oil prices

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    Crude Oil Futures Trading Reflects Rising Spot Demand

    New Delhi, April 2 Crude oil prices rose by ₹689 to ₹9,228 per barrel in futures trading on Thursday, as the escalating conflict in West Asia is causing severe disruptions in energy supply.On the Multi Commodity Exchange, crude oil for May delivery traded higher by ₹689, or 8.07%, at ₹9,228...
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    Government's Handling of West Asia Crisis Described as 'Remarkable'

    New Delhi, April 2 JD(U) MP Sanjay Kumar Jha commented on the ongoing situation in West Asia on Thursday, stating that the crisis was not caused by India or its government, but the Centre's management of the situation has been "remarkable."Speaking to reporters, Jha said that the crisis has...
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    Trump's Speech Fuels Market Uncertainty and Energy Price Surge

    Washington, April 2 – Global markets fell, and oil prices rose after US President Donald Trump signaled that the Iran conflict would continue for weeks, raising concerns about supply disruptions and prolonged economic fallout, according to American media reports.US stock futures declined after...
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    Jet Fuel Increase Provides Relief for Indian Airlines

    New Delhi, April 1 Aviation stocks were in the spotlight on Wednesday, with InterGlobe Aviation rising by 6%, after only a partial increase in jet fuel prices.InterGlobe Aviation, the parent company of IndiGo, started the trading day on a positive note, further rising by 9.84% to Rs 4,332 on...
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    India’s ATF Price Increase: Airlines Seek Relief Amid Global Oil Surge

    In New Delhi, on April 1, aviation turbine fuel (ATF) prices for domestic airlines were raised by 8.5 percent, instead of the expected doubling due to a surge in global oil prices driven by the war, even as prices for commercial LPG and premium petrol also increased.ATF, or jet fuel, for...
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    Crude Oil Futures Fall Amid Trump's Iran Comments

    New Delhi, April 1 Crude oil prices fell by more than 3 percent to Rs 9,265 per barrel in futures trading on Wednesday as investors booked profits after US President Donald Trump said the military could end its offensive against Iran in two to three weeks.On the Multi Commodity Exchange (MCX)...
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    US Tariffs and Geopolitical Risks Shape India's Rating Profile

    Mumbai, April 1 US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday.Crisil Ratings, which...
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    ATF Prices Double: Airlines Get Partial Relief Amid Global Surge

    New Delhi, April 1 – ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil...
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    Delhi Prices Hike: LPG, Fuel, and More See Increases

    New Delhi, April 1 The Congress launched a scathing attack on the government on Wednesday over the rising prices of certain essential commodities, alleging that the Modi government has "completely destroyed" the country's strategic and economic policies.Congress president Mallikarjun Kharge...
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    Oil Market Rally as Brent Climbs Above $105

    April 1, New Delhi: Oil prices edged up in early Wednesday trading, with Brent front-month futures extending a record rally from March, as volatility in the Middle East kept markets on edge, despite reports that the U.S. and Iran may be nearing a negotiated end to the conflict.Brent crude...
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    ATF Prices Surge to Record High, Domestic Airlines Get Partial Relief

    New Delhi, April 1 The price of Aviation Turbine Fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, mirroring the surge in global oil prices last month, but for domestic airlines, the increase would only be 8.5 per cent.Domestic airlines will pay...
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    Fuel Price Hike Impacts India's Aviation and Hospitality Sectors

    New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but domestic airlines will not have to pay this steep increase as a mechanism is being put in place to protect them.Meanwhile, the price of...
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    Rising Fuel Costs Impact Airlines and Businesses

    New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, while commercial LPG rates were raised by Rs 195.50 per cylinder, mirroring the surge in global oil prices linked to the escalating conflict in West...
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    ATF Prices Surge Amid Global Oil Rise

    New Delhi, April 1 The price of aviation turbine fuel (ATF), or jet fuel, more than doubled to a record high of Rs 2.07 lakh per kilolitre on Wednesday, driven by the surge in global oil prices linked to the escalating conflict in West Asia.This is the first time ATF prices have exceeded the...
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    Delhi LPG Prices Adjusted for Global Oil Market

    New Delhi, April 1 The price of commercial LPG was increased by ₹195.50 on Wednesday, due to the surge in global oil prices linked to the escalating conflict in West Asia.A 19-kg cylinder of commercial LPG now costs ₹2,078.50 in Delhi, according to state-owned oil companies.Rates were last...
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    Shifting US Strategy: Trump’s Comments on Hormuz Strait

    New York, March 31 As the Israel-United States campaign against Iran veered off course from its claimed aims and began hitting global economies, President Donald Trump told his allies on Tuesday, "The hard part is done. Go get your own oil," hinting he may be ready to wind down the war without a...
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    Iran Conflict Impacts Fuel Prices, Administration Steps In

    Washington, March 31 – The Trump administration acknowledged on Monday rising fuel costs linked to the ongoing conflict with Iran, but described them as “short-term fluctuations,” even as it defended its military campaign and broader strategy to stabilize global energy markets.Press Secretary...
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    Rupee Falls Below 95-Level Against Dollar

    Mumbai, March 30 The rupee trimmed its initial gains and hit a historic low of 95.22 in intra-day trading on Monday, as rising oil prices, ongoing geopolitical tensions, and a strong dollar continued to put pressure on the currency.The rupee, which opened on a strong note after the Reserve...
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    G7 Ministers Discuss Economic Impact of West Asia Conflict

    March 30, New Delhi – Ministers from the G7 will hold talks on Monday to examine the economic consequences of the war in West Asia.The supply squeeze has driven up the prices of oil and natural gas, leading to significant ripple effects across supply chains in multiple industries.French...
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    Stock Markets Decline Amid Middle East Tensions

    Mumbai, March 30 – The benchmark indices Sensex and Nifty experienced a sharp decline in early trading on Monday as the ongoing conflict in West Asia continued to rattle markets globally, driving up crude oil prices.Further, the continued outflow of foreign funds also contributed to the...
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