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Crude Oil Prices
Business  /  Published 17.02.19

Crude bill spurts fear

The oil import bill for the current fiscal is set to jump 27 per cent to $112 billion because of a spike in global crude prices and the depreciation of the rupee, according to the latest estimates.The...
By R. Suryamurthy in New Delhi

Business  /  Published 27.01.20

Gas tiff with Qatar lingers

India and Qatar remained at odds over reviewing their long-term LNG contract, with New Delhi pointing to the dip in global spot prices for improved terms of supply even as Doha hammered on the sancti...
By Our Special Correspondent in New Delhi

Business  /  Published 12.11.18

Rupee falls below 73 against US dollar

The rupee weakened further and dipped by 54 paise to 73.04 against the US dollar on Monday, owing to increased demand for the American currency from importers amid increasing global crude oil prices.I...
By PTI in Mumbai

Business  /  Published 08.06.20

Oil slips despite cuts

Oil slipped on Monday after Saudi Arabia said an extension of output cuts by Opec+ nations would not include extra voluntary cuts by a trio of Gulf producers.Brent crude was down 14 cents, or 0.3 per ...
By Reuters and PTI in London

Business  /  Published 03.12.18

Fear of spike in CAD for Jul-Sep quarter

The spike in crude oil prices and higher gold import could widen the current account deficit to 3 per cent of GDP in the July-September quarter of the current fiscal from 2.4 per cent in the preceding...
By Our Special Correspondent in New Delhi

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Opinion  /  Published 30.11.18

Donald Trump and the price of black gold

Ever since the former president of the United States of America, Richard Nixon, delinked the US dollar from gold, the currency, paradoxically enough, turned into the dominant means of payment in world...
By Dipankar Dasgupta

Business  /  Published 09.03.20

Sensex ends over 1,900 points lower

Market benchmark Sensex plummeted over 1,941 points on Monday, wiping off investor wealth worth around 7 lakh crore, following global market meltdown triggered by rapidly-spreading coronavirus and fre...
By PTI in Mumbai

India  /  Published 09.03.20

Coronavirus: Total cases now 43

The number of coronavirus cases in India rose to 43 on Monday with four people, including a three-year-old child in Kerala who had returned from Italy, testing positive for the disease, health ministr...
By Agencies in New Delhi

Business  /  Published 22.04.19

Bid to bridge crude gap

State-owned refiners are working out an alternative strategy to fill up the void as Washington goes ahead with its plan to tighten sanctions on Iran by ending the waiver for Tehran crude from May 2. T...
By Our Special Correspondent in New Delhi

Business  /  Published 01.05.20

Oil heads north as output cut begins

Oil rose towards $27 a barrel on Friday as Opec and its allies began a record output cut to tackle a supply glut weighing on the market due to the coronavirus crisis.The global oil benchmark, Brent cr...
By Reuters in London


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