Tag: crude oil prices

Economists expect the RBI to consider rate hikes in October and December if elevated crude prices push consumer inflation higher. (Reuters)
Posted in Business

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…

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A man touches the stairs as he arrives at the Bombay Stock Exchange (BSE) building in Mumbai (REUTERS/File)
Posted in Business

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…

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Brent crude oil prices cross $100 as Middle East conflict raises supply concerns. (Reuters)
Posted in Business

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…

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The decline comes after both indices lost 2.2% over the past seven sessions, falling in six of them. (PTI)
Posted in Business

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…

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Oil prices rise as Middle East tensions threaten global crude supplies. (MINT FIle photo)
Posted in Business

Oil prices surge 3%: Why Brent is nearing $100 as Middle East war risks grow

Oil prices climbed to multi-week highs on Tuesday as fears of a wider Middle East conflict grew. Brent crude rose to around $99 a barrel,…

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The Nifty 50 index closed at 24,154.90, down 132.75 points or 0.55 per cent, while the BSE Sensex closed at 77,235.46, lower by 492.70 points or 0.63 per cent. (ANI Video Grab)
Posted in Business

Sensex down 493 points, Nifty too ends in red amid high crude prices, rising US bond yield

The equity markets extended their decline on Tuesday, with both benchmark indices closing in the red as elevated crude oil prices, rising US bond yields…

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Posted in Economy

US sanctions bill makes India-US trade deal more critical, may push up import bill: Economist

New Delhi: The proposed US sanctions legislation targeting buyers of Russian crude makes it more critical for India to negotiate a trade deal with the…

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Posted in Economy

RBI MPC Meeting 2026: Crude oil volatility remains key inflation risk

The Reserve Bank of India (RBI) on Wednesday warned that volatile global crude oil prices remain a key risk to inflation, saying geopolitical tensions have…

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India Growth Resilient Amid Global Uncertainty, but Crude Risks Linger
Posted in Economy

India growth resilient amid global uncertainty, but crude risks linger

New Delhi: The finance ministry on Wednesday said global uncertainties have resurfaced in the wake of the latest escalation of the West Asia conflict, clouding…

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Posted in Economy

Weak investments, higher oil prices to slow India’s GDP growth to 6.6% in FY27: Poll

Bengaluru: India’s economic growth is expected to slow sharply this fiscal year from last year’s robust expansion and recover only modestly the following year, a…

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