Crude Oil
- Middle East
Iraq exports over 108 million barrels of crude oil in July
Iraq exported about 108.053 million barrels of crude oil in July, the country’s Oil Ministry announced on Thursday. During the month, about 106.125 million barrels were exported from oil fields in central…
- Business
Rupee falls 1 paisa to close at all-time low of 83.72 against US dollar
Mumbai: The rupee fell 1 paisa to close at an all-time low of 83.72 (provisional) against the US dollar on Thursday, dragged down by demand for the American currency in the overseas…
- India
Rupee falls 3 paise to close at 83.69 against US dollar post-budget
Mumbai: The rupee declined 3 paise to 83.69 against the US dollar on Tuesday after the government raised tax rates on capital gains in the FY25 Budget. Besides, a weak tone in…
- Business
Rupee rises 3 paise to settle at 83.58 against US dollar
Mumbai: The rupee consolidated in a narrow range and settled for the day 3 paise higher at 83.58 against the US dollar on Tuesday, on firm domestic markets and sustained inflow of…
- Middle East
Saudi Arabia announces discovery of seven oil, gas deposits
The Kingdom of Saudi Arabia’s energy minister has announced the discovery of seven new oil and gas deposits in the kingdom’s Eastern Province and Empty Quarter regions, the official Saudi news agency…
- India
Rupee falls 12 paise to 83.56 against US dollar in early trade
Mumbai: The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed down by the strengthening of the American currency in the overseas markets and elevated…
- Middle East
Saudi Arabia ends 50-year petrodollar deal with US
In a significant shift, the Kingdom of Saudi Arabia (KSA) has decided not to renew its 50-year petrodollar deal with the United States (US), which expired on Sunday, June 9. “Saudi Arabia’s…
- Business
Bear attack: Sensex crashes over 6,000 pts; Nifty dives nearly 2,000 points
Mumbai: Benchmark equity indices Sensex and Nifty tanked over 8 per cent on Tuesday as the initial trend showed BJP winning lesser number of seats than predicted in exit polls. The 30-share…
- Business
Rupee falls 26 paise to 83.40 against US dollar in early trade
Mumbai: The rupee plunged 26 paise to 83.40 against the US dollar in early trade on Tuesday as initial counting for the Lok Sabha elections indicated a mixed trend. A weak trend…
- Business
Rupee rises 8 paise against dollar as crude oil cools on easing Iran-Israel conflict worries
Mumbai: The rupee rises by 8 paise to close at 83.36 against the US dollar on Monday on positive domestic markets and a soft American currency. Forex traders said a decline in…
- India
India’s net oil import bill drops 16% but import dependency hits new high
New Delhi: India’s crude oil import dropped 16 percent in the fiscal year ended March 31 as lower international rates but the dependency on overseas suppliers rose to a new high, official…
- Business
Govt hikes windfall tax on crude oil; ONGC & OIL to take hit
New Delhi: The Government has hiked the windfall tax on crude oil to Rs 9,600 per metric ton with effect from Tuesday from Rs 6,800 earlier, as part of its fortnightly revision.…
- Business
Rupee falls 6 paise to 83.39 against US dollar
Mumbai: The rupee depreciated 6 paise to settle at 83.39 against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the…
- Business
Rupee turns flat at 83.33 against US dollar in early trade
Mumbai: The rupee turned flat at 83.33 against the US dollar in early trade on Thursday amid a strong American currency and higher crude oil prices. Forex traders said the positive equity…
- Business
Oil and gas shares gain as crude oil surges to 5 month high
New Delhi: Siddhartha Khemka, Head Retail Research, Motilal Oswal Financial Services on Wednesday said that the markets are expected to remain in consolidation mode and will keenly track the US Fed commentary…
