Brent crude futures rose $2.38, or 2.3 per cent, to $104.96 a barrel by 0034 GMT, and US West Texas Intermediate futures were up $1.73, or 1.8 per cent, at $98.08
Arvind Panagariya advised the RBI not to worry about the rupee crossing 100 against the dollar and said depreciation is the right response to the oil shock
The 30-year US bond yield hit the highest level since 2007 on inflation concerns
The multilateral institution has urged governments to avoid broad-based subsidies and instead adopt targeted fiscal measures to manage inflation and protect vulnerable households
From curbing gold imports and raising fuel prices to tightening currency-market rules, authorities have stepped up efforts to conserve dollars, with the rupee hitting a new low Tuesday
The rupee weakened to a fresh low against the dollar amid elevated crude oil prices, higher US Treasury yields, and continued foreign fund outflows
More attention needs to be paid to fiscal implications of the West Asian conflict for the Union and state governments
Brent futures for July delivery fell $3.01, or 2.7 per cent, to $109.09 a barrel as of 0001 GMT, while US West Texas Intermediate crude for June delivery fell $1.38, or 1.3 per cent, to $107.28
Benchmark indices recovered from sharp early losses as IT stocks rallied and foreign investors continued buying despite escalating tensions in West Asia
UTI AMC's Ajay Tyagi expects mid- and small-cap stocks to underperform large caps as valuations stay elevated and earnings growth remains uncertain
SBI report says another ₹2 depreciation wipe out oil co's gain; Bond yields harden after fuel price hike
March crude procurement costs for Indian OMCs remained steady year-on-year in dollar terms and rose only slightly from February, despite the West Asia conflict
Brent crude oil futures rose $1.32, or 1.25 per cent, to $107.04 a barrel by 0425 GMT, while US West Texas Intermediate futures were up $1.33, or 1.31 per cent, to $102.50
Brent crude futures were up 13 cents, or 0.12 per cent, to $105.76 a barrel by 0015 GMT, while US West Texas Intermediate futures rose 12 cents, or 0.12 per cent, to $101.14
Persistent importer demand, elevated crude oil prices and West Asia tensions pushed the rupee to a record closing low despite RBI intervention
Brent crude futures dropped $1.22, or 1.1%, to $106.55 a barrel at 0410 GMT while US West Texas Intermediate futures fell $1.16, or 1.1%, to $101.02
Worst-performing Asian currency in 2026, second-worst since Iran war
Brent crude futures were up 30 cents, or 0.29 per cent, at $104.51 per barrel, while US West Texas Intermediate gained 31 cents, or 0.32 per cent, to $98.38 by 0002 GMT
US West Texas Intermediate was at $99.85 a barrel, up $4.43, or 4.64 per cent
Benchmark Brent crude futures were up about 1 per cent to $101 a barrel, while European stocks fell 0.9 per cent