As producers balance expectations of a recovery in demand against a possible increase in Iranian supply, OPEC+ is likely to stick to the existing pace of gradually easing oil supply curbs at a meeting on Tuesday.

World Business Watch: OPEC+ likely to stick with current supply plan, sees orderly Iran return

Oil prices climbed in early Asian trade on Monday, underpinned by the bright outlook for fuel demand growth in the next quarter, while investors looked ahead to the OPEC+ meeting this week for supply guidance.

World Business Watch: Oil prices stay firm as demand to outstrip supply in H2

Oil prices climbed on Monday (May 03) as optimism about a strong rebound in fuel demand in developed countries and China in the second half of the year overshadowed growing concerns of a full lockdown in India to curb the COVID-19 pandemic.

World Business Watch: Oil prices rise amid strong rebound in fuel demand

Brent crude ended the session up 74 cents, or 1.7%, at $45.17 a barrel, while West Texas Intermediate oil settled 49 cents, or 1.2% higher, at $42.19 a barrel.

Oil prices hit 5-month high as U.S crude stocks fall

Global oil prices crashed four per cent on Friday over the spread of coronavirus as panic gripped world markets worldwide. Oil prices are on track to record the biggest slump in more than four years.

Oil prices crash 4% over spread of coronavirus, on track for biggest weekly drop in over 4 years

Indian shares rose on Friday, tracking global markets, as US-Iran tensions abated and investors looked for domestic cues ahead of corporate earnings. The NSE Nifty 50 index inched up 0.

Nifty, Sensex headed for weekly gain as Mideast tensions ease

Gold and other safe-haven assets including Oil prices increased over $2 a barrel on Friday because of the US killing of a top Iranian commander in an airstrike in Iraq ratcheted up tensions between the two national powers.

Global Markets: Oil, gold, safe haven assets prices rose as US strike kills Iranian commander

Oil prices edged higher on Tuesday in thin pre-Christmas trading after Russia's energy minister said cooperation with OPEC to support the market would continue and as analysts forecast a second weekly decline in US crude inventories.

Oil prices inch higher in pre-Christmas trading

Oil jumped above $61 a barrel on Monday, supported by hints that OPEC and its allies may agree to deepen output cuts at a meeting this week and as rising manufacturing activity in China suggested stronger demand.

Oil prices jump to $61 over OPEC+ supply cut reports

Oil prices pulled back from their highest levels in nearly two months on Friday amid lingering doubts on whether the United States and China will be able to reach a partial trade deal that would lift some pressure on the global economy.

Oil topples from two-month high on concern over US-China trade deal

Oil prices rose nearly 3 per cent on Wednesday, boosted by a wider market pickup on positive news from China's services sector, after three days of losses due to fears about a weakening global economy.

Oil prices rise nearly 3% on China service sector expansion

Oil prices clawed back the previous day's losses on Friday, with Brent nudging above $60 a barrel, as tighter supplies from key producers offset slowing demand growth while investors await clues from the Federal Reserve on US monetary policy.

Oil prices eke out small gains ahead of Federal Reserve Chair Jerome Powell speech

The RBI on August 7, 2019, reduced the repo rate by 35 bps from 5.75 per cent to 5.40 per cent. This is the fourth consecutive cut in a row this year. It also tempered the GDP growth estimates to 6.

Oil rises more than 1% after a drone attack on Saudi field

Oil prices rose around 1 per cent on Friday, steadying after an overnight plunge following US President Donald Trump's move to impose more tariffs on Chinese imports, intensifying a trade war that has hit global growth.

Oil prices steady after Trump trade tariffs spark plunge

Brewing no-deal Brexit worries sent the pound sinking towards a two-year low versus the euro and roughed up Irish bonds on Tuesday, while stock markets wilted before what is expected to be the first cut in rates since the financial crisis.

Stormy sterling sinks again, stocks wilt before Fed

Oil prices rose on Friday and were on track for a weekly increase as geopolitical tensions over Iran remained unresolved, although flagging prospects for global economic growth amid the US-China trade war capped gains.

Oil prices rise as Iran tensions remain unresolved

Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the Strait of Hormuz, a major chokepoint for global crude flows.

Oil rises after US Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as US oil producers in the Gulf of Mexico cut more than half their output in the face of a tropical storm and as tensions continued in the Middle East.

Oil prices rise over Storm Barry, Middle East tensions

Oil prices were mixed on Tuesday as supply cuts, led by producer club OPEC, and US sanctions on fuel exports from Iran and Venezuela supported crude, while concerns about an economic slowdown weighed on the market.

Oil mixed as OPEC cuts, US sanctions prop up prices while trade war weighs

Oil prices pared their gains on Tuesday, after global benchmark Brent crude rose above $73 a barrel, as the market grew less worried that a rebellion against Venezuelan President Nicolas Maduro would hit the country's crude exports.

Oil pares gains as fears ease on Venezuelan exports

Oil prices dipped on Tuesday on expectations rising output from the United States and producer club OPEC would offset most of the shortfall expected from US sanctions on Iran, but analysts said markets remained tight.

Oil dips as rising OPEC, US output seen making up for Iran sanctions shortfall

Domestic equity benchmarks started on a positive note Monday led by gains in IT bellwether TCS, amid sustained foreign fund inflow and positive global cues. After rising over 100 points in the early session, the 30-share index was trading 67.

Sensex, Nifty start on a positive note; TCS jumps over 3%

The rupee fell 9 paise to 69.20 against the US dollar in opening trade Thursday on increased demand for the greenback from importers and banks. Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency.

Rupee slips 9 paise to 69.20 against US dollar in early trade

The rupee appreciated by 9 paise to 68.65 against the US dollar in opening trade Wednesday, driven by the weakening of the greenback in overseas markets and sustained foreign inflows.

Rupee rises 9 paise to 68.65 against US dollar in early trade

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