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OIL PRICES SURGE
US to loan about a third of heating oil reserve in bid to tame pricesThe US Energy Department will loan 300,000 barrels of fuel oil from its emergency heating reserve to four companies to ease supply pressure...- Thousands mock Trump's midterm setback at Tehran rallyThousands participated in an anti-American rally in Tehran following the recent US midterm elections. Demonstrators chanted slogans and dis...
- Glittering Prospects: Why Gold is the ultimate sweet spot this DhanterasGold is trading over 20% below its peak ahead of Dhanteras, offering long-term investors a potential staggered buying opportunity. Central-...
- India's palm oil imports hit 14-month high, soyoil purchases set recordIn October, India experienced a surge in palm oil imports to 866,000 metric tons. Soyoil imports reached a record high of 653,000 tons, ref...
- Indian oil refiners expect healthy margins amid global supply disruptionsA combination of these factors offer Indian refiners an opportunity to capitalise on stronger diesel, gasoline and aviation turbine fuel (A...
- Rupee rises 12 paise to 94.72 against US dollar in early tradeThe rupee rose by 12 paise to 94.72 against the US dollar in early trading on Tuesday. This increase was driven by declining crude oil pric...
- Gold edges higher on softer oil; US midterm elections in focusFollowing a previous surge, gold prices experienced a minor uptick, influenced by declining oil rates and ongoing inflation concerns. Inves...
- D-Street poised for positive start as GIFT Nifty signals gainsIndian equity markets enjoyed a rally, spurred by robust buying in major stocks such as Reliance Industries. Analysts pegged immediate supp...
- IndiGo to consider hedging fuel as it ventures on long haul routesIndiGo is evaluating the possibility of hedging fuel costs as it plans for long-haul international operations. The airline's planned introd...
- Diwali cheer! Mukesh Ambani gets $8.5 billion richer in a day as RIL shares soarMukesh Ambani experienced a significant increase in wealth following a rally in Reliance Industries shares. The company's stock rose by 11....
- Rupee ends little changed as traders stay cautious despite oil, dollar dropThe Indian rupee closed at 94.90 per dollar, trimming its earlier advances. Despite lower oil prices and a softening dollar, the rupee stru...
- Goldman Sachs raises oil price forecasts, warns Brent could hit $140 in 2027Goldman Sachs raised its oil price forecasts amid mounting geopolitical risks and potential Gulf supply disruptions. The bank warned Brent ...
- IOC, BPCL, HPCL clock Rs 30,106 cr Q2 profit, nearly 39 pc of last year's annual earningsIn the third quarter, spanning July to September, India's three major state-run fuel retailers announced a combined net profit of Rs 30,106...
- Indian Oil net profit triples YoY to 21,630 cr in Q2Indian Oil experienced a remarkable surge in its net profit, which soared to ₹21,630 crore for the second quarter. This growth can be attri...
- Gold rate, silver price today: Why is gold price down today? When will gold recover from its worst trading day since mid-July?Gold prices fell to their lowest since mid-July on Friday. Gold rates were going down for a second straight monthly decline.
- 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 ...
- India bonds buckle for fourth straight month on oil's climbIndian government bonds ended October with losses, marking a fourth consecutive decline in bond yields. Brent crude oil prices surged, rais...
- Rupee to benefit from dollar retreat, plunging US yields; oil surge tempers impactThe Indian rupee is set to begin trading on a flat note or with a slight increase, driven by falling US Treasury yields. However, the loomi...
- 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. ...
- World Bank sees commodity prices surging 23% in 2026 on Middle East warCommodity prices were projected to rise 23% in 2026 as the Middle East war disrupted energy supplies and shipping, while grain disruptions ...
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