Tag: Crude oil
17 Results
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Petrol price continue to rise for 5th consecutive day. Here are the latest rates
According to the Indian Oil website, petrol prices in the major metropolitan cities were up drastically by 16 paise/litre.
November 18, 2019 -
Fuel prices stable today after 5 days spike
Petrol prices in Delhi, Kolkata, Mumbai and Chennai remained unchanged at Rs 73.30, Rs 76.00, Rs 78.97 and Rs 76.18 per litre, respectively.
November 13, 2019 -
Crude oil futures slip by Rs 34 on weak global cues
On the Multi Commodity Exchange, crude oil prices for November delivery dropped by Rs 34, or 0.83 per cent, to Rs 4,042 per barrel.
November 11, 2019 -
Crude oil future plunges on passive global cues
International benchmark Brent Crude was quoting lower by 0.37 per cent at USD 61.44 per barrel.
October 25, 2019 -
Imran Khan approves price hike, petrol at Rs 117.83/l
The price of petrol was hiked by Rs 5.15 per litre, and Rs 5.65 increase was for High Speed Diesel (HSD).
August 1, 2019 -
Investor wealth erodes by over Rs 2 lakh cr as stocks plummet
Led by the selling in equity market, the market capitalisation of BSE-listed companies dropped by Rs 2,00,258.81 crore to Rs 1,50,09,329.19 crore.
June 17, 2019 -
Omnipotent commodity
The consumption of oil and natural gas across the world has given rise to unique scenarios in both international politics and national economics.
June 7, 2019 -
Rupee snaps 4-day losing streak; inches up 2 paise to 69.92 vs USD
"The rupee is under pressure as the trade tension escalated between US and China. Global markets are also under pressure hence the rupee is weakening. In coming sessions, volatility is expected to rise in the rupee as the date of election results approaches," said Rushabh Maru, Research Analyst - Currency and Commodity, Anand Rathi Shares and Stock Brokers.
May 10, 2019 -
Petrol prices touch new low for 2018, fall below Rs 69 in Delhi
The decline in domestic fuel prices comes amid the recent fall in global crude oil prices.
December 31, 2018 -
Sensex opens 100 points higher, Rupee gains 30 paise in opening trade
The US dollar fell against major global currencies as investors turned their focus to safe-haven currencies amid renewed worries over US-China trade tensions and global economic growth.
December 28, 2018 -
Sensex, Nifty fall 1% as crude oil prices surge
The S&P BSE Sensex fell 345.56 points or 0.98 per cent to 34,812.99 points. It had opened at 35,287.49 from its previous close of 35,158.55.
November 12, 2018 -
India appreciates US waiver on Iran-related sanctions
The spokesperson noted that India was a major importer of crude oil from Iran. This was very important for its own energy security needs.
November 9, 2018 -
Oil market on alert as Iran sanctions hit
US sanctions against importers of Iranian oil threaten the crude oil market's precarious balance and risk surging prices, all under Saudi Arabia's watchful gaze, according to experts.
November 4, 2018 -
Considering alternative fuel supplies for ‘friend India’: US ahead of sanctions on Iran
The US has made it clear that any country that continues to do business with Iran will be blocked from accessing the American banking and financial system.
September 29, 2018 -
Petrol prices continue to soar across India, diesel prices unchanged
High crude oil prices and a falling rupee have added to the cost of transportation fuel since August 1.
September 22, 2018 -
Rupee hits new all-time low of 71.37, now 16 paise down against US dollar
Opening at a record low of 71.24 against a dollar at the Interbank Foreign Exchange, down from its previous close of 71.21, the local currency weakened further to trade at a life-time low of 71.37 per dollar on Tuesday
September 4, 2018 -
High crude oil prices drive rupee to fresh low
According to analysts, caution ahead of key macro-economic data, coupled with a rise in demand for US dollars also dragged the rupee lower.
August 30, 2018