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HIGH OIL PRICES IMPACT
UK pound falls to three-month lows as investors fret over rates, oilThe pound has hit a three-month low against the dollar, triggered by mounting economic apprehensions. Investors are anxious about the effec...- Pulses import duties may ease over poor rainsAt present, imports of chana attract a 10% duty, while yellow peas are subject to a 30% duty. Tur and urad imports are allowed duty-free un...
- Why are oil prices rising again? US crude and Brent November futures witness spikeOil prices are moving upwards on Wednesday. US crude climbed 2.2% to $91.33 a barrel while Brent November futures jumped 1% at $103.71. The...
- Foreign outflows from Indian stocks hit 6-month high in September on higher oil, yieldsForeign portfolio investors saw a notable outflow of $2.7 billion from Indian equities in September, marking the most significant withdrawa...
- Bond supply may outweigh demand, push yields higherBond yields in India are anticipated to increase in the latter half of this fiscal year. This rise is primarily due to higher government bo...
- Why are oil prices down today?Oil prices have begun to fall now. Brent crude futures dropped more than 1% and hovered near the $105 per barrel mark. The oil prices have ...
- Global Market: Eurozone bond selloff pauses, yields stay near multi-year highsEurozone government bond yields eased after a sharp selloff pushed borrowing costs to multi-year highs. Investors remained focused on eleva...
- Rupee hits two-month low, breaches 96/USD mark as oil worries deepenThe Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...
- Market rout deepens as crude surge, high US yields batter Indian equitiesThe Indian stock markets faced a notable downturn on Monday as fears over escalating oil prices and rising US bond yields loomed large. The...
- US stocks: US market falls as higher oil prices, Treasury yields weighUS stocks declined on concerns over rising oil prices and higher Treasury yields affecting the market. Investors are cautious due to uncert...
- Refiners feel heat physical crude trades higher than futures pricesIndia’s oil refiners are paying significantly more for physical crude than the futures prices making headlines, as constrained Gulf supplie...
- Why are oil prices up today?Oil prices are up today as US President Donald Trump rejected an Iran peace proposal to resolve the Middle East conflict and reopen the Str...
- Why are the Dow Jones, S&P 500 and Nasdaq falling today? The reasons behind the selloff from tech stocks to gold, silver and BitcoinUS Stock Market Today: U.S. stock markets slipped on Monday morning as a sharp rise in crude prices and surging Treasury yields unsettled i...
- Oil woes push rupee to over one-week low, RBI caps fall near 96/USDOn Monday, the Indian rupee plummeted to its lowest mark in over a week, driven by soaring oil prices. Investors reacted to mounting geopol...
- Rising oil prices, inflation to create headwinds for India's economic growth: BNP ParibasBNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and i...
- Rupee pinned just shy of 96/USD as RBI intervention counters oil woesThe Indian rupee experienced a slight dip as surging oil prices emerged from stalled diplomacy between the US and Iran. With escalating ten...
- India to continue diesel exports despite possible US ban amid tightening global fuel marketIndia remains committed to its diesel export contracts, as stated by Oil Minister Hardeep Puri. The global diesel market faces challenges d...
- Skyrocketing diesel prices rattle Republicans as midterms approachDiesel fuel prices have reached record highs due to ongoing conflicts in the Middle East and related supply issues. Republican candidates a...
- Oil firms face Rs 530 crore daily fuel losses as crude surges: ICRAState-run oil marketing companies IOC, BPCL and HPCL are facing losses of about Rs 8 a litre on petrol and Rs 9 on diesel as crude prices s...
- Rupee strengthens to 95.59 amid drop in oil prices & RBI dollar salesOn Tuesday, the Indian rupee appreciated to 95.59, benefiting from a decrease in oil prices. The central bank's dollar sales helped mitigat...
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