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Crude Oil Prices
Business  /  Published 07.10.21

Crude price surge spooks markets

Indian markets were caught in a global selloff on Wednesday as hardening crude oil prices and supply chain bottlenecks stoked fears of rising inflation crimping economic recovery around the world. A d...
By Our Bureau in Mumbai

Business  /  Published 06.10.21

Crude heat on bonds, rupee

Bond yields rose on Tuesday and the rupee came under pressure as crude oil prices hit a 7-year high amid apprehensions of liquidity tightening by the Reserve Bank of India as it initiates gradual poli...
By Our Special Correspondent in Mumbai

Business  /  Published 29.09.21

Crude spike raises duty cut question

The spike in crude prices to about $80 per barrel could put pressure on the Modi government to cut excise duty as state-owned oil firms increased petrol prices by 20 paise per litre and diesel by 25 p...
By Our Special Correspondent in New Delhi

Business  /  Published 23.09.21

Crude price rise hits aviation

The spike in global crude prices could impact the nascent demand recovery in the aviation sector even as the civil aviation ministry pitches for duty cuts by both the Centre and states. The benchmark...
By R. Suryamurthy in New Delhi

Business  /  Published 07.07.21

Stocks yo-yo, bonds dip

The Sensex on Tuesday hit a record high but its climb was thwarted by rising crude prices and lower GST collections in June. The profit booking that ensued saw the Sensex closing marginally lower afte...
By Our Special Correspondent in Mumbai

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Business  /  Published 07.07.21

Crude surge adds to worries

Global crude prices spiked to a three year high of $77 per barrel as Opec+ failed to reach an agreement and analysts expect it to touch $100 a barrel soon.  If the rising prices are passed on to...
By R. Suryamurthy in New Delhi

Business  /  Published 25.03.21

Back-to-back fuel price cuts

State-owned oil marketing companies sprang a big surprise by cutting petrol and diesel prices for the first time in the past 12 months — ironically on a day when global benchmark crude prices so...
By Our Special Correspondent in New Delhi

Business  /  Published 23.03.21

Fuel excise duty bounty for govt

The Narendra Modi government seems to have raked in profits during the pandemic as it has collected Rs 2,94,482 crore in excise duty during April-January of the current fiscal, an increase of 68.7 per...
By R. Suryamurthy in New Delhi

Business  /  Published 06.03.21

Crude price flare-up feared

...
By Our Bureau in New Delhi

Business  /  Published 23.12.20

Crude oil output falls 5 per cent

Oil India has signed a MoU with Assam Hydrocarbon & Energy Company aimed at establishing a joint institutional framework to facilitate bilateral co-operation in hydrocarbon exploration and develop...
By Our Special Correspondent in New Delhi


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