Crude Oil
- Middle East
Saudi Arabia restarts oil exports through East-West pipeline
Madinah: Saudi Arabia has resumed crude oil exports through its East-West Pipeline after repairs following drone strikes on Friday, September 11, Bloomberg reported on Monday, September 28. Satellite imagery released after the…
- Business
Crude oil futures fall on weak global cues
New Delhi: Crude oil prices fell by Rs 138 to Rs 9,085 per barrel in the futures trade on Monday, September 21, amid weak global trends. On the Multi Commodity Exchange, crude…
- Business
Rupee rises 24 paise to 95.72 against US dollar in early trade
Mumbai: The rupee gained 24 paise to 95.72 against the US dollar in early trade on Monday, September 21, supported by a slight moderation in crude oil prices and a positive trend…
- Stock Market
Stock markets trade higher amid easing crude oil prices
Mumbai: Benchmark equity indices Sensex and Nifty rallied in early trade on Friday, September 18, amid easing crude oil prices and a positive trend in global markets. The 30-share BSE Sensex climbed…
- Middle East
US accuses Iran of funding military via ‘black-market’ oil sales
The United States Justice Department on Monday, September 14, filed a civil forfeiture of USD 61 million in cryptocurrency, accusing the Iranian military of using black-market oil sales, according to a statement…
- Middle East
Satellite images show severe damage to Saudi oil pipeline
Satellite imagery has revealed extensive damage to Saudi Arabia’s East-West crude oil pipeline in the desert southeast of Madinah following a reported drone strike, Reuters reported, citing Vantor satellite imagery. Images released…
- Middle East
Saudi pipeline shutdown expected to have limited supply impact
Seoul: The recent shutdown of a major oil pipeline in Saudi Arabia is expected to have only a limited impact on supply in the short term, the South Korean industry ministry said…
- Business
Markets trade flat in early deals amid elevated crude oil prices
Mumbai: Market benchmark indices Sensex and Nifty were trading on a flat note in early deals on Thursday, September 10, as elevated crude oil prices above USD 100-per-barrel mark, amid persistent geopolitical…
- Middle East
Oil surges above USD 100 a barrel as US, Iran launch new attacks
New York: Oil prices shot past $100 a barrel Wednesday, September 9, as fighting between the US and Iran escalated, threatening to increase costs for consumers and businesses worldwide. Brent crude, the…
- Business
Asian markets mixed as Iran war pushes oil prices higher
Tokyo: Asian shares were mixed in cautious trading early Wednesday, September 9, as investors watched for what might happen on interest rates and the war with Iran pushed oil prices higher. Japan’s…
- World
India emerges as key petrol supplier to Russia
New Delhi: India has emerged as a key supplier of gasoline (petrol) to Russia amid a surge in Russian fuel imports triggered by Ukrainian drone attacks on refineries, ship tracking data showed.…
- India
India turns to Venezuela as Middle East disruptions hit crude
New Delhi: India is widening its crude oil sourcing to Latin America as disruptions linked to the Iran conflict and the Strait of Hormuz push the world’s third-largest oil consumer to diversify…
- India
India weathered Hormuz disruption with no fuel shortages: Puri
New Delhi: India successfully shielded consumers from supply disruptions triggered by the closure of the Strait of Hormuz earlier this year through diversified sourcing, expanded refining capacity and higher domestic production, Oil…
- Business
Stock markets edged higher amid lower crude oil prices
Mumbai: Stock market benchmark indices Sensex and Nifty edged higher in opening trade on Thursday, August 6, amid lower crude oil prices and buying in Reliance Industries. The 30-share BSE Sensex climbed…
- Business
RBI holds repo rate at 5.25 pc, maintains neutral stance
New Delhi: The Reserve Bank of India (RBI) on Wednesday, August 5, kept the repo rate unchanged at 5.25 per cent, while maintaining the status quo in its latest Monetary Policy Committee…
