil Prices Higher
Tighter supplies, coupled with robust global demand, have been instrumental in propelling oil prices to recent peaks, with Brent crude reaching over USD 88 a barrel, marking its highest level since January
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After Gaining In July, Oil Price Falls On Hints Of Profit-taking
Brent crude futures for October were at USD 84.86 a barrel at 1328 GMT, down 57 cents. Front-month Brent settled at its highest since 13 April on Monday
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Oil To Achieve Biggest Monthly Gains In Over A Year
The surge in prices was fuelled by expectations that Saudi Arabia would continue voluntary output cuts until September, leading to a tighter global supply
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Oil Prices Rise For Fourth Week In Row As Supply Becomes Scarce
Brent crude futures rose USD 1.43 or 1.8 per cent, to settle at USD 81.07 a barrel, with a weekly gain of about 1.2 per cent and US West Texas Intermediate crude ended USD 1.42 or 1.9 per cent, higher at USD 77.07 a barrel, its highest since 25 April
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Oil Price Falls Over 1% As Demand Dampens
Brent crude fell 96 cents or 1.2 per cent to USD 78.91 a barrel by 1153 GMT and US West Texas Intermediate crude dropped by 90 cents or 1.2 per cent to USD 74.52 on a second straight day of losses for both contracts
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