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Rupee extends winning run to 7th day; rises 22 paise to 70.92 against dollar amid fall in oil prices
•The rupee has appreciated by 147 paise in the last seven trading sessions.
BSE, NSE, shut on account of Ganesh Chaturthi today; global stocks fall as new US-China tariffs add to gloom
Fp Staff •On Friday, equity benchmark BSE Sensex advanced 264 points, propelled by gains in index heavyweights HDFC, ICICI Bank, among others
Rupee rises 17 paise to 68.86 versus dollar in early trade; reports about Trump-Jinping talks, CAD support domestic currency
•The rupee opened on strong at 68.96, then gathered momentum and rose to a high of 68.86 against the US dollar
Oil prices slip as economic worries outweigh tanker tensions; OPEC meet in July may extend output curbs
•Also sapping prices were the dim outlook for oil demand growth in 2019 projected by the International Energy Agency (IEA) on Friday, citing worsening prospects for global trade.
Oil prices rise for second day from five-month lows amid signs of supply cut extension by OPEC, other producers
•Brent and WTI on Wednesday hit their lowest marks since mid-January at $59.45 and $50.60, respectively, after US crude oil output reached a record high and stockpiles climbed to their highest since July 2017.
Oil prices under pressure from Sino-US trade dispute; sanctions against Iran, Venezuela keep market on edge
•The US sanctions halved Iranian crude oil exports over the past year to below 1 million bpd, and shipments to customers are expected to drop as low as 500,000 bpd in May as sanctions tighten.
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, diesel prices become slightly cheaper after remaining unchanged for six days; crude rises on Venezuela crisis
Fp Staff •This month, the state-run oil marketing companies reduced petrol and diesel prices just three times due to the rise in crude oil rates in the international market and a weak rupee.
Petrol, diesel prices increase as rupee continues to fall; crude oil declines on record US production
Fp Staff •After the revision of fuel prices on Thursday, petrol was retailing in Delhi at Rs 70.47 per litre, Mumbai Rs 76.11, Chennai Rs 73.15 and Kolkata Rs 72.58 a litre, according to data available on the website of Indian Oil Corporation.
Petrol price goes past Rs 70-mark in Delhi as fuel rates rise for fifth straight day; Brent crude slips below $60
Fp Staff •Petrol and diesel prices increased by up to 40 paise and 53 paise respectively in major cities across the country mainly due to weak rupee and crude rise during the last week.