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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Sanctions On Russia Won't Have Big Impact On Oil Prices: Indian Oil Chief
Any further sanctions against Russia will not have any impact on India's crude oil requirements and the global prices should remain stable in the $75-80 per barrel range, as all sanction fears have already been factored in, Indian Oil Chairman said.
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NDTV Explainer: How Joe Biden's Russian Oil Sanctions Can Impact India
Indian and Chinese refiners are in a quest to find new suppliers of crude as they adapt to fresh US sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
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Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
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"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
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Centre Raises Windfall Profit Tax On Crude Oil, Diesel Exports; New Rates To Apply From January 3
Tax rates were cut at the last fortnightly review on December 16, following a decline in global crude oil prices. International oil prices have since then firmed up, necessitating the raising of windfall tax.
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Rupee Plunges 21 Paise To 82.86 Per Dollar On Higher Crude Prices
Rupee Today: The rupee fell sharply against the dollar on Tuesday, driven by higher crude prices.
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Petrol Prices In India Lowest Compared To Other Countries: Union Minister
Union Petroleum minister Hardeep Singh Puri has said that petrol prices are perhaps the lowest in the country compared to other countries in view of the current global situation and international crude prices.
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India's Current Account Deficit Predicted To Widen To Over An 8-Year High In Q2: Report
Falling exports and high crude prices are set to push up current account deficit (CAD) in the second quarter to a 37-quarter high of 4.4 per cent of GDP.
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Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
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India Warns Oil Producers On Prices: "Actions Have Consequences"
Oil minister Hardeep Singh Puri said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
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India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
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Rupee Rises Sharply To 82.15 Against A Softer Dollar On Easing Fed Rate Hike Bets
The rupee rose sharply against a softer dollar on Thursday, but a surge in crude prices will cap the domestic currency's gains.
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Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
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Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
-
Sanctions On Russia Won't Have Big Impact On Oil Prices: Indian Oil Chief
Any further sanctions against Russia will not have any impact on India's crude oil requirements and the global prices should remain stable in the $75-80 per barrel range, as all sanction fears have already been factored in, Indian Oil Chairman said.
-
NDTV Explainer: How Joe Biden's Russian Oil Sanctions Can Impact India
Indian and Chinese refiners are in a quest to find new suppliers of crude as they adapt to fresh US sanctions on Russian producers and tankers that are designed to curb the revenues of the world's second-largest oil exporter.
-
Oil Prices Rise Amid Escalating Middle East Tensions
Oil prices inched up in early Asian trading hours on Friday, holding on to their strong weekly gains, as investors weighed the Middle East conflict and the potential disruption in crude flows against an amply-supplied global market.
-
"India Insulated Itself From Rising Fuel Prices By Reducing Tax": Minister
The discount on Russian crude oil is not as much now as it used to be in the initial period after the Ukraine conflict began, Oil Minister Hardeep Puri said on Friday.
-
Centre Raises Windfall Profit Tax On Crude Oil, Diesel Exports; New Rates To Apply From January 3
Tax rates were cut at the last fortnightly review on December 16, following a decline in global crude oil prices. International oil prices have since then firmed up, necessitating the raising of windfall tax.
-
Rupee Plunges 21 Paise To 82.86 Per Dollar On Higher Crude Prices
Rupee Today: The rupee fell sharply against the dollar on Tuesday, driven by higher crude prices.
-
Petrol Prices In India Lowest Compared To Other Countries: Union Minister
Union Petroleum minister Hardeep Singh Puri has said that petrol prices are perhaps the lowest in the country compared to other countries in view of the current global situation and international crude prices.
-
India's Current Account Deficit Predicted To Widen To Over An 8-Year High In Q2: Report
Falling exports and high crude prices are set to push up current account deficit (CAD) in the second quarter to a 37-quarter high of 4.4 per cent of GDP.
-
Oil Slumps To Lowest Since 2021 As China's Covid Protests Fuel Demand Worries
Oil futures fell more than $1 early on Monday as protests in top importer China over strict COVID-19 curbs fuelled demand .worries
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
Oil minister Hardeep Singh Puri said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
India Warns Oil Producers On Prices: "Actions Have Consequences"
India's oil minister said higher crude prices would only serve to accelerate the transition to cleaner energy and worsen any global recession.
-
Rupee Rises Sharply To 82.15 Against A Softer Dollar On Easing Fed Rate Hike Bets
The rupee rose sharply against a softer dollar on Thursday, but a surge in crude prices will cap the domestic currency's gains.
-
Oil Prices Rise To Near $96 A Barrel On Strong Demand, Weaker Dollar
Oil prices continued to rise in early Asian trade on Thursday after surging more than 3% in the previous session.
-
Why Saudi Arabia Rebuffed Biden's Pleas for More Oil
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash crude output, keeping oil prices high at a time of global concern about inflation.
