"Oil Prices"
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Bank of America & Citigroup Earnings Shock - Oil Prices Dive: Economic Update LIVE $BAC, $C, $UNH Credit: RumblePublished | |
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Geopolitical Risk Underpins Oil PricesGeopolitical risk has pushed oil prices back up this week, but traders are likely to refocus on fundamentals as the month draws to an end and the next OPEC+ meeting looms.Friday, November 22nd,..OilPrice.com - Published | |
Goldman Sachs Expects Brent Oil to Average $76 Per Barrel in 2025Brent Crude oil prices are set to average $76 per barrel next year, down from an expected average of $80 a barrel in 2024, amid an expected surplus on the market, according to Goldman Sachs. “Our..OilPrice.com - Published | |
Oil slips, poised for two-month high weekly gains amid tensionsOil prices were on course to finish the week with gains once again as geopolitical tensions between Russia and Ukraine underpinned the market. Prices briefly dropped as data showed that business..Invezz - Published | |
Concerns about supply disruptions cause oil prices to rise – CommerzbankRead more on https://www.fxstreet.comFXstreet.com - Published | |
Stock market today: Asian stocks track Wall Street gain with Nvidia report and bitcoin surgeHONG KONG (AP) — Asian stock rose on Friday following Wall Street gain after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. U.S...SeattlePI.com - Published | |
Rupee hits a new low at 84.50 against US dollarThe Indian rupee plummeted to a new all-time low of 84.50 against the US dollar due to a massive sell-off in domestic equities, sustained foreign investment outflows, and surging crude oil prices. The..IndiaTimes - Published | |
Impact of Suspension of Agri Commodities on Food Prices and Agri EcosystemBirla Institute of Management Technology (BIMTECH), Noida, one of the leading B-school in India and the Shailesh J. Mehta School of Management (SJMSOM), IIT Bombay conducted two separate studies..NewsVoir - Published | |
Kolkata’s dear Christmas bakes set to be dearer on soaring flour & edible oil pricesChristmas celebrations in Kolkata are facing a price hike on festive treats. The cost of essential baking ingredients like wheat flour and cooking oil has been steadily increasing in recent weeks. This..IndiaTimes - Published | |
Oil Prices To Spike Only With Escalation Of Middle-East Conflict, Damage To Iran Oilfields: ReportMiddle-East Conflict: Crude prices are weak as fundamental factors do not support higher oil prices and there has not been any major attacks on the oilfields in Iran.Zee News - Published | |
Oil prices rise as fuel demand growsIndiaTimes - Published | |
FPI trades, Q2 results to shape market trendForeign fund trading activities and quarterly earnings from major companies are expected to drive the market. Investors will assess crude oil prices due to West Asian geopolitical tensions and the..IndiaTimes - Published | |
OMCs' Operating Profit To Drop By 30% In FY25 Amid Diesel Spread Softening: Crisil ReportsThe report notes that stable retail fuel prices amid volatile oil prices will help support overall returns for the industry.Zee News - Published | |
Oil prices likely to fall after Israel shows restraint in strikes on IranOil prices are predicted to fall as Israel's strike on Iran over the weekend avoided key oil and nuclear sites, ensuring no disruption to energy supplies. Israeli jets targeted missile factories,..IndiaTimes - Published | Festivals, Agriculture, Elections Set To Boost India's Oil Demand: S&P Global Commodity InsightsLately, there has been a considerable volatility in global crude oil prices, primarily due to the ongoing geopolitical conflicts.Zee News - Published |
Rupee recovers slightly, rises to 84.06 against US dollar in early tradeThe rupee showed a marginal recovery in early trade on Monday, gaining 1 paisa to reach 84.06 against the US dollar. This rise followed positive cues from domestic equity markets and a softer American..Mid-Day - Published | Iran condemns 'illegal and unjustified' US sanctions on oil industry: ministryIran denounces US sanctions on its oil industry as 'illegal and unjustified' following Tehran's missile attack on Israel. The US targets firms and vessels involved in selling Iranian oil, while Iran..IndiaTimes - Published |
