Searched for
CRUDE OIL CONTRACTION
Iron ore, cement, power output propels June core growth to 5%India's core sector output grew five percent year-on-year in June. This growth accelerated from May's 3.2 percent, reaching a five-month hi...
LNG consumption declines 6.5%on costly import, lower outputIndia's natural gas usage saw a notable drop during the April to June quarter, attributed to soaring global LNG prices and a decline in loc...
India bonds steady after swinging with oilOn Monday, Indian government bonds remained stable as crude oil prices dipped, driven by renewed optimism surrounding U.S.-Iran negotiation...
India's core sector output grows 5% in June under new base year series, hits 5-month highJune 2026 marked a notable five percent growth in India's core industries index, with iron ore production soaring to forty-three point nine...
Gold slips as oil prices advance, Fed rate-hike voices growGold prices dropped on Monday as Middle East tensions escalated significantly. Brent crude oil surpassed ninety dollars a barrel, increasin...
ConocoPhillips takes 42% stake in BP Iraq ventureConocoPhillips will acquire a minority stake in BP's northern Iraq oil venture. The deal involves BP Energy Company of Kirkuk Limited's pro...
Oil rises on intensifying US-Iran hostilities and threat of Red Sea closureOil prices climbed Friday as United States and Iran escalated attacks. The Strait of Hormuz oil flow is limited by the broken truce. Iran a...
A 'Trump put' for oil? Indian refiners aren't worried about an immediate supply crunchIndian refiners expect stable oil supplies despite renewed West Asia conflict. They believe US President Trump will open alternative routes...
Rupee closes at 96.34 vs USD; firmer Asia FX, oil dip offer little comfort as NDF maturities pinchOn Thursday, the Indian rupee experienced a slight decline versus the dollar, influenced by dollar demand associated with expiring non-deli...
Staring down the barrel: India Inc stockpiles ahead of festive seasonTo ensure smooth production during the vital festive period, companies are proactively increasing their imports and enhancing buffer stocks...
India's June retail inflation quickens to 4.38%, crosses RBI's 4% target after 17 monthsIndia's retail inflation reached 4.38 percent in June, exceeding the central bank's target. Elevated food and fuel prices contributed to th...
NSE crude oil options hit record Rs 2,006 crore premium turnover in one day, volumes top 47 lakhThe National Stock Exchange (NSE) reported record activity in its crude oil options contract on July 9, 2026, with the highest-ever daily p...
Rupee little changed as traders tread gingerly with eye on oil, dollarThe Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw ga...
India’s top 3 fuel retailers may report Rs 47,700 crore loss in Q1. What’s behind this?India's three largest fuel retailers—HPCL, BPCL and IOCL—are expected to report a combined EBITDA loss of up to Rs 47,700 crore in Q1FY27 a...
Crude oil prices jump 6%, hit two-week high after Trump says Iran peace deal is ‘over’. What are experts saying?Crude oil prices rose sharply on Wednesday to a two-week high after Donald Trump declared the Iran peace agreement "over", reviving fears o...
Indian state refiners ready for Iran oil if US extends waiversIndian refiners are exploring Iranian crude purchases if US waivers extend beyond August. They have fully contracted shipments through Augu...
Oil slips after OPEC+ agrees to raise output targetsOil prices dipped as OPEC+ agreed to boost output from August, with key producers seeing recovering exports via the Strait of Hormuz. Despi...