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OIL PRODUCTION HIKES
Petrol, Diesel prices on June 14: Check latest rates in Delhi, Mumbai, Bengaluru and other citiesFuel prices remained steady on June 14, 2026, offering consumers a respite after recent hikes. This pause comes despite global crude oil vo...
Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: ReportInflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ...
Falling crude oil price sends tyre, paint, oil marketing and airline companies soaring in relief rallyOn Friday, a significant drop in oil prices caused a ripple effect in the stock market, with companies linked to crude oil benefiting the m...
IMF cuts eurozone growth forecasts again on energy inflation risksThe International Monetary Fund has issued a stark warning. The ongoing Middle East conflict is impacting eurozone growth more than previou...
PL Capital cuts Nifty target to 26,449, lists 16 high conviction stock picksAmidst global market turmoil from the Iran-US war and El Nino, PL Capital lowered its Nifty 50 target to 26,449. The brokerage anticipates ...
India Inc remains bullish on FY27; Telecom, defence, banking seen driving growth: ReportIndian businesses are optimistic about FY27. Telecom, defence, metals, and banking are set for growth. Companies expect demand to remain st...
World markets walk a tightrope between AI stocks and oil shocksGlobal markets are on a knife edge, facing a potential AI boom or oil shocks from the U.S.-Iran conflict. Investors are navigating volatile...
Ten reasons oil is still below $100 a barrelGlobal oil prices remain surprisingly low despite the ongoing war in Iran. China's drastic cut in oil imports is a major factor. Demand des...
US-Iran war: Oil seen averaging at $105 per barrel in June, July as brent remains below $100 a barrelIran war impact: Oil prices are projected to average $105 per barrel in June and July. This forecast assumes continued Strait of Hormuz dis...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities lost momentum after a positive start, with Nifty closing lower and broader markets declining sharply. Investor caution ahea...
Strong consumption keeps growth steady amid Iran war cost concernsIndia's economy shows steady growth driven by domestic demand. The West Asia conflict presents challenges like higher oil prices. The gover...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
Iran war: Fuel price surge squeezes dairy, poultry value chainsIndustry officials say rising fuel costs, coupled with geopolitical disruptions affecting commodity markets, are squeezing farmer margins a...
From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
Oil market likely to return to oversupply after Hormuz reopens: Fitch RatingsGlobal oil markets are set to see a surplus once the Strait of Hormuz reopens. Fitch Ratings predicts this despite current price hikes. The...
India Inc hikes prices, shrinks packs as Iran war squeezes marginsIndian businesses face mounting pressure from soaring oil, freight, and insurance costs. Companies are increasing prices and reducing produ...
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
Rising fuel prices to strain household budgets as West Asia crisis pushes crude above USD 100: Chief Economist Manoranjan SharmaFuel prices are climbing globally, impacting Indian households. The West Asia conflict is driving up crude oil costs, making higher fuel pr...
Petrol, Diesel Price Today: Has India seen another hike on June 4? Check fuel rates in Delhi, Mumbai, Gurgaon, Chennai and other citiesPetrol, Diesel Price Today: Fuel prices held steady across India on June 4, offering consumers a brief respite. However, rising global crud...