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2 mins read

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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2 mins read

Why AI could weigh down oil prices in the next decade, according to Goldman Sachs

The impact to supply due to the use of AI could end up outweighing any rise in demand from AI's pow…

Kelly Cloonan   


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1 min read

Oil prices surge as US rushes forces to the Middle East ahead of a possible attack by Iran

Oil prices are surging as Israel prepares for an attack from Iran after killing a Hamas leader in T…

Kelly Cloonan   


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3 mins read

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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2 mins read

The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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2 mins read

Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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3 mins read

Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each

Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…

Business Insider Latest Story Image
1 min read

US oil production just hit a record high

US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…

Kelly Cloonan   


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1 min read

Rupee turns flat at 83.87 against US dollar in early trade

The Indian rupee's early gains were neutralized, settling unchanged at 83.87 against the US dollar.…

PTI   


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2 mins read

Russia has expanded its shadow fleet that it uses to evade oil sanctions, think tank says

Russia added 74 ships to its secretive fleet of shadow tankers, according to a new report from a Uk…

Jennifer Sor   


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2 mins read

Stock market opening: Sensex, Nifty open the day in green, IT, Metal, Oil and Gas take lead

Mahindra and Mahindra, Hindalco, Tata Motors, Tech Mahindra, and LTI Mindtree gained an early lead …

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4 mins read

After record profits, state-owned fuel retailers Indian Oil, BPCL and HPCL see profit slump in Q1

IOC, BPCL and HPCL posted up to 90 per cent slump in their June quarter earnings as margins fell an…

PTI   


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3 mins read

Stock market closing: Bloodbath on Nifty, Sensex, metal index loses 3.95%, media down by 2.32% during the day

​Auto was down by 2.4%, while financial services was down by 1.09%. Media lost 2.32%, while metal w…

Business Insider Latest Story Image
2 mins read

The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues…

Jennifer Sor   


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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   


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1 min read

Russian oil exports drop to lowest in 7 months amid OPEC cuts and sanctions

Russian oil exports are down as the country moves to comply with OPEC production cuts and sanctions…

Kelly Cloonan   


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2 mins read

Rupee falls 3 paise to close at all-time low of 83.66 against US dollar

On Thursday, the rupee depreciated 5 paise and settled at a new low of 83.63 against the US dollar.

PTI   


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Rupee falls 12 paise to 83.56 against US dollar in early trade

The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on Tuesday, weighed do…

PTI   


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1 min read

Rupee trades flat at 83.53 against US dollar in early trade

At the interbank foreign exchange market, the rupee moved in a tight range of 83.50 to 83.54 in mor…

PTI   


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1 min read

Rupee trades flat 83.49 against US dollar in early session

Powell's testimony offered little new guidance on the US central bank's plans for when it mig…

PTI