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OIL PRICES IMPACT
Market rides out 'expected' US rate hike, Nifty up 0.2%Indian stock markets wrapped up the day on a slightly positive note on Thursday, digesting the anticipated hike from the US Federal Reserve...- US stocks today: US stocks rebound as tech rally gains momentum on easing oil, yieldsUS stocks rebounded sharply on Thursday, led by technology shares as easing oil prices and lower Treasury yields offered relief after the F...
- Crude shock to hit oil companies' margins, but refining gains could save Q2 showOil breached $100 a barrel this month with Brent crude at around $107 as US-Iran clashes stoked supply fears. Retail fuel marketing margins...
- India discusses US Sanctioning Russia and Iran Act implications on bilateral ties and energy marketsIndia has discussed the US sanctions act's potential implications with America. The Indian government stated bilateral relations may be adv...
- Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
- Global Market: Eurozone bond yields edge higher after Fed rate hikeThe eurozone bond yields edged higher after the Federal Reserve raised interest rates and signalled further tightening. German short-term y...
- Oil Price Today (September 17): Crude oil falls below $105 even as Middle East tensions simmer. Here’s whyCrude Oil Price Today : Brent crude futures fell $1.25, or 1.22%, to $104.62 a barrel, while U.S. West Texas Intermediate futures declined ...
- India considers cutting vegetable oil import taxes as prices climbIndia is considering lowering import taxes on vegetable oils. This move aims to curb rising food inflation ahead of festival season. Lower ...
- US touts its power, avoids Iran war at G20 Energy meetingUnited States energy ministers met in Houston, promoting domestic production and energy independence. Washington's policies aim to reverse ...
- Saudi Arabia runs out of oil export routes as pipeline shuts, Hormuz blockedSaudi Arabia's oil exports face growing challenges after attacks closed a key pipeline. Iran and its allies have tightened their grip on vi...
- Broadening inflation, Fed prompts traders to ramp up October India rate hike betsTraders are increasingly anticipating an October interest rate hike from the Reserve Bank of India, influenced by rising oil prices and exp...
- Oil Price Today (September 15): Crude oil rises to $107 as Saudi energy infra attacks raise supply fears. What are experts saying?Crude Oil Price : On Tuesday, oil prices experienced a significant rise as assaults on Saudi energy infrastructure intensified. The key Eas...
- Global Market: European shares subdued as tech stocks slide, oil prices surgeEuropean shares traded subdued as technology stocks slid on concerns over the pace of artificial intelligence development, while a sharp ri...
- IEA slashes oil demand forecast as prices surgeThe International Energy Agency on Friday further reduced its forecast for global oil demand this year, citing the recent escalation in the...
- India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
- IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
- Trump says oil prices that spiked because of Iran war likely won't come down until after midtermsUS President Trump believes oil prices will decrease after the upcoming US midterm elections. He suggests Iran's actions aim to influence t...
- IOC, BPCL & HPCL likely to post Rs 14,470 crore profit in Q2IndianOil, BPCL, and HPCL are set to achieve remarkable profits during the July-September quarter, showcasing a stark recovery from their p...
- State oil companies lose up to 35% bulk diesel salesState oil companies are grappling with substantial bulk diesel sales losses as numerous large customers pivot to retail pumps to evade soar...
- Rupee endures sharpest fall in over a month as Brent oil barrels towards $100The Indian rupee saw its most significant drop since late July on Tuesday, primarily driven by escalating oil prices nearing $100 a barrel....
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