crude oil Archives

adminMay 25, 2021

Mumbai : Profit booking, along with a slight rise in global crude oil prices and depreciation in the Indian rupee, pulled the key Indian equity indices lower on Wednesday after three consecutive days of gains. Sector-wise, except for IT and FMCG stocks, all others witnessed heavy selling pressure led by auto, finance and banking counters. […]

adminMay 25, 2021

Mumbai : High global crude oil prices, along with continuous outflow of foreign funds pulled the Indian rupee to a fresh low on Thursday. According to analysts, caution ahead of key macro-economic data, coupled with a rise in demand for US dollars also dragged the rupee lower. “High crude oil prices and month-end demand for […]

adminMay 25, 2021

Tehran : Iranian Petroleum Ministry has said that there has been no major change in Iran’s production and export of crude oil despite US sanction threats. Iran has plans to counter US President Donald Trump’s threats to stop Iran’s oil sales, and “the plans are working successfully”, Press TV quoted Iran’s Petroleum Minister Bijan Namdar […]

adminMay 25, 2021

Iran-bans-crude-transportation-from-Iraqs-Kurdistan.jpg

New Delhi : Lower global crude oil cost, along with a strengthened rupee, pulled the prices of key transportation fuel — petrol and diesel — down by around nine paise in the four metro cities. On Saturday, Brent crude oil prices slipped to around $76 per barrel from $77 a barrel as global supply concerns […]

adminMay 25, 2021

By Ovunc Kutlu, New York: Crude oil prices posted their biggest weekly losses Friday in more than two years, after rising crude production and the number of oil rigs in the U.S. has brought back fears that crude supply would increase in the global market. The international benchmark Brent crude lost 8.7 percent between Feb. […]

adminMay 25, 2021

By Rohit Vaid, New Delhi : Crude oil prices at around $60 per barrel is the “ideal” level for Air India to sustain its new-found revenue growth, the airline’s Chairman and Managing Director (CMD) Pradeep Singh Kharola said. When asked about the surge in crude oil prices and its impact on Air India’s revenue growth, […]

adminMay 25, 2021

Mumbai : The key indices of the Indian equity market closed Wednesday’s trade session on a flat note after investors booked profit in automobile and oil and gas stocks. According to market analysts, profit booking and a rise in global crude oil prices pared the initial gains made on the back of positive Asian markets. […]

adminMay 25, 2021

By Barry Ellsworth, Trenton, Canada : Crude oil will start flowing again through the Keystone XL pipeline Tuesday after it was shut down earlier this month due to a 210,000-gallon spill in South Dakota. TransCanada Corporation said Monday in a release that the repair and restart plans “have been reviewed by the Pipeline and Hazardous […]

adminMay 25, 2021

New Delhi : The Indian basket of imported crude oils gained nearly $3.50 a barrel during last week even as petrol prices in the country touched their highest levels since Prime Minister Narendra Modi assumed office three years ago, official data showed on Monday. The Indian basket, comprising 73 per cent sour-grade Dubai and Oman […]

Tag: crude oil

Profit booking, crude oil prices pull indices by over 1%

High crude oil prices drive rupee to fresh low

Iran downplays impact of US sanction threats

Petrol-diesel prices down 9 paise on lower crude cost, stronger rupee

Oil prices post worst weekly loss in two years

Crude at $60 conducive to revenue growth: Air India CMD

Profit booking, higher crude oil prices subdue equity indices

Keystone pipeline oil to flow to US again Tuesday

Petrol at Rs 79/litre in Mumbai at highest since August 2014

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