Crude prices fall below $100; here’s how oil stocks reacted
Adani Total Gas declined 4%, followed by Reliance Industries, HPCL, GAIL, and IGL, which dropped up to 2%
crude oil price
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Brent crude hits $124 per barrel as EU agrees to ban 90% of Russian oil
The European Council agreed to immediately cut 75% of Russian oil imports.
No plan to buy Russian crude in rupees: Centre
As per the Petroleum Planning & Analysis Cell (PPAC) data, India imported only 0.2% of its crude oil import from Russia till January in the current fiscal.
Russia-Ukraine war: Soaps, detergents, edible oils to be expensive
The worst hit is likely to be edible oil where there are even chances of a short supply.
Ukraine, spiralling crude headwinds to financial stability: Sitharaman
FM Sitharaman said that the FSDC meeting agreed that crude and the 'international worrisome situation' pose challenges to the domestic financial stability.
