Sustainable Oil Prices

Forex traders said the support from firm domestic equities and weak American currency was negated by the gains in crude oil prices and sustained foreign fund outflows.

Forex traders said the rupee is trading in a narrow range as the support from firm domestic equities and weak American currency is negated by the gains in crude oil prices and sustained foreign fund outflows.

India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable

The Indian rupee hit a record low against the U.S. dollar on Thursday as the relentless surge in global crude oil prices raised concerns of a sustained rise in imported inflation, while weakness in domestic shares also hurt.

India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable

The Ukraine war has increased the prospect of sustained high commodity prices and intensified the pandemic-led disruptions, said Moody's Analytics.

PM Modi called for a big push for ethanol blending in a webinar on 'Energy for Sustainable Growth' on higher crude oil prices.

The rupee fell by 29 paise to close at an over six-month low against the US dollar on Monday, news agency Press Trust of India (PTI) reported. The fall came on the back of growing worries over economic slump and sustained foreign fund outflows. The rising crude oil prices and strengthening of the greeback vis-a-vis other currencies overseas also to...

On weekly basis, the domesticcurrency gained 70 paise helped by a host of domestic and global factors like stable political outlook with NDA (National Democratic Alliance) government's return, sustained fund inflows, lower crude oil prices and strengthening Asian currencies.

For the oil-import dependent country, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned. Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move t...

The rupee weakened marginally by 2 paise to close at 68.88 against the dollar on Wednesday, reported news agency Press Trust of India (PTI). Increased demand for the US currency from importers weighed on the rupee, traders were quoted as saying in the PTI report. However, sustained foreign fund inflows and easing crude oil prices cushioned the fall...

The rupee on Monday plunged by 43 paise to close at a nearly one-month low of 70.92 against the US dollar, reported news agency Press Trust of India (PTI). The fall came amid weak industrial output growth data, a fall in domestic equity markets and sustained foreign fund outflows. Weakness in the dollar against major peers overseas and a fall in cr...

The rupee declined by 27 paise and fell to 69.70 per dollar mark in early trade on Wednesday amid strengthening of the American currency and lower opening in domestic equities, reported news agency Press Trust of India (PTI). Sustained foreign fund outflows also weighed on the local unit, traders were quoted as saying in the PTI report. However, lo...

Rupee Vs Dollar: Rupee continues its rising spree on persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of American currency.

The rupee rose by 46 paise to 70.44 against the US dollar in early trade today amid softening crude oil prices, reported news agency Press Trust of India (PTI). Weakness in the American currency, the domestic equity markets trading in the green and sustained foreign fund flows lent support to the rupee, forex traders were quoted as saying in the PT...

Forex traders said the support from firm domestic equities and weak American currency was negated by the gains in crude oil prices and sustained foreign fund outflows.

Forex traders said the rupee is trading in a narrow range as the support from firm domestic equities and weak American currency is negated by the gains in crude oil prices and sustained foreign fund outflows.

India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable

The Indian rupee hit a record low against the U.S. dollar on Thursday as the relentless surge in global crude oil prices raised concerns of a sustained rise in imported inflation, while weakness in domestic shares also hurt.

India's Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable

The Ukraine war has increased the prospect of sustained high commodity prices and intensified the pandemic-led disruptions, said Moody's Analytics.

PM Modi called for a big push for ethanol blending in a webinar on 'Energy for Sustainable Growth' on higher crude oil prices.

The rupee fell by 29 paise to close at an over six-month low against the US dollar on Monday, news agency Press Trust of India (PTI) reported. The fall came on the back of growing worries over economic slump and sustained foreign fund outflows. The rising crude oil prices and strengthening of the greeback vis-a-vis other currencies overseas also to...

On weekly basis, the domesticcurrency gained 70 paise helped by a host of domestic and global factors like stable political outlook with NDA (National Democratic Alliance) government's return, sustained fund inflows, lower crude oil prices and strengthening Asian currencies.

For the oil-import dependent country, higher global prices could lead to a weaker rupee, higher inflation, the ruling out of interest rate cuts and could further weigh on twin current account and budget deficits, economists warned. Policymakers are worried that a sustained increase in the oil price in the range of $70-75/barrel or higher can move t...

The rupee weakened marginally by 2 paise to close at 68.88 against the dollar on Wednesday, reported news agency Press Trust of India (PTI). Increased demand for the US currency from importers weighed on the rupee, traders were quoted as saying in the PTI report. However, sustained foreign fund inflows and easing crude oil prices cushioned the fall...

The rupee on Monday plunged by 43 paise to close at a nearly one-month low of 70.92 against the US dollar, reported news agency Press Trust of India (PTI). The fall came amid weak industrial output growth data, a fall in domestic equity markets and sustained foreign fund outflows. Weakness in the dollar against major peers overseas and a fall in cr...

The rupee declined by 27 paise and fell to 69.70 per dollar mark in early trade on Wednesday amid strengthening of the American currency and lower opening in domestic equities, reported news agency Press Trust of India (PTI). Sustained foreign fund outflows also weighed on the local unit, traders were quoted as saying in the PTI report. However, lo...

Rupee Vs Dollar: Rupee continues its rising spree on persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of American currency.

The rupee rose by 46 paise to 70.44 against the US dollar in early trade today amid softening crude oil prices, reported news agency Press Trust of India (PTI). Weakness in the American currency, the domestic equity markets trading in the green and sustained foreign fund flows lent support to the rupee, forex traders were quoted as saying in the PT...