Crude Oil
- Business
Rupee jumps 24 paise against US dollar
Mumbai: The rupee appreciated 24 paise to close at 83.09 against the US dollar on Wednesday as the American currency retreated from its elevated levels after the US inflation came lower than…
- India
Gold has given positive returns of 21% in last one year
New Delhi: Gold has given positive returns of 21.84 per cent in the past one year, while returns on Silver has been 21.05 per cent, as per a report by Motilal Oswal…
- Business
Indian markets witness resurgence as investors’ anxiety drops
Mumbai: The Indian market is resurging amid a drop in investors’ anxiety as Nifty VIX contracts generously, Vinod Nair, Head of Research at Geojit Financial Services, said on Friday. The optimism is…
- Business
Indian Rupee ends flat against US dollar
Mumbai: The rupee paused its three-day downward move to settle flat at 83.25 against the US dollar on Friday as the support from positive domestic equities was negated by surging crude oil…
- Business
Indian Rupee falls 8 paise against US dollar
Mumbai: The rupee continued its downward trend for the third consecutive session to close 8 paise lower at 83.25 against the US dollar on Thursday, dragged down by massive selling in equity…
- Business
CAD, rupee under pressure as oil price surge spills into Oct-Dec quarter
New Delhi: The increase in international crude oil prices has spilled over into the October – December quarter, raising the spectre of a higher current account deficit (CAD) deficit for India and…
- India
Government hikes windfall tax on crude oil in fortnightly review
New Delhi: The government on late Friday evening hiked the windfall tax on domestic production of crude oil to Rs 10,000 per tonne from Rs 6,700 per tonne. It also reduced the…
- India
Rising crude oil prices have negative impact on stock market
New Delhi: Every 10 dollar rise in Brent crude prices widens India’s Current Account Deficit by 0.5 per cent, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services. Rising crude prices…
- Business
Rupee falls 33 paise to close at 83.04 against US dollar
New Delhi: The rupee plunged by 33 paise to close at 83.04 (provisional) against the US dollar on Tuesday, tracking a strong American currency and higher crude oil prices. Foreign fund outflows…
- World
EU looking at Russian crude oil reaching its market via India
New Delhi: The EU on Saturday voiced concerns over “rapid” rise in refined petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the…
- Business
Rupee falls 8 paise to 82.64 against US dollar on forex outflows, stronger greenback
Mumbai: The rupee on Friday declined by 8 paise to settle at 82.64 against the US dollar, snapping its three-day rally due to forex outflows, a strong American currency and negative equity…
- Middle East
Kuwait oil price down 48 cents to USD 89.42 pb
Kuwait: The price of Kuwaiti oil went down by 48 cents to USD 89.42 per barrel on Tuesday, compared to Monday’s rate of USD 89.90 pb, said the Kuwait Petroleum Corporation (KPC)…
- Business
Oil prices up in July by 16 per cent; highest since Jan 22
New Delhi: The oil market witnessed a significant surge in prices by 16 per cent in July, the highest since January 2022, as per a report by Motilal Oswal Asset Management Company.…
- World
India, China bought 80 pc of Russian crude in May: IEA
New Delhi: The International Energy Agency (IEA) said on Friday that India and China, which are the two major consumers of discounted Russian crude, have bought 80 percent of oil exported by…
- Pakistan
1st consignment of discounted Russian crude to arrive in Pak in May
Islamabad: Cash-strapped Pakistan has placed its first order for discounted Russian crude oil, which is expected to arrive in the port city of Karachi next month, an official said on Thursday, a…
