oil prices

Remittances growth turning muted; reasons structural, not transient: Report

Remittances growth turning muted; reasons structural, not transient: Report

Remittances growth is muted due to "structural" reasons which will hamper consumption demand locally, a report said on Thursday."...the m...Read More

Oil prices fall again, WTI down 20% on supply glut

Oil prices fall again, WTI down 20% on supply glut

US oil prices tumbled again on Tuesday with the June contract of WTI crude on the NYMEX falling nearly 20 per cent amidst a supply glut a...Read More

Asian stock markets rise moderately as oil prices recover

Asian stock markets rise moderately as oil prices recover

Asian shares rose moderately on Thursday following a rally on Wall Street and even oil prices recovering from their recent plunge to zero.

Now Brent crude slumps to below post-9/11 levels, WTI trades above $10/bbl

Now Brent crude slumps to below post-9/11 levels, WTI trades above $10/bbl

Just days after the rout in the WTI crude prices in the US, Brent crude has slumped below the levels recorded after the 9/11 terrorist at...Read More

Australia pounces on oil glut; to spend US$59 million to build a strategic reserve in US

Australia pounces on oil glut; to spend US$59 million to build a strategic reserve in US

Australia said Wednesday it will take advantage of record low oil prices to develop a long-needed strategic oil reserve, which will be lo...Read More

Rupee slumps to hit a new low of 76.91 a dollar

Rupee slumps to hit a new low of 76.91 a dollar

Rupee slumped to a new low of 76.91 per dollar on Wednesday on the back of a broad-based strength of the greenback.

Why Modi govt didn't decrease petrol price despite oil prices crashing

Why Modi govt didn't decrease petrol price despite oil prices crashing

At the midnight of Tuesday, the United States announced that the price for a barrel of oil was $0 – something that was unheard of and som...Read More

Will take advantage of the crash in oil prices to fill national stockpile: Trump

Will take advantage of the crash in oil prices to fill national stockpile: Trump

President Donald Trump said Monday the United States would take advantage of the historic drop in oil prices to replenish its national st...Read More

Market Update: Sensex slips 1,000 points after oil prices crashed $0 per barrel

Market Update: Sensex slips 1,000 points after oil prices crashed $0 per barrel

Equity benchmark Sensex plunged over 1,000 points in opening trade on Tuesday tracking heavy losses in banking, energy and IT stocks amid...Read More

From loss of jobs in the Middle East to rising unemployment back home, here's how the oil price crash will affect India

From loss of jobs in the Middle East to rising unemployment back home, here's how the oil price crash will affect India

Oil prices have crashed. Just look at the chart below. It has plunged into negative territory because traders want to jettison the stocks...Read More

Another prediction gone right: How The Simpsons' creators predicted oil prices would crash to $0 a barrel

Another prediction gone right: How The Simpsons' creators predicted oil prices would crash to $0 a barrel

Looks like the Matt Groening-created Simpsons has one other prediction under its sleeve. After predicting that Donald Trump would become ...Read More

Oil price crash: Never thought we'd see the day petrol is cheaper than Coke or beer, says Twitter

Oil price crash: Never thought we'd see the day petrol is cheaper than Coke or beer, says Twitter

It’s a situation that nobody is familiar with. Oil prices crashing to $0 a barrel. So, naturally, there was outrage on Twitter, where eve...Read More

Oil prices crash into negative as producers run out of space to store

Oil prices crash into negative as producers run out of space to store

On Monday, oil prices plunged below zero as demand for energy collapses amid the coronavirus pandemic and traders don't want to get stuck...Read More

Oil prices rise further as Trump lays out roadmap of reopening pandemic hit US

Oil prices rise further as Trump lays out roadmap of reopening pandemic hit US

Oil prices surged further on Friday as US President Donald Trump plans to reopen the coronavirus pandemic hit United States offsetting wo...Read More

Oil prices rise further as Trump hints at deeper output cuts

Oil prices rise further as Trump hints at deeper output cuts

Oil prices rose Tuesday after US President Donald Trump said producers are considering cutting 20 million barrels per day -- more than do...Read More

Oil prices surge after OPEC and allies agree on output cut deal

Oil prices surge after OPEC and allies agree on output cut deal

International crude oil prices surged on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and its allies includi...Read More

Asian markets rise on hopes on Covid-19

Asian markets rise on hopes on Covid-19

Asian markets rose Monday as some of the world's worst-hit countries reported falling death rates, providing some much-needed hope in the...Read More

‘Lower oil prices to provide tailwinds’

‘Lower oil prices to provide tailwinds’

Oil prices fell almost 30 per cent on Monday after the failure of OPEC and Russia to agree on extension of production cuts required to st...Read More

CEA Krishnamurthy Subramanian for retaining 2-6% inflation aim band

CEA Krishnamurthy Subramanian for retaining 2-6% inflation aim band

"I would insist that this battle that we have fought against inflation is something that we cannot let go.

Market Update: Sensex down by 1,900 points in closing trade

Market Update: Sensex down by 1,900 points in closing trade

It wiped off investor wealth worth around 7 lakh crore, following global market meltdown triggered by rapidly-spreading coronavirus and f...Read More

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