Tag: crude oil prices
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Rupee hits record low again: Currency crashes 0.9% in a single day to record low of 95.31 vs US dollar
In its sharpest single-day fall in more than a month, the rupee tumbled nearly 0.9 per cent to close at a record...
Oil at $101 but could Strait of Hormuz crisis push prices to $200?
The world’s busiest oil supply passage is in a chokehold, and the ripple effects are being felt across nearly every corner of...
Windfall gains tax cut: Excise duty on diesel exports down to Rs 23/litre, ATF exports to Rs 33/litre
The windfall tax was introduced to ensure that adequate domestic supplies of petroleum products remain available. (AI image) The windfall tax on exports...
How rising crude prices amid Strait of Hormuz closure may spell gains for Indian upstream oil companies
Wars and geopolitical conflicts often have unexpected impacts for economies. Countries are struggling with tight energy supplies and companies in the Gulf...
Gold and silver outlook: Where are precious metals headed this week? Analysts answer
Precious metals gold and silver could remain under pressure in a holiday-shortened trading week as markets react to developments around US-Iran peace...
