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"crude-oil-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
  • From high seas to home kitchens: Why the Iran war is India’s energy wake-up call

    As oil routes tighten and LPG delays mount, the Iran conflict is turning distant geopolitics into an immediate threat to India’s household
  • Govt plans to redirect 90 lakh tonne FCI broken rice to ethanol industry from next year: Food Sec

    The Centre plans to cut broken rice allocation under PDS to boost ethanol production, freeing 90 lakh tonnes annually. Sanjeev Chopra said the move aims to strengthen supply chains, support blending targets and reduce crude import dependence
  • Sensex crashes 1,836 points; Nifty slips below 22,600 amid global sell-off

    Indian stock markets plunged sharply, with Sensex falling 1,836 points and Nifty dropping below 22,600, amid weak global cues, rising crude oil prices, and escalating Middle East tensions. Continued FII outflows and rupee weakness further dampened investor sentiment
  • Stock markets rebound in early trade after sharp fall in previous session

    Mumbai markets rebounded sharply on Friday as Sensex and Nifty surged following a previous steep fall, aided by easing crude oil prices amid hopes of Middle East de-escalation, while most stocks gained, despite continued foreign investor selling pressure in markets today
  • Stock markets tumble in early trade on boiling crude oil prices, weak global trends

    Mumbai markets plunged early Thursday as Sensex and Nifty fell sharply, ending a three-day rally amid surging crude oil prices, weak global cues, and heavy FII outflows. Banking and financial stocks led losses, while energy shares showed limited resilience
  • Sensex, Nifty post early losses over geopolitical tensions, oil prices

    Indian equity markets opened sharply lower as rising crude oil prices amid the US-Iran war dampened investor sentiment. Sensex and Nifty fell over 0.6 per cent, while most sectoral indices traded in the red. Analysts warned higher oil prices could increase inflation and market volatility
  • Crude oil prices dip below $90 mark after reports of IEA considering reserve release

    Crude oil prices fell after reports the International Energy Agency may release record emergency reserves to curb the surge triggered by the US-Iran war. Brent and WTI declined sharply as G7 nations explored measures to stabilise markets and ease global energy costs
  • Oil prices surge past $100 as Iran conflict disrupts Strait of Hormuz

    Oil prices surged past $100 per barrel as the Iran conflict disrupted shipments through the Strait of Hormuz, triggering market turmoil, production cuts and fears of a prolonged global energy shock and economic fallout.
  • Dow drops 1,200 as stocks sell off around world, oil prices leap even higher on war worries

    The price for a barrel of Brent crude, the international standard, leaped another 7.8% to $83.84. That's up from close to $70 less than a week ago
  • Israel-Iran war likely to weigh on Indian markets this week

    Rising Israel-Iran tensions may pressure Indian markets as crude prices climb on Strait of Hormuz concerns. Analysts warn inflation risks if oil tops $80, while energy and defence stocks could gain. Nifty 50 signals weakness amid volatility and geopolitical uncertainty 
  • Rupee rises 3 paise to 89.95 against US dollar in early trade

    The rupee appreciated 3 paise to 89.95 against the US dollar in early trade, supported by a weaker greenback and strong IIP data. However, foreign fund outflows, higher crude prices and weak equities limited further gains
  • Rupee falls 23 paise to 89.94 against US dollar in early trade

    The rupee weakened 23 paise to 89.94 against the US dollar in early trade amid foreign fund outflows, weak domestic equities and rising crude oil prices, with thin holiday volumes and trade deal uncertainty weighing on market sentiment
  • Rupee sees high volatility against US dollar in early trade

    The rupee remained volatile in early trade amid easing crude oil prices and sharp intraday recovery, but uncertainty over the India-US trade deal and sustained foreign fund outflows kept pressure on the currency despite supportive domestic equity market cues
  • Rupee rises 20 paise to 89.69 against US dollar

    The rupee appreciated 20 paise to 89.69 against the US dollar ahead of the RBI’s policy decision, though pressure persists from FII selling, crude prices and trade-deal delays. Markets await possible rate-cut signals as inflation eases and growth strengthens
  • Rupee gains 6 paise to 86.06 against US dollar amid weaker greenback, softer crude prices

    The rupee gained 6 paise to 86.06 against the US dollar on Friday, supported by softer crude prices and a weaker dollar. However, continued foreign fund outflows limited further gains. Equity markets also opened lower amid trade deal uncertainties.
  • Crude oil prices may recover as supply stabilises and tensions ease

    Traders are focused on the July 5 OPEC+ meeting, where a third consecutive production hike of 4,11,000 barrels per day is expected to be approved for August
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