crude oil prices

New Delhi, March 11 – The Congress expressed concern over the evolving global energy situation on Wednesday, describing it as tense and urging the government to address the issue more transparently.Party leaders said that developments in the international energy market and the domestic...

New Delhi, March 11 S&P Global Ratings said on Wednesday that the profit margins of oil marketing companies like IOC, BPCL, and HPCL could suffer as they are likely to maintain retail prices of petrol and diesel unchanged to curb inflationary pressures.Oil prices have risen since the start of...

Mumbai, March 11 Foreign portfolio investors' (FPI) investments in Fully Accessible Route (FAR) government securities have declined by about Rs 4,634 crore since the start of the Middle East conflict, reflecting growing caution among overseas investors amid rising crude oil prices, a weakening...

Washington, March 11 – Approximately 140 US service members have been wounded during the first 10 days of sustained attacks linked to the American military campaign against Iran, the Pentagon said, as Senate Democrats demanded public hearings on President Donald Trump’s war in the Middle East...

Patna, March 10 – A rumour about a potential domestic gas shortage caused panic in the Sugauli block of East Champaran district in Bihar on Tuesday, after claims spread that LPG supplies might be disrupted due to the ongoing tensions between Iran and Israel.As the rumour spread rapidly...

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...

Mumbai, March 10 An escalating conflict in West Asia could pose downside risks to India's economic growth outlook if the conflict persists, according to a report by ICRA.The rating agency said it expects India's real GDP growth to be around 7.1 per cent in FY2027, slightly lower than the 7.6...

Jaipur, March 10 – Rajasthan Food and Civil Supplies Minister Sumit Godara stated on Tuesday that the global energy market has been affected due to international supply disruptions and the war-like conditions prevailing in the Gulf region.He said that crude oil prices in the international...

New Delhi, March 10 Silver prices surged by Rs 10,975 to Rs 2.79 lakh per kilogram in the national capital on Tuesday, while gold rose by Rs 400, tracking strong global trends as a weak US dollar boosted demand for the safe-haven asset.Ending its three-day losing streak, the white metal soared...

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/New Delhi, March 10 The Directorate General of Shipping, the regulatory body for the shipping sector, has advised shipping companies, vessel operators, and agents to refrain from "predatory, non-transparent, and opportunistic pricing practices" in the wake of disruptions caused by the...

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...

March 10, New Delhi – Donald Trump stated on Monday that the United States would intensify its actions against Iran and would continue to do so, while assuring that military operations would end "very soon," a remark that helped stabilize turbulent markets amid the escalating West Asia conflict...

Retail fuel prices in Sri Lanka have increased following a revision by the state-owned Ceylon Petroleum Corporation, which came into effect today.The new pricing structure has resulted in an increase of approximately 7-8% or at least 24 Rupees per liter across the board. The revision applies...

Colombo, March 10 Sri Lanka has increased retail fuel prices by over 8 per cent, effective from midnight on Monday, in an effort to curb hoarding and panic buying amid rising global crude oil prices, officials said on Tuesday.This price revision comes as global crude oil prices have crossed...

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...

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 – The government has increased the minimum waiting period for booking a domestic LPG cylinder refill from 21 days to 25 days to prevent hoarding, as there were signs of panic buying taking place in the market amid the uncertainties due to the Iran war.Officials said that...

New Delhi, March 9 Petrol and diesel prices will not be increased for now, despite international crude oil rates crossing USD 100 per barrel, top government sources said on Monday.Officials said the government is closely monitoring global oil markets, but there is no immediate plan to raise...