Latest News for: Oil trading

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Iran-Israel conflict: Escalation could cast shadow on India’s oil trade

Financial Express 16 Apr 2024
Apart from inflationary pressures, high oil prices have implications for India\u2019s trade balance, foreign exchange reserves, the value of the rupee, and the overall health of the economy.
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Crude oil gains as market awaits Israel’s response to Iran attack

Business Line 16 Apr 2024
Crude oil futures traded higher on Tuesday morning as the market awaited Israel’s response to the recent attacks by Iran.
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Oil prices rise amid Middle East tensions

Live Mint 16 Apr 2024
International crude oil prices traded higher on Tuesday amid ongoing tensions between Iran and Israel and the resultant volatility in the global energy market.At 10.05 am, the June contract of Brent ...
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Sensex, Nifty open lower; Senco Gold, Hi-Tech Gear jump 10%

Business Line 16 Apr 2024
Nifty oil & gas, media, auto, metal, consumer durables, FMCG, and pharma traded positively as of 9.38 am.
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Rupee falls to a record low of 83.51 against US dollar

Hindustan Times 16 Apr 2024
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices ... Brent crude futures, the global oil ...
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Rupee falls 9 paise to 83.53 against US dollar in early trade

Business Line 16 Apr 2024
... early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
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Biden's administration unlikely to cut Iran's oil lifeline

LBC International 16 Apr 2024
Iran's unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran's oil exports from the Biden administration due to worries about boosting oil prices and angering top buyer China, said analysts.
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Why Joe Biden won't cut Iran's oil lifeline after Israel attack

Hindustan Times 16 Apr 2024
Iran's unprecedented missile and drone strike on Israel is unlikely to prompt dramatic sanctions action on Iran's oil exports from the Biden administration due to worries about boosting oil prices and angering top buyer, China, said analysts.
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Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict

NDTV 16 Apr 2024
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices ... .
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Crisis in Middle East affecting interest rates

Philenews 16 Apr 2024
In this case, we will see an escalation of prices, not only of oil but also of natural gas, which will push Europe’s inflation upwards ... This could result in reduced confidence for products and households for the future and disrupt global trade.
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Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US tech stocks selloff to bond yields

Live Mint 16 Apr 2024
India's goods trade deficit narrows to 11-month low of $15.6 bn in MarchOil PricesCrude oil prices gained amid elevated tensions in the Middle East after Israel vowed to respond to the attack by ...
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War drums add to economic anxiety

Deccan Herald 16 Apr 2024
Since this conflict will disrupt supplies from the Middle East, oil prices will surely rise ... As such, the disruption in the trade route of the Red Sea due to attacks by the Houthis has increased the cost of sea-borne trade.
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UAE: Grocery items’ prices likely to drop soon

Khaleejtimes 16 Apr 2024
Trade of such goods has increased substantially after the signing of the Comprehensive Economic Partnership Agreement (CEPA) ... Gold, oil set to trade higher; GCC stocks to come under pressure Updated Rera index in Dubai.
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CT residents pay the price for failure to adopt new clean air standards

The CT Mirror 16 Apr 2024
The legislature’s decision not to take up these vital clean cars and trucks programs is a victory for the oil and gas industry, their front groups like Yankee Institute, and trade associations like ...
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