-
OPEC+ move: What does it mean for petrol, diesel prices?
OPEC+ last year decided to withdraw 9.7 million barrels per day (bpd) from the market amid a pandemic-induced slump in demand
-
OPEC+ meet called off: Will it impact fuel prices in India?
A failure to resolve a rare standoff between the UAE and Saudi Arabia could push global crude oil prices up further
-
OPEC+ summit could lead to a modest rise in oil output
The cost of crude oil has surged back to levels last seen in October 2018, which would normally support arguments in favour of boosting production.
-
Eight core sectors’ output rises 16.8% in May
Output of eight core sectors grew by 16.8% in May, due to a low base effect and uptick in production of natural gas, refinery products, steel, cement
-
WPI inflation hits all-time high of 12.94% in May
This is the fifth straight month of uptick in the WPI inflation
-
Crude spikes on firm demand hopes, MCX Futures above Rs 5,200
World oil supply is expected to grow at a faster rate in 2022, with the US driving gains of 1.6 mb/d from producers outside the OPEC+ alliance.
-
Markets may consolidate; where to invest now?
Next week’s US FOMC meeting would keep the market volatile though they have already hinted at keeping interest rates to near zero levels
-
Exports up 52.39% to $7.71 billion during June 1-7
Imports have grown by about 83% to $9.1 billion during June 1-7.
-
Petrol, diesel rise after pause of two days; check rates in top cities
The auto fuel prices touched a new all-time high on Friday, with petrol becoming costly by 27 paise and diesel by 28 paise per litre
-
Eight core sectors’ output skyrockets by 56.1% in April
According to data, production of natural gas, refinery products, steel, cement and electricity jumped by 25%, 30.9%, 400%, 548.8% and 38.7% in April
