OIL Logs Rs 249 Cr Loss in Q1 on Slump in Oil Prices
Oil India Ltd, the nation’s second-largest state oil and gas producer, logged second quarterly loss in its history in April-June after crude oil prices slumped...
Search Results for: Crude Oil
Oil Trades Close to $43 Despite IEA Doubts on Demand Outlook
Following the International Energy Agency’s cut on forecasts for global oil demand, oil remained steady close to $43 a barrel. Upon the dollar trade being...
OPEC, Allies to Ease Cuts, May Allow More Oil Production
Demand for oil is growing as economies have taken steps to reopen, said Ministers from the OPEC cartel and have agreed to allow more oil...
Oil Prices Fall as US Fuel Demand Remains Weak
Today, oil prices edged lower after US inventory data showed lacklustre fuel demand in the world’s largest oil consumer while worsening US-China tensions weighed on...
Asian Stocks Set for Mixed Start; Crude Climbs
Asian stocks looked set for a mixed start to trading after a U.S. rally faltered on a report a leading experimental coronavirus drug performed...
Oil Prices Volatile, as Opec+ Agrees on Production Cut Deal
Global oil prices have remained volatile, despite the Organization of the Petroleum Exporting Countries plus (Opec+), including Russia, agreeing under the US’ pressure to slash...
Sensex Gains 1% as Crude Prices Slip
Indian equity markets surged 1.2 per cent as crude oil prices softened amid easing US-Iran tensions. At 9.30 am, the benchmark Sensex was 1.2 per...
Rupee Weakens as Crude Jumps After US-Iran Tensions
The Indian rupee weakened against the US dollar as crude oil prices surged after an escalation in US-Iran tensions. The rupee traded at 72.02 a...
Nearly 300 Points as Crude Advances on US-Iran Tension
Indian equities fell nearly 1.3 per cent after crude oil prices hit a near nine-month high due to increased tensions between the US and Iran....
Rupee Hits One Month Low Crude Prices Jump
The Indian rupee weakened to hit a near one month low against the US dollar due to a spoke in crude oil prices amid escalating...