Oil Prices
- Business
India stands to gain as global oil prices decline to 8-month low
New Delhi: India, the world’s third-largest importer of crude oil, stands to gain as oil prices have fallen to an eitht-month low at $75.8 a barrel in the international market, with a…
- News
Rupee trades flat 83.49 against US dollar in early session
Mumbai: The rupee traded flat at 83.49 against the US currency in the early session on Tuesday amid losses in domestic equities and easing crude oil prices. At the interbank foreign exchange…
- Business
Large cap stocks impacted by FII selling
New Delhi: The performance of large cap stocks has been impacted by FIIs remaining net sellers in the market. Vinod Nair, Head of Research, Geojit Financial Services said the ongoing results season…
- Middle East
Oil prices stable despite Middle East tensions as demand wanes
New York: When Russia invaded Ukraine in 2022, the price of oil jumped to over $100 a barrel. But despite the threat of an escalation of tensions in the Middle East and…
- Business
ONGC, OIL to gain as govt cuts windfall tax on crude oil
New Delhi: The Union government has reduced the windfall tax on petroleum crude to Rs 1,700 per tonne from Rs 2,300 a tonne in its fortnightly revision as oil prices have come…
- Middle East
Oil prices falls globally as Saudi Arabia cuts crude prices
Global oil prices fell by more than one percent on Monday, January 8, after Saudi Arabia cut its crude oil prices to buyers on all its export destinations for February. The price…
- World
Oil prices stabilise as Red Sea transport disruptions ease
New Delhi: Oil prices steadied after falling sharply in the previous session, as concerns eased about shipping disruptions along the Red Sea route even as tensions in the Middle East continued to…
- Middle East
Houthis’ attack on commercial ships causes surge in oil prices
Washington: Yemen’s Iran-backed Houthi rebels are attacking commercial ships and oil tankers to different countries thus disrupting supply chains causing crude oil prices to rise in what they claim are revenge acts…
- World
Oil prices rise as OPEC plus cartel nears deal on production cuts
New Delhi: Crude oil prices have started firming up again in the international market as the OPEC+ cartel is reported to be on the verge of signing an agreement to cut production…
- Business
India’s trade deficit shoots up in Oct due to spike in oil prices
New Delhi: India’s merchandise trade deficit in October stood at $31.46 billion as the country’s imports shot up to $65.03 billion during the month which offset the increase in exports, Commerce Secretary…
- News
Rupee plunges to 12-month low against dollar
Mumbai: The Indian rupee plunged to a 12-month low of 83.28 against the US dollar on Monday amid rising oil prices and uncertainty in global markets due to the ongoing Israel-Hamas war.…
- India
Rupee faces risk from rising oil prices
Mumbai: With rising crude oil prices in the international market pushing up the demand for dollars, the Indian rupee has slumped to a record low of 83.2675 vis-à-vis the U.S. dollar. Going…
- World
Oil prices jump as Saudi Arabia extends production cuts
New Delhi: Oil prices jumped dramatically on Tuesday after Saudi Arabia announced that it would extend its production cuts until the end of the year, while Russia said it would extend its…
- World
Oil prices could go even higher
London: Oil prices have soared about 20 per cent since late June but they could go even higher this year if the OPEC+ alliance sticks to its policy of restraining crude production,…
- World
Oil prices surge after OPEC+ announce to cut output
Moscow: The Oil prices have surged and surpassed USD 85 per barrel after several oil producer countries announced surprise cuts in production, TASS Agency reported. According to the Russian News Agency, this…
