Friday, May 27, 2022
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Crude Oil

Key Things To Know Before Markets Open On Wednesday

Key Things To Know Before Markets Open On Wednesday

On Tuesday, after early gains, the Sensex slipped 236 points or 0.43 per cent to settle at 54,052 points, whereas the Nifty 50 Index dropped 89.55 points or 0.55 per cent to end at 16,125. 

25 May 2022
Crude Oil Price At $110/Barrel Not Sustainable, Says Hardeep Singh Puri

Crude Oil Price At $110/Barrel Not Sustainable, Says Hardeep Singh Puri

International oil prices spiked this year, hitting a near 14-year high of USD 140 a barrel in March, after Russia's invasion of Ukraine exacerbated supply...

24 May 2022

India's Crude Oil Production Falls 1% In April

India produced 2.47 million tonnes of crude oil in April, down from 2.5 million tonnes in the same month last year

Stock Market Today: Sensex Opens On A Flat Note, Nifty Below 16,300 Amid Weak Global Cues

Stock Market Today: Sensex Opens On A Flat Note, Nifty Below 16,300 Amid Weak Global Cues

At 9:18 am, Sensex advanced 123 points or 0.23 per cent at 54,411, whereas Nifty 50 Index advanced 0.2 per cent at 16,247. 

24 May 2022

Key Things To Know Before Markets Open On Tuesday

On Monday, the Sensex closed at 37.78 points or 0.07 per cent lower at 54,288, whereas the Nifty 50 index dipped 51.45 points to end at 16,214.

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16 May 2022
Petrol Sales Up 14%, Diesel Sales Surge 1.8% In May

Petrol Sales Up 14%, Diesel Sales Surge 1.8% In May

April saw consumption drop due to a Rs 10 per litre hike in petrol and diesel prices after an over four-month hiatus.


15 May 2022
Saudi Oil Giant Aramco's Profits Surge 80% In First Quarter

Saudi Oil Giant Aramco's Profits Surge 80% In First Quarter

The bumper first-quarter earnings by the firm formally known as the Saudi Arabian Oil Co show a record net income of $39.5 billion, up from $21.7 billion...


10 May 2022
Indices Open With Marginal Gains; Sensex Up 106 Points, Nifty Above 16,300

Indices Open With Marginal Gains; Sensex Up 106 Points, Nifty Above 16,300

Barring Reliance, Tata Steel, Infosys, ICICI Bank, Wipro, and Titan, all other stocks opened in green with Asian paint gaining up to 3.3 per cent. 


05 May 2022
Europeans Weigh Costs Of Cutting Russian Energy Over Ukraine

Europeans Weigh Costs Of Cutting Russian Energy Over Ukraine

Governments are trying to replace energy supplies from Russia, mindful that their regular payments are funding a war that has seen thousands of civilian deaths...


05 May 2022
RBI Failed In Convincing Government For Supply-Side Measures To Fight Inflation, Will Work Alone Now: Sources

RBI Failed In Convincing Government For Supply-Side Measures To Fight Inflation, Will Work Alone Now: Sources

The RBI, which is mandated to ensure inflation is under 6 per cent, acted with a 0.40 per cent increase in repo rate to check prices before they went...


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04 May 2022
India's Oil Import From Russia Is Minuscule: Government

India's Oil Import From Russia Is Minuscule: Government

India, it said, has been constrained to pay ever-increasing prices charged by certain oil suppliers, which is leading India to diversify its sources of...


04 May 2022
EXPLAINED: What's The Impact If Europe Cuts Off Russian Oil?

EXPLAINED: What's The Impact If Europe Cuts Off Russian Oil?

Gas and oil have kept flowing even as governments denounce the war. The EU sends $450 million a day to Russia for oil and $400 million per day for natural gas


01 May 2022
Fuel Sales Growth Moderates In April On High Prices

Fuel Sales Growth Moderates In April On High Prices

Petrol sales growth moderated to 2.1 per cent in April when compared with the same period in the preceding month, while diesel demand was almost flat.


28 April 2022
Why Modi Should Not Ask States To Reduce VAT On Petrol And Diesel

Why Modi Should Not Ask States To Reduce VAT On Petrol And Diesel

In a virtual interaction with chief ministers on Wednesday, the Prime Minister pointed out that many states had not heeded the advice of the Centre to bring...


21 April 2022
EXPLAINER: What's The Impact If Europe Cuts Off Russian Oil?

EXPLAINER: What's The Impact If Europe Cuts Off Russian Oil?

The EU sends $450 million a day to Russia for oil and $400 million per day for natural gas, according to calculations by analysts at the Bruegel think tank in...


20 April 2022
Despite USA Warning, India Doubles Down On Oil Purchase From Russia: Report

Despite USA Warning, India Doubles Down On Oil Purchase From Russia: Report

The development comes after US President Joe Biden, last week, assured his Indian counterpart Prime Minister Narendra Modi that the USA will help India to...


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20 April 2022
India's Crude Oil Production Drops By 2.6% In FY22

India's Crude Oil Production Drops By 2.6% In FY22

India's crude oil production has been on a decline during the past few years. From 35.7 million tonnes in 2017-18, it fell to 34.2 million tonnes in the...


18 April 2022
Wholesale Inflation Surges To Record High Of 14.5% In March

Wholesale Inflation Surges To Record High Of 14.5% In March

Inflation last month was 13.11 per cent, while wholesale inflation in March last year stood at 7.39 per cent.


16 April 2022
Vedanta Calls For Corporatisation Of Defence PSUs

Vedanta Calls For Corporatisation Of Defence PSUs

Stating that there is a huge outgo in terms of imports of oil and defence products in India, Agarwal remained bullish about oil and gas output from India as it...


03 April 2022
Petrol, Diesel Prices Hiked By 80 Paise; Check Fuel Rates Here

Petrol, Diesel Prices Hiked By 80 Paise; Check Fuel Rates Here

Petrol in Delhi will now cost Rs 103.41 per litre as against Rs 102.61 previously, while diesel rates have gone up from Rs 93.87 per litre to Rs 94.67


02 April 2022
India’s Oil Import From Russia Is Much Ado About Nothing

India’s Oil Import From Russia Is Much Ado About Nothing

Warding off pressure from the US government, finance minister Nirmala Sitharaman has categorically said that in national interest, India will continue to buy...


01 April 2022
India To Continue Oil Purchases From Russia: Sitharaman

India To Continue Oil Purchases From Russia: Sitharaman

India has already started buying oil from Russia, Sitharaman said, adding that the transition to gas was challenging as supplies had reduced


31 March 2022
Core Sector Growth At 5.8% In February 2022

Core Sector Growth At 5.8% In February 2022

The eight core sectors include coal, crude oil, natural gas, refinery products, fertilizers, steel, cement, and electricity.


30 March 2022
Petrol, Diesel Prices Hiked By 80 Paise; Total Increase Now Stands At Rs 5.60

Petrol, Diesel Prices Hiked By 80 Paise; Total Increase Now Stands At Rs 5.60

Petrol in Delhi will now cost Rs 101.01 per litre as against Rs 100.21 previously while diesel rates have gone up from Rs 91.47 per litre to Rs 92.27.


29 March 2022
Record Fuel Price Hike Due To Spike In Oil Prices: Nirmala Sitharaman

Record Fuel Price Hike Due To Spike In Oil Prices: Nirmala Sitharaman

Petrol and diesel prices have been hiked by Rs 4.80 per litre since March 22 -- a record increase in any eight days since the daily price revision was...


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