Oil price

Low crude prices offer a strategic handle for India

2 min read . 11 Feb 2020

World shares fell Monday as financial markets were rattled by escalating tensions in the Middle East following the killing by a US air strike of an Iranian general. (AP)

Global tensions rock India’s pricey and delicately poised stock market

2 min read . 07 Jan 2020

Any increase in crude oil price is always a cause for concern, considering India imports more than 80% of its oil requirements..

Global tensions may put pressure on oil import bill

2 min read . 03 Jan 2020

Since 1 April, the rupee has weakened over 3% against US dollar

Rupee closes six week low as crude prices jump

1 min read . 03 Jan 2020

West Texas Intermediate for January delivery fell 30 cents, or 0.5%, to $58.90 a barrel on the New York Mercantile Exchange as of 11:32 am in Singapore. (Photo: Reuters)

Oil near 12-week high after Saudi Arabia surprise with output curbs

2 min read . 09 Dec 2019

The global benchmark crude traded at a $5.21 premium to WTI. (Photo: Bloomberg)

Oil pares weekly gain as investors weigh trade deal progress

1 min read . 08 Nov 2019

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

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