Tag: oil prices
Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....
As fuel prices touched a five-year high, former Finance Minister P Chidambaram on Friday asked the government why prices of petrol and diesel were higher than in May, 2014 when the international oil prices were higher than they are now.....
DMK President M.K. Stalin on Friday said his party will actively participate in the Bharat Bandh called by the Congress on September 10 against the oil price hike.....
Congress General Secretary Priyanka Gandhi Vadra on Tuesday hit out at the Narendra Modi government at Centre over retail inflation soaring to a five and half year year high at 7.35 per cent, saying the BJP has "kicked" on the stomach of the poor after stealing money from their pockets.....
The bloodbath in the oil market has continued into the new week with crude oil prices slumping to around 30 per cent on Monday to just about $30 a barrel after Saudi Arabia shocked the market by launching a price war against one time ally Russia.....
Energy markets went into a free fall on Monday with oil prices across variants plunging around 30 per cent, the biggest fall since the 1991 Gulf War. The slide comes after Saudi Arabia shocked the market by launching a price war after no consensus was arrived between OPEC and Russia to cut crude oil production as part of market stabilisation exercise.....
US oil prices turned negative on Monday for the time in history.....
After controversy erupted following Rahul Gandhi's statement in Kerala on Tuesday, the Congress on Wednesday said that the BJP is diverting from the real issues about rising oil prices, inflation, Chinese intrusion and farmers protest. ....
Oil prices finished higher on Thursday with both the US crude benchmark and Brent exceeding $100 a barrel in intraday trading, as traders assessed geopolitical tensions over Ukraine. ....
Indian equity indices continued its bear run on Monday morning with the BSE Sensex falling 1,500 points.....