Brent

Markets extend gains: Sensex up 371 points, Nifty closes near 9,400-mark; IndusInd Bank jumps 17%

IndusInd bank surged by 17 percent post-management relieved investor concerns over financials.

Oil prices slide again as world runs low on storage capacity, expect plunge in demand post-lockdown easing restrictions

The main concern is that there is nowhere to store all the oil that is not being consumed due to the drop in global economic activity amid restrictions imposed around the world to curb the spread of the new coronavirus.

Rupee logs 4th straight gains, spurts 27 paise to 70.94 against dollar on softening crude oil prices

In the last four trading sessions, the rupee has gained 99 paise against the US dollar.

Brent crude jumps nearly $3 after US airstrike kills Iranian, Iraqi military personnel; raises concerns of disruption in oil supplies

Brent, the international benchmark, LCOc1 hit an intraday high of $69.16 a barrel, its highest since 17 September, before easing to $68.21, up $1.96, or 3 percent, by 0618 GMT

Oil falls 1% as weak China exports highlight trade war impact; Beijing hopes for agreement with US

The oil price drop also put an end to a strong run in previous sessions fuelled by hopes for the OPEC+ production curb deal.

Rupee rises 6 paise to 71.70 against dollar in early trade amid fresh foreign fund inflows, easing crude oil prices

At the interbank foreign exchange, the rupee opened at 71.77, showing a decline of just 1 paise over its previous closing.

Oil slips on slowing global demand concerns despite US-China trade talk hopes; market may tighten in Q4

In oil markets, however, concern over whether Trump can achieve progress on the trade dispute has overshadowed OPEC’s Thursday pact to trim output by asking members to bring their production back in line with targets.

Fuel prices on downward trend: Petrol, diesel rates slashed up to 7 paise on Thursday; US crude extends sharp climb

The fuel prices started falling in the domestic market since December 21 following decline in the crude oil rates in the international market.

Petrol price cut by 7 paise for fifth consecutive day, no change in diesel rate; crude falls 6% to lowest level in more than a year

Petrol price had slipped below Rs 70-mark in Delhi on Monday itself for the first time this year.

No change in petrol, diesel prices as concerns of oversupply, global economic slump keep markets under pressure

Global benchmark Brent was up 0.85 percent, or 49 cents, at $56.75 per barrel