Oil Heads for Biggest Weekly Gain Since February After US Fed Cut
Oil was on track for its biggest weekly advance since February after the Federal Reserve’s steep interest-rate cut, while traders continued to monitor steaming tensions...
Tag : Crude Oil Prices
Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISIL
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
Petrol and Diesel Prices may Reduce on Global Crude Rate Cuts: Petroleum Secretary
If global oil prices stay low, petrol and diesel prices may be cut in India. This relief is much needed as current prices encourage inflation...
Oil Declines to 11-Month Low as China COVID Unrest Rattles Markets
On Monday, oil prices dropped sharply to a nearly 11-month low as escalating protests in several major Chinese cities ramped up concerns over growing economic...
Crude Oil Weakens; Demand Concerns Increase as Building Permits Fall
On Tuesday, oil prices weakened, as evidenced by a weakening US housing market. However, movements are limited before the start of the latest US Federal...
Crude Oil Falls 3% on Demand Concerns, Strong Dollar
On Thursday, brent crude oil slipped 3% as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate gain...
Asian Stocks Rise on Upbeat Data, Fed Hawks Lift Dollar
Asian shares rose on Thursday from a strong rally on Wall Street after strong economic data, and upbeat corporate guidance dampened investor interest. Fed officials...
Oil Falls About 2% From Multi-Year Highs
Crude oil prices fell about 2 per cent from their highest level in the year on June 17 as the dollar strengthened after the US...
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...
Rupee Gains By 30 Paise To Touch 75.61 Mark Against Dollar
The rupee strengthened by as much as 30 paise – or 0.40 per cent – to 75.61 against the US dollar on Tuesday amid a...