oil prices


Rupee suffers 43 paise knock to end at life-time low of 69.05 against dollar

Jul 19 2018

The rupee today took a hard 43-paise knock to close below the 69 level for the first time at a historic low of 69.05 against the US currency as upbeat comments on the US economy by the Federal Reserve chairman drove the greenback to one-year high levels higher against global currencies.

Stocks end subdued in cautious trade

Jul 19 2018

Sensex ended lower by 22.21 points at 36,351.23, while the NSE Nifty shed 23.35 points to 10,957.10.

Rupee pulls away from 2-week high, down 17 paise at 68.62

Jul 18 2018

The rupee fell back sharply from a two-week high, depreciating by 17 paise to end at 68.62 against the US currency on renewed dollar demand from banks and importers even as crude oil hovered near its multi-month lows.

Govt to revisit AI stake sale plan after oil prices, forex rates stabilise

Jul 18 2018

The govt said it would revisit the AI disinvestment plan after oil prices, foreign exchange and other global economic indicators stabilise.

Stocks hit one-month high, dollar puts squeeze on gold

Jul 18 2018

World stocks hit a one-month high on Wednesday as a bullish outlook from the head of the U.S. central bank and rising company earnings buoyed the mood, lifted the dollar and sent safe-haven gold to a one-year trough.

Rupee bounces 12 paise to end at 2-week high as crude oil ebbs

Jul 17 2018

The rupee today bounced back to settle at a fresh two-week high of 68.45 against the US currency, gaining 12 paise as crude oil prices beat a hasty retreat, easing inflation and trade deficit worries.

Boeing lifts industry demand forecast as air show deals roll on

Jul 17 2018

Boeing raised its 20-yr industry forecast for passenger and cargo aircraft, as a steady flow of deals on day two of Farnborough Airshow underscored the industry’s resilience to rising global trade tensions.

Goldman Sachs expects volatile oil market, prices between $70 and $80 per barrel

Jul 17 2018

Goldman said it expects Brent to retest $80 per barrel, although this may occur only late this year depending on US oil policies.

Rupee snaps 3-day rise as rising inflation fans rate hike fears

Jul 16 2018

The rupee retreated from a near two-week high and ended lower by 4 paise at 68.57 against the US currency, snapping a three-session recovery trend due to renewed dollar demand.

Wall Street: Weak oil prices offset Bank of America-led earnings optimism

Jul 16 2018

U.S. stocks were trading flat on Monday as a sharp drop in crude oil prices weighed on energy companies, offsetting a rebound in financials stocks after Bank of America’s strong results reinforced expectations of a strong earnings season.

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