Crude Oil
- Middle East
Oil prices cross USD 83 per barrel as Middle East tensions escalate
New Delhi: Amid escalating Middle East tensions, crude oil prices went up more than 2 per cent on Thursday, March 5, over supply constraints as Strait of Hormuz was closed by Iran.…
- India
West Asia turmoil drags stock markets, Sensex tumbles 1,123 points
Mumbai: Benchmark stock indices Sensex and Nifty closed more than 1 per cent lower on Wednesday, March 4, in tandem with a weak trend in Asian markets as the conflict in West…
- Business
Rupee slumps to all-time low of 92.16 against US dollar
Mumbai: The rupee slumped 67 paise to close at an all-time low of 92.16 against US dollar on Wednesday, March 4, weighed down by spiking crude oil prices in the wake of the…
- Stock Market
Aviation, travel stocks tumble as Middle East tensions escalates
New Delhi: Shares of airline companies, tour and travel-related service providers tumbled on Monday, March 2, amid escalating tensions in the Middle East. The stock of InterGlobe Aviation ended 6.25 per cent…
- World
Oil prices rise sharply in market trading after attacks in Middle East
New York: Oil prices rose sharply when market trading began Sunday, as US and Israeli attacks on Iran and retaliatory strikes against Israel and US military installations around the Gulf sent disruptions…
- Business
India sees no immediate oil supply disruption despite Gulf tensions
New Delhi: India is unlikely to face any immediate physical disruption in oil supplies despite escalating tensions around Iran and the Strait of Hormuz, but higher crude prices and broader macroeconomic pressures…
- India
India, US reschedule chief negotiators meeting on interim trade deal: Sources
New Delhi: India and the US have decided to reschedule the proposed meeting of their chief negotiators, supposed to be held in Washington from Monday, February 23, to finalise the text for…
- India
India, US to hold 3-day talks from Feb 23 to finalise interim trade pact text
New Delhi: A three-day meeting between Indian and American officials to finalise the legal text for an interim trade agreement will begin in the US on February 23, an official said on…
- Business
Sensex, Nifty crash 1 per cent in mid-session amid profit-booking
Mumbai: Equity benchmark indices Sensex and Nifty slumped in the mid-session trade on Thursday, February 19, amid a broad-based profit-booking rush in realty, power and auto stocks, and rising crude oil prices…
- Business
Reliance receives US licence to import Venezuelan crude oil
New Delhi: Billionaire Mukesh Ambani’s Reliance Industries Limited has received a US general licence to purchase Venezuelan crude oil directly, enabling India’s largest private refiner to resume imports of discounted heavy feedstock…
- India
No message from India about stopping oil purchases, says Russia
Moscow: Russia has not received any statements from India about stopping Russian oil purchases, Kremlin spokesman Dmitry Peskov said on Tuesday, February 3. Peskov also said that Russia intends to continue to…
- Business
Crude oil futures fall on weak global cues
New Delhi: Crude oil prices fell Rs 18 to Rs 5,589 per barrel in the futures trade on Tuesday, February 3, amid weak global trends as oversupply concerns weighed on prices. On…
- World
Venezuela’s acting president signs law privatising state-owned oil sector
Caracas (Venezuela): Venezuela’s acting president Delcy Rodríguez on Thursday, January 29, signed a law that opens the nation’s oil sector to privatisation, reversing a tenet of the self-proclaimed socialist movement that has…
- India
Minimal impact of Iran unrest on India Inc: Crisil
Mumbai: Domestic credit ratings agency Crisil on Wednesday, January 28, said the unrest in Iran has not had any impact on Indian companies so far. However, if the tensions persist or escalate,…
- India
India pivots crude sourcing for certainty, keeps Russian barrels selectively
New Delhi: India’s crude oil sourcing strategy has shown a clear shift toward lower-risk and more execution-reliable supply, with the Middle Eastern barrels gaining share as Russian crude flows remain present but…
