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CRUDE OIL PRICES SEPTEMBER 2023
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 ...- Reliance looks to Latin America, North America and the Mediterranean as Middle East oil disruptions put supply chains under pressureIn response to global energy market turmoil, Reliance Industries revamped its crude oil sourcing strategy for the July-September quarter. T...
- Petrol price in India cheaper than US, UAE, China, Canada: Global average petrol rate is Rs 150, diesel Rs 159, data showsPetrol rate in India are lower than in the US, UAE, China, Canada and several other countries, according to global fuel price data. While t...
- 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...
- Rupee weakens on dollar demand, elevated crude oil pricesThe Indian rupee closed at 95.22, reflecting a minor drop attributed to ongoing market pressures. With traders exercising caution ahead of ...
- 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. ...
- 22 Indians, including 14 seafarers, killed in West Asia conflict, MEA saysAmidst the turmoil in West Asia, the loss of twenty-two Indian nationals, including 14 seafarers, has come to light, with three fatalities ...
- India bonds sink on oil spike before Fed decisionIndian government bonds experienced a significant decline after a prior rally due to rising oil prices. Brent crude oil prices increased fo...
- India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
- BPCL expects Russian crude purchases to fall in NovemberBharat Petroleum Corp Ltd forecasts a decline in Russian crude oil imports for November due to increased freight costs. The company noted t...
- G-Sec yields at three-year peak, could climb to 7.75% by DecemberIndia's benchmark 10-year government bond yield is expected to reach 7.75% by December. This increase is influenced by high crude oil price...
- Oil slips from near six-months highs despite supply concernsOil prices took a dip on Monday after peaking at six-month highs due to rising supply concerns stemming from ongoing militant attacks. US c...
- FPIs withdraw Rs 48,056 cr from equities in Oct so far amid elevated crude oil pricesForeign investors withdrew significant funds from Indian equities in October amid concerns over inflation and crude oil prices. Despite thi...
- Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
- India turns back to Gulf oil as Russian crude loses its price edgeIndia’s crude oil imports from the Middle East returned to pre-war levels in September, rising to 2.8 million barrels per day as shipments ...
- Paint cos riding price hikes to double-digit growthDomestic paint companies are poised for a 10-15% revenue growth in the September quarter due to price increases. While volume growth is ant...
- Indian bonds sell off on oil shock ahead of RBI policy minutesIndian government bonds experienced a significant decline due to rising oil prices, raising concerns about inflation among investors. The b...
- Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
- India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
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