Brent crude futures soared to a high of USD 70.27 a barrel at 0222 GMT, up USD 1.67, or 2.4 per cent.
06 Jan 2020 10:59 AM
The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.
07 Dec 2019 10:46 AM
Brent futures LCOc1 rose 39 cents, or 0.6 per cent, to USD 62.76 per barrel.
14 Nov 2019 12:56 PM
A forecast by the International Energy Agency for slower global oil demand growth post-2025 also weighed on the market.
13 Nov 2019 10:54 AM
Traders may be taking profits on oil ahead of uncertainty around macro-economic data and US oil inventory reports.
04 Nov 2019 9:46 AM
A modest overshoot in recent inflation outruns is outweighed by downside risks to RBI's growth estimates.
24 Oct 2019 1:10 PM
US West Texas Intermediate (WTI) crude CLc1 had gained 16 cents or 0.3 per cent to USD 52.97 a barrel.
16 Oct 2019 12:13 PM
Amazon also said it will allow small and medium-sized businesses to offer their products to online shoppers with Amazon.sg.
08 Oct 2019 12:45 PM
Saudi Aramco officials as a matter of policy do not comment on the kingdom’s monthly OSPs.
03 Oct 2019 10:54 AM
World’s top oil exporter Saudi Arabia has restored capacity to 11.3 million barrels per day.
30 Sep 2019 9:26 AM
RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.
23 Sep 2019 3:12 PM
India’s gasoil demand will rise by an average 5.3 pc per year through the 2025 fiscal year, said Nayara Energy's B Anand.
10 Sep 2019 12:58 PM
Jaishankar is currently in Singapore on a three-day visit.
09 Sep 2019 11:41 AM
Rajendran Prakash was drunk when he entered the Church of Our Lady Lourdes.
04 Sep 2019 2:15 PM
ATC is key to Saudi Aramco’s strategy as it expands its refining and petrochemical operations to boost global sales.
28 Aug 2019 1:02 PM
The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.
26 Aug 2019 2:54 PM
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
22 Aug 2019 11:55 AM
Brent crude futures LCOc1 were down 11 cents or 0.2 per cent, from the previous settlement.
13 Aug 2019 8:37 AM
Consensus expects RBI to lower repo rate by 25 bps to 5.50 pc at its monetary policy meeting on August 7, DBS said.
05 Aug 2019 4:50 PM
He faces a maximum of two years' jail, fine, caning, or any combination of these punishments for each charge.
05 Aug 2019 3:21 PM