Search For "oil price"
Every $10 per barrel rise in crude oil prices can shave about 0.5% off Ind
Updated : 1 week, 3 days ago IST
Every USD 10 per barrel increase in global crude oil prices could reduce India's GDP growth by about 0.5 per cent and add pressure on economic activity, inflation and currency stability, given the country's heavy reliance on imported crude, Vandana Bharti, Research Head - Commodity, SMC Glob
Read More
IT, oil and gas sectors show caution amid AI disruptions, West Asia confli
Updated : 1 week, 3 days ago IST
The IT services sector is facing challenges due to Artificial Intelligence (AI), with investors expressing concerns about job losses and the transition period. However, other sectors like real estate, autos, and domestic pharma companies showed more positive outlooks, with some showing stead
Read More
India's BoP outlook faces risks from West Asia crisis; CAD seen at 1.1-1.5
Updated : 1 week, 3 days ago IST
India's external sector outlook remains broadly manageable but faces rising risks from geopolitical developments in West Asia that could push up crude oil prices and widen the current account deficit (CAD), according to a recent research note by Yes Bank. The report noted that India recorded
Read More
Rupee recovers to 91.58/USD from all-time low, experts flag suspected inte
Updated : 1 week, 3 days ago IST
The Indian rupee recovered on Thursday after hitting an all-time low of 92.31 against USD, though currency experts believe the domestic currency is likely to remain under pressure due to ongoing geopolitical tensions and elevated crude oil prices.
Read More
"Current environment is very fragile; geopolitical risk re-emerged": Kotak
Updated : 1 week, 4 days ago IST
Sumit Pokharna, VP-Fundamental Research at Kotak Securities, says the situation is "very fragile" and could persist for weeks.
Read More
Rupee to face continued depreciation pressures: Kotak Securities
Updated : 1 week, 4 days ago IST
Anindya Banerjee, Head of Commodity and Currency Research at Kotak Securities, on Wednesday stated that with crude oil prices remaining elevated, the rupee is likely to face continued depreciation pressures.
Read More
Asia most vulnerable to oil price rise, prolonged West Asia conflict to in
Updated : 1 week, 5 days ago IST
Asia remains the most vulnerable region globally to sustained increases in oil prices due to its heavy reliance on imported energy and high trade openness, asserted a report by Invesco headlined 'Middle East Tensions - Impact on Asia.'
Read More
War would impact world economies; it should stop: BJP leader Dilip Ghosh o
Updated : 1 week, 5 days ago IST
West Bengal leader Dilip Ghosh on Wednesday expressed serious concern over the military escalation in the Middle East and underlined the long term impact of the joint US-Israel strikes and retaliatory strikes of Iran on the global economy and oil prices.
Read More
Sustained rise in oil prices negative for Asian stocks, policymakers may e
Updated : 1 week, 5 days ago IST
If the oil prices move higher it would be negative for Asian stocks, but if the ongoing conflict ends relatively quickly, any adverse impact on markets is likely to be short-lived, according to a report by Invesco.
Read More
Crude may cross USD 100/bbl if oil infrastructure disrupted amid ongoing W
Updated : 1 week, 6 days ago IST
Crude oil prices may surge above the USD 100 per barrel threshold if there is any structural disruption to oil infrastructure amid the ongoing military escalations in West Asia, according to a report by ICICI Bank.
Read More
Israel-Iran escalation may rattle Indian markets; oil spike biggest risk:
Updated : 1 week, 6 days ago IST
The escalation of the Israel-Iran conflict, marked by the reported killing of Iran's Supreme Leader Khamenei, is set to impact Indian equity markets through trade flow disruptions and a spike in crude oil prices.
Read More
"Within next 7-10 days, things will begin to stabilise": Energy expert pro
Updated : 2 weeks ago IST
Energy policy expert Narendra Taneja expects stability to return within 7 to 10 days, as he predicts the US and Israel would likely call for diplomatic negotiations after their objectives are met.
Read More