Oil Price Surge
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Biden Declines Public Negotiation Of US Stance On Israel Attacking Iran
Democratic US President Joe Biden said on Thursday he will not negotiate in public when asked if he had urged Israel not to attack Iran's oil facilities.
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Oil Prices Surge After US, UK Launch Strikes Against Houthi Rebels
Oil prices surged four percent on Friday after US and UK forces launched strikes against Iran-backed Huthi rebels following their attacks on ships in the Red Sea, fuelling concerns about a wider conflict in the crude-rich region.
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India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
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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 Falls 5 Paise To 82.23 Against US Dollar
The rupee depreciated 5 paise to close at 82.23 (provisional) against the US dollar, tracking surging crude oil prices and a strong greenback against major rivals overseas.
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Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
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Rupee Falls Sharply To 81.90 A Dollar From 81.52 As Oil Surge Weighs
Rupee Today: The rupee fell sharply to near its record low on Thursday as oil prices surged and renewed worries about the country's external deficit.
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Nifty, Sensex Fall To Start October On A Cautious Note As Oil Prices Surge
Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.
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Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
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Palm Surges Nearly 6% On Higher Soyoil Prices, Strong India Demand
Malaysian palm oil futures rose nearly 6 per cent on Tuesday.
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Crude Dips As OPEC Output Cut Symbolic At Best, A Day After Surging Over 3%
Oil prices slipped early on Tuesday, paring the previous session's 3 per cent gain, as an OPEC deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move.
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Oil Prices Surge To Above $101 Per Dollar; Up $10 Since Last Week's Lows
Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a US refinery.
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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 Back Above $100 Per Barrel, But Drop A Touch On The Day
Oil prices fell on Wednesday, taking a breather from a nearly 4 per cent surge the previous day on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC .
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Rupee Reverses And Weakens To 79.64 On Oil Surge Despite Dollar Crash
The rupee reversed early gains to end on a weak note as oil prices surged over 1 per cent, even as the dollar struggled a day after its biggest fall in five months.
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Biden Declines Public Negotiation Of US Stance On Israel Attacking Iran
Democratic US President Joe Biden said on Thursday he will not negotiate in public when asked if he had urged Israel not to attack Iran's oil facilities.
-
Oil Prices Surge After US, UK Launch Strikes Against Houthi Rebels
Oil prices surged four percent on Friday after US and UK forces launched strikes against Iran-backed Huthi rebels following their attacks on ships in the Red Sea, fuelling concerns about a wider conflict in the crude-rich region.
-
India, Indonesia Risk Biggest Fallout From Geopolitical Shocks
A triumvirate of high oil prices, a surging dollar and geopolitical instability are set to weigh on India and Indonesia among Asia's emerging markets, while energy exporter Malaysia may prove a rare beneficiary.
-
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 Falls 5 Paise To 82.23 Against US Dollar
The rupee depreciated 5 paise to close at 82.23 (provisional) against the US dollar, tracking surging crude oil prices and a strong greenback against major rivals overseas.
-
Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
-
Rupee Falls Sharply To 81.90 A Dollar From 81.52 As Oil Surge Weighs
Rupee Today: The rupee fell sharply to near its record low on Thursday as oil prices surged and renewed worries about the country's external deficit.
-
Nifty, Sensex Fall To Start October On A Cautious Note As Oil Prices Surge
Stock Market India: Equity benchmarks opened in the red on the first trading day of October, tracking a fall in Asian equities after a surge in oil on expectations oil producers would likely cut production, raising higher inflation worries.
-
Crude Prices Fall Below $85 Per Barrel For First Time Since January
Oil prices fell for a second day on Monday on fears of lower fuel demand from an expected global recession sparked by rising worldwide interest rates and as a surging U.S. dollar limits the ability of non-dollar consumers to purchase crude.
-
Palm Surges Nearly 6% On Higher Soyoil Prices, Strong India Demand
Malaysian palm oil futures rose nearly 6 per cent on Tuesday.
-
Crude Dips As OPEC Output Cut Symbolic At Best, A Day After Surging Over 3%
Oil prices slipped early on Tuesday, paring the previous session's 3 per cent gain, as an OPEC deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move.
-
Oil Prices Surge To Above $101 Per Dollar; Up $10 Since Last Week's Lows
Oil prices rose on Thursday on mounting supply tightness concerns amid disruptions to Russian exports, the potential for major producers to cut output, and the partial shutdown of a US refinery.
-
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 Back Above $100 Per Barrel, But Drop A Touch On The Day
Oil prices fell on Wednesday, taking a breather from a nearly 4 per cent surge the previous day on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC .
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Rupee Reverses And Weakens To 79.64 On Oil Surge Despite Dollar Crash
The rupee reversed early gains to end on a weak note as oil prices surged over 1 per cent, even as the dollar struggled a day after its biggest fall in five months.
