scorecardresearch
Wednesday, April 23, 2025
TopicCrude oil prices

Topic: Crude oil prices

Rupee pressure likely to persist for now. Flexibility may be apt strategy for RBI to counter uncertainty

Rupee had a major fall this week, led by strong US macro data, rising crude prices. China's currency moves, Japan’s possible rate hike & domestic growth concerns may maintain pressure.

India’s resilient economy faces risks from Red Sea, higher US inflation & patchy recovery in China

The domestic economy continues to show resilience as reflected in the robust growth projections for the coming year. However, global challenges could pose headwinds...

Pricier oil, further rupee fall, trade disruptions — how a prolonged Israel-Hamas war could hurt India

If the war is over within two weeks, the impact on India will likely be restricted to the stock market. Any longer, and the spillover could be broader.

Global crude oil prices increase as Israel-Hamas conflict enters third day

For India, which is a large importer of crude oil from various sources, this latest price pressure be a headache for policymakers.

Rising oil prices, falling profitability, yet two oil companies send Rs 2,600 crore dividend to govt

Oil marketing companies earned profits by not reducing fuel prices despite falling crude oil prices earlier. Analysts say they should have kept profits as buffer, with oil prices on rise again.

Oil prices fall for the second time in a week post Saudi Arabia’s decision to cut output

Oil prices rose last week as Saudi announced to cut its oil output by 1 million barrels a day to support flagging crude oil prices.

OPEC+ to cut oil production by 1.15 million barrels a day. What it means for India

Announcement by oil-producing cartel Sunday sent global markets into flux, with crude prices surging high. Experts say India will only feel effects in medium to long term.

Industrial closures add to growing signs of stress in Europe’s economy

Economic concerns are to take precedence before the EU can form consensus on further assistance to Ukraine.

Production cut on the cards as OPEC+ gears up for 1st in-person meet since pandemic, Ukraine war

Russia, backed by Saudi Arabia, has been lobbying for the 23-member group to cut oil supplies by 1 million barrels per day.

Amidst rising crude prices, a strong dollar poses problems

Crude has risen 70% in the past year while the dollar has gained just 10%, spawning balance-of-payments crises in many oil-importing nations.

On Camera

‘If you want to go to war, then select Amarjeet Singh Kalkat as Chief of Army Staff’

In IPKF GOC Gen Kalkat’s passing today, the Army lost a veteran with the unusual qualities of cerebral soldiering, impeccable manners, a personal style that is gradually becoming endangered, and above all, a sense of humour.

Trump tariffs led to a brokerage firm seeing 400% more investments in US stocks. What’s the rush about

A relatively newer player in Indian brokerage space, Gurugram-based INDmoney is the 11th largest firm in the country & the fastest growing, according to NSE.

Farewell Gen Kalkat, decorated Army officer who marched through Chhamb, led IPKF in Sri Lanka

The veteran of Battle of Chhamb in 1971 and architect of Operation Pawan in Sri Lanka, Gen Kalkat was first recipient of India’s highest wartime service medal.

Abki baar 75 paar—Modi isn’t going anywhere & the Opposition is all out of ideas

Are freebies the way forward for the Opposition? Anything they promise, Modi will improve on the offer. And since he has the power of the incumbent, his promise will be taken more seriously.