brent crude

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    Oil Output Increase Paused by Strait of Hormuz Instability

    April 06, New Delhi: Oil prices rose, bond prices declined, and Asian stocks showed mixed performance on Monday as U.S. President Donald Trump warned of targeting Iran's power plants and bridges if the Strait of Hormuz is not reopened by Tuesday.S&P 500 futures fell by 0.2%, while MSCI's...
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    Rising Oil Prices Due to Supply Disruption

    Oil prices started the day higher following the Easter holiday, as the ongoing U.S.-Israeli conflict with Iran continued to disrupt global oil supplies. Brent crude futures rose by 2.2 percent to $111.43 per barrel, while U.S. crude rose by 2.7 percent to $114.57 per barrel by 22:15 GMT.
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    Oil Prices Surge, Markets Decline Amid War Fears

    Mumbai, April 6 The benchmark indices Sensex and Nifty declined in the early trading on Monday as crude oil prices rose amid fears of further escalation in the West Asia conflict.Relentless foreign fund outflows also dampened market sentiment.The 30-share BSE Sensex declined by 270.13 points...
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    Rupee Gains 33 Paise, Reaching 92.85 Against Dollar

    Mumbai, April 6 The rupee gained 33 paise to 92.85 against the US dollar in early trade on Monday, following the RBI's tightened rules to curb speculative positions, capping banks’ net open positions at USD 100 million, even as global developments continued to act as a risk.Forex traders said...
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    Rising Oil Prices and Shipping Disruptions Linked to Iran Tensions

    Washington, April 6 – Global energy markets and supply chains are coming under pressure as tensions over Iran and the Strait of Hormuz escalate, with oil prices rising sharply and fears mounting over disruptions to one of the world’s most critical shipping routes.Oil prices climbed after US...
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    Stock Market Volatility: RBI Policy and Geopolitical Risks

    New Delhi, April 5 The domestic stock market is expected to remain volatile this week as investors track the Reserve Bank's monetary policy decision, key global macroeconomic data, and the impact of the West Asia conflict, analysts said.Movements in crude oil prices and foreign fund flows will...
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    Shipping Passage Authorized as Iran Controls Strait of Hormuz

    Tehran, April 4 – Iran has authorized the passage of ships carrying essential and humanitarian goods through the Strait of Hormuz to its ports, the country's semi-official Tasnim news agency reported on Saturday.The report cited a letter, dated March 1, sent to Iran's Ports and Maritime...
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    Oil Prices and Inflation: Risks for India's Monetary Policy

    Mumbai, April 3 If crude oil prices remain above USD 100 per barrel, headline inflation is likely to exceed 6 per cent, the upper limit of the RBI's tolerance band, and trigger interest rate hikes, a foreign brokerage has said.Economists at HSBC said that consumer price inflation (CPI) will...
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    West Asia Conflict Drives Global Oil Market Volatility

    April 03, New Delhi: Global oil markets are experiencing intense price fluctuations due to the ongoing conflict in the Middle East. Brent crude, the international benchmark, rose by 7.8% to $109.03 per barrel, briefly exceeding the $111 mark.Meanwhile, WTI crude oil futures for near-term...
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    Rupee Strengthens: RBI Interventions Boost Domestic Currency

    Mumbai, April 2 The rupee logged one of its steepest single-day gains in many years and closed 152 paise higher at 93.18 against the US dollar on Thursday after the Reserve Bank stepped in with a slew of measures to restrict banks from onshore forward markets.The domestic unit, however...
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    Crude Oil Futures Trading Reflects Rising Spot Demand

    New Delhi, April 2 Crude oil prices rose by ₹689 to ₹9,228 per barrel in futures trading on Thursday, as the escalating conflict in West Asia is causing severe disruptions in energy supply.On the Multi Commodity Exchange, crude oil for May delivery traded higher by ₹689, or 8.07%, at ₹9,228...
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    Stock Market Gains: IT and Banking Stocks Drive Strong Recovery

    Mumbai, April 2 – Stock markets staged a strong recovery on Thursday, erasing early losses to close higher, with the benchmark Sensex rising by 185 points and the broader Nifty settling above 22,700, driven by strong value buying in IT and banking shares and a sharp rebound in the rupee.After...
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    Rupee Strengthens: RBI Interventions Boost Currency

    Mumbai, April 2 The rupee registered one of its largest single-day gains in many years and closed 156 paise higher at 93.14 (provisional) against the US dollar on Thursday after the Reserve Bank intervened with a series of measures to restrict banks from trading in the onshore forward markets...
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    Stock Market Gains Amid Global Market Weakness

    Mumbai, April 2 The Sensex and Nifty, the benchmark equity indices, rebounded and erased all their losses on Thursday's mid-session trading as investors rushed to buy blue-chip IT stocks at lower levels.Both indices experienced a sharp decline in early trading, with the 30-share BSE Sensex...
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    Geopolitical Risks Weigh on Domestic and Asian Markets

    Mumbai, April 2 The Sensex and Nifty, India's benchmark equity indices, declined by 2% in the early trading session on Thursday, amid rising geopolitical tensions following US President Donald Trump's warning of intensified military actions against Iran, which drove up crude oil prices...
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    Currency Fluctuations: Rupee Recovers Amid Global Pressures

    Mumbai, April 2 The rupee recovered 151 paise from its record low level to trade at 93.19 against the US dollar in early deals on Thursday, supported by the Reserve Bank's move to restrict banks' net open position in the onshore forward delivery market.However, the domestic unit faced pressure...
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    Trump's Speech Fuels Market Uncertainty and Energy Price Surge

    Washington, April 2 – Global markets fell, and oil prices rose after US President Donald Trump signaled that the Iran conflict would continue for weeks, raising concerns about supply disruptions and prolonged economic fallout, according to American media reports.US stock futures declined after...
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    India's Fuel Reserves Secure for Next Two Months

    New Delhi, April 1 – India's crude oil inventory is sufficient, and all necessary arrangements have been made to ensure a stable supply for the next two months, the government said on Wednesday.Sujata Sharma, Joint Secretary (Marketing and Refineries) of the Ministry of Petroleum and Natural...
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    Global Markets Rise as Trump Hints at Middle East Resolution

    Mumbai, April 1 Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65...
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    Global Markets Rally on Trump's Middle East Remarks

    Mumbai, April 1 Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in line with a sharp rally in global markets fueled by hopes of a potential de-escalation in the ongoing West Asia conflict.Starting the new fiscal year on a high note, the 30-share BSE Sensex...
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