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GLOBAL OIL TRADE
Rupee's forex boost fades fast, may trade at 96 levelsThe Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices higher global...
India's June exports shine through West Asia dark clouds; trade deficit widens to five-month highIndia's goods exports increased by 15.5% in June, reaching $40.41 billion. However, the trade deficit expanded significantly to $30.43 bill...
Global Market: European stocks edge lower as Middle East escalation dampens investor sentimentThe pan-European STOXX 600 index slipped 0.3% to 639.29 in early trade, extending losses after posting its biggest weekly decline since lat...
India bonds fall as oil spike, Treasury rout weighIndian government bonds experienced a decline early Monday, mirroring U.S. Treasury selloffs. Escalating U.S.-Iran tensions boosted oil pri...
Why is market falling today? Sensex plunges 700 points, Nifty tests 24,000. 6 key factors behind the selloffIndian stock indices Sensex and Nifty experienced significant declines on Monday. Rising oil prices and Middle East tensions dampened inves...
Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
D-St set for a negative opening as GIFT Nifty signals weak startIndian equity markets are expected to sustain their gradual upmove. Supportive domestic fundamentals and improving global cues are driving ...
Global Market Today: Asian shares slip as oil jumps on Gulf attacksAsian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impac...
US-Iran war: Oil flow through Hormuz rises after ceasefire, but fresh strikes spark fears, IEA saysIran war news: Oil flows through the Strait of Hormuz recovered sharply after a ceasefire. Renewed hostilities this week have revived uncer...
In reverse flow, India now supplies petrol to energy powerhouse RussiaIndia's petrol is navigating its way to Russia via international traders rather than through direct sales channels. The damage to Russia's ...
Could oil prices spike further? Inside the fragile US-Iran stance in the GulfGeopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its s...
Fresh US-Iran clash clouds IEA oil outlook despite June supply lift from Hormuz reopeningGlobal oil supply rebounded in June after a ceasefire allowed Strait of Hormuz transit. However, renewed hostilities between the United Sta...
E20 costs more at current crude prices, but saves forex, boosts farmers' income, reduce oil dependence: GovtEthanol blending shields Indian consumers from volatile global oil prices. This program reduces dependence on imported crude oil significan...
Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...
D-St set for a positive opening as GIFT Nifty signals firm startIndian markets experienced widespread selling on Wednesday, with the Nifty declining significantly. Global risk sentiment deteriorated foll...
Sensex sinks 1,680 points; Nifty closes below 23,900. 5 key factors behind today’s market mayhemSensex Nifty Crash: Indian stock markets experienced a significant downturn on Wednesday afternoon. Rising crude oil prices and geopolitica...
Rupee rises 15 paise to 95.28 against US dollar in early tradeThe Indian rupee gained fifteen paise against the US dollar in early trade. Saudi Arabia's significant slash in August crude oil prices for...