brent crude

Oil prices have exceeded $100 per barrel for the first time in over three and a half years, due to the ongoing conflict in Iran, which is disrupting production and shipping in the Middle East. The price of a barrel of Brent crude, the international standard, was trading at $101.19 yesterday, up...

New Delhi, March 8 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices would be the major driving factors for stock markets this week, analysts said.In addition, global market trends and trading activity of foreign investors would also influence...

New Delhi, March 7 The price of domestic cooking gas, LPG, was hiked by a steep Rs 60 per cylinder on Saturday, the second increase in price in less than a year, as oil companies pass on a part of the spike in global energy rates that followed the West Asia crisis.Non-subsidized LPG – the one...

Mumbai, March 6 The rupee depreciated by 18 paise against the US dollar on Friday, closing at 91.82 against the American currency, as rising crude oil prices and a shift towards risk aversion weighed on the currency.Forex experts said the rupee is under pressure due to the escalating Middle...

New Delhi, March 6 Shares of oil marketing companies ended lower on Friday after a day of respite amid rising crude oil prices due to the escalating conflict in the Middle East.The stock of Hindustan Petroleum Corporation Ltd fell by 3.10 per cent, Bharat Petroleum Corporation Ltd declined by...

Mumbai, March 6 Stock market benchmark indices Sensex and Nifty plunged by over 1 per cent on Friday after a day of relative calm, as the conflict in the Middle East entered its seventh day, driving up crude oil prices.The 30-share BSE Sensex fell by 1,097 points, or 1.37 per cent, to close at...

New Delhi, March 6 – Union Commerce Minister Piyush Goyal said on Friday that talks were underway with the Shipping Ministry and shipping companies to facilitate the release of cargo stranded due to the conflict in the Middle East.The government will explore ways to ease the burden on...

Mumbai, March 6 The benchmark indices Sensex and Nifty in the Indian stock market fell by over 1% on Friday after a day of relative calm, as the conflict in the Middle East entered its seventh day, driving up crude oil prices.Weakness in US equities, a subdued trend in European markets, and...

Mumbai, March 6 The rupee remained within a range throughout the session on Friday and closed 6 paise lower at 91.70 (provisional) against the US dollar, resisting pressure from inflated crude oil prices and suspected RBI intervention.According to forex experts, heavy selling in domestic...

New Delhi, March 6 India could face pressure on the rupee, higher inflation, and a widening current account deficit if the escalating Middle East conflict drives up energy prices and disrupts supplies, given its heavy dependence on crude and LNG imports from the region, according to Moody's...

New Delhi, March 6 Crude oil prices saw a slight decrease of Rs 28, to Rs 7,189 per barrel, in futures trading on Friday, amidst global uncertainties.On the Multi Commodity Exchange, crude oil futures for April delivery slipped by Rs 28, or 0.39 per cent, to Rs 7,189 per barrel, with a trading...

Mumbai, March 6 The benchmark indices Sensex and Nifty in the Indian stock market plunged in early trading on Friday, following a day of relative calm amidst persistent geopolitical conflict in the Middle East and continued outflows of foreign funds.Weakness in US equities and a subdued trend...

Mumbai, March 6 The rupee remained stable and gained 2 paise to 91.62 against the US dollar on Friday after the US announced a 30-day waiver for Indian refiners to purchase Russian oil, easing pressure on global energy flows amidst the ongoing conflict in West Asia.Forex traders said that the...

Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 41 paise at 91.64 against the US dollar on Thursday, driven by buying trends in domestic equity markets and suspected intervention by the RBI.According to forex analysts, the Reserve Bank appears to have...

New Delhi, March 5 Shares of oil marketing companies rebounded on Thursday after a two-day slide, driven by bargain hunting at lower levels and a recovery in the broader market.The stock of Hindustan Petroleum Corporation Ltd rose by 4.19 per cent, Bharat Petroleum Corporation Ltd climbed by...

Mumbai, March 5 Benchmark stock indices Sensex and Nifty rebounded on Thursday, closing higher by more than 1 per cent in line with a rebound in global equities after recent sharp losses due to the conflict in West Asia.After a four-day decline, the 30-share BSE Sensex rebounded by 899.71...

Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 45 paise at 91.60 (provisional) against the US dollar on Thursday, driven by buying trends in domestic equity markets and reports of Reserve Bank intervention.According to forex analysts, the Reserve Bank seems...

Mumbai, March 5 The benchmark stock indices, Sensex and Nifty, rebounded on Thursday, closing higher by more than 1 percent, in line with a recovery in global equities after recent sharp losses due to the conflict in West Asia.The 30-share BSE Sensex, snapping its four-day decline, rebounded...

New Delhi, March 5 Crude oil prices rose by Rs 185 to Rs 7,055 per barrel in futures trading on Thursday, as participants increased their positions in response to strong spot demand.On the Multi Commodity Exchange, crude oil for April delivery traded higher by Rs 185, or 2.69 per cent, at Rs...

Mumbai, March 5 The benchmark indices in the Indian stock market, Sensex and Nifty, rebounded in early trading on Thursday, tracking a recovery in global equities, after experiencing heavy losses in the past few trading sessions due to the conflict in West Asia.The 30-share BSE Sensex jumped...