Oil price

Russian Energy Minister Alexander Novak said oil prices were stable for now but the market outlook was uncertain. (Bloomberg)

Crude oil prices rise today breaking a 6-day drop

1 min read . 02 Oct 2019

China and India are the world’s second and third largest crude oil importer, respectively (Reuters file)

India, China move to set up buyers’ bloc as uncertainties grip energy markets

3 min read . 01 Oct 2019

The cost of the Indian basket of crude, which averaged $47.56 and $56.43 a barrel in FY17 and FY18, respectively, was at $59.35 in August (Reuters file)

Saudi Arabia warns of ‘unimaginably high’ oil prices

2 min read . 30 Sep 2019

The allocation to gold in an investor’s portfolio should ideally be part of the asset allocation made from the point of diversification (Reuters file)

Use gold to stabilize the portfolio

2 min read . 20 Sep 2019

In the immediate aftermath of the Aramco strike, US oil futures spiked 14.7%, the biggest spike in the last 10 years (Reuters file)

The Corporate Outsider

Opinion | India’s oil dependence exposed again by Aramco strike

5 min read . 18 Sep 2019

A fall in crude oil prices may offer some respite from the heavy sell-off seen in the last two days of trade (Mint file)

Equities seen choppy ahead of US Fed meet outcome; crude prices fall

1 min read . 18 Sep 2019

BSE Sensex plunged 642.22 points, or 1.73%, to 36,481.09 on Tuesday (Photo: Bloomberg)

A lost year for markets as all 2019 gains erased

3 min read . 17 Sep 2019

Oil prices sink 5% as quick Saudi output recovery seen

2 min read . 17 Sep 2019

Investors are panicking due to fears that crude may rise further, says an analyst (Photo: Reuters)

Investor wealth plummets ₹2.72 tn in two days of market fall: 5 things to know

4 min read . 17 Sep 2019

So far this year, the Sensex has gained 1.14% (Mint file)

Sensex slumps 650 points on oil price jitters, geopolitical turmoil

3 min read . 17 Sep 2019

High oil prices will further hit business and consumer confidence that already are fragile amid the US-China trade dispute. Bloomberg

Spike in oil prices couldn’t come at worse time for a slowing world economy

2 min read . 17 Sep 2019

Saudi Aramco has assured India that it will honour its supply contracts despite the production cuts. (Photo: Reuters)

Oil spike fuels fresh growth worries

5 min read . 17 Sep 2019

Das said the monetary policy committee would continue to focus on growth with inflation expected to stay within the medium term target. (Photo: Mint)

Current account under threat if oil surge continues, says Shaktikanta Das

1 min read . 16 Sep 2019

The Indian economy is the midst of a sharp slowdown with the GDP growth in the April-June, 2019 coming in at just 5%, a six-year low.

Oil price shock may not lead to sustained inflationary pressure

2 min read . 16 Sep 2019

While shares of ONGC may not have risen enough, shares of OMCs may not have fallen enough. (Photo: Reuters)

India adds a twist in the tale as oil stock prices adjust to Saudi shock

3 min read . 16 Sep 2019

Sensex today fell over 250 points while rupee fell to 71.42 a US dollar

How Sensex, Nifty could be impacted by the surge in oil prices

3 min read . 16 Sep 2019

International benchmark Brent crude futures soared $11.73, or 19.48% to $66.91 per barrel. (Photo: Reuters)

Crude oil surges 20% on Aramco drone strikes

1 min read . 16 Sep 2019

Smoke seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia on Saturday. (Photo: Reuters)

Oil prices jump the highest ever after attack cuts Saudi Arabian supplies

3 min read . 16 Sep 2019

Opec’s August report had forecast oil demand to grow by 1.1 mbpd, which was lower by 0.04 mbpd from the July prediction

Oil’s problem of plenty in Opec’s forecast for 2020

2 min read . 12 Sep 2019

OPEC, Russia and other producers have since January 1 implemented a deal to cut output by 1.2 million bpd (Reuters file)

OPEC cuts 2020 oil demand forecast, urges effort to avert new glut

2 min read . 12 Sep 2019