Oil Price News
India not worried about possible US sanctions on Russian oil imports: petroleum minister
President Donald Trump recently said the US could impose 100% tariffs on Russia and “secondary tariffs” on countries importing its oil – mainly China and India – if Moscow didn't agree to a deal to end the Ukraine war in 50 days.
2 min read17 Jul 2025Global markets fall on latest tariff developments
U.S. stock futures were lower at the start of a week when inflation data and big bank earnings roll in.
2 min read14 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 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 2025Home bias has most definitely strengthened, says Vinay Jaising of ASK Private Wealth
The US and India VIX have dropped, crude has corrected faster than expected, and dollar index has weakened, while the rupee remains stable. That's why India is relatively insulated, says Vinay Jaisingh of ASK Private Wealth
7 min read30 Jun 2025Sensex today rises 300 points, extends rally to 4th day; Nifty above 25,600; OMCs outperform
Indian equities rose for the fourth consecutive day on June 27, with Nifty 50 gaining 86.35 points and Sensex up 303 points. Easing Middle East tensions and falling crude oil prices contributed to over 2% weekly gains for both indices, while broader markets also did well.
3 min read27 Jun 2025Yergin: $40 oil isn’t happening. Where energy is headed after Iran.
Energy analyst Daniel Yergin gives his outlook for oil, gas, and other other markets in the wake of the Middle East turmoil.
5 min read27 Jun 2025Crude oil prices rise on US demand uptick, China stimulus hopes
An inventory drop in the US and fresh economic support measures from China drive crude oil prices higher, even as Middle East tensions ease.
1 min read27 Jun 2025Sensex gains 1000 points, Nifty 50 above 25,500; why did the Indian stock market skyrocketed today? EXPLAINED
The Nifty 50 climbed 285 points, or 1.10%, to reach a 9-month high of 25,529, while the Sensex jumped 808 points, or 1%, to hit 83,689, a level not seen since October 2024. Both indices are now trading just 2.5% below their September peaks.
3 min read26 Jun 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