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"crude-oil-prices"

  • Rupee rises 35 paise to 95.25 as crude prices ease, equities jump

    Rupee appreciated 35 paise to 95.25 against US dollar extending gains for third session amid optimism over US-Iran peace talks, RBI assurances on forex stability, and easing crude prices. Equity markets surged while foreign investors continued selling equities net basis
  • Editorial: Falling Rupee mirrors India’s vulnerability

    Rising fuel prices, in particular, are having a ripple effect on transport, food and household expenses
  • Petrol, diesel and CNG prices rise again across India

    Petrol and diesel prices were increased again on Saturday, taking the cumulative hike to nearly Rs 5 a litre in under 10 days. CNG prices also rose, amid soaring global crude oil prices, rising import costs and concerns over inflationary pressure
  • Rupee rallies 63 paise against US dollar in strong recovery

    The Indian rupee strengthened for a second straight session, rising 63 paise to close at 95.73 against the US dollar. Support came from easing crude oil prices, positive equity markets, softer US yields and expected Reserve Bank of India intervention
  • Crude oil prices surge as US-Iran tensions escalate and supply fears grow

    Crude oil prices surged as Brent crossed $111 per barrel amid rising US-Iran tensions and renewed supply disruption fears. WTI and MCX crude also gained sharply after reported attacks in the UAE and Saudi Arabia and concerns over Strait of Hormuz.
  • Stock markets open sharply lower as oil prices surge

    Domestic equity markets opened sharply lower on Monday as rising crude oil prices and escalating tensions between the US and Iran weighed on investor sentiment. Sensex and Nifty fell over 1 per cent, while most sectoral indices traded in the red
  • Gold and silver prices jump nearly 4 per cent amid global uncertainty

    Gold and silver prices surged this week on the MCX amid geopolitical tensions and volatile crude oil prices. Analysts said bullion markets remained supported despite profit booking, with investors closely watching resistance and support levels for further price direction
  • Gold, silver tumble up to 4 pc amid stronger dollar, rising crude prices

    Gold and silver prices plunged up to 4% on the MCX Friday, driven by a stronger US dollar and expectations of prolonged high interest rates. While precious metals weakened due to rising US inflation, crude oil prices climbed over 1%.
  • Sensex, Nifty trade higher amid buying in pharma, banking stocks

    Indian equity markets traded higher despite rising crude oil prices and geopolitical tensions, led by gains in pharma and banking stocks. Sensex and Nifty climbed over 0.6 per cent, while IT shares lagged amid rupee concerns, FPI selling pressure and global market uncertainties
  • Crude oil futures rise on firm spot demand

    Crude oil futures rose by Rs 29 on the Multi Commodity Exchange as traders increased positions amid firm spot demand. Global crude benchmarks, including Brent and West Texas Intermediate, also traded higher during Wednesday’s session, supporting the positive trend in domestic futures markets
  • Q1 fuel losses may wipe out entire FY earnings of State oil firms

    India’s state-run oil companies are facing massive first-quarter losses as rising crude prices and frozen fuel rates widen under-recoveries. Despite global energy turmoil, petrol and diesel prices remain unchanged, forcing IOC, BPCL and HPCL to absorb daily losses while maintaining uninterrupted fuel and LPG supplies
  • FMCG giants prepare price hikes amid rising inflation pressures

    Major FMCG companies, including Hindustan Unilever, Dabur India and Britannia Industries, are planning calibrated price hikes due to rising crude-linked inflation, packaging costs and fuel expenses. Consumers may also face reduced product grammage amid global supply-chain disruptions
  • Crude oil prices likely to remain high for longer, says ADB economist

    ADB Chief Economist Albert Park said crude oil prices are likely to remain elevated due to the prolonged Middle East crisis. He warned that higher oil prices could reduce India’s GDP growth, raise inflation and affect food prices through rising fertiliser and gas costs
  • 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
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