crude oil prices

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    Tharoor Urges Government to Acknowledge Rupee Decline's Context

    New Delhi, March 20 As the rupee fell to an all-time low against the US dollar amid mounting geopolitical tensions, senior Congress leader Shashi Tharoor said on Friday that the BJP-led Centre should have the "grace" to withdraw its earlier claim that the Indian currency's decline under the UPA...
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    Currency Crash: Rupee Down 64 Paise Against Dollar

    Mumbai, March 20 The rupee crashed 64 paise to settle at an all-time low of 93.53 against the US dollar on Friday, weighed down by persistent foreign fund outflows and a steep rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the Indian rupee is under tremendous...
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    Premium Petrol Increase in Rajasthan: Limited Impact on Overall Sales

    Jaipur, March 20 Amid volatility in global crude oil markets and rising geopolitical tensions in the Gulf region, Oil Marketing Companies (OMCs) have increased the prices of premium petrol (branded fuel). In Rajasthan, the increase, ranging between Rs 2 and Rs 2.3 per litre, has been announced...
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    Food Delivery Fees Rise: Zomato and Magicpin Respond

    New Delhi, March 20 Food delivery aggregator Zomato has increased the platform fee it charges users by ₹2.40 to ₹14.90 per order, according to its app, on Friday.Zomato's platform fee now stands at ₹14.90 on a pre-GST basis, from ₹12.50 previously.Rival Swiggy has been charging a platform...
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    LPG Supply Efforts Underway Amid Global Tensions

    New Delhi, March 20 – The government said on Friday that there has been no price increase for regular petrol for consumers, and the increase is limited to the premium fuel category, which accounts for only 3-4 per cent of total petrol sales.Addressing the daily briefing, Joint Secretary...
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    India's Rupee Slips: Geopolitical Tensions Drive Decline

    Mumbai, March 20 The rupee fell by 82 paise, or nearly 1%, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent outflows of foreign funds and a sharp rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the...
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    Strategies to Reduce Oil Demand Amid Global Energy Crisis

    New Delhi, March 20 Reducing highway speed limits by at least 10 km/h, switching to electric cooking, avoiding air travel where alternatives are possible, and increasing car sharing – these are among the recommendations made in a new report by the International Energy Agency (IEA) to ease the...
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    Work From Home, Lower Speeds: Steps to Ease Rising Fuel Costs

    New Delhi, March 20 The International Energy Agency (IEA) has advocated a set of immediate demand-side measures, including working from home, lower speed limits, and reduced air travel, to mitigate the impact of a historic global oil supply shock triggered by disruptions in the Middle East.Oil...
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    Rupee Slips to Record Low Against US Dollar

    Mumbai, March 20 The rupee fell by 19 paise to its record intra-day low of 93.08 against the US dollar in early trading on Friday, as the US dollar further strengthened and FII outflows continued unabated amid the ongoing conflict in West Asia.Elevated global crude oil prices put further...
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    Global Commodity Sell-Off Drives Down Silver and Gold

    New Delhi, March 19 Silver prices plunged by Rs 17,800 to Rs 2.38 lakh per kilogram in the national capital on Thursday, while gold dropped by Rs 7,000 to Rs 1.53 lakh per 10 grams following a sharp sell-off in global commodity markets.According to the All India Sarafa Association, the white...
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    India's Equity Market Experiences Sharp Reversal Amid Energy Concerns

    New Delhi, March 19 – Equity investors' wealth eroded by ₹12.87 lakh crore on Thursday as stock markets plunged, with the benchmark Sensex falling by over 3%, driven by a spike in crude oil prices due to increasing attacks on energy infrastructure in West Asia.Investors have lost over ₹37 lakh...
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    Stock Markets Plummet Amid Rising Oil Prices and Geopolitical Concerns

    Mumbai, March 19 Benchmark stock indices Sensex and Nifty plummeted by over 3 per cent to close at almost one-year lows on Thursday as a sharp jump in crude oil prices and weak global trends, amid escalating strikes on energy infrastructure in West Asia, unnerved investors.Breaking its...
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    Oil Prices Increase as Attacks Disrupt Energy Supply

    New Delhi, March 19 Crude oil prices rose by Rs 74 to Rs 9,067 per barrel in futures trading on Thursday amid geopolitical tensions in the Middle East and concerns over supply disruptions.Brent crude futures crossed $116 per barrel in overseas trading as fresh attacks on key energy...
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    Oil Marketing Stocks Decline Amid Rising Crude Prices

    New Delhi, March 19 Shares of oil marketing companies plummeted on Thursday as escalating tensions in the Middle East drove crude oil prices sharply higher.According to market analysts, oil marketing companies faced pressure as higher crude prices threatened to squeeze their refining and...
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    India's Sensex and Nifty Fall Following Market Volatility

    Mumbai, March 19 The benchmark indices in the Indian stock market, Sensex and Nifty, fell in early trading on Thursday after a three-day rally, following a sharp increase in crude oil prices and weak global trends.Furthermore, continued outflows of foreign funds also dampened market sentiment...
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    Investors See ₹9.18 Trillion Wealth Surge in Market Rally

    New Delhi, March 18 The wealth of equity investors surged by ₹9.18 lakh crore over three days of market recovery, driven by value buying and the rebound in global benchmark indices.Over the past three trading days, the 30-share BSE Sensex has risen by 2,140.21 points, or 2.87 percent. On...
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    Indian Markets Extend Winning Streak to Third Day

    Mumbai, March 18 The benchmark indices Sensex and Nifty in the Indian stock market ended nearly 1 per cent higher on Wednesday, extending their winning streak to the third day in a row, amid a slight drop in crude oil prices and a firm trend in global markets.A rally in IT stocks also...
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    Currency Slump: Rupee Declines Amid Market Volatility

    Mumbai, March 18 The rupee declined by 18 paise to hit a record low of 92.58 against the US dollar on Wednesday, amid a strengthening dollar overseas and continued outflows of foreign capital.Elevated crude oil prices in global markets, coupled with the intensifying conflict in West Asia...
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    Crude Oil Futures Trade Reflects Supply Outlook

    New Delhi, March 18 Crude oil prices declined by Rs 137 to Rs 8,734 per barrel in futures trading on Wednesday as signs of easing supply concerns emerged in the market amid geopolitical tensions.On the Multi Commodity Exchange (MCX), crude oil for the March delivery declined by Rs 137, or 1.54...
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    India's Sensex and Nifty Rise in Early Trade

    Mumbai, March 18 The benchmark indices in the Indian stock market, Sensex and Nifty, rose in early trading on Wednesday, building on the gains from the previous two trading sessions, amid falling crude oil prices and a positive trend in global markets.A sharp rise in IT stocks also contributed...
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