Tag: brent crude price
Posted in Economy
Lower oil prices open door for MPC to time policy normalisation: ICICI Research
New Delhi: With oil prices down 16 per cent since the June Monetary Policy Committee (MPC) meeting and geopolitical risks easing, the inflation outlook has…
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…