Nitin Gadkari justified the hikes in fuel prices, thrice in the last four days, saying the oil prices had gone up within the international market owing to the ongoing Russia-Ukraine war
A huge plume of black smoke was seen rising in Jeddah where oil giant Aramco has several oil facilities, witnesses said on Friday
Brent crude fell $1.29, or 1.1%, to $117.74 a barrel at 1049 GMT and U.S
With global stockpiles at their lowest since 2014, analysts said the market remained vulnerable to any supply shock
The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving for oil
CLOSING BELL: Titan Company, Tech M, Maruti Suzuki, Cipla, IOC, Nestle India, Hero MotoCorp, Eicher Motors, L&T, TCS, Wipro, and Tata Steel were the top laggards
Belgium's PM that European leaders would discuss measures to reduce the impact of high energy prices on consumers as the war in Ukraine was "ruining" the EU's population
Oil prices fell about a $1 on Friday as the United States and allies considered releasing more oil from storage to cool markets and as traders faced higher costs for trading benchmark Brent futures.
U.S West Texas Intermediate (WTI) was down $2.10, or 1.8%, at $112.82 a barrel
Benchmark Brent was up 0.3% at $121.95 a barrel by 1111 GMT, after falling by close to $2 earlier in the session
Europe's main stock indexes barely budged and government bond yields edged up toward multi-year highs hit earlier in the week as March PMI data came in reassuringly robust
CLOSING BELL: Dr Reddy's Labs (up nearly 5 per cent) was the top Nifty gainer today, followed by Coal India, Hindalco, Cipla, NTPC, JSW Steel, Tech M, and RIL
World shares were mostly lower Thursday following a retreat on Wall Street as leaders prepared to meet in Europe to discuss the Ukraine crisis
Crude prices declined in volatile trading on Thursday as investors assessed the potential for new supply in the tight markets amid prospects of a new Iran deal
Asian shares fell on Thursday, while the sell-off in U.S. Treasuries paused and oil prices rose, as investors and traders weighed the latest developments in the Ukraine war
A steep rise in the cost of services and consumables is prompting those in the restaurant, travel, and hotel business to revise their rate cards by 10-20% in the coming weeks
The CPC pipeline carries around 1.2 million barrels per day of Kazakhstan's main crude grade, which accounts for 1.2% of global demand
CPC exports stopped fully on Wednesday and repairs will take at least one and a half months
CLOSING BELL: HDFC, Bharti Airtel, Cipla, Britannia, Sun Pharma, Maruti, and Bajaj Auto were the major drags today
Oil prices retreated on Tuesday after a jump in the prior session, as traders are weighing the prospect of a European Union (EU) ban on imports of Russian oil