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2 mins read

Rupee falls 12 paise to 83.56 against US dollar in early trade

The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed do…

PTI   


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1 min read

Oil prices plunge most in 2 years after Israel's strike on Iran spares production facilities

Iran produced about 4 million barrels of oil per day in 2023. A strike on its crude production faci…

Matthew Fox   


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1 min read

Why oil prices have plunged 3% today

Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…

Filip De Mott   


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Oil oversupply could send prices tumbling in 2025, energy analyst says

Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearl…

Jennifer Sor   


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Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says

Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …

Jennifer Sor   


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Rupee rises 7 paise to 83.24 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.29 and inched up further …

PTI   


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3 mins read

India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off

The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…

Filip De Mott   


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Stock market today: Indexes edge up as oil prices ease and traders look to key inflation data

Stock indexes picked up on Tuesday as oil prices slid and traders braced for earnings and key infla…

Filip De Mott   


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How plunging oil prices could help the US avoid recession

Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…

Filip De Mott   


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Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data

The 10-year US Treasury yield jumped back above 4% on Monday, touching its highest level in about t…

Matthew Fox   


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1 min read

Why oil prices have cratered to their lowest level in nearly 3 years

The demand outlook for oil is weakening as recession concerns mount in the US and China's future lo…

Matthew Fox   


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Nifty gains marginally to hit lifetime high

Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…

PTI   


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The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says

Manufacturing activity in September contracted for the sixth consecutive month, per the latest ISM …

Jennifer Sor   


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Sensex climbs over 560 points; Nifty tops 22,300-level

Equity benchmark indices Sensex and Nifty climbed nearly 1 per cent each on Monday amid a rally in …

PTI   


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Sensex climbs 640 points; Nifty tops 22,300-level in early trade

From the Sensex basket, UltraTech Cement, Axis Bank, Bajaj Finance, Larsen & Toubro, Tata St…

PTI   


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Oil prices could surge 161% if Middle East conflict wipes out Iran's energy infrastructure, commodity chief says

If Iran's oil installations are taken offline, oil prices could surge over $200 per barrel, SEB's B…

Filip De Mott   


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1 min read

Rupee turns flat at 83.87 against US dollar in early trade

The Indian rupee's early gains were neutralized, settling unchanged at 83.87 against the US dollar.…

PTI   


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Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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4 mins read

2 of the world's biggest oil producers are looking for new ways to power their economies

The US has witnessed a massive rise in oil production over the last 15 years amid the shale boom.

Huileng Tan