oil prices

New Delhi, April 3: The depreciation of the Indian rupee since February 27 is, in fact, in line with other currencies, and better than currencies that appreciated significantly in the earlier period (April 2, 2025 to February 27, 2026), according to SBI Research, indicating that in an uncertain...

Islamabad, April 3 Pakistan has announced an unprecedented increase of 43 percent and 55 percent in the prices of petrol and high-speed diesel (HSD), respectively, in response to soaring global oil prices amid the US-Israel war on Iran.The government made the announcement on Thursday. The...

RBI Interest Rate Hike Unlikely Unless Crude Oil Prices Remain Above $100 New Delhi, April 2 – The Reserve Bank of India is unlikely to raise interest rates at its upcoming Monetary Policy Committee meeting next week, according to a report released on Thursday. The report suggests that the RBI’s...

South Korean Stocks Sink Over 3% as Trump’s Iran Warning Triggers Global Market Jitters KOSPI Reverses Early Gains Amid Escalating Geopolitical Tensions Seoul, April 2: South Korean equity markets witnessed a sharp sell-off on Thursday morning, with the benchmark Korea Composite Stock Price...

South Korea Inflation Rises to 2.2% in March Amid Surge in Global Oil Prices Seoul, April 2: South Korea’s consumer price inflation accelerated to 2.2 percent year-on-year in March, exceeding the government’s 2 percent target, as rising global oil prices driven by prolonged Middle East tensions...

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)...

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...

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...

Seoul, April 1: Fuel surcharges for flights operated by South Korean airlines have surged by as much as threefold from the previous month in April due to the spike in global oil prices, industry watchers said on Wednesday.Industry leader Korean Air raised its international one-way fuel...

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...

New Delhi, April 1 – State-owned oil marketing companies (OMCs) made significant changes to the prices of both aviation turbine fuel (ATF) and commercial LPG on Wednesday, with rates surging sharply – including a more than doubling in jet fuel prices – in line with a spike in global oil prices...

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...

ATF Prices Cross ₹2 Lakh Mark for First Time; Commercial LPG Rates Hiked by ₹195.50 Jet Fuel Prices Surge Over 114% Amid Global Oil Spike New Delhi, April 1: Aviation turbine fuel (ATF) prices have more than doubled to a record high on Wednesday, crossing the ₹2 lakh per kilolitre mark for the...

ATF Prices Surge Past ₹2 Lakh Mark for First Time Amid Global Oil Spike Jet Fuel Rates More Than Double in Delhi New Delhi, April 1: Aviation turbine fuel (ATF), commonly known as jet fuel, has surged to a record high, crossing the ₹2 lakh per kilolitre mark for the first time. The sharp...

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...

New Delhi, March 31 – India’s foreign exchange reserves of over $700 billion are large enough to deter speculative activity and allow the Reserve Bank of India to intervene and stabilize the rupee, a report said on Tuesday.The report from SBI Research said that current reserve levels are...

Seoul, March 31 – The South Korean currency plummeted sharply to a 17-year low against the US dollar on Tuesday, as the escalating Middle East conflict fueled fears of further disruptions to global oil supplies and broader economic impacts.The won was quoted at 1,530.1 won per dollar, down...

New Delhi, March 31 – The recent surge in global oil prices is testing Pakistan's fragile macroeconomic stability, and the International Monetary Fund's (IMF) tolerance of Islamabad's decision to shield domestic fuel prices signals a shift in approach, a new report has said.The report from...

South Korean Stocks Slide as Middle East Tensions Trigger Foreign Selling, Oil Prices Surge KOSPI Falls Nearly 2 Percent Amid Global Uncertainty Seoul, March 31: South Korean equities traded lower on Tuesday morning as escalating tensions in the Middle East and rising crude oil prices weighed...

Rupee Hits Historic Low of 95.22 Against US Dollar Currency Decline Driven by Oil Prices and Geopolitical Tensions Mumbai, March 30 – The Indian rupee experienced a significant downturn on Monday, hitting a historic low of 95.22 against the US dollar in intra-day trading. Initial gains following...