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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Will Fuel Prices Be Cut Soon? What Oil Minister Hardeep Puri Said
Union Minister Hardeep Puri today said that fuel prices will not be cut in the near future as there is high crude volatility. Dismissing media reports as 'speculative', Mr Puri today said that there's no proposal to cut fuel prices.
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Rupee Falls 10 Paise To Close At All-Time Low Of 83.14 Against US Dollar
The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the US dollar today, weighed down by a surge in crude oil prices and strong American currency.
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Rupee Declines 7 Paise To 82.11 Against US Dollar
The rupee depreciated 7 paise to 82.11 against the US dollar in early trade today, weighed down by firm crude oil prices and a negative trend in domestic equities.
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Oil Extends Declines On Easing Geopolitical Tensions, China Demand Worries
Oil extended declines today as concerns over geopolitical tensions eased and as rising numbers of COVID-19 cases in China added to demand worries in the world's largest crude importer.
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Oil Prices Remain Steady As China Covid Worries Outweigh Supply Concerns
Oil prices were little changed today as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude importer.
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Russian Oil Price Cap Sanctions Could Threaten India's Oil Supplies: Report
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.
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Oil Prices Steady As Supply Worries Offset Recession Fears
Oil prices were little changed early today as supply worries offset recession fears and China's commitment to its zero-COVID policy.
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Rupee Takes A Breather As Dollar Pauses, But Oil Surge Weighs
Rupee Today: The rupee was almost flat early on Wednesday as the appeal for the Indian currency on the retreat in the dollar was offset by a surge in crude oil price above $100 per barrel.
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Oil Prices Recover From 6-Month Lows, But Still Below $92.5 Per Barrel
Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession.
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Oil Prices Fall Below $100 As Weak Factory Data Fuels Global Demand Concerns
Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply.
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Rupee Trades In Narrow Range Against Dollar
The rupee witnessed a range-bound trading in early trade on Tuesday as firming crude oil prices and concerns about hawkish US Fed offset the support from the overnight weakness of the American currency.
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Oil Prices Fall On Fuel Demand Concerns From Expected Fed Rate Hike
Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the US, the world's biggest oil user, may limit fuel demand growth.
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Crude Oil Prices Fell Slightly On Global Inflation Concerns
Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens.
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Rupee Gains Sharply And Pulls Back From Near 80 Per Dollar Lows
The rupee pulled back sharply from near its all-time lows of close to 80 per dollar early on Monday, tracking a broader run-up in risk assets, a fall in crude oil prices to below $100 a barrel and as the greenback lurked below multi-year highs.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Will Fuel Prices Be Cut Soon? What Oil Minister Hardeep Puri Said
Union Minister Hardeep Puri today said that fuel prices will not be cut in the near future as there is high crude volatility. Dismissing media reports as 'speculative', Mr Puri today said that there's no proposal to cut fuel prices.
-
Rupee Falls 10 Paise To Close At All-Time Low Of 83.14 Against US Dollar
The rupee depreciated by 10 paise and settled for the day at an all-time low of 83.14 (provisional) against the US dollar today, weighed down by a surge in crude oil prices and strong American currency.
-
Rupee Declines 7 Paise To 82.11 Against US Dollar
The rupee depreciated 7 paise to 82.11 against the US dollar in early trade today, weighed down by firm crude oil prices and a negative trend in domestic equities.
-
Oil Extends Declines On Easing Geopolitical Tensions, China Demand Worries
Oil extended declines today as concerns over geopolitical tensions eased and as rising numbers of COVID-19 cases in China added to demand worries in the world's largest crude importer.
-
Oil Prices Remain Steady As China Covid Worries Outweigh Supply Concerns
Oil prices were little changed today as COVID-19 cases in China continued to climb, sparking worries of lower fuel demand in the world's top crude importer.
-
Russian Oil Price Cap Sanctions Could Threaten India's Oil Supplies: Report
India would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.
-
Oil Prices Steady As Supply Worries Offset Recession Fears
Oil prices were little changed early today as supply worries offset recession fears and China's commitment to its zero-COVID policy.
-
Rupee Takes A Breather As Dollar Pauses, But Oil Surge Weighs
Rupee Today: The rupee was almost flat early on Wednesday as the appeal for the Indian currency on the retreat in the dollar was offset by a surge in crude oil price above $100 per barrel.
-
Oil Prices Recover From 6-Month Lows, But Still Below $92.5 Per Barrel
Oil prices rose on Wednesday, recovering from six-month lows hit the previous day, as a larger-than-expected drop in US oil and gasoline stocks reminded investors that demand remains firm, if overshadowed by the prospect of a global recession.
-
Oil Prices Fall Below $100 As Weak Factory Data Fuels Global Demand Concerns
Oil prices dropped again on Tuesday as investors absorbed a bleak outlook for fuel demand with data pointing to a global manufacturing downturn just as major crude producers meet this week to determine whether to increase supply.
-
Rupee Trades In Narrow Range Against Dollar
The rupee witnessed a range-bound trading in early trade on Tuesday as firming crude oil prices and concerns about hawkish US Fed offset the support from the overnight weakness of the American currency.
-
Oil Prices Fall On Fuel Demand Concerns From Expected Fed Rate Hike
Oil fell on Monday, reversing earlier gains but continuing a recent losing streak, on concerns that an expected increase in interest rates in the US, the world's biggest oil user, may limit fuel demand growth.
-
Crude Oil Prices Fell Slightly On Global Inflation Concerns
Oil prices fell slightly in early Asian trade on Wednesday, pressured by global central bank efforts to tame inflation and ahead of expected builds in U.S. crude inventories as product demand weakens.
-
Rupee Gains Sharply And Pulls Back From Near 80 Per Dollar Lows
The rupee pulled back sharply from near its all-time lows of close to 80 per dollar early on Monday, tracking a broader run-up in risk assets, a fall in crude oil prices to below $100 a barrel and as the greenback lurked below multi-year highs.
