Sunday, Jan 23, 2022 | Last Update : 03:18 AM IST

crude oil prices

Indian Oil reports first quarterly loss in 4 years after surge in inventory losses

The fall in global prices impacted the group’s financial performance for January-March quarter as the company holds about 45 days inventory

25 Jun 2020 8:56 AM

Oil drops after jump in US crude stockpiles, renews oversupply concerns

Distillate fuel stockpiles, rose by 4.3 million barrels, outpacing expectations for a 3 million barrel increase

10 Jun 2020 9:12 AM

Oil prices inch higher after OPEC+ extends output cuts to end-July

On Saturday OPEC+ agreed to extend the deal by a third month through end-July

08 Jun 2020 9:03 AM

Oil prices edge higher on surprise US stock drawdown, but demand concerns linger

Prices have risen in the past two weeks as some countries relaxed coronavirus restrictions and lockdowns

14 May 2020 9:09 AM

Oil falls amid concerns about second wave of virus, rise in inventories

Traders shrugged off a further call by Saudi Arabia for larger production cuts to balance the market following a virus-induced demand slump

13 May 2020 8:29 AM


Consumers won't benefit from lower crude oil prices as govt hikes taxes on fuel

Taxes and duties on petrol and diesel were increased by 10 rupees/litre and 13 rupees/litre, respectively

06 May 2020 10:27 AM

Oil prices slide as US-China tensions offset virus hope

Oil markets have been battered as the virus strangled demand due to business closures and travel restrictions

06 May 2020 8:42 AM

Oil prices jump as US stockpiles grow less than expected

The official start of output cuts agreed between Organization of Petroleum Exporting Countries (OPEC) and other major producers like Russia

01 May 2020 8:38 AM

Oil prices rise after US crude storage build slows

U.S. Energy Information Administration data showed U.S. crude oil inventories grew by 9 million barrels last week to 527.6 million barrels

30 Apr 2020 8:42 AM

Oil falls on storage crisis as virus saps demand

Prices have collapsed in recent weeks as demand for the commodity evaporated owing to lockdowns and travel restrictions imposed worldwide

27 Apr 2020 10:12 AM


US crude plunges to 20-year low as coronavirus hits demand

Oil markets have plunged in recent weeks as lockdowns and travel restrictions to fight the coronavirus around the world batter demand

20 Apr 2020 9:40 AM

US senators urge Saudi officers to take concrete action to cut oil output

Saudi Arabia and Russia were close to finalizing a deal to cut crude output by a record 10 million barrels per day

12 Apr 2020 9:39 AM

Oil skids on oversupply fears, stocks jump on virus slowdown

Brent crude fell as much as $3 in Asian trading after Saudi Arabia and Russia postponed a meeting over a potential pact to cut production

06 Apr 2020 9:31 AM

FMCG firms to report uptick in Q1 margins

Benign raw material prices, low media intensity to help.

11 Jul 2019 1:58 AM

FII inflows, Fed rate decision to guide stock movement this week: Experts

Movement of foreign funds, rupee and oil would continue to play their part in market trend, according to analysts.

17 Mar 2019 1:05 PM


Rupee rises for 2nd day; up 21 paise to 70.28 vs USD on easing crude prices

Forex traders said heavy buying in domestic equities and robust foreign fund inflows also propped up the rupee.

06 Mar 2019 6:46 PM

Oil rises on OPEC-led supply cuts, but economic weakness weighs

Traders said oil markets were currently tightening.

01 Mar 2019 12:36 PM

Reserve Bank of India highlights inflation spike risk, signal rate hikes

Five of six MPC members had voted for keeping rates on hold at 6.50 per cent, surprising most economists.

22 Oct 2018 9:03 AM

Petrol, diesel prices witness dip across India

After a reduction of 21 paise the petrol price in the national capital settled at Rs 82.62 per litre.

18 Oct 2018 2:23 PM

Rupee slumps 26 paise to 73.83 on rising crude prices

Rupee continued to be under pressure as oil prices started to move-up.

15 Oct 2018 6:33 PM


Sensex falls 175 points on rupee woes, rising crude prices

The Indian currency collapsed to a new lifetime low of 74.27 in intra-day trade, raising concerns on the macroeconomic front.

