US President Donald Trump has criticised India's Russian oil purchases, arguing they help fund Moscow's war in Ukraine
Oil prices hit five-week lows as markets await US sanctions decision on Russia. Tariffs on India, crude inventory draw, and Opec+ supply plans also influence Brent and WTI price movements
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹93,710
The Organization of the Petroleum Exporting Countries and its allies, together known as Opec+, agreed on Sunday to raise oil production by 547,000 barrels per day for September
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,960
Brent crude futures fell 91 cents, or 1.3 per cent, to settle at $68.76 a barrel, while US West Texas Intermediate crude declined by $1.04, or 1.5 per cent, to close at $66.29 a barrel
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,890
The US Labour Department said the country added 73,000 jobs in July, lower than economists had forecast, raising the national unemployment rate to 4.2 per cent from 4.1 per cent
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,490
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,500
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,110
Trump Sanctions On Russian oil puts the squeeze on India's Biggest Crude Supplier
India has imported a record 150,000 tonnes of soyoil from China, driven by steep discounts and faster shipping, as Chinese crushers seek to clear excess stock amid slowing domestic demand
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,590
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹91,590
August 1 marks the end of the suspension period of Trump tariffs imposed on dozens of countries, including India
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,090
The price of 22-carat gold also decreased by ₹10, with ten grams of the yellow metal selling at ₹92,540
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹93,810
The price of 22-carat gold also increased by ₹10, with ten grams of the yellow metal selling at ₹92,860