Tag: crude oil prices
In Graphics: How the cost of Iran war piled up
The Iran war is now seven months old, with no sign of a peace deal that can placate all parties. The worst second- and third-order…
Finance ministry sees Q2 FY27 GDP growth at 7.3%, flags trade, crude and AI risks
New Delhi: The finance ministry has projected a 7.3% increase in gross domestic product (GDP) in the quarter to September quarter, higher than the 6.4%…
Rupee sinks to two-month low amid FPI selling and rising US yields
Kolkata: The Indian rupee fell 0.5% Thursday to 96.3150 against the dollar, making it a two-month low and mirroring the fall in major Asian currencies,…
Sensex, Nifty open lower as foreign outflows weigh on investor sentiment
Indian equities opened lower on Thursday as persistent foreign fund outflows continued to weigh on risk sentiment, although easing crude oil prices on prospects of…
Why are gold and silver prices falling? How oil prices, US interest rates are driving the decline
Gold and silverprices have come under pressure in India after a sharp fall in global bullion markets, as rising crude oil prices, higher US Treasury…
Crude above $100 may push India inflation to 6%, RBI could hike rates 50 bps: Kotak
Crude oil staying above $100 a barrel could push India’s retail inflation towards 6% by the next quarter and put the Reserve Bank of India…
India’s retail inflation rose to 4.8% in August, oil fuels rate hike bets
India’s retail and wholesale inflation rose marginally in August, broadly in line with expectations, but recent developments in energy markets could put further upward pressure…
Sensex, Nifty open flat as Middle East tensions keep crude above $100
Indian equity markets opened largely flat on Thursday as escalating tensions in the Middle East kept crude oil prices above $100 a barrel, while investors…
Brent oil price crosses $100: Why Middle East conflict is driving crude prices higher
Brent crude oil futures crossed $100 a barrel on Wednesday, reaching their highest level in more than six weeks. The price touched $100.19 a barrel…
Sensex, Nifty open lower as Middle East war pushes Brent crude toward $100
Indian equity markets opened lower on Wednesday as escalating tensions in the Middle East pushed crude oil prices closer to $100 a barrel and weighed…