Oil Prices
- World
G7 nations reach deal on Russian oil price cap
Moscow: The Group of Seven (G7) leading Western economies reached an agreement on Tuesday to set a price cap on Russian oil exports, Politico reported, citing unnamed officials. The details of the…
- India
Cooking gas price hiked by Rs 3.5, crosses Rs 1,000 mark
New Delhi: Cooking gas LPG price was on Thursday hiked by Rs 3.50 per cylinder, the second increase in rate this month following the firming of international energy rates. Non-subsidised LPG now…
- Business
High oil prices to keep rupee on a slippery slope
New Delhi: High crude oil prices combined with fears of rising inflation are expected to keep the Indian rupee under pressure, next week. Lately, the Brent crude oil price has remained elevated…
- World
Oil prices jump amid growing supply concerns
New York: Oil prices jumped on Monday as reports that the European Union (EU) is considering a ban on Russian energy stoked fears about crude supply. The West Texas Intermediate (WTI) for…
- Top Stories
Oil prices surge to above USD 100 amid Russia-Ukraine war
Washington: Amid intensified Russia-Ukraine war that entered the twenty-second day on Thursday, oil prices spiked back above USD 100 affecting energy supplies. The concerns are growing over the potential length of war…
- India
Indian government likely to buy oil from Russia at a discount
Russia has offered India the chance to buy oil and other commodities at discounted prices. The offer is currently being considered by the BJP led Central government. “Russia is offering oil and…
- Business
With crude hovering around $95-$130, fuel price hike inevitable
New Delhi: Continued hostilities between Russia and Ukraine as well as rising demand is expected to keep global crude oil prices in the range of $95-$125 per barrel in the short to…
- World
Oil price rises as UAE quashes hopes of plugging gap in Russian shortfall
New Delhi: Oil prices rose on Thursday amid confusion over whether major producers would help to plug a gap in supplies from Russia, BBC reported. The United Arab Emirates had appeared to…
- Business
Oil price at highest level since 2008; Asian markets slump
New Delhi: Oil prices have soared to the highest level since 2008 after the US said it was discussing a potential embargo on Russian supplies with its allies, BBC reported. Brent crude…
- World
Oil prices jump, shares sink as Russia edges toward Ukraine
Bangkok: Oil prices surged nearly 5% and stock prices dropped after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine, bringing a long-feared invasion a step closer. Russia is…
- Stock Market
Value buying, easing oil prices lifts equities; metal stocks rise
Mumbai: Value buying triggered after three consecutive sessions of falls lifted India’s key benchmark equity indices — S&P BSE Sensex and NSE Nifty50 — marginally in the green on Tuesday. Besides, oil…
- Featured News
Rising crude oil prices to subdue rupee
Mumbai: Rising crude oil prices along with foreign fund outflows are likely to weaken the Indian rupee against the US dollar in the near term. Besides, the Reserve Bank of India’s upcoming…
- World
OPEC+ decides oil output amid concern over Russia, Ukraine
Frankfurt: Oil cartel OPEC and allied countries are deciding how much oil to feed into the global economy as crude prices hover near seven-year highs spiking gasoline costs and fears of a…
- World
EXPLAINER: Why are oil prices high, and any relief in sight?
New York: Anyone who’s bought food, paid rent or looked for a used car recently has come up against the billowing inflation that has engulfed the U.S. economy. And, with surging oil…
