Tag: oil prices

Smoke billows from the site of an Israeli airstrike on the Lebanese city of Baalbeck in the Bekaa valley in south Lebanon. Brent crude rose by 1.14% to $74.74, while US WTI climbed 1.31% to $71.29 amid fears of a looming hurricane impacting production.(AFP)
Posted in Business

Lebanon crisis: Oil prices climb on Middle East tensions

Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional…

Continue Reading
Oil Edges Higher as Libyan Disruption Counters Weak Chinese Data
Posted in Business

Oil Edges Higher as Libyan Disruption Counters Weak Chinese Data

Sep 16, 2024 07:35 PM IST Oil rose following its first weekly gain in a month as traders weighed a drop in Libyan exports against…

Continue Reading
Stock markets rally, oil prices slide
Posted in Business

Stock markets rally, oil prices slide

Stock markets mostly rallied Friday after encouraging US retail sales data reassured investors about the health of the world’s biggest economy. Stock markets rally, oil…

Continue Reading
ONGC (File photo)
Posted in Business

ONGC’s Q1 net profit falls 34% on lower oil prices and output

The net profit of Oil and Natural Gas Corporation (ONGC) fell over 34 per cent in June quarter on decline in oil prices and lower…

Continue Reading
An Aramco employee walks near an oil tank at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia.(REUTERS)
Posted in Business

Saudi Arabia’s Aramco Q2 profit drops 40% due to lower oil prices

Saudi Arabia’s state-run oil giant Aramco made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous…

Continue Reading
Food Prices: Inflation in India seen easing in March on softening food price rises
Posted in Economy

Food Prices: Inflation in India seen easing in March on softening food price rises

India’s consumer inflation likely eased in March to 5.80% thanks to softer food price rises, dipping below the Reserve Bank of India’s upper tolerance limit…

Continue Reading
The oil companies announced the fuel prices at 6 am today.(Representative image/ istock)
Posted in Business

Petrol, diesel prices on March 30: Check rates in your city

Petrol and diesel prices in the country stayed constant for another day on Thursday, extending the trend since May 21, last year, when the previous…

Continue Reading
inflation: India's retail inflation breaches RBI's tolerance limit in January, accelerates to 6.52%
Posted in Economy

inflation: India’s retail inflation breaches RBI’s tolerance limit in January, accelerates to 6.52%

After dipping for two months, India‘s retail inflation surged dramatically in January to 6.52 per cent, according to the data released today by the Ministry…

Continue Reading
Rupee falls 42 paise to 82.50 against US dollar in early trade
Posted in Business

Rupee falls 42 paise to 82.50 against US dollar in early trade

The rupee depreciated 42 paise to 82.50 against the US dollar in early trade on Monday, weighed down by a strong American currency and a…

Continue Reading
US Fed hikes rates: Oil prices rise, dollar slumps
Posted in Business

US Fed hikes rates: Oil prices rise, dollar slumps

Reuters | | Reported by Ritu Maria Johny Oil prices rose in early Asian trade on Thursday after the U.S. Federal Reserve raised interest rates…

Continue Reading