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"crude-oil"

  • Rupee falls 7 paise to close at 94.50 against US dollar amid crude oil surge

    The rupee fell 7 paise to close at 94.50 against the US dollar as rising crude oil prices and global headwinds offset support from strong FCNR inflows. Weak domestic equities also weighed on sentiment, while forex reserves climbed to a record high
  • Crude oil futures rise for sixth straight session to Rs 8,592 per barrel

    Crude oil futures extended gains for a sixth consecutive session, rising to Rs 8,592 per barrel amid renewed US-Iran hostilities. Fears of supply disruptions pushed global oil prices higher, with Brent crude nearing USD 97 per barrel in international markets
  • Markets open lower amid renewed geopolitical tensions

     Indian equity benchmarks opened lower on Monday as weak Asian markets and surging crude prices weighed on investor sentiment amid renewed US-Iran tensions. Sensex fell 134 points and Nifty declined 58 points, while metal and IT stocks led sectoral losses 
  • Rupee rises 26 paise to 95.44 against US dollar

    The rupee strengthened 26 paise to close at 95.44 against the US dollar on Tuesday, supported by gains in domestic equities, a weaker dollar and falling crude prices. Analysts said RBI intervention and oil prices would remain key near-term drivers
  • Rupee falls 19 paise to 95.61 against US dollar

    The rupee fell 19 paise to close at 95.61 against the US dollar on Monday, pressured by weak domestic equities and rising crude prices. Traders expect a slight negative bias amid delayed US-Iran talks, broader dollar support and changing FCNR(B) deposit rules
  • Nifty, Sensex post weekly losses amid crude price rise and global uncertainty

    Indian equity benchmarks Nifty and Sensex posted weekly losses after two consecutive weeks of gains, as rising crude prices and global uncertainty weighed on sentiment. Better corporate earnings, stable rupee and improved FII participation provided some support.
  • Rs 2.86 lakh crore fuel loot: Surjewala targets govt over oil firms’ profits

    Congress leader Randeep Surjewala accused the government of an “organised loot” of Rs 2.86 lakh crore, citing combined profits of state-run oil marketing companies from 2020-21 to 2025-26. He alleged high fuel prices burdened consumers despite manageable global crude prices
  • Rupee gains 2 paise to 95.20 against US dollar amid Iran-Oman uncertainty

    The rupee ended nearly flat on Friday, gaining 2 paise to 95.20 against the US dollar, as risk aversion over uncertain Iran-Oman negotiations and higher crude prices weighed on sentiment. Markets remained cautious ahead of the weekend and US jobs data
  • Ethanol blending saved Delhi petrol buyers Rs 30 per litre during West Asia crisis: Centre

    The Centre said ethanol blending prevented petrol prices in Delhi from rising to about Rs 125 per litre during the recent West Asia crisis. It credited the programme with reducing import dependence, saving foreign exchange and cushioning consumers from global crude price shocks
  • Rupee slips 4 paise to 96.57 against US dollar amid rising crude oil prices

    The rupee weakened by 4 paise to close at 96.57 against the US dollar as elevated crude oil prices and weak domestic equities weighed on sentiment. Traders said likely RBI intervention helped limit losses despite heightened geopolitical tensions in West Asia
  • Crude oil prices climb over 2 pc to $96 amid escalating West Asia tensions

    Global crude oil prices jumped over 2 per cent after Iran-backed Houthi militants claimed attacks on two Saudi oil tankers in the Red Sea. The escalation heightened fears of supply disruptions, pushing Brent above $96 a barrel and raising inflation concerns for oil-importing countries
  • Rupee falls 28 paise to 96.53 against US dollar as crude prices surge on Middle East tensions

    The Indian rupee fell 28 paise to settle at 96.53 against the US dollar on Wednesday, driven by soaring Brent crude prices above USD 94 per barrel, escalating Middle East geopolitical conflict, and heavy domestic equity sell-offs
  • Rupee falls 14 paise to 96.44 against US dollar on oil surge

    The rupee weakened 14 paise to close at 96.44 against the US dollar on Monday, pressured by rising crude oil prices and global risk aversion amid US-Iran tensions. RBI intervention expectations and stronger forex reserves helped limit further depreciation
  • Rupee falls 48 paise to 96.16 against US dollar on rising crude, geopolitical tensions

    The rupee depreciated 48 paise to close at 96.16 against the US dollar, pressured by rising crude oil prices, geopolitical tensions and increased demand for the greenback, while higher imports and foreign fund outflows further weighed on the domestic currency
  • India’s Russian crude imports hit record high in June: CREA report

    India's imports of Russian crude oil reached a record high in June, rising 34 per cent from May to EUR 4.5 billion, according to CREA. Despite higher export volumes, Russia's oil revenues declined due to lower global crude prices, the report said
  • India’s Russian crude imports hit record in Jun even as Moscow’s oil revenues slip

    India's Russian crude oil imports climbed 34 per cent to a record high in June, reaching EUR 4.5 billion despite lower Russian export revenues. The surge boosted supplies to major Indian refineries, reinforcing India as Russia's second-largest fossil fuel buyer
  • Gold trades flat, silver slips in early trade as crude oil prices ease

    Gold traded largely flat while silver edged lower in early MCX trade on Monday as softer crude oil prices eased concerns over further US Federal Reserve rate hikes. Meanwhile, international gold and silver prices gained, supported by positive market sentiment and technical strength.
  • Global oil prices fall up to 1 pc as OPEC+ raises August output targets

    Global crude oil prices fell nearly one per cent after OPEC+ agreed to increase August production and exports through the Strait of Hormuz recovered. Improved supplies and easing geopolitical tensions boosted expectations of a better-balanced global oil market
  • Fuel retailers lost Rs 74,781 Crore selling petrol, diesel below cost: Puri

    Oil marketing companies incurred losses of Rs 74,781 crore by selling petrol, diesel and LPG below cost until June 30, Petroleum Minister Hardeep Singh Puri said. He indicated fuel price cuts could be considered if global crude oil prices remain low
  • Nayara Energy slashes petrol price by 5 rupees and diesel by 3 rupees per litre

    Private fuel retailer Nayara Energy has cut petrol prices by ₹5 per litre and diesel by ₹3 per litre across India. The move, triggered by cooling global crude prices, has brought major relief to consumers and gig workers
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