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After an epic collapse last year, oil prices have tripled since April, raising inflationary pressures in emerging markets
Saudi Arabia joined the ranks of countries that get paid to borrow in euros as the outlook for the kingdom turns favorable with a recovery in oil prices
Oil prices hit 13-month highs on tighter supplies, Fed assurance on low rates #WorldMarket #Commodity #Investmentguruindia
OPEC+ will have an important say in how the oil supercycle plays out. Oil prices are now at a level that could bring at least the smaller US operators back and even start to tempt renewed longer-cycle Paul Hickin writes #Oilprices #Oil
A planned overhaul of how the world’s most important benchmark crude price is calculated has caused a surge in trading of swaps used to hedge North Sea oil prices
Wall Street brokerage Bank of America Securities said in a note on Tuesday that a 10% spike in oil prices can push up retail inflation by 0.23%, badly hurting consumption at a time when the economy is just about recovering. Read:
#Reliance Industries Ltd sought bids from buyers of coal gas it produces from CBM blocks in Madhya Pradesh at a minimum price of about USD 6 at the current oil price.
Rumblings are starting to emerge that by the end of next year oil prices could once again top $100 a barrel
Fuel prices, which rose to fresh highs on Tuesday, are expected to continue their upward spiral with crude oil rising above $66 a barrel in the international market and no hint of tax cuts from the government.
SELL CRUDE OIL AROUND 4500 SL ABOVE 4530 TGT 4470/4430 - Axis Securities #CommodityTips #AxisSecurities #Investmentguruindia