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Oil prices to remain stable in India, country has various crude supply options: Union Minister Hardeep Puri

Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the coun…

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4 mins read

Headroom to cut petrol and diesel prices by ₹2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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Duty hike on crude, refined oils to hugely benefit farmers: Official

The government official also said that the decision to remove minimum export price and slashing of …

PTI   


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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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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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The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries

US crude production notched a new monthly record in August. That's not necessarily welcome news to …

Filip De Mott   


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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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Rupee falls 1 paisa to close at 83.50 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.52 and hit the intraday h…

PTI   


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Rupee falls 9 paise to 83.43 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.39 and lost further groun…

PTI   


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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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Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much

Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.

Filip De Mott   


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Rupee falls 4 paise to 83.48 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83…

PTI   


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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 2 paise to 83.42 against US dollar in early trade

At the interbank foreign exchange market, the local unit opened at 83.42 and slipped further to…

PTI   


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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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Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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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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Rupee trades flat at 83.53 against US dollar in early trade

At the interbank foreign exchange market, the rupee moved in a tight range of 83.50 to 83.54 in mor…

PTI   


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Rupee trades flat 83.49 against US dollar in early session

Powell's testimony offered little new guidance on the US central bank's plans for when it mig…

PTI