Opec+ is unwinding cuts, restoring 2.72 million barrels per day by November, with Iraq adding 500 thousand barrels per day via Kurdish pipelines, worsening a 0.5 million barrels per day surplus
The Nifty Bank index touched a record high of 57,828.30 on Friday, surpassing its previous peak of 57,628.40 recorded on July 2, 2025
The decline reflects a US-led trade war, exacerbating oversupply amid Opec+'s 2.72 mb/d restoration and a 0.5 mb/d surplus
Of the Rs 9,000 crore savings forecast, ONGC expects savings of Rs 4,300 crore by March 2026 as it implements 20 initiatives to boost cost efficiency
Crude oil loading refers to volumes of oil loaded at a producing country's port for respective destinations. Oil shipments loaded in the US typically take around two months for delivery in India
The world is heading into a period of serious problems, and gold and silver are among the few ways to protect oneself. That's been true for hundreds of years and will remain true now, Jim Rogers said
WTI crude oil prices opened weaker, tumbling over 4 per cent in early trading, a sharp reversal from the prior week's modest 2.2 per cent.
Despite Western countries imposing sanctions and gradually widening measures, Russia's oil exports have not been significantly impacted so far, Kotak said
Russia will introduce a partial ban on diesel exports until the end of the year and extend an existing ban on gasoline exports, Deputy Prime Minister Alexander Novak said on Thursday
India imported 1.63 million barrels of crude oil from Russia until September 24, as against 1.71 million barrels per day (bpd) in August
Sensex Today | Stock Market close highlights, Sept 24: The Nifty Realty index ended as the top sectoral laggard, dropping 2.5%, followed by the Nifty Auto (1.15%), and the Nifty Private Bank (0.8%)
Crude oil prices continue to trade within a broader range of $5-$7, reflecting the persistent tug-of-war between supply excess and geopolitical flare-ups
Sensex Today | Stock Market Highlights, Sept 23: On the sectoral front, the Nifty FMCG index shed 1.3 per cent; while PSU Bank and Metal indices gained 1 per cent each on Tuesday.
Sensex Today | Stock Market Close Highlights, Sept 22: US President Donald Trump's new H-1B visa fees rule triggered panic selling among investors, especially IT shareholders, on D-Street today
Brent crude faces limited upside above $70, as higher prices may dampen Chinese demand, while increased OPEC+ production is helping offset geopolitical risks
Loading of Russian oil for India in August nearly halved to 686,850 barrels per day from about 1.34 million bpd in July, according to LSEG trade flows
The halting of supply from the two Gulf exporters means Nayara, majority-owned by Russian entities including oil major Rosneft, relied entirely on Russia for its crude oil imports in August
Indian refiners have resumed tendering Russian oil purchases in the second half of August
Since the conclusion of the Iran-Israel conflict, oil prices have retreated and stabilised within a broader trading range of around $6 per barrel
Brent crude futures fell 16 cents, or 0.23 per cent, to $68.64 per barrel at 0005 GMT, while West Texas Intermediate (WTI) crude futures also lost 16 cents, or 0.25 per cent, to $64.64