The current upward trajectory is primarily driven by a toxic mix of heightened geopolitical risks in the Middle East, infrastructure disruptions in the Caspian region, and significant capital inflows
Oil price outlook: The most significant downward pressure on oil prices this month stems from renewed optimism regarding the conflict in Ukraine.
OPEC+, according to a Rabobank International note, will respond to lower prices through supply cuts or through the refined products market
Global oil prices have shown remarkable resilience amid softer economic data from two major consumers: the US and China
Rupee sees sharp fall: The domestic currency fell as much as 83 paise to 89.54 on Friday, according to Bloomberg
Indian Rupee today: The domestic currency opened four paise lower at 88.63 against the greenback on Thursday
Indian Rupee today: The domestic currency closed two paise higher at 88.59 against the greenback on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 4 paise higher at 88.57 against the greenback and rose to 88.53 in opening deals
Indian Rupee today: The domestic currency closed 3 paise higher at 88.61 against the greenback on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 2 paise lower at 88.66 against the greenback on Tuesday
Indian Rupee today: The domestic currency closed 10 paise higher at 88.64 against the greenback on Monday
Indian Rupee today: The domestic currency opened 3 paise higher at 88.71 against the greenback on Monday
Indian Rupee today: The domestic currency closed 8 paise lower at 88.74 against the greenback on Friday
Indian Rupee today: The domestic currency opened 6 paise lower at 88.72 against the greenback on Friday
Indian Rupee today: The domestic currency closed 3 paise lower at 88.66 against the greenback on Thursday
Indian Rupee today: The domestic currency opened 2 paise lower at 88.65 against the greenback on Thursday
Indian Rupee today: The domestic currency closed 7 paise lower at 88.63 against the greenback on Wednesday
Mohammed Imran, research analyst at Mirae Asset Sharekhan believes that global market will remain in surplus of 0.5-0.7mbpd in 2026
Indian Rupee today: The domestic currency opened 6 paise lower at 88.62 against the greenback on Wednesday
Indian Rupee today: The domestic currency closed 13 paise higher at 88.56 against the greenback on Tuesday