Brent crude hits a month low, but petrol, diesel prices remain steady
Brent crude oil price has fallen 9.2% in the last two days to $78.01 per barrel, the lowest level since December 12, 2022.
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Currency depreciation may raise risk of food, energy crisis: World Bank
After surging by about 60% in 2022, energy prices are projected to decline 11% in 2023 amid concerns of an impending global recession, the World Bank says in a report.
Soft opening seen for Sensex, Nifty; Tech Mahindra, L&T, Bajaj Auto, Tata Power shares in focus
The Sensex and Nifty are poised to open on a muted note on Tuesday, tracking mixed cues from global peers and weak trends on SGX Nifty.
Sharp drop in crude oil prices poses upside risks for OMCs: Report
ICICI Securities has downgraded state-owned oil retailer HPCL to “REDUCE” from “ADD”, BPCL to “ADD” (from “BUY”), while it retained “BUY” call on IOCL.
Fuel prices see 8th rise in 9 days, diesel crosses ₹100-mark in Mumbai
Petrol, diesel price today: Petrol in Mumbai will now cost ₹115.88 per litre, while diesel rates shot up to ₹101.10 a litre.
Ukraine crisis: Govt will use oil reserves to curb volatility, says Fin Min
The government is committed to use the deploy strategic petroleum reserves to contain market volatility, says the finance ministry.
Russia warns of $300 a barrel crude oil as US bans imports
Brent crude – the international benchmark – is trading above the $130 per barrel mark.
Why are airline stocks SpiceJet and IndiGo down today?
Shares of airline companies IndiGo and SpiceJet fell up to 3% in the opening after jet fuel prices were hiked by 3.3% to all-time high levels on Tuesday.