09 Oct 2018 4:31 PM

Fuel price hike: Petrol, diesel prices rise for the fourth consecutive day

Despite the government's efforts to bring fuel prices under control, the prices are increasing daily.

09 Oct 2018 12:14 PM

World oil demand to peak at 104.4 million bpd in 2035: Unipec

Chen Bo also said China would reduce Iranian oil imports because of looming US sanctions.

24 Sep 2018 11:48 AM

Indian refiners may reduce oil imports as crude prices soar, rupee struggles

It is becoming a headache for Modi govt ahead of general elections next year.

24 Sep 2018 10:50 AM

Fuel prices rise again, petrol crosses Rs 90-mark in Mumbai

Discussions are taking place with the United States regarding the reduction of oil imports from Iran.

24 Sep 2018 10:35 AM


May consider price hike if rupee remains weak against dollar: Honda

The rupee had crashed to an all-time low of 72.91 in morning trade on Wednesday.

13 Sep 2018 5:27 PM

Petrol, diesel prices break fresh records

The price of petrol has been increased by 20 paise per litre, while diesel saw a hike of 21 paise per litre.

06 Sep 2018 12:29 PM

Rupee dips further after reports suggest 73/dollar

The rupee ended the session at a record low of 71.57, down 0.50 per cent from Monday’s close of 71.21 a dollar.

05 Sep 2018 1:35 AM

Rupee hits new low of Rs 70.74

Oil prices soared higher following reports about fall in US inventory level and likely disruption in supply from Iran and Venezuela.

31 Aug 2018 5:14 AM

Global cues, macros to dictate markets direction

The equity valuations at the moment are on the higher side as the markets have priced in a strong growth in corporate earnings.

20 Aug 2018 12:53 AM


Sensex rises over 100 points after sharp fall in crude prices

Similarly, the broader NSE Nifty was trading 40.20 points, or 0.37 per cent, higher at 10,977.05.

17 Jul 2018 10:25 AM

June quarter earnings to set market tone

The Sensex closed 884 points higher at 36,542 and the Nifty ended 246 points higher at 11,019.

16 Jul 2018 12:53 AM

Oil Prices dip on fall in China demand

Further weighing on prices has been rising US output, which hit another record last week at 10.8 million bpd.

09 Jun 2018 5:52 AM

Foreign investors pull out Rs 29,776 crore from market

However he noted that the prices of oil has corrected significantly after hitting a high of $80 per barrel, which is positive for India.

04 Jun 2018 12:44 AM

Petrol price rise ends RBI’s rate cut hopes

Analysts see rise in inflation, CAD and fall in growth rate.

22 May 2018 1:29 AM


Inflation to edge higher, May CPI likely around 4.6-4.7 pc: report

Even as monsoon is predicted to be normal this year, its uneven distribution could spike food prices.

18 May 2018 4:11 PM

Earnings, oil, macro data to set market tone in holiday-shortened week

Stock markets are closed on Tuesday for 'Maharashtra Day'.

29 Apr 2018 11:41 AM

Reserve Bank of India to hike rates in June policy: report

Largely on account of sharp increase in crude oil prices over the last few months.

25 Apr 2018 4:34 PM

Saudi Arabia wants oil at $100

“We have come full circle,” a separate high-level industry source said of the change in Saudi thinking.

19 Apr 2018 1:33 AM

Banks sell bonds, Centre’s debt gets costly

Higher bond yield would make the cost of government borrowing costly and increase interest payments by the government.

22 Feb 2018 7:16 AM


Markets keenly await roll out of GST

Closing divergently, the Sensex ended 81 points higher at 31,138 and the Nifty closed 13 points lower at 9,575.

26 Jun 2017 4:05 AM

'Easing crude prices good for India's inflation, GDP growth'

Global GDP growth was 5 per cent (average) and India's average growth was at 8.6 per cent.

11 May 2017 1:45 PM

Global cues, oil prices to dictate market trend

India is likely to underperform in the near term as the strengthening dollar and the rising oil price.

18 Dec 2016 4:10 PM

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