FPIs take out Rs 58,711 crore from equities in October on geopolitical crisis, strong Chinese stocksForeign investors have become net sellers in October, withdrawing Rs 58,711 crore in equities due to the Middle East conflict, rising crude oil prices, and strong Chinese market performance. This comes..IndiaTimes - Published | Rupee breaches 84 as oil prices, foreign outflows put strainThe rupee breached the 84 per dollar mark for the first time, reflecting RBI's strategic adjustments amid rising crude prices and geopolitical tensions. Dealers suggest the central bank may be..IndiaTimes - Published |
Rupee Breaches 84 Against US Dollar Amid High Oil Prices and FII Outflows: Economic Concerns DeepenIndia’s financial markets are facing a turbulent period as the rupee plunged past the 84 mark against the US dollar for the first time on October 11, 2024. This decline is driven by a combination of..IndiaVision - Published | Oil Ignores War: Why Markets Are Calm Amid Middle East ChaosIn 2006, the energy market worried about the possibility of oil supply being affected. Even though most people didn't believe it would happen, just the speculation alone caused oil prices to jump by..DNA - Published |
Rupee hits all-time low against dollar, know why Indian currency fell, which one's strongestThis convergence of rising oil prices, stock market volatility, and persistent foreign capital outflows has contributed to the rupee's continued depreciation, pushing it to record lows against the US..DNA - Published | Sept retail inflation may jump due to base effect: RBI governor Shaktikanta DasRetail inflation in September is expected to rise due to a poor base effect and increasing food prices, especially onions, potatoes, and chana dal. RBI Governor Shaktikanta Das highlighted concerns..IndiaTimes - Published |
Biden, Netanyahu spoke for 30 minutes; it was direct, honest, productive: White HouseThe call comes amid tensions between Biden and Netanyahu and was their first since August 21, a seven-week gap during which Israel also launched an offensive against Hezbollah in Lebanon. Biden has..IndiaTimes - Published | FPIs sell Rs 27,000 crore stocks in 3 days amid shift to ChinaForeign investors sold Rs 27,142 crore worth of Indian shares in the first three days of October, influenced by geopolitical tensions, rising oil prices, and the strong performance of Chinese stock..IndiaTimes - Published |
What's next for oil and gas prices as Middle East tensions heat up?Oil prices rise as tensions between Iran and Israel escalate, with concerns about potential disruptions in the Middle East. Gas prices see a slight increase but remain lower than last year. Experts..IndiaTimes - Published | Sensex sees worst week in 2 years, Rs 16 lakh crore rout on Dalal StreetSensex suffered its worst week since June 2022, falling 4.5% due to escalating West Asia tensions and heavy foreign investor sell-offs. The market lost Rs 16.3 lakh crore in capitalization. Rising..IndiaTimes - Published |
Oil prices edge up amid Middle East conflict, Rupee anticipated to be lowOil prices experienced slight increases early Friday in Asian trading, holding significant weekly gains fueled by potential Middle East conflict disruptions. Investors watch closely as concerns over..IndiaTimes - Published | Sensex crashes 1,800 points, Rs 10 lakh crore wiped out in a dayThe sensex plummeted nearly 1,800 points due to escalating West Asia conflict, leading to a significant loss in investor wealth. Fears of expanding Iran-Israel tensions, low GST growth, and foreign..IndiaTimes - Published |
'I think that would be a little ...': Biden 'discussing' possible Israeli strikes on Iran oil facilitiesUS President Joe Biden is discussing potential Israeli strikes on Iranian oil facilities, leading to a five per cent surge in oil prices. He stressed that the US advises rather than directs Israel's..IndiaTimes - Published Also reported by •Zee News | ₹6 Lakh Crore Wiped Out: Key Factors Behind Today’s Market Crash Amid Middle East ConflictToday, the Indian stock market saw significant losses, erasing around ₹6 lakh crore in investor wealth as both the BSE Sensex and NSE Nifty dropped by approximately 1%. This sudden decline follows a..IndiaVision - Published |
