OMCs drop up to 5% as crude prices plummetONGC declined to the day’s low of Rs 309.2, with a fall of 4.2%. Chennai Petroleum Corporation shares dropped 5% to a low of Rs 933.3. GAIL...
04 Sep, 2024, 12.43 PM IST
Indigo Paints, Asian Paints rally up to 6% amid declining crude pricesShares of paint companies like Asian Paints and Indigo Paints saw gains of up to 6% on Wednesday due to a decline in crude oil prices. This...
04 Sep, 2024, 12.25 PM IST
Oil extends losses on signs of end to Libyan dispute, demand concernsOil prices dropped further on Wednesday amid hopes of resolving Libya's political dispute that halted exports and concerns over global dema...
04 Sep, 2024, 08.15 AM IST
Brent crude tumbles below $75/bbl on reports of potential end to Libya disputeOil prices dropped more than 3% on Tuesday after Bloomberg News reported that a deal was imminent to resolve a dispute that has halted Liby...
03 Sep, 2024, 07.47 PM IST
Oil steady as smaller-than-expected US stock draw counters Libya supply disruptionOil prices remained mostly steady, impacted by a smaller-than-expected draw in U.S. crude inventories and concerns over China demand amid s...
29 Aug, 2024, 07.07 AM IST
Oil prices pause after surging on Libyan outages, Middle East tensionsOil prices saw a minor decline in Asian trading after rising over 7% due to supply concerns linked to Middle East tensions and Libyan oil f...
27 Aug, 2024, 07.51 AM IST
Shootouts and blasts shake Libyan capitalThe Tripoli-based Government of National Unity (GNU) and a rival administration backed by the eastern-based parliament traded accusations o...
27 Aug, 2022, 07.46 PM IST
Egypt, Turkey officials meet for talks to reset frayed tiesEgypt and Turkey have been at loggerheads since the Egyptian military's 2013 ouster of president from the Muslim Brotherhood group who enjo...
05 May, 2021, 04.24 PM IST
Oil falls on India's COVID surge, supply increase"The market is tending to focus more on the bad news from India and Japan at present, where the number of new coronavirus cases has risen s...
26 Apr, 2021, 10.48 PM IST
Oil hits $68 on Libya force majeure despite pandemic surgeLibya declared force majeure on exports from the port of Hariga and said it could extend the measure to other facilities, citing a budget d...
20 Apr, 2021, 06.33 PM IST
Will crude prices cool off now? Iran and Opec hold all the acesPrices show that the spread structure is back, which suggests the market is well supplied.
07 Aug, 2018, 07.32 PM IST
Oil surge is still not done, discount it at your own perilVolatility will continue next week as supply and demand themes continue to play out.
18 Jul, 2018, 08.41 PM IST
Commodity outlook: Gold, silver may trade in a range; crude likely to gainMCX Gold faces stiff resistance zone at Rs 30,800- Rs 30,900 levels.
26 Jun, 2018, 01.00 PM IST
Rupee opens 5 paise lower at 68.18 against dollarThe simmering trade dispute between US and its major trading partners remains a critical issue for global markets.
26 Jun, 2018, 09.38 AM IST
11 dead in suicide attack on Libya's electoral commission headquartersSecurity forces engaged in a gun battle with the assailants as they tried to regain control of the offices, said electoral commission spoke...
02 May, 2018, 05.37 PM IST
Fundamentals unsupportive, crude oil likely to fall furtherUS oil rig count increased for a 22nd straight week, rising by 6 to 747 and has doubled year-on-year.
23 Jun, 2017, 07.37 PM IST
US crude, Brent rise on Ukraine risk, new EU sanctionsAny sign of progress towards a final resolution to the West's dispute with Tehran would pressure oil prices on anticipation of a ramp-up in...
13 May, 2014, 02.12 AM IST