• Tag results for crude oil

India may lock in crude oil prices in future to stem rupee slide

The rupee, Asia's worst performing currency this year, has depreciated about 12 per cent year-to-date against the U.S. dollar, closing at 72.39 on Wednesday, after a record low of 72.99 on Tuesday.

published on : 21st September 2018

Need to propel biofuel production to curb crude oil imports: Nitin Gadkari

 The minister also stressed the need for promoting waterways as a mode of transportation urging investors to come up with offers for plying catamarans and seaplanes.

published on : 14th September 2018

States to get Rs 22,700 crore windfall from rupee plunge, crude oil price spike

The rupee plumbed a new life-time low of 72.73 to a dollar, falling 28 paise Tuesday on strengthening American currency as crude prices went past the USD 78 a barrel mark.

published on : 12th September 2018

Indian bonds, rupee slump as emerging markets come under global pressure

Heightened fears that Washington will slap fresh trade tariffs on China also saw investors seek safety in the dollar and pull out of emerging market currencies.

published on : 10th September 2018

Oil prices climb as US drilling stalls, Iran sanctions loom

While Washington exerts pressure on other countries to also cut imports from Iran, it is also urging other major producers to raise their output in order not to create too strong of a price hike

published on : 10th September 2018

Consumer staples set to burn a hole in your pocket this October

If you think that the extortionate fuel prices is weighing heavy on wallet, brace yourself for a volley of price hikes this October that will burn a hole in your pocket.

published on : 10th September 2018

Chennai Port starts handling very large crude oil carriers

CPT Chairman P Raveendran said the very large crude oil tanker MV New Diamond with a Panama flag arrived here from Iraq, marking a significant milestone in the 137-year-old history of the Port.

published on : 31st August 2018

India seeks revision in gas price from Turkmenistan-Afghanistan-Pakistan-India​ pipeline

Leaders of the four countries performed the ground-breaking of the project in December 2015 but the project hasn't moved significantly since then.

published on : 22nd August 2018

Oil prices steady on falling US crude stocks and Iran sanctions

The US government introduced a raft of new sanctions against Iran on Tuesday, targeting Iran's purchases of US dollars - in which oil is traded - metals trading, coal, industrial software and auto.

published on : 8th August 2018

Has taken note of US sanctions on Iran: Oil Minister Dharmendra Pradhan

The Trump administration is piling pressure on India, China, and other buyers to end all imports of Iranian oil by a November 4 deadline.

published on : 25th July 2018

Iran pips Saudi Arabia to become India’s second largest oil supplier

The disclosure comes even as sources say the Indian government has instructed oil public sector undertakings (PSU) to be ready for a shortfall in Iranian supplies.

published on : 24th July 2018

Asia stocks sag after oil slides, dollar steady before Jerome Powell's congressional testimony

Concerns over China's second-quarter economic growth also weighed on oil prices.

published on : 17th July 2018

Pricey crude oil widens trade deficit

The rising trade deficit is a matter of concern, especially with India's currency already weak and a rising current account deficit would exacerbate the government's fiscal deficit challenges.

published on : 13th July 2018

BPCL buys U.S. Mars crude oil for September

The last time BPCL bought high-sulphur Mars crude oil from the United States was in July.

published on : 4th July 2018

Crude, rupee & global trade concerns to determine market this week

The key determinant, however, is set to be crude oil. Any continued increase would see a heavy impact on the Indian market.

published on : 2nd July 2018
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