Tag: crude oil prices

Rupee Hits Record Low vs Dollar on India-China Border Tensions

Business
The Indian rupee fell to a historic low of 82.73 per dollar amid risk aversion from border tensions. Analysts expect RBI intervention to curb volatility.

Govt May Levy Windfall Tax on Fuel Retailers’ High Profits

Business
India considers a windfall tax on oil marketing companies as their profits surge amid falling crude prices. Details on the proposed tax mechanism and impact.

Sensex, Nifty Rise on India-EU Trade Deal Hopes, Lower Oil

Stocks
Indian stock markets opened higher as falling crude oil prices and optimism over a potential India-EU free trade agreement boosted investor sentiment.

Asian Markets Mixed After Trump’s Fed Remarks; Kospi Gains 1.5%

Stocks
Asian stocks reacted to Trump's comments on Jerome Powell. Get the latest on Nikkei, Hang Seng, Kospi movements, and Wall Street's record highs.

Oil Prices Slide 3% as Trump’s Iran Remarks Ease Supply Fears

Business
Brent and WTI crude fell sharply after Donald Trump said he would not sanction Iran if re-elected. Get the latest prices and market analysis.

Crude Oil May Become Cheaper Than Water by 2027: JP Morgan

Business
JP Morgan forecasts Brent crude could drop to $30 per barrel by March 2027, making oil cheaper than bottled water and potentially slashing fuel prices in India.

India’s Russian Oil Imports Set for Sharp Drop as US Sanctions Bite

World
US sanctions on Russian exporters to cut India's crude imports from 1.8M to 400,000 bpd. Major refiners halt purchases, but no complete stop expected as discounts remain attractive.

US Sanctions on Russian Oil May Raise India’s Import Costs by 2%

World
New US sanctions targeting Rosneft and Lukoil could increase India's crude oil import bill as the country seeks alternative suppliers amid growing international pressure.

Rupee Rebounds 88 Paise from Record Low Against US Dollar

Business
Indian rupee recovers to 87.93 as Fed rate cut signals weaken dollar. Get latest forex updates, market analysis, and economic insights.