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2 mins read
Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today
Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…
1 min read
Russia's oil revenue plummeted 29% in October amid volatile global crude prices
One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …
Jennifer Sor
2 mins read
Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade
The Indian Rupee hit a new all-time low against the US dollar, reaching 84.40 due to foreign fund o…
PTI
2 mins read
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…
2 mins read
Global energy outlook will shift once Trump returns to White House: Report
Trump's win in the US presidential election may shift the global energy outlook in response to anti…
1 min read
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
1 min read
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
2 mins read
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
2 mins read
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
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…
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
2 mins read
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
2 mins read
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
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
2 mins read
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
2 mins read
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
1 min read
Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows
The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…
Jennifer Sor
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
2 mins read
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
2 mins read
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…