oil prices

Panaji, March 27 Goa Chief Minister Pramod Sawant on Friday welcomed the Central government's decision to reduce excise duty on petrol and diesel by Rs 10 per litre each, stating that this timely intervention will ensure fuel stability and provide relief to citizens.In a notification on...

Mumbai, March 27 The rupee plunged by 74 paise to hit a fresh all-time low of 94.70 against the US dollar during intra-day trading on Friday, weighed down by high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in the domestic equity markets and...

New Delhi, March 27 – The government has reduced excise duty on petrol and diesel by ₹10 per litre each, a move aimed at protecting domestic consumers from a surge in global oil prices triggered by the Middle East conflict, at an estimated revenue cost of ₹1.75 lakh crore.Alongside, the...

Mumbai, March 27 The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trading on Friday, hitting a record low of 94.56, due to high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.A sharp decline in domestic equity markets...

Mumbai, March 27 The rupee fell by 33 paise to a fresh all-time low of 94.24 against the US dollar in early trading on Friday, weighed down by high oil prices and a stronger dollar, amid no breakthrough in the West Asia conflict.Heavy selling in domestic equity markets and sustained outflows...

March 26, New Delhi — The United States and Israel have intensified their strikes against Iran, with attacks becoming larger in scale and more frequent, according to reports, amid uncertainty over possible negotiations.Iran has rejected talks, saying it will continue to "resist" US aggression...

New Delhi, March 26 Reliance Industries said on Thursday that it has not purchased crude oil of Iranian origin since the US temporarily removed sanctions to ease pressure on prices that followed the US-Israeli war on Iran.In a statement, Reliance termed reports of it buying Iranian oil as...

New Delhi, March 26 Nayara Energy, India's largest private fuel retailer, on Thursday raised petrol prices by Rs 5 per litre and diesel by Rs 3 a litre, passing on part of the recent surge in global oil prices following the war in the Middle East, sources said.Fuel marketing companies in India...

Washington, March 26 – The United States is intensifying its efforts to secure the Strait of Hormuz and stabilize global oil flows as its military campaign against Iran continues. The White House stated that operations are focused on protecting energy routes critical to the global economy...

New Delhi, March 25 Commerce and Industry Minister Piyush Goyal said on Wednesday that the nation must unite to address the challenges arising from the West Asia crisis.A joint attack launched by the US and Israel on Iran has disrupted the movement of ships and pushed oil prices in global...

Mumbai, March 25 Stock markets rallied for the second consecutive day on Wednesday, with benchmark indices Sensex and Nifty closing nearly 2 per cent higher, as crude oil prices dropped and global markets advanced amid hopes of de-escalation in the war in West Asia.The 30-share BSE Sensex...

New Delhi, March 25 Crude oil prices declined by more than 4 per cent to Rs 8,340 per barrel in futures trading on Wednesday, tracking weak global trends amid reports of possible negotiations between the US and Iran to end the war.On the Multi Commodity Exchange (MCX), crude oil for April...

March 25, New Delhi - Stock prices rose and oil prices fell today, following reports that the U.S. is seeking a month-long ceasefire in its war with Iran and has put forward a proposal.S&P 500 futures rose by 0.9% in the morning session in Asia, while European futures rose by 1.2%, and Brent...

Mumbai, March 25 – The benchmark indices Sensex and Nifty rose by over 2% on Wednesday, driven by a decline in crude oil prices and a rally in Asian markets amid hopes of de-escalation in the West Asia conflict.Building on its previous day's gains, the 30-share BSE Sensex jumped 1,667.14...

Mumbai, March 25 The rupee fell 18 paise to 93.94 against the US dollar in early trading on Wednesday as sustained foreign fund outflows kept investors on edge.However, a drop in global crude oil prices, a weaker dollar, and a strong opening in the domestic equity markets prevented sharper...

New Delhi, March 24 India supports the swift restoration of peace in West Asia and keeping the Strait of Hormuz open for global shipping, Prime Minister Narendra Modi said on Tuesday when US President Donald Trump called him to discuss the crisis.It was the first conversation between the two...

New Delhi, March 24 – Prime Minister Narendra Modi on Tuesday emphasized the government's plans and measures to protect citizens from global oil price shocks, while highlighting the Centre's efforts to maintain the integrity and functionality of global energy supply routes.He informed the...

March 24, New Delhi - Global markets are experiencing significant fluctuations due to evolving developments in the Middle East.Oil prices also rebounded, with Brent crude rising to around $100 per barrel and US crude nearing $89.84, although volatility persists due to ongoing tensions and...

Mumbai, March 24 The Sensex and Nifty benchmark indices rebounded in early trading on Tuesday, in line with a rally in global markets, after US President Donald Trump announced a temporary halt to strikes targeting Iranian energy infrastructure.The 30-share BSE Sensex jumped 1,516 points to...

Washington, March 24: Global markets rallied after President Donald Trump signaled a pause in strikes against Iran, but analysts warned that the underlying energy crisis remains unresolved.Stocks surged, and oil prices fell sharply after Trump said the United States was holding talks with...