Crude News
Rupee rises 26 paise to close at 85.68 against US dollar
Rupee rises 26 paise to close at 85.68 against US dollar
1 min read8 Jul 2025Mint Quick Edit | Opec’s scramble is doing India a good turn
The oil cartel plans to increase supply yet again in a lunge for market share as crude prices sag. This suits India fine.
1 min read8 Jul 2025Tariff headlines and moving deadlines
GLOBAL-MARKETS/TRADING-DAY:Tariff headlines and moving deadlines
3 min read8 Jul 2025Crude oil prices fall after OPEC hikes August output more than expected; MCX crude drops nearly 2%
Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came under pressure as US officials flagged a delay on tariffs but failed to provide details on the change.
1 min read7 Jul 2025Oil prices fall 1% as OPEC+ announces increase in output
Members to raise production by 548,000 bpd in August, reversing cuts faster than expected; S&P says supply will outstrip demand by 1.2 million bpd in H2 2025.
2 min read7 Jul 2025Oil Drops as Larger OPEC Supply Increase Raises Glut Concerns
Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
1 min read7 Jul 2025Saudis Raise Main Oil Prices for Asia a Day After OPEC Hike
Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output hikes, suggests the kingdom is confident about the market.
2 min read6 Jul 2025Rupee rises 16 paise to close at 85.39 against US dollar
Rupee rises 16 paise to close at 85.39 against US dollar
1 min read4 Jul 2025Oil prices fall nearly 1% on US demand concerns
US crude inventories rise, gasoline demand weakens during peak driving season; global prices fall after brief jump on Iran tensions. India sees stable oil import bill for now.
2 min read3 Jul 2025Mint Quick Edit | An American tariff of 500%? Absurd and unfair
That’s what Indian exports could be slapped with as a punitive US duty if a big ugly bill gets passed and India doesn’t quit buying Russian oil. Second order sanctions must stop.
1 min read3 Jul 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared