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Saturday, November 2, 2024
TopicCrude oil prices

Topic: Crude oil prices

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.

Ukraine’s economy is crashing. It should exit war and build itself instead

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.