Latest News on Crude Oil
Showing of 0 - 10 from 228 results
Crude Oil - Total results - 228
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Dec 10, 2018
Brent crude oil rises after producers agree for supply cut; outlook weak on slowdown concerns
Despite the cuts, that was still a price forecast reduction of $6 per barrel as Bernstein lowered its crude oil demand forecast from 1.5 million bpd previously to 1.3 million bpd for 2019. -
Dec 07, 2018
Rupee claws back some lost ground, rises 8 paise to close at 70.82 against US dollar
The Indian rupee on Friday recuperated by 23 paise to close at 70.67 against the US dollar in line with a rally in domestic stocks and positive global cues. -
Dec 07, 2018
India inks pact with Iran to pay crude bill in rupee; 50% funds to be used to export items to Tehran
The memorandum of understanding (MoU) was signed following the US letting India and seven other nations to keep buying Iranian oil despite sanctions were reimposed on the Islamic state on 5 November. -
Dec 06, 2018
Sensex tanks 572 points to close at 35,312 on global equity meltdown, Nifty falls 182 points
Benchmark equity indices cracked for the third consecutive session on Thursday on negative global cues, weak rupee and sustained selling by foreign as well as domestic institutional investors. -
Dec 05, 2018
RBI monetary policy: Central bank lowers inflation projection to 2.7-3.2% for second half of current financial year
The Reserve Bank of India (RBI) on Wednesday lowered retail inflation projection in the range of 2.7-3.2 percent for the second half of the current fiscal, citing normal monsoon and moderate food prices -
Dec 04, 2018
Oil price jumps 2% on expectations of production cuts; OPEC to frame strategy at Vienna meet on Thursday
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Dec 03, 2018
Sensex rises for 6th straight day, up 47 points at 36,241 despite headwinds of sliding rupee and weak GDP numbers
The benchmark Sensex after opening on a higher note in early trade turned choppy as the day progressed, surrendering strong initial gains. The 30-share gauge ended with a marginal gain of 47 points at 36,241 -
Dec 01, 2018
Iran skirts US sanctions and finalises oil-for-goods deal with South Korea; official hints at joint fund between countries' central banks
The development comes after Washington unilaterally reimposed a crippling oil embargo on Iran last month following its withdrawal in May from a landmark 2015 nuclear deal. -
Nov 30, 2018
Infrastructure growth slows down to 4.8% in October on contraction in fertiliser, crude oil production
Eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had grown by 5 percent in October 2017. -
Nov 30, 2018
Oil price firms as OPEC, Russia likely to agree on output cuts next week; rising US supply stems gains
Despite the firmer prices, crude oil has lost almost a third in value since early October because of an emerging supply glut following a global surge in production.
