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GLOBAL OIL PRICES
RBI MPC Meeting 2026: Crude oil volatility remains key inflation riskRBI MPC Meeting 2026 Crude Oil Price Impact on Inflation: The central bank warns volatile crude oil prices pose inflation risks. Geopolitic...- RBI GDP Growth 2026-27: Malhotra & Co lift FY27 GDP forecast to 6.7% from 6.6% on growth resilienceRBI GDP Growth 2026: The Reserve Bank of India raised its FY27 GDP growth forecast to 6.7 percent. It kept the policy repo rate unchanged a...
- India bonds jump as oil crashes, dovish RBI may further boost rallyIndian government bonds saw a notable rise on Wednesday morning, propelled by falling oil prices that created a favorable outlook for infla...
- RBI likely to extend rate pause; neutral stance seen unchangedEconomists anticipate the Reserve Bank of India will maintain its current interest rate at 5.25 percent. The central bank is also expected ...
- Global Market Today: Asian stocks advance on Hormuz deal hopesAsian stocks are set to track Wall Street higher as optimism grows. Prospects for an interim deal with Iran eased energy supply concerns si...
- War cost to world = '2.6 billion barrels of oil'Global oil inventories have significantly depleted since the US-Israeli war with Iran began. Saudi Aramco's chief stated that replenishing ...
- 'Too much money': Trump attacks ExxonMobil & Chevron over massive profits, demands lower gasoline prices for American driversUS President Trump voiced his discontent with ExxonMobil and Chevron, accusing them of reaping excessive profits at the expense of consumer...
- Rupee opens on flat note, rises 3 paise to 95.34 against US dollar in early tradeThe rupee opened flat and gained three paise against the US dollar in early trade. Dollar demand from importers was negated by a weaker dol...
- Global Market: South Korea's July inflation cools below expectations as oil prices ease; rate hike bets remainSouth Korea's consumer inflation eased to a three-month low in July, falling below market expectations. Lower oil prices significantly cont...
- Oil Price Today (August 4): Crude oil nears $85 as peace talks uncertainty loom after fresh attacks. What are experts saying?Oil prices saw a slight increase on Tuesday after significant Monday losses. Supply risks in the Middle East resurfaced as diplomatic hopes...
- India raises windfall tax on petrol exports to Rs 3.5/litre, diesel to Rs 24/litre from August 3The government has decided to raise the windfall tax on fuel exports, now charging Rs 3.5 per litre for petrol and a steep Rs 24 per litre ...
- Global Market: Euro zone bond yields decline as falling oil prices boost market sentimentEuro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns a...
- Global Market: European shares rise as easing Iran tensions lift sentiment; energy stocks slideAccording to Reuters, investor sentiment improved after Trump signalled a preference for diplomacy over immediate military action against I...
- Iran war ushers in oil refining golden era. It won't lastWar-driven supply disruptions have turned oil refining into Big Oil's biggest profit engine, but Reuters columnist Ron Bousso says the wind...
- RBI MPC begins today as policymakers weigh inflation, crude risksThe Reserve Bank of India's Monetary Policy Committee begins its meeting this week. Market participants widely expect the benchmark repo ra...
- Oil prices surge 20% in July as US-Iran war heightens Strait of Hormuz tensionsOil prices saw volatility last week but are set for significant monthly gains. Escalating United States-Iran tensions and Houthi attacks ar...
- Oil PSUs' June quarter losses miss govt's ₹75,000 crore estimate by wide marginState-run oil firms reported combined net losses of ₹18,149 crore in the June quarter. This figure was significantly lower than the governm...
- Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...
- Govt says E20 fuel safe for vehicles, defends ethanol blending programmeThe government has defended its ethanol blending program, stating no engine damage has been found. Extensive testing and field experience c...
- Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
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