All news stories and reports tagged with #crude oil surge.
Monday marked a rude reversal for precious metals investors as gold and silver prices tumbled amid a crude oil frenzy fueled by US-Iran standoffs. Worries over surging inflation and sticky high...
Friday brought more pain for gold and silver investors as prices tumbled nearly 0.5% at the MCX open, driven by a resurgent dollar and geopolitical jitters. The downturn reflects broader market...
Geopolitical storm clouds over the Middle East delivered another blow to Indian stock markets, with the Hormuz Strait blockade fueling a crude oil price surge that overshadowed all else. The rupee's...
Geopolitical shadows lengthened over Dalal Street as Indian stocks plunged on Monday, the first trading day of the week, battered by dismal global cues and West Asia unrest. BSE Sensex cratered...
Amid roiling Middle East tensions, Sri Lanka announced a steep 25% hike in petrol and diesel prices Sunday – its second in two weeks. Petrol jumps to 398 rupees per liter from 317, diesel to 382...
Thursday dawned disastrously for Indian stock investors, as Middle East hostilities propelled a savage market meltdown. BSE Sensex surrendered 1,942.22 points or 2.55%, landing at 74,750.92. Nifty 50...
Tuesday brought mixed fortunes to India's precious metals market amid worldwide jitters from Middle East escalations. Gold prices slipped ₹46 per 10 grams in the spot market, but silver powered ahead...
Benchmark Sensex and Nifty indices displayed a flat profile in Tuesday's trade, confined to narrow bands amid key event risks. Around noon, Sensex declined 24 points to 75,478, with Nifty down 13...
The Indian stock market convulsed on Monday, with Sensex and Nifty slumping to 11-month lows in a broad-based selloff triggered by soaring energy prices and global jitters. Around 1 PM, Sensex dived...
As Middle East conflicts choke supplies through the Strait of Hormuz, global crude benchmarks WTI and Brent have exploded 27-28% to $116 per barrel, eclipsing $100 for the first time since 2022....
Monday's Indian stock open turned nightmarish as US-Iran tensions boiled over, propelling crude prices up 21% and battering Sensex and Nifty by more than 3%. Flight to safety dominated, with oil...
Fuel costs have climbed higher across the country from Friday, hitting Delhi with petrol at 97.77 rupees per litre (up 3.14 rupees) and diesel at 90.67 rupees (up 3.11 rupees). CNG in the capital now...
Oil traders worldwide braced for impact as Iran's reimposed blockade on the Strait of Hormuz ignited a fierce rally in crude prices Monday. Brent crude blasted past $95 to $95.40—a 5.55% leap—while...
Indian consumers of high-performance fuels face a fresh blow as oil companies increased premium petrol prices by nearly Rs 2.10 per litre from March 20. Government-owned giants HPCL and IOCL raised...
Monday's trading in Mumbai turned grim for gold and silver investors as Middle East jitters failed to ignite a rally. A fortified dollar index and climbing bond yields overwhelmed safe-haven...
As Middle East tensions drive crude to new heights, South Korea's Industry Minister Kim Young-kwan issued a stark warning to oil refiners Monday: no excessive profiteering. The Seoul summit with...
Intensifying military clashes in the Gulf, implicating Israel, Iran, and US outposts, imperil worldwide economic health. Per SBI Research's Saturday release, if the fighting endures, expect global...
Investors navigated turbulent waters in precious metals on Thursday, with gold and silver prices whipping between gains and losses against a backdrop of Middle East strife. Safe-haven rushes amid...
Explosive Middle East developments involving Iran have catapults oil prices past $110 per barrel, crippling flows through the Hormuz Strait and igniting worldwide economic jitters. Major producers...