oil price
- Business
Rupee falls 3 paise to settle at 84.01 against US dollar
Mumbai: The rupee breached the crucial 84-mark second time within a month and settled 3 paise lower at 84.01 on Wednesday amid a sharp decline in the domestic equity markets as investors…
- Middle East
Oil prices rise following oil tanker hijacking in Gulf of Oman
New Delhi: Tensions in the Middle Eastern shipping lanes continued to run high on Thursday amid reports of a hijacked oil tanker in the Gulf of Oman, which was boarded by masked…
- World
Oil, gas prices rise as BP stops Red Sea shipments
London: Oil and natural gas prices rose sharply on Monday after BP said it would pause all shipments through the Red Sea because of increased attacks on commercial vessels by Houthi militants…
- Middle East
Kuwait oil price falls by USD 2.44 to reach USD 82.27 pb
Kuwait: The price of Kuwaiti oil went down by USD 2.44 to reach USD 82.27 per barrel on Friday, compared to USD 84.71 per barrel the day before, said the Kuwait Petroleum…
- India
Rupee settles 2 paise higher at 83.20 against US dollar
Mumbai: The rupee settled 2 paise higher at 83.20 against the US dollar on Friday, tracking major Asian currencies amid a weak greenback and softening crude oil prices. A positive trend in…
- Middle East
Oil prices rise as Middle East tensions rise
Hong Kong: Oil prices rose above $91 a barrel on Monday as diplomatic efforts to address the crisis in the Middle East intensified. Investors are concerned that the Israel-Hamas war could spark a wider conflict…
- 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…
- Business
JPMorgan analyst sees oil price surge as high as $150
New Delhi: JPMorgan’s head of EMEA energy equity research, Christyan Malek, warned markets that the recent Brent price surge could continue upwards to $150 per barrel by 2026, according to a new…
- World
Oil hits $95 per barrel amid supply worries
London: Oil price is continuing its march towards $100 a barrel for the first time in almost a year, creating new inflationary headaches for central bankers, a media report said. Brent crude,…
- 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)…
- Middle East
Kuwait oil price rises to USD 83.03 per barrel
Kuwait: Kuwait oil price climbed by USD 1.17 to USD 83.03 per barrel on Thursday vis a vis USD 81.86 per barrel on Wednesday, Kuwait Petroleum Corporation (KPC) said on Friday. Also…
- Middle East
Oil prices rise as Saudi Arabia announces further voluntary cuts
London: Oil-producing countries have agreed to continued cuts in production in a bid to shore up flagging prices, the media reported on Monday. Saudi Arabia said it would make cuts of a…
- Business
Why crude oil prices are sliding? Will it impact fuel prices in India?
Hyderabad: Crude oil prices are sliding as the United States and European countries may increase the interest rates to fight against rising inflation. Apart from it, restrictions imposed by China to adhere…
- Middle East
Saudi Aramco profit surges 90% in Q2 amid rise in oil prices
Riyadh: The Saudi oil company, Aramco announced on Sunday that it achieved a record profit of 181.16 billion riyals (48.4 billion dollars) in the second quarter (Q2) of 2022, an increase of…
