Crude Oil Price
Crude Oil Price News
Weak currency, strong economy: How India is on the path to becoming ‘aatmanirbhar’
India is moving in the right direction to becoming self-reliant not only in the case of services, agriculture, and manufacturing, but also in energy and currency and in the mode of exchange
Russia-Ukraine war Updates: Joe Biden vows freedom will prevail; Russia says first day of invasion 'successful'
Russia-Ukraine war LIVE Updates: The US president mapped out a slew of sanctions, which will be imposed on the Kremlin that will leave the country a ‘pariah on the international stage’
Russia-Ukraine conflict: CMs writes to MEA over Indian students' evacuation, Oppn slams Centre
The Indian Embassy issued a third travel advisory on Thursday asking Indian nationals to remain safe and not leave homes unless necessary and stressed on carrying their documents at all times
Ukrainian ambassador seeks PM Modi's intervention, says 'special partnership' with Russia could ease crisis
Russian president Vladimir Putin launched special military operations 'to protect' residents in eastern Ukraine and warned other countries that any attempt to interfere would lead to 'consequences'
Ukraine-Russia crisis may hit commodities beyond just oil and gas, says ex-RBI guv Raghuram Rajan
Rajan believes the escalating tensions between Russia and Ukraine have the potential to affect not just oil and natural gas but essential commodities like wheat
Russia-Ukraine crisis: How the Nord Stream 2 gas pipeline fits into the predicament and what happens next
Germany paused the $11 billion controversial project after Russia recognised separatist areas of Donetsk and Luhansk in Ukraine
Petrol price up Rs 36 a litre, diesel by Rs 26.58 in less than 18 months
While petrol is above Rs 100-a-litre-mark in all major cities, diesel has crossed that level in more than a dozen states
Petrol crosses Rs 100 per litre mark for first time in Rajasthan, to cost Rs 89.54 in Delhi, Rs 96 in Mumbai
While branded petrol already costs above Rs 100 in several cities, Wednesday's was the first time regular petrol price crossed the psychological mark of Rs 100 a litre in India
Fuel price hike: Petrol hits record high of Rs 92.04 per litre in Mumbai, to cost Rs 85.45 in Delhi
Petrol and diesel prices were hiked by 25 paise per litre each for the third time in the same week. After the revisions, diesel will be at an all time high Rs 75.63 a litre in the National Capital and Rs 82.40 in Mumbai
Oil prices jump over $1 as recent sharp falls draw investors; US says it will take advantage of low crude rates to fill strategic reserve
Amid heavy demand loss from the global spread of the virus that causes COVID-19, Saudi Arabia and Russia started a price war after failing to agree to extend their pact to cut output to support the market.
Rupee settles 6 paise higher at 71.19 against as RBI maintains accommodative stance; low oil price support local currency
At the interbank foreign exchange market, rupee opened on a positive note at 71.22. During the day, it saw a high of 71.11 and a low of 71.30.
Rupee rises 18 paise to 70.72 against dollar in morning trade amid gains in domestic equity market, easing crude prices
However, strengthening of the greenback vis-a-vis other currencies overseas capped gains for the rupee, forex dealers said.
Saudi Aramco drone strikes: Petrol, diesel prices likely to rise in India after crude sees biggest-ever jump of 19% since 1991
However, any price rise in petrol and diesel in the coming days will not last long due to the diversified crude procurement strategy of the Indian oil companies.
Fuel prices up marginally: Petrol, diesel rates rise across four metros after plunge in US crude production
The change in the price of crude oil in the international market directly influences the price of crude oil in the domestic market and is one of the most important factors responsible for an increase in petrol prices in Indian domestic market.
Rupee snaps 3-day losing streak; spurts 17 paise to 68.80 against dollar on hopes of Fed rate cut
The rupee had settled at 68.97 against the US dollar Thursday.
Crude oil prices slip below $70 as Sino-US trade dispute worries outweigh supply disruptions
Front-month Brent crude futures, the international benchmark for oil prices, were at $69.53 a barrel, down 58 cents, or 0.8 percent, from last session’s close.
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 high on OPEC cuts, concerns over demand ease; healthy data on US, China bolsters prices
The United States is considering more sanctions against Iran, whose crude oil exports have been halved by existing measures, an official said.
Oil price slips from 2019 highs as economic concerns weigh on sentiment; Venezuelan crude production dwindles
Crude oil prices this year have been propped up by supply cuts by the OPEC and non-affiliated allies such as Russia, often referred to as ‘OPEC+’.