brent crude

New Delhi, March 12 Investors' wealth has eroded by ₹23.44 lakh crore since the beginning of the conflict involving the US, Israel, and Iran, which has sent shockwaves through equity markets, dragging the BSE Sensex down by over 6%.The US and Israel launched military strikes on Iran on...

Mumbai, March 12 – Benchmark equity indices ended with sharp declines on Thursday, with the Sensex falling by over 800 points amid a surge in crude oil prices due to the escalating crisis in West Asia.Besides, sluggish global market trends, weakness in the rupee, and persistent foreign capital...

Mumbai, March 12 The rupee recovered from record low levels and closed with a loss of 16 paise at 92.17 (provisional) against the US dollar on Thursday, as global crude oil prices remained on an upward trend amid the ongoing conflict in the Middle East.A stronger US dollar and volatility in...

New Delhi, March 12 Crude oil prices rose by Rs 371 to Rs 8,406 per barrel in futures trading on Thursday, as traders increased their positions in response to strong spot demand.On the Multi Commodity Exchange, crude oil for April delivery rose by Rs 371, or 4.62%, to Rs 8,406 per barrel in...

Mumbai, March 12 The rupee plunged by 35 paise to hit an all-time intra-day low of 92.36 against the US dollar on Thursday as global crude oil prices continued to rise overnight and showed no signs of easing amid the ongoing conflict in West Asia.A stronger US dollar and weak sentiment in the...

Mumbai, March 12 Benchmark indices Sensex and Nifty traded lower during the afternoon session on Thursday amid soaring crude oil prices due to the worsening crisis in West Asia.Besides, weak global market trends and continued foreign fund outflows also dampened investor sentiment, analysts...

Mumbai, March 12 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Thursday, as a significant increase in crude oil prices, driven by the ongoing crisis in the Middle East, weighed heavily on investor sentiment.Furthermore, weak global market trends and...

Mumbai, March 12 The rupee depreciated by 31 paise to 92.32 against the US dollar in the early trade on Thursday, due to outflows by foreign investors, rising global crude oil prices, and a stronger US dollar, amid the ongoing conflict in the Middle East.The weak start to the trading session...

Washington, March 12 – The United States will release 172 million barrels of oil from its Strategic Petroleum Reserve over the next four months, as part of a coordinated international effort by major economies to stabilize energy markets amid rising global prices driven by conflict in the Middle...

Mumbai, March 11 The rupee declined by 16 paise to close at 92.01 against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar as the war in West Asia continued.Forex traders said that outflows from foreign institutional investors and...

New Delhi, March 11 Investors' wealth eroded by ₹5.14 lakh crore on Wednesday as stock markets fell after a day's respite due to a surge in global crude oil prices amid growing tensions in West Asia.The 30-share BSE Sensex tumbled 1,342.27 points or 1.72 per cent to close at 76,863.71. During...

Mumbai, March 11 The Sensex and Nifty benchmark indices ended nearly 2% lower on Wednesday after a day of recovery, as a surge in global crude oil prices amid rising tensions in West Asia spooked investors.Furthermore, sustained outflows of foreign funds and selling in blue-chip bank stocks...

Mumbai, March 11 The rupee declined by 16 paise to settle at 92.01 (provisional) against the US dollar on Wednesday, weighed down by a sharp rise in global crude oil prices and a stronger US dollar amid the ongoing war in West Asia.Forex traders attributed the decline to further outflows from...

Mumbai, March 11 The benchmark indices of the Indian stock market, Sensex and Nifty, ended nearly 2% lower on Wednesday after a day of recovery following a surge in crude oil prices amid rising tensions in the Middle East.In addition, sustained outflows of foreign funds and selling in shares...

New Delhi, March 11 State-owned fuel retailers Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) absorbing the impact of elevated global energy prices will lead to heightened margin and cash-flow volatility, Moody's Ratings said...

New Delhi, March 11 Indian oil marketing companies (OMCs) and GAIL (India) Limited could face cash flow pressures if disruptions linked to tensions involving Iran persist, particularly if the Strait of Hormuz remains closed or oil prices stay elevated for an extended period, according to Fitch...

March 11, New Delhi – Countries and agencies worldwide are implementing emergency measures to address soaring oil prices, including capping fuel costs, releasing strategic reserves, and reducing consumption.The major move comes from the International Energy Agency (IEA), which has proposed the...

Mumbai, March 11 Benchmark indices Sensex and Nifty declined in early trading on Wednesday after a day of relative calm amid ongoing tensions in the Middle East and continued outflows of foreign funds.Weakness in blue-chip bank stocks also contributed to the decline in the markets.The...

Mumbai, March 11 The rupee declined by 4 paise to 91.89 against the US dollar in early trading on Wednesday, weighed down by outflows from foreign investors and the ongoing conflict in the Middle East.However, a weaker US dollar and falling global crude oil prices prevented a sharper decline...

Washington, March 10 – Oil prices remained near $90 a barrel on Tuesday as the conflict involving Iran sent shockwaves through global energy markets, raising fears of prolonged supply disruptions through the critical Strait of Hormuz and prompting US lawmakers to propose emergency measures to...