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...
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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...
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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...
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March 10, New Delhi — European gas prices plunged by around 15 percent on Tuesday following signals from US President Donald Trump that the US-Iran conflict could end sooner than anticipated.The Dutch Title Transfer Facility (TTF) natural gas contract, considered the European benchmark, fell...
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March 10, New Delhi — G7 energy ministers will discuss how to address soaring energy prices caused by the conflict in the Middle East on a call on Tuesday, while a group of European Union leaders will do so later in the day.Oil prices fell on Tuesday after reaching their highest level in more...
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Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85, aided by a sharp fall in global crude oil prices, fueled by hopes of de-escalation of the ongoing conflict in West Asia.Forex traders said the Indian...
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Mumbai, March 10 Stock market benchmark indices Sensex and Nifty ended nearly 1 per cent higher on Tuesday after two days of a massive decline, following a drop in crude oil prices and a recovery in global peers amid indications that the West Asia crisis could soon end.The 30-share BSE Sensex...
Mumbai, March 10 The stock market benchmark indices, Sensex and Nifty, ended nearly 1 per cent higher on Tuesday, after two days of heavy decline, following a drop in crude oil prices and a recovery in global markets amid hopes that the conflict in West Asia could soon end.The 30-share BSE...
Mumbai, March 10 The rupee staged a strong recovery from its record low against the US dollar on Tuesday, gaining 36 paise to settle at 91.85 (provisional), aided by a sharp fall in global crude oil prices amid hopes of de-escalation of the ongoing conflict in West Asia.Sharp gains in the...
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New Delhi, March 10 Crude oil prices plunged by over 8 per cent to Rs 8,069 per barrel in futures trading on Tuesday, following comments from US President Donald Trump that the conflict with Iran may be nearing its end, easing fears of prolonged supply disruptions.Ending a three-day rally...
Mumbai, March 10 The rupee rebounded from its all-time low in early trading on Tuesday, rising by 7 paise to 92.14 as global oil prices fell after US President Donald Trump said the war with Iran may end soon.A weaker dollar and a strong opening in the domestic equity markets further supported...
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Mumbai, March 10 The benchmark equity indices, Sensex and Nifty, rebounded sharply on Tuesday's early trading after two days of a massive decline, following a drop in crude oil prices and a recovery in global markets, amid hopes that the conflict in West Asia could soon conclude.The 30-share...
March 09, New Delhi — Rising tensions in the Middle East are fueling a worsening energy crisis across global markets, with oil prices surging past $114 per barrel for the first time since 2022.The international benchmark Brent Crude and the main US oil contract, West Texas Intermediate, rose...
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Mumbai, March 9 The rupee crashed to its all-time low of 92.21 against the US dollar on Monday, losing 39 paise during the session, as global crude oil prices saw a sharp increase, and the US dollar strengthened amid escalating conflict in the Middle East.Forex traders said heightened...
New Delhi, March 9 Equity investors have lost approximately ₹22.40 lakh crore since the start of the conflict involving the US, Israel, and Iran, which has rattled stock markets, driving down the BSE Sensex by 4.6 per cent.The US and Israel launched military strikes on Iran on February 28...
New Delhi, March 9 Shares of oil marketing companies and paint manufacturers ended lower on Monday amid a sharp rally in crude oil prices due to the deepening conflict in West Asia, which has entered its second week.Market analysts said that oil marketing companies came under pressure as...
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Mumbai, March 9 – The Sensex and Nifty indices plunged by nearly 2% on Monday, as soaring crude oil prices and weak global trends due to the worsening situation in West Asia triggered a sharp sell-off in the stock market.In addition, the continued exodus of foreign funds and the weakening of...
Mumbai, March 9 The Sensex and Nifty benchmark indices plunged by nearly 2% on Monday as soaring crude oil prices and weak global trends due to the worsening situation in the Middle East triggered a sharp sell-off in the stock market.Besides, the continued exodus of foreign funds and the...