Brent Crude Oil
All Stories for Brent Crude Oil
Stock market: Sensex rises 322 points to close above 60,000 mark; Nifty settles above 17,900
•The 30-share index closed higher by 321.99 pts or 0.54 per cent at a three-week high of 60,115.13, as 21 of the index constituents closed in the green.The broader NSE Nifty spurted by 103 points or 0.58 per cent to settle at 17,936.35 points, with 36 of its constituents ending with gains
Rupee briefly touches 80/USD mark before settling at 79.97 against US dollar
•The rupee weakened in the latter half of the day on surge in crude oil prices and selling pressure by FIIs. FII outflows rose to Rs 1,649 crores on Friday
Russia-Ukraine crisis: 'Commodity, raw material prices may see steady rise; steel output to be hit'
•Both Russia and Ukraine are net exporters of steel, cumulatively to the tune of almost 40 million tonnes, which will affect international steel availability, said Indian Steel Association
Rupee plummets to all-time low of 76.88 against dollar in early trade; investors fee to safe haven greenback
•On 16 April, the rupee had slumped to 76.87 against US dollar.
Oil ebbs as China's slowest GDP growth in almost three decades stokes demand fears
•Oil prices slid on Friday on jitters over demand from China after the world’s largest oil importer recorded its weakest quarter of economic growth in nearly three decades, dragged down by a trade dispute with the United States
Prices, diesel prices slashed by up to 10 paise for first time in a month as crude oil steadies; here's rate in four metros
Fp Staff •This was for the first time since 8 September, petrol and diesel prices were cut after a fall in the crude oil rates in the international market.
Crude oil hits 2019 highs amid OPEC cuts, partial Saudi field outage; analysts say US output may rise
•The international benchmark for crude oil prices is at a near 3-month high and set for a 4.5-percent gain for the week.
Petrol price rises for third time in five days up to 20 paise on recent fall in rupee; diesel rates increase too
Fp Staff •Petrol became costlier by 19-20 paise per litre, third time since December 13. The diesel prices also rose by 9-10 paise per litre across the major cities.
Oil hits 2018 lows on emerging supply glut; Saudi Arabia pushes OPEC to cut sale to prevent surplus
•Even an expectation that the OPEC producer group will start withholding supply in 2019 to rein in any glut provided little support, traders said.
Rupee tanks 37 paise to land up at fresh lifetime low of 71.58 against US dollar on persistent trade worries and macro concerns
•The rupee stretched its record fall for the fifth-straight session even as the RBI remained mostly on the sidelines, currency market participants said.