World's oil market unbalanced amid Iran-Israel tensions, will it affect India as well?Amid rising oil prices driven by Middle East tensions, global markets show mixed performance with energy stocks gaining 2.4 per cent. Speculation about potential Israeli retaliation against Iran..IndiaTimes - Published | Iran's Missile Attack On Israel Sends Oil Prices Skyrocketing; Tensions In Middle East Sparks Worries On Global Oil SupplyThe ongoing tensions highlight the importance of Iran's oil industry for maintaining stability in energy markets, especially during periods of political unrest or possible supply shortages.Zee News - Published |
Iran-Israel conflict: Oil jumps 4%, markets on edgeOil prices surged approximately 4% as tensions escalated with Iran reportedly preparing a missile attack on Israel. This geopolitical distress also caused a significant dip in the S&P 500, with..IndiaTimes - Published | Petrol-Diesel Prices To Drop By Rs 3? Find Out How It Could Happen!Petrol-Diesel Prices: A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providing state-owned firms a headroom to cut petrol and diesel prices by Rs 2-3 per..Zee News - Published |
Economy on track for 6.5-7% growth in FY25: Finance ministerThe finance ministry of India reports solid macroeconomic stability marked by steady growth in investment, employment, and inflation trends. However, global economic uncertainties and potential stock..IndiaTimes - Published | Cheaper crude gives room for excise duty hike, fuel price cutThe drop in oil prices offers the Indian government an opportunity to raise excise duty, partly absorbing fuel retailers' profits. This could result in moderate reductions in petrol and diesel prices,..IndiaTimes - Published |
The wait for fuel price cut gets longer on volatile oilIndian fuel retailers are holding off on reducing petrol and diesel prices despite cheaper crude oil, citing market volatility. They prefer stable conditions before making any changes. Recently, oil..IndiaTimes - Published | Petrol, Diesel To Become Cheaper? Windfall Tax On Crude Petroleum Slashed To ZeroThe tax is levied in the form of Special Additional Excise Duty (SAED) and is notified fortnightly based on average oil prices in two weeks.Zee News - Published |
Oil India to commence drilling in Andaman offshores as part of exploration effortsOil India Limited plans to initiate drilling activities in Andaman and Nicobar offshore waters as part of its exploration efforts. CMD Ranjit Rath stressed the need for stable oil prices for effective..IndiaTimes - Published | Oil prices lowest since January, create room for price cutIndiaTimes - Published |
Stock Market Closes Flat: Adani Stocks Rebound After Initial Dip, Hindenburg Report Fails To Deter SentimentThe Indian Rupee is expected to face slight weakening pressures due to a strengthening US Dollar and rising global crude oil prices.Zee News - Published | Oil prices set for second week of gains on signs of improving demandCrude oil futures remained relatively unchanged on Friday but are on track for a second-week rise. This comes amid signs of increasing demand and declining oil and fuel inventories in the US, the..IndiaTimes - Published |
FMCG Companies Raise Prices to Maintain Margins Amid Rising CostsThe crude and palm oil prices have decreased, and other commodities like milk, sugar, coffee, copra, and barley have been trending upward reportedly.Zee News - Published | Sensex falls 668 points on global factorsInvestor sentiment was affected by profit taking ahead of the Lok Sabha poll results, rising crude oil prices, and fading chances of a US Federal Reserve rate cut. The Sensex closed down 668 points at..IndiaTimes - Published |
India To Gain As Global Oil Prices Decline Despite Geopolitical TensionsRussia has now emerged as the largest supplier of crude oil to India replacing Iraq and Saudi Arabia which occupied the top slot earlier.Zee News - Published | Iran President Ebrahim Raisi's death: Will it impact gold, oil prices and stock markets?Ebrahim Raisi was killed in a helicopter crash on Sunday as the Middle East remains unsettled by the Israel-Hamas war.DNA - Published |
Oil little changed after death of Iran's president, Saudi king's ill healthOil prices remained stable on Monday due to political uncertainty in key oil-producing nations. This uncertainty arose after the president of Iran passed away in a helicopter crash, and the crown..IndiaTimes - Published |