
While Israel produces very little crude oil, markets worried that if the conflict escalates it could hurt Middle East supply…
Any sharp rise in crude prices has serious fiscal and macro-economic implications for India.
Wars in the Middle East are funded by oil exporters raising prices. Peace means lower inflation and better quality of…
Even though the region is not a major producer of oil and is unlikely to impact supply in the short…
Even though the central bank believes Indian crude oil basket price to remain unchanged from its earlier projections, it does…
Meanwhile, concerns remain whether Saudi Arabia and Russia will extend their output cuts beyond December which can further inject a…
Impact seen more on wholesale prices, OMCs seen to largely absorb rising costs.
The U.S. economy maintained a fairly solid pace of growth in the second quarter and activity appears to have accelerated…
India’s crude oil imports fell for the third consecutive month in August to 18.73 million tonne (MT) due to maintenance…
Brent crude futures rose 5 cents, or 0.1%, to $93.98 a barrel by 0027 GMT while U.S. West Texas Intermediate…
Crude has rallied nearly 8% in a month; may continue increasing as oil-producing nations extend production cuts to December
“Investors took profits after the recent rally which was driven by concerns over tighter supply following extended production cuts in…
The crude oil price is expected to remain volatile this week amid fluctuations in the dollar index. It has support…
Despite ongoing cuts by Saudi Arabia and other members of the wider OPEC+ alliance to support the market, OPEC oil…
India first imposed windfall profit taxes on July 1 last year, joining a growing number of nations that tax supernormal…
Amid mixed global indicators, gold and silver experienced significant buying support over the past week. While Comex gold registered a…
On the Multi Commodity Exchange, crude oil for September delivery traded higher by Rs 36 or 0.54 per cent at…
The US oil benchmark is down nearly 4% so far last week, snapping seven straight weeks of gains. Investors have…