crude oil

Mumbai, March 25 The rupee plunged by 20 paise to close at a fresh record low of 93.96 against the US dollar on Wednesday as heavy outflows from foreign investors and rising tensions in the Middle East kept investors on edge.Even a decline in global crude oil prices, a weaker US dollar, and...

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...

Crude Oil Prices Decline Over 4% on Geopolitical Developments Crude Oil Futures Drop in Futures Trading New Delhi, March 25 – Crude oil prices experienced a significant decline on Wednesday, falling by more than 4 per cent to Rs 8,340 per barrel in futures trading on the Multi Commodity Exchange...

New Delhi, March 25 – Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL), and Hindustan Petroleum Corporation Ltd (HPCL) jointly asserted on Wednesday that there are no shortages of petrol, diesel, or LPG within the country. The companies urged citizens to disregard rumors...

India Prioritizes Citizen Safety and Energy Security Amid West Asia Crisis New Delhi, March 25 – As the situation in the West Asia continues to evolve, the Indian government is implementing a multi-faceted strategy focused on safeguarding its citizens, ensuring critical supplies, and bolstering...

Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...

Rupee Falls 35 Paise to 93.88 Against US Dollar Amid Strong Greenback and Crude Price Concerns Mumbai, March 24: The Indian rupee weakened by 35 paise to close at 93.88 (provisional) against the US dollar on Tuesday, pressured by a strengthening dollar and elevated global crude oil prices that...

Crude Oil Prices Rebound on MCX Amid West Asia Tensions, Global Markets Stay Volatile Crude Oil Gains ₹204 in Futures Trade Crude oil prices rebounded in futures trading on Tuesday, rising by ₹204 to ₹8,549 per barrel, as geopolitical uncertainty in West Asia continued to influence market...

Indian Stock Market Opens Strong as Sensex Surges Over 1,500 Points Amid Easing Middle East Tensions Benchmark Indices Rally in Early Trade Mumbai, March 24: Indian equity markets opened sharply higher on Tuesday, driven by optimism around easing geopolitical tensions in the Middle East. The...

Crude Oil Prices Plunge 9% on US Pause of Strikes on Iran New Delhi, March 23, 2026 – Crude oil prices reversed early gains on Monday, hitting the lower circuit after falling 9% to Rs 8,431 per barrel in futures trading, following US President Donald Trump’s announcement of a temporary halt to...

India’s Strategic Oil Reserves at Two-Thirds Capacity Amid Middle East Supply Risks New Delhi, March 23 – India’s strategic petroleum reserves (SPR), designed to provide cover for about 9.5 days of crude oil supplies during disruptions or price shocks, are currently at only two-thirds capacity...

Crude Oil Prices Surge to ₹9,617 Per Barrel Amid Geopolitical Tensions Crude Oil Futures Rise Sharply New Delhi – Crude oil prices experienced a significant increase on Monday, rising by ₹359 to ₹9,617 per barrel in futures trade. This marks the fourth consecutive trading session of gains...

Brent Crude Prices Surge Amid Middle East Tensions Brent crude prices have risen significantly since the onset of conflict in the Middle East, increasing from approximately $70 per barrel to roughly $112 per barrel on Monday.Crude Oil Futures Rise on MCX On the Multi Commodity Exchange (MCX)...

Gold and Silver Prices Plummet Amid US-Iran Tensions Gold and silver prices in India experienced a sharp decline on Monday, mirroring weakness in global bullion markets. Concerns over inflation and potential interest rate hikes, fueled by escalating US-Iran tensions, contributed to the downturn...

IEA Chief Warns of Global Economic Threat Amid Middle East Energy Turmoil Escalating Tensions Trigger Largest Oil Supply Disruption New Delhi, March 23 – The International Energy Agency (IEA) chief, Fatih Birol, has issued a stark warning that the global economy faces a significant threat due to...

New Delhi, March 22 — As tensions escalate in the Middle East and global crude oil prices trend upward, the All India Distillers’ Association (AIDA) has proposed increasing ethanol blending in petrol beyond the current 20% level. The industry body says this step could significantly reduce...

New Delhi, March 20 The price of premium or higher-grade petrol increased by Rs 2 per litre on Friday, while the rate of bulk diesel sold to industrial users was hiked by about Rs 22 per litre, reflecting the spike in global oil prices amid the conflict in the Middle East.However, the price of...

MCX Crude Declines After Three-Day Rally New Delhi, March 20: Crude oil prices declined sharply in futures trading on Friday, with rates falling by Rs 190 to Rs 8,808 per barrel as traders assessed the possibility of additional Iranian supply entering the global market.On the Multi Commodity...

Rupee Hits Fresh Intra-Day Low of 93.49 Against US Dollar Amid FII Outflows and West Asia Tensions Local Currency Breaches 93-Mark for the First Time Mumbai, March 20 The Indian rupee fell sharply by 60 paise on Friday to touch a fresh intra-day low of 93.49 against the US dollar, pressured by...

Oil Prices Fall Over 3% as US Signals Possible Easing of Iranian Crude Sanctions Mumbai, March 20: Global crude oil prices declined sharply on Friday after the United States indicated a potential easing of sanctions on Iranian oil, raising expectations of increased supply in the global market...