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2 mins read
Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran
Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…
Huileng Tan
1 min read
Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks
Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…
Yuheng Zhan
2 mins read
Rupee rises 6 paise against US dollar as crude oil prices ease
The rupee appreciated 6 paise to close at 83.31 against the US dollar on Tuesday following a weak g…
PTI
1 min read
India slashes windfall tax on crude petroleum
The central government has reduced windfall tax on crude petroleum, according to a government notif…
ANI
1 min read
Spiking oil prices helped Russia energy-tax revenue double last month
The amount of tax that Russia collected on oil and gas rose by 90% on a year-over-year basis in Mar…
Filip De Mott
1 min read
Russian oil flows are sidestepping sanctions and trading above the G-7 price cap all over the world
Bloomberg reported that Urals grade crude is selling at around $75 a barrel, exceeding the G7 natio…
Yuheng Zhan
2 mins read
Why oil prices already at highs could surge another 10% by summer, according to BofA
Bank of America predicts Brent and WTI peaking around $95 per barrel in summer, a roughly 10% jump …
Yuheng Zhan
2 mins read
Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran
"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…
Yuheng Zhan
3 mins read
India's oil import bill could swell to $101-104 billion in FY25: ICRA
As per ICRA's calculations, a $10/barrel uptick in the average crude oil price for this fis…
PTI
2 mins read
Russia saw its oil revenue double in April despite Western sanctions
Strong global demand and supply fears driven by geopolitical risks have helped bolster Russia's ene…
Yuheng Zhan
2 mins read
Uncertainty over election results may keep market volatile: Experts
The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, …
ANI
1 min read
Oil prices could spike 11% as Middle East turmoil sparks a decades-long inflation spiral, market veteran says
Iran's attacks against Israel over the weekend could send Brent crude towards $100 a barrel, Ed Yar…
Filip De Mott
2 mins read
Billionaire 'Bond King' Bill Gross explains why oil and gas pipelines are his top investment even as AI fervor swirls
"It's been wonderful — it's been almost as good as AI," Bill Gross said about the returns he's gott…
Filip De Mott
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.48, it touched 83.46 in t…
PTI
2 mins read
Rupee settles on flat note, higher by 2 paise at 83.50 against US dollar
At the interbank foreign exchange market, the local unit traded in a narrow range. It opened at…
PTI
2 mins read
Rupee settles on flat note at 83.51 against US dollar
At the interbank foreign exchange market, the local unit traded in a narrow range. It opened at…
PTI
2 mins read
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.50, and touched 83.49 in …
PTI
2 mins read
Rupee turns flat at 83.43 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened strong at 83.41 but later slipped t…
PTI
1 min read
Oil prices spike on crude inventory update and Powell's rate-cut outlook
The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…
Yuheng Zhan
2 mins read
Rupee rises 3 paise to close at 83.33 against US dollar
The domestic unit finally settled at 83.33 (provisional) against the dollar, 3 paise higher fro…