India's Budget 2025-26 Coverage
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Topics: Crude oil

Business

Jan 10: Cured Oil & Gold Market Update by Ravindra V. Rao of Kotak Securities Ltd

COMEX Gold registered a record 7-month high on Monday as it reached $1886.40/oz. However, the price ended slightly lower from the highs gaining by...
Business

Jan 05: Gold and Crude Oil Market Update by Ravindra V.Rao of Kotak Securities

COMEX Gold inched up for the fourth consecutive session hitting a high near $1871/oz. Gold ended Wednesday's session with a gain of 0.70% at...
Business

Gold & Crude Oil Market Update by Ravindra V. Rao, Kotak Securities

COMEX Gold started the year 2023 shining as it ended the first official session of the year with gains. Gold ended Tuesday’s session around...
Business

Why is a Distant War Burning your Wallet?

In the late 80s, India faced a balance of payments crisis. Unable to pay for its oil imports (a fraction of what we import...
Inside

Finance Minister Nirmala Sitharaman calls fuel price hike a vexatious issue

Speaking to the press on Saturday, Union Finance Minister Nirmala Sitharaman said, "Fuel price hike is a vexatious issue in which no answer except...
Business

Market Analysis by Abhishek Goenka: Global Risk sentiment holds positive

Overall global risk sentiment was positive heading into the weekend with China reaffirming its commitment to adhere to the one phase trade deal with...
Business

COVID-19: Chennai Petroleum records inventory write-down of Rs 1,456 crore

State-owned oil refinery company Chennai Petroleum Corporation Ltd on Friday said, 'It has recorded an inventory write-down of Rs 1,456 crore due to the...
Business

Market Analysis: OPEC+ agrees to a historic production cut

OPEC+ agreed to the largest production cut ever of 9.7 mbpd which accounts for 10% of the daily global crude supply. US, Brazil, and...
Business

Market Analysis: Crude drops to 18-year lows

Crude prices fell to their lowest levels in 18 years yesterday as markets fear the world may run out of storage space. There is...
Business

India to finalise $25 billion crude oil import deal with Russia

India and Russia have finalised the broad contours of an ambitious government-to-government agreement for long-term import of crude oil by India from Russia's Far...
Business

Saudi Arabia may shave light crude prices to Aisa in February

Saudi Arabia, the world's biggest oil exporter, may cut the prices of its light crude grades sold to Asia in February on signs of...
Business

Iran OPEC envoy: "Tehran would back majority decision to cut oil output"

Iran would support a majority decision by members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production, the country's OPEC...
Business

Saudi Arabia increases light crude prices for Asia to six-year high

Saudi Arabia raised on Monday its light crude prices for sales to Asia in January to the highest in six years, tracking gains in...
Auto

Union Minister Nitin Gadkari calls carmakers to focus on alternative fuel vehicles

Terming huge crude oil import a "big economic challenge" for the country, Union Minister Nitin Gadkari on Wednesday urged automakers to focus on alternative...
Business

Crude oil futures gains 0.65 percent on a global trend

Crude oil futures rose by Rs 30 to Rs 4,623 per barrel on Tuesday as speculators created fresh positions, tracking a firm trend at...
Business

Crude oil futures up by 0.93 percent on positive overseas market signs

Crude oil prices rose by Rs 41 to Rs 4,430 per barrel in futures market Friday as speculators created fresh positions, taking positive cues...
Business

Crude oil falls 0.87 percent amid weakens in overseas trend

Crude oil prices plunged 0.87 percent to Rs 4,435 per barrel on April 11 as speculators reduced bets amid a weakening trend overseas. On...
Inside

Crude oil futures surges 0.37 percent to Rs 4,297 per barrel

Crude oil futures rose by 0.37 percent to Rs 4,297 per barrel on April 4 after participants widened their bets tracking a firm domestic...
Business

Crude oil futures fall on global leads by Rs 3 per barrel

Crude oil futures drifted lower by Rs 3 to Rs 4,099 per barrel on Wednesday as speculators reduced their exposure amid a weak trend...

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