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WILL OIL PRICES RISE IN INDIA
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...- Prices climb, but low loan rates keep homes affordableSix out of eight major cities within affordability threshold in the first half of 2026; stable employment and income help sustain demand.
- Why petrol and diesel prices haven't fallen yet? Hardeep Singh Puri hints at rate cut after sustained low crude pricesFuel prices might see a dip if international crude oil rates stay low for a few more weeks, according to Union Minister Hardeep Puri. Oil c...
- India, China ink edible oil trade pact to boost soybean oil importsIndia's edible oil industry, represented by IVPA, has inked a significant pact with China's CFNA to boost bilateral trade. This collaborati...
- Airlines shun Rs 10,000-crore ATF subsidy as fuel prices fallA Rs 10,000-crore jet fuel price stabilisation programme has failed to attract any airline sign-ups. The scheme, designed to shield carrier...
- India bonds surge on Bloomberg index hopes, oil-led inflation reliefIndian government bonds surged Thursday, fueled by strong foreign investment and easing inflation worries stemming from lower oil prices. H...
- Sensex jumps 580 points, Nifty closes above 24,150 as IT stocks outperform; oil prices near $70/barrelIndian equity benchmarks rallied over 0.7% as easing crude oil prices, lower market volatility, and gains in IT stocks lifted sentiment. An...
- Why are oil prices down today, and will Brent futures and US WTI crude prices continue to fall or rise again? Iran-US talks, Strait of Hormuz recovery and US inventory data keep crude market under focusOil prices declined as investors watched Iran-US talks, the recovery of shipping through the Strait of Hormuz, and upcoming US inventory da...
- Petrol, Diesel prices cut on July 1: Check latest fuel rates in Delhi, Mumbai, Chennai, Kolkata, Bengaluru and other citiesNayara Energy has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre, attributing the move to easing international crude oil costs....
- No sudden shelter from storms: What protected India's oil supply during Hormuz crisisIndia successfully navigated the Hormuz Strait closure, avoiding fuel shortages despite initial fears. This resilience wasn't due to last-m...
- Why are oil prices up today, and will Brent and US WTI crude futures continue to rise or fall again? Oil market reacts to US-Iran talks, Strait of Hormuz developments and supply outlookOil prices posted gains during Tuesday's trading, but both Brent and US WTI crude futures remained on course for their biggest quarterly de...
- Indian economy remains exposed to energy price shocks: RBI reportIndia's economy faces potential exchange rate volatility due to rising oil prices and supply chain issues, an RBI report revealed. Despite ...
- Delayed soyabean sowing likely to push up edible oil pricesAs delayed soybean sowing unfolds in key Indian states like Madhya Pradesh and Maharashtra, concerns are rising over a potential shortage o...
- Oil risks rise, but Moody's sees India holding firmMoody's Ratings believes India can manage a wider fiscal deficit this year without jeopardising its investment-grade credit rating. Despite...
- Market wrap: Sensex falls 372 points, Nifty closes below 23,950; Kotak Mahindra Bank drops 3%Indian markets ended lower as Sensex and Nifty snapped a two-session winning streak, pressured by geopolitical tensions in the Middle East ...
- Global Market: Australian shares end higher as Iran truce offers relief, but caution lingersIndian markets saw a positive opening, mirroring global trends as tensions between the US and Iran eased temporarily. Financial and technol...
- Gold slips as US-Iran tensions lift oil, US rate-hike bets weighGold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added fur...
- Global Market Today: Asian shares slip, oil pares climbGlobal markets are showing cautious optimism as US and Iran reportedly step back from further conflict escalation, with talks scheduled in ...
- Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
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