Tag: Crude Oil Price

Russia-Ukraine War
Cost Of War: Brent Crude Breaches $111 Mark; Highest In 8 Yrs

At present, Russia is the third largest producer of crude oil in the world. It is feared that sanctions against Russia will curtail global supplies and stifle growth.

  • Wednesday, 02 March 2022
Cost Of War: Crude Expected In $95 To $100 Per Barrel Range
Cost Of War: Crude Expected In $95 To $100 Per Barrel Range

Already, India's main inflation gauge -- Consumer Price Index (CPI) -- which denotes retail inflation, has crossed the target range of the Reserve Bank of India in January.

  • Saturday, 26 February 2022
Crude At $105: India To Suffer From High Inflation, Import Bill
Crude At $105: India To Suffer From High Inflation, Import Bill

In addition, Suman Chowdhury, Chief Analytical Officer, Acuite Ratings & Research said: "This will have an impact on the domestic inflationary scenario where there are already significant undercurrents due to increasing pass through of higher commodity prices with improving demand in manufactured products and even services."

  • Thursday, 24 February 2022
Sensex, Nifty rebound on lower crude oil price, healthy macro data

Mumbai: India’s key equity indices bounced back on Tuesday, gaining one per cent each, as global crude oil prices declined and domestic consumer inflation cooled, boosting investor sentiment. On Tuesday, the benchmark Brent crude price eased to $68.80 a barrel after topping the $71-mark on Monday. As a result, the S&P BSE Energy index gained […]

  • Thursday, 08 July 2021
International Crude Oil Prices Decline After Trump Tests COVID-19 Positive
International Crude Oil Prices Decline After Trump Tests COVID-19 Positive

New Delhi: International crude oil prices continued to decline on Friday due to persistent global economic uncertainties, going down further after the announcement that US President Donald Trump had tested coronavirus positive. A further increase in crude supplies also eased the prices, analysts said. Related Story: US President Donald Trump, First Lady Melania Test Positive […]

  • Sunday, 11 April 2021
Crude Oil Prices Surge On Hopes Of Supply Cap By 'OPEC+'
Crude Oil Prices Surge On Hopes Of Supply Cap By 'OPEC+'

New Delhi: Crude oil prices surged on Monday on expectations that ‘OPEC+’, the cartel of Organisation of the Petroleum Exporting Countries (OPEC) and its allied oil producing nations would limit the oil output at the current levels. Brent crude crossed the $53 per barrel mark and touched a multi-month high of $53.17 a barrel. It […]

  • Wednesday, 07 April 2021
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