Tag: oil prices

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Posted in Economy

Oil prices key external risk, but yet to derail growth outlook: Radhika Rao, Executive Director & Senior Economist, DBS Bank

Recent high-frequency indicators show growth is holding up despite a less supportive global backdrop, as credit growth maintains a strong beat, government expenditure remains apace…

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Indian shares were expected to open higher on Tuesday after five consecutive weekly losses (PTI)
Posted in Business

Sensex up by 400 points, Nifty above 23,500 as stock markets open in green

The Indian stock market saw some relief today with both Sensex and Nifty50 opening in the green. As per the official websites, Sensex is up…

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The rise in tanker freight costs comes as India’s crude import bill for Q1 has reached $63.37 bn, up 56% from a year earlier. (REUTERS/Representational)
Posted in Business

Rates for tankers to India rise by 150 percent as West Asia crisis escalates

Daily charter hire rates for tankers to India have more than doubled to $250,000 in about two weeks, as escalating hostilities in the Red Sea…

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US stocks fall as oil prices rise above $100 a barrel. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Stock market fall: S&P 500, Dow, Nasdaq slide as oil tops $100, yields rise

US stocks fell on Thursday, as investors worried about higher oil prices, rising Treasury yields and new inflation data. The Dow Jones Industrial Average fell…

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Wall Street stocks fall as oil prices rise and inflation fears grow.  (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

Stock market today: Dow falls 511 points as oil nears $100, US-Iran war fuels inflation fears

US stocks fell on Tuesday as investors watched the US-Iran war and fresh trade tensions with Canada. The Dow Jones Industrial Average dropped 511 points,…

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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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Goldman Sachs warns oil could hit $120 as US-Iran tensions threaten Strait of Hormuz shipping. (Pexel/Representative image) (Pexel)
Posted in Business

Could oil hit $120? Goldman warns as US-Iran attacks threaten Hormuz shipping

Goldman Sachs sees oil rising as high as $120 a barrel if attacks on Middle East shipping get worse. The bank warned that a bigger…

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OPEC+ keeps oil output unchanged as Iran war pushes Brent crude closer to $100. (Pexel/Representative image) (Pexel)
Posted in Business

Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100

OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…

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Global markets fall as US-Iran strikes push oil prices and bond yields higher. (Pexel)
Posted in Business

Global stock markets fall as US-Iran strikes push oil to $95, bond yields surge, Fed rate hike bets rise

Global stock markets fell on Wednesday as fresh US airstrikes on Iran pushed oil prices to a five-week high. Investors grew worried that the conflict…

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A screengrab from a video obtained from social media on September 1, 2026, shows a missile launch on the day US Central Command (CENTCOM) said US forces carried out strikes on Iranian military target. (REUTERS)
Posted in Business

Sensex, Nifty see sharp drop amid Iran-US conflict flare-up; brent crude skyrockets

Indian stock market indices Sensex and Nifty dropped sharply on opening on Wednesday, reacting to the international developments – the major escalation in the Iran-US…

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