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OIL PRICES IMPACT
Foreign G-Sec selling halves, but oil and global yields pose risksForeign portfolio investors reduced their selling of Indian government securities and equities in October compared to September. Despite th...
IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
Trump's oil portfolio up 43% amid Big Oil windfall, pain at the pumpMajor oil companies, including ExxonMobil, Chevron, and Shell, reported higher earnings in the third quarter. This comes as the conflict in...
Government scraps export duty on petrol, raises levies on diesel and ATFThe Indian government has abolished the special additional excise duty on petrol exports as of now. Diesel export levies have been raised t...
Oil prices soar 14% in October to 6-month high as US weighs fresh Iran strikes after midterms. More pain ahead?Brent crude rose 13.6% in October to settle at a six-month high of $117.64 a barrel, as fears of fresh US strikes on Iran and threats to sh...
EAM Jaishankar slams sanctions, chokepoints disrupting global energy trade, holding prices hostageS Jaishankar highlighted the challenges posed by disruptions in global oil supplies during the G20 meeting. He pointed out that the current...
Middle East war helps lift Reliance’s oil-to-chemicals earnings to an all-time highReliance Industries' oil-to-chemicals sector reported record earnings due to soaring global fuel prices. The firm credited this success to ...
Rupee rises 33 paise to close at 94.93 against US dollarThe rupee closed at 94.93 against the US dollar, marking a gain of 33 paise. Positive trends in domestic markets contributed to this improv...
Oil Price Today (October 30): Crude oil jumps to $118 as Trump weighs fresh attacks after midterm. What are experts saying?Crude oil price : Oil prices rose on October 30 amid fears of a potential US military strike against Iran. Crude oil prices have reached a ...
Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Will oil fall further?Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a di...
Sensex, Nifty fall as IT stocks slide, rising oil prices weighIndian equity markets took a hit on Wednesday, primarily due to declines in the IT sector and escalating crude oil prices. Both the Sensex ...
High freight rates narrow Indian refiners’ crude oil choices, squeeze marginsWith freight rates reaching unprecedented levels, Indian refiners are facing escalating crude oil expenses that are eroding their margins. ...
World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...
Elevated oil prices keep up heat on rupee, traders await cues from FedThe Indian rupee closed lower against the dollar as oil prices surged due to supply concerns. Brent oil rose to $115.3 per barrel following...
Oil Price Today (October 28): Crude oil at $116 as Saudi Arabian refinery comes under attack $120 in sight?Crude oil price : Oil prices have risen due to an attack on Saudi Arabia's largest oil refinery by Yemen's Houthis. Concerns regarding supp...
Rupee slips below to 95.18 against dollar on elevated oil pricesOn Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite incr...
Rupee weakens for third session as importers step up dollar bids, foreign outflows biteThe Indian rupee declined for three consecutive trading sessions due to increased dollar buying by importers. Elevated oil prices and forei...
India appears better stocked for West Asia crisis, but oil shock threatensIn West Asia, tensions are affecting energy and fertilizer supplies, prompting adjustments by the Indian government. Freight costs have sur...
Rupee falls 5 paise to 94.98 against US dollar in early tradeIn early trading, the rupee was priced at 94.98 against the US dollar, slipping by 5 paise primarily due to high crude oil rates and ongoin...
Bond yield rises to 7.44% on higher oil prices, global cuesYields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bil...