Crdue Oil-prices

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Crdue Oil-prices - Total results - 4
Oil gains as optimism grows economic impact of coronavirus outbreak may be brief; OPEC likely to hike supply cuts
Business

Oil gains as optimism grows economic impact of coronavirus outbreak may be brief; OPEC likely to hike supply cuts

Brent crude was up by 59 cents, or 1 percent, at $58.34 a barrel, while US oil was up 55 cents, or 1.1 percent, at $52.60 a barrel.

Jet Airways shares rise 6% after report of chairman Naresh Goyal stepping down
Business

Jet Airways shares rise 6% after report of chairman Naresh Goyal stepping down

Naresh Goyal, who founded the full-service carrier 25 years ago, has also agreed to reduce his 51 percent stake in the airline

Iran agrees to OPEC oil cut, focus back on Russia; Saudi under US pressure to maintain crude output
Business

Iran agrees to OPEC oil cut, focus back on Russia; Saudi under US pressure to maintain crude output

Tehran has emerged as a key sticking point for a deal but the difficulties were now in the past and OPEC was refocusing on talks with non-member producers led by Russia to reduce supplies.

Rupee tanks 37 paise to land up at fresh lifetime low of 71.58 against US dollar on persistent trade worries and macro concerns
Business

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.