Tag: Oil prices

September retail inflation hits 21-month high of 5.54%

This resulted in 2QFY27 inflation at 4.9 per cent, in line with RBI’s forecast. Food inflation recorded a 21-month high growth of 7.74 per cent...

Rate Cuts are off the table: RBI Governor

The Monetary Policy Committee (MPC) of RBI on Wednesday voted unanimously to increase the policy repo rate under the liquidity adjustment facility (LAF) by...

World Bank lifts India’s FY27 growth forecast to 7.1%

India remains one of the fastest-growing major economies in the world and a key contributor to global growth, the World Bank’s latest economic update...

Oil prices fall

Brent crude futures settled below the USD 100 mark on Tuesday for the first time since 8 September. Brent crude futures fell 7 cents,...

Oil Prices hit $100 a barrel

Brent crude futures rose USD 2.15, or 2.2%, to USD100.07, while U.S. West ​Texas Intermediate crude was up USD 1.70, or 1.83 per cent,...

Oil prices nearing $100, amid escalating Middle East tensions

Brent crude futures rose USD 1.57 to USD 99.49 a barrel, the highest level since late June. U.S. West Texas Intermediate crude was at...

Will rising oil prices impact India?

How can higher oil prices impact India? The Department of Economic Affairs under the Union Finance Ministry in its recent monthly economic review said that...

Oil prices cross $100 a barrel, amid Middle East conflict

Crude jumped 18 per cent to above USD 107 a barrel, its first time above the USD 100 level since July 2022, after Russia’s...

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