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You Searched For "oil prices 2022" and got 20 results


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1 min read

Oil prices plunge most in 2 years after Israel's strike on Iran spares production facilities

Iran produced about 4 million barrels of oil per day in 2023. A strike on its crude production faci…

Matthew Fox   


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2 mins read

Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says

Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …

Jennifer Sor   


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2 mins read

Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…

Matthew Fox   


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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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2 mins read

Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says

Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…

Jennifer Sor   


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2 mins read

Stock market today: US stocks jump ahead of crucial week of earnings and data

There are five mega-cap tech giants worth a combined $12 trillion set to report third-quarter earni…

Matthew Fox   


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1 min read

Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions

Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…

Kelly Cloonan   


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2 mins read

Stock market today: S&P 500 has its best day since 2022 as stocks rally after encouraging labor market data

Indexes climbed on Thursday as investors gained more confidence in the economy after new data showe…

Kelly Cloonan   


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1 min read

Spiking oil prices helped Russia energy-tax revenue double last month

The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…

Filip De Mott   


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1 min read

Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says

Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…

Filip De Mott   


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2 mins read

Stock market today: Stocks close mixed as investors gear up for major Fed rate decision

Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over…

Filip De Mott   


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3 mins read

India's oil import bill could swell to $101-104 billion in FY25: ICRA

As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…

PTI   


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2 mins read

Gandhar Oil Refinery IPO subscribed 64x as QIBs rush in

The ₹500.69 crore initial public offer (IPO) of Gandhar Oil Refinery was subscribed 5.5 times on th…

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2 mins read

Nvidia is flashing a sell signal and its huge rally marks the peak of a 40-year market cycle, veteran strategist says

Most of Nvidia's employees are already millionaires - the "best reason" to sell the stock, one stra…

Jennifer Sor   


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1 min read

3 reasons to pile into gold with the metal poised to rally in 2025, according to Goldman Sachs

"Gold offers significant hedging value to portfolios against geopolitical shocks including tariffs,…

Matthew Fox   


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2 mins read

The 'bull is just starting': Commodities are a better bet than bonds for the rest of the 2020s, BofA says

Bank of America said commodities could generate annualized returns of 11%, nearly doubling the rece…

Matthew Fox   


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2 mins read

Stock market today: US stocks slip as traders count down to Nvidia earnings

"For equities, all attention is now on Nvidia's earnings release tonight," Deutsche Bank strategist…

Jennifer Sor