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"crude-oil-prices"

  • OPEC+ agrees to oil output quota hike amid Hormuz blockade, Kuwait oil exports zero

    OPEC+ agreed to raise June output by 188,000 barrels daily amid West Asia tensions and Strait of Hormuz blockade. United Arab Emirates exit weakens the group, while disrupted exports and diplomacy moves caused volatile global oil prices
  • Sensex and Nifty fall as crude oil prices surge amid Iran-US tensions

    Indian equity benchmarks Sensex and Nifty closed lower on Thursday as rising crude oil prices and escalating tensions between the United States and Iran weakened investor sentiment. Broader markets also declined, while IT and pharma stocks showed relative resilience amid volatility
  • Gold and silver prices rise amid West Asia tensions

    Gold and silver prices rose on Thursday amid rising crude oil prices and growing tensions in West Asia. Gold crossed Rs 1.50 lakh on MCX during intra-day trade, while silver also gained strongly as investors reacted to global uncertainty and geopolitical developments
  • Sensex and Nifty end higher despite surge in crude oil prices

    Indian benchmark indices ended higher on Wednesday, although gains narrowed due to a sharp rise in global crude oil prices. Investors remained cautious amid geopolitical tensions, stalled US-Iran talks and volatility in energy markets, while select heavyweight stocks supported market sentiment
  • Iran offers to reopen Strait of Hormuz if US lifts blockade

    Iran has offered to reopen the Strait of Hormuz if the US lifts its blockade and the war ends, officials said. The proposal comes amid ongoing tensions, stalled negotiations and global concerns over oil supply disruptions and rising prices
  • Sensex drops 983 points, Nifty slips below 24,000 as crude oil surge hits markets

    Indian stock markets ended sharply lower on Friday as rising crude oil prices and geopolitical tensions weighed on investor sentiment. IT stocks led the decline, while concerns over inflation and current account deficit kept market participants cautious
  • Ship movement via Hormuz halts, global oil prices firm up

    Traffic in the Strait of Hormuz has stalled after Iran seized vessels, disrupting a key global energy route. Rising geopolitical tensions pushed oil prices above $103 per barrel, while India faces supply concerns but maintains normal fuel operations and diversifies imports
  • Indians stock markets fall for 2nd day over West Asia tensions

    Indian stock markets fell for a second straight session as escalating West Asia tensions and Strait of Hormuz disruptions triggered risk-off sentiment. Sensex and Nifty dropped around 1%, with broad-based selling across sectors, while rising crude and rupee weakness added pressure
  • Crude oil prices near $100 as Iran tightens Hormuz control, ceasefire doubts rise

    Global oil prices surged near $100 as West Asia tensions escalated, with Brent Crude and WTI Crude rising sharply after Iran’s Strait of Hormuz warning. Market volatility increased, dragging Indian indices lower despite mixed global equity performance trends
  • India faces inflation risks as global oil prices surge: Chief Economic Advisor

    Chief Economic Advisor V. Anantha Nageswaran has cautioned that India’s inflation outlook faces fresh risks due to rising crude oil and commodity prices triggered by the Iran-US conflict. While India enters this phase with strong macroeconomic fundamentals, policymakers face the challenge of containing inflation without undermining growth.
  • Stock markets surge in early trade amid hopes of resumption of US-Iran peace talks

    Indian equity markets rallied sharply Wednesday as Sensex and Nifty surged on global optimism and lower crude prices amid US-Iran diplomacy hopes. Gains were broad-based despite recent foreign outflows, with IT and aviation stocks leading the early advance across sectors
  • Fuel price freeze: Rs 18/litre loss on petrol, Rs 35 on diesel

    State-owned oil companies Indian Oil Corporation, Bharat Petroleum Corporation Limited, and Hindustan Petroleum Corporation Limited are facing rising losses as petrol and diesel prices remain frozen despite high crude costs, increasing financial strain and raising concerns over possible future fuel price hikes
  • Stock market: US-Iran talks, Q4 earnings and oil prices in focus for next week

    Indian equities rebounded sharply after six weeks of losses, with Nifty 50 and BSE Sensex gaining nearly 6%. Analysts expect cautious trading ahead, driven by global geopolitical tensions, Q4 earnings, and currency and crude oil movements
  • Editorial: RBI tightens the belt for tough days ahead

    The central bank's decision to maintain the status quo signals a careful balancing act between controlling inflation and supporting economic growth in an increasingly uncertain global environment
  • Stock markets decline in early trade

    Benchmark indices BSE Sensex and NSE Nifty fell sharply in early trade as rising crude oil prices and West Asia tensions hurt sentiment. Heavy FII outflows added pressure, while select IT and financial stocks limited broader market losses
  • West Asia conflict drives crude oil prices to multi-year highs, Brent up 8 pc

    Global crude oil prices surged after US President Donald Trump warned of potential strikes on Iran, heightening supply concerns. Ongoing West Asia conflict disrupted Strait of Hormuz flows, pressured markets, impacted currencies, and kept investors cautious despite slight declines in gold prices
  • Rupee posts biggest single-day gain in 12 years as RBI tightens speculation curbs

    Indian rupee surged 1.7%, its biggest gain in over 12 years, after Reserve Bank of India tightened curbs on currency speculation and offshore derivatives. Gains came amid global market weakness, rising crude prices, and falling Asian equities and domestic indices
  • Gold rises 5.77 pc in a week amid geopolitical tensions and crude oil pullback

    Gold prices rose 5.77 per cent during the week amid geopolitical tensions and easing crude oil prices. Analysts expect continued volatility as traders monitor Middle East developments, crude oil movements and global central bank policy signals.
  • Private fuel retailer Nayara hikes petrol by Rs 5, diesel by Rs 3

    Nayara Energy raised petrol by Rs 5 per litre and diesel by Rs 3, becoming one of India’s first fuel retailers to pass on crude price hikes amid Middle East tensions. State-owned firms have kept prices unchanged since April 2022
  • Stock markets rally for second day as oil prices fall

    Indian stock markets rallied for the second straight day, with Sensex and Nifty gaining nearly 2 per cent, as falling crude oil prices and hopes of de-escalation in West Asia improved global sentiment and boosted investor confidence
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