Page 58 - Crude Oil Price

RBI MPC preview: Das and Co may hike repo rate by 25-50 bps in August

If the inflation remains above 6% on average for the next three months, the RBI will have to explain to the govt in writing the reasons for its failure to keep the rate of price rise in check

Traffic surge at ports a sign of India's economic revival: Report

Both coal and crude oil grew 16 per cent year-on-year (YoY), accounting for 105 mt and 65 mt of traffic in the first quarter, even on the back of record high prices

Sensex sheds 498 pts, Nifty below 16,500; Infy slips 3.5%, Axis Bank 3%

CLOSING BELL: Equity markets settled near the low point of the day as investors chose to stay on the sidelines ahead of the US Federal Reserve's monetary policy outcome on Wednesday

Oil, geopolitics, and climate change

Crude oil still commands its place in the fuel market, but investments in oil exploration have gone down as concerns about climate change grow

Sensex falls 306 pts; Nifty holds 16,600; Zomato cracks 11%, RIL 3%

CLOSING BELL: Among sectors, the Nifty Auto fell 1.7 per cent, while the Nifty Metal added 1.5 per cent

Oil extends losing streak on fears Fed hike will dampen fuel demand

Oil prices dropped on Monday, extending a recent losing streak on concerns that an expected rise in US interest rates would weaken fuel demand

Oil prices fall as Libya resumes output, global demand outlook darkens

By Julia Payne

Banks lift Sensex 390 pts, Nifty reclaims 16,700; Ultratech Cement up 5%

CLOSING BELL: Ultratech Cement, Grasim, UPL, HDFC, HDFC Bank, Eicher Motors, and ICICI Bank were the top gainers, ralling over 2 per cent each

Rupee falls 7 paise to 79.92 against dollar on account of firm crude prices

The rupee depreciated 7 paise to 79.92 against the US dollar in opening trade on Friday tracking the strength of the dollar in the overseas market and firm crude oil prices

Oil prices slump over 3% as stockpiles, rate hikes stoke demand worries

LONDON (Reuters) -Oil prices fell more than $3 on Thursday after higher U.S. gasoline stockpiles stoked demand worries and returning energy supply from Libya and Russia eased supply concerns.

Sensex rises 284 pts, Nifty tops 16,600; IndusInd jumps 8%, Bajaj Fin 3%

CLOSING BELL: Among sectors, the Nifty PSB index rose 1.56 per cent, while the Nifty Pharma slipped 0.4 per cent

Levy on fuel exports slashed; govt exempts SEZs from windfall tax

Move to benefit RIL, ONGC and Oil India

Oil prices slip ahead of US inventory data as fuel demand weakens

(Reuters) -Oil prices fell over $2 a barrel on Wednesday before recouping some losses, under pressure from global central bank efforts to limit inflation and ahead of an expected buildup in U.S. crude inventories as fuel demand weakens.

Gold eases as dollar gains, recession fears ebb; silver rises 0.2%

By Arundhati Sarkar

Sensex up 630 pts, Nifty atop 16,500; ONGC, RIL, Infy, TCS top contributors

Stock market live updates: At 7:25 AM, the SGX Nifty Futures quoted at 16,512 levels, indicating a gap-up of 172 odd-points.

Windfall tax cut to normalise equity multiples of RIL, ONGC: Morgan Stanley

Centre, on Wednesday, eliminated a levy on gasoline exports and cut windfall taxes on other fuels less than three weeks after they were imposed

Bias for MCX Crude Oil still negative; Upside seems capped for Natural Gas

The MCX Crude Oil futures are likely to trade with a negative bias as long as the commodity trades below Rs 8,200. Whereas, Natural Gas futures face near resistance around Rs 604.

Govt slashes windfall tax on petrol, diesel, ATF as crude oil prices drop

Effective from July 20, Rs 6 a litre tax on petrol export has been completely scrapped

Govt cuts windfall tax on fuel exports as global crude oil prices fall

India imposed the taxes on July 1, joining a growing number of nations placing windfall levies to tap energy companies' booming profits

RIL, banks lift Sensex 246 pts, Nifty tops 16,300; Rupee ends at 79.95/$

CLOSING BELL: The steady depreciation in the value of the rupee against the US dollar is likely to prove expensive for corporate India