brent crude

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    Brent Crude Surpasses $100 Amid Iran Threats

    March 13, New Delhi – Brent crude edged further above $100 per barrel, and stock prices declined in early Asian trading on Friday, following Iran's vow to target oil resources in West Asia and continue disrupting the Strait of Hormuz.Brent, which had risen above $100 on Thursday, was up 0.20...
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    Rupee Falls to New Low Amid Global Concerns

    Mumbai, March 13 The rupee hit a fresh all-time intra-day low of 92.44 against the US dollar on Friday, down 19 paise from its previous close, as rising global crude oil prices amid the ongoing conflict in West Asia kept international markets on edge.A stronger US dollar, heavy outflows by...
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    Market Reaction: Sensex, Nifty Down as Uncertainty Persists

    Mumbai, March 13 The benchmark indices Sensex and Nifty continued their downward trend in early trading on Friday, falling by nearly 1%, as the ongoing conflict in West Asia and rising oil prices continued to dampen investor sentiment.Heavy selling in global markets, persistent outflows of...
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    Currency Weakness: Rupee Falls Against US Dollar

    Mumbai, March 13 The rupee fell by 12 paise to a record low of 92.37 against the US dollar in early trading on Friday, as global crude oil prices showed no signs of easing amid the ongoing conflict in West Asia.A stronger dollar, heavy selling by foreign institutional investors (FIIs), and...
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    Rupee Falls to Record Low Amid Global Concerns

    Mumbai, March 12 The rupee touched a fresh intra-day low on Thursday and closed the session 24 paise down at its lowest level of 92.25 against the US dollar, due to elevated crude oil prices and massive withdrawal of foreign capital.The Indian currency, caught in the crossfire amidst the...
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    Investor Wealth Erodes Amid Geopolitical Tensions

    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...
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    Sensex Plunges Amid Rising Crude Prices and Geopolitical Concerns

    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...
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    Rupee Falls, Partially Recovers Amid Global Uncertainty

    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...
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    Crude Oil Prices Up as Traders Boost Positions

    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...
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    Rupee Weakens as Oil and Equity Markets Decline

    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...
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    Geopolitical Concerns Weigh on Indian Stock Indices

    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...
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    India's Stock Market Faces Pressure from Oil and Global Trends

    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...
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    Rupee Falls 31 Paise Against US Dollar

    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...
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    International Effort Boosts Oil Supply Amid Global Market Concerns

    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...
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    India's Rupee Closes at 92.01 Amid Market Pressures

    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...
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    Market Plunge: Investor Wealth Drops by ₹5.14 Lakh Crore

    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...
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    Sensex and Nifty Plunge Amid Crude Surge and Geopolitical Concerns

    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...
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    India's Rupee Declines Amid Global Market Trends

    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...
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    India's Stock Market Falls Following Crude Oil Increase

    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...
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    Fuel Prices Stable in India, But OMCs Struggle with Cash Flow

    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...
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