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Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today

Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…

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Russia's oil revenue plummeted 29% in October amid volatile global crude prices

One of Russia's largest revenue sources took a hit in October, with oil revenue falling nearly 30% …

Jennifer Sor   


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Oil prices to remain stable in India, country has various crude supply options: Union Minister Hardeep Puri

Oil prices in India are expected to remain stable amid the rising geopolitical tensions as the coun…

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Global energy outlook will shift once Trump returns to White House: Report

Trump's win in the US presidential election may shift the global energy outlook in response to anti…

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The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries

US crude production notched a new monthly record in August. That's not necessarily welcome news to …

Filip De Mott   


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Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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Nifty gains marginally to hit lifetime high

Equity benchmark Nifty rose marginally to hit a fresh lifetime high of 25,052 and Sensex gained ove…

PTI   


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Headroom to cut petrol and diesel prices by â‚ą2-3 per litre: Icra

A reduction in crude oil prices in recent weeks has improved margins on retail auto fuels, providin…

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Oil prices plunge most in 2 years after Israel's strike on Iran spares production facilities

Iran produced about 4 million barrels of oil per day in 2023. A strike on its crude production faci…

Matthew Fox   


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Duty hike on crude, refined oils to hugely benefit farmers: Official

The government official also said that the decision to remove minimum export price and slashing of …

PTI   


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Oil oversupply could send prices tumbling in 2025, energy analyst says

Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearl…

Jennifer Sor   


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Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says

Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …

Jennifer Sor   


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Why oil prices have plunged 3% today

Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…

Filip De Mott   


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Decreased oil exports, because of lower crude prices increasing India's trade deficit, says CRISIL

India's oil exports have been impacted by the fall in crude oil prices, leading to a contraction in…

ANI   


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Sanctioned tankers are back to transporting Russian oil in a blow to the West's efforts to restrict crude flows

The number of sanctioned ships carrying Russian oil grew sixfold last month compared to levels in A…

Jennifer Sor   


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India imported USD 2.8 bn worth of crude oil from Russia in July

India, the world's third largest oil consuming and importing nation, in July bought USD 2.8 billion…

PTI   


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Saudi minister says crude prices could fall 33% if OPEC members don't stop pumping so much

Prince Abdulaziz bin Salman said OPEC members are ignoring their quotas.

Filip De Mott   


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Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off

The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…

Filip De Mott   


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Stock market today: Indexes edge up as oil prices ease and traders look to key inflation data

Stock indexes picked up on Tuesday as oil prices slid and traders braced for earnings and key infla…

Filip De Mott   


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Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data

The 10-year US Treasury yield jumped back above 4% on Monday, touching its highest level in about t…

Matthew Fox  Â