Tag: brent crude price
Posted in Economy
India’s strong fundamentals to cushion oil shock, growth may slow up to 80 bps: S&P Global Ratings
New Delhi: India’s robust macroeconomic and financial sector fundamentals are likely to cushion the impact of a sustained oil price shock, though economic growth could…
Posted in Economy
Crude sustaining above $100 will push inflation beyond 6%, trigger rate hikes: HSBC
Mumbai, Crude oil sustaining above USD 100 per barrel will push the headline inflation above 6 per cent, the upper level of RBI’s tolerance band,…
Posted in Business
Global oil prices jump over 30% as Middle East conflict escalates
Oil prices surged to $114 a barrel as more major Middle East producers cut production, the Strait of Hormuz remained largely closed, and the United…