Oil prices Archives -

‘No proud country bows down under pressure’, Putin scolds Trump on new US ban on Russian companies

Admin — Thu, 23 Oct 2025 17:25:49 +0000

Vladimir Putin Statement: Russian President Vladimir Putin completely rejected the new sanctions imposed by the US on his country’s two largest oil companies. He said that these sanctions are an attempt to put pressure on Moscow, but Russia will not succumb to any external pressure.

Putin said, ‘No self-respecting country does anything under pressure.’ His comments came when Washington imposed stringent sanctions on Russia’s two major oil companies, Rosneft and Lukoil. This step of America has been taken in response to Russia’s refusal for immediate ceasefire in Ukraine.

‘Oil prices will increase due to sanctions’

Vladimir Putin claimed that he had already warned US President Donald Trump that these sanctions could destabilize the global energy market and increase oil prices, which would also affect America itself. He said, ‘We had said very clearly that this will affect global oil prices, including the US.’

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Why Israel Iran Tension a Big Trouble for India and What they have options

Admin — Sat, 14 Jun 2025 03:28:02 +0000

Israel Iran Tensions: Israel attacked Iran’s important nuclear installations. After this, tremendous tension has increased in the Middle East countries. It is believed that the way the tension between the two countries is increasing, it will not only affect West Asia but India will also not be untouched by it. The reason for this is the Gulf of Hormuz. It is between Iran and Oman. It connects the Gulf of Persia to the Arabian Sea and Oman’s Gulf. In addition, it is a sensitive and an important path.

Hormus Gulf of Gully Oil Supply

The bay of this hormus can also be gauged from the fact that about 20 percent of the global oil supply passes through this path. Along with this, this is the only sea route for the Middle East oil producing countries, such as Iran, Iraq, Saudi Arabia, Qatar and UAE, so that they transport oil to the world market.

In such a situation, if the problem arises here, then the price of oil will go to the seventh sky. The supply chain will stop and the energy needs of the countries including India depend on it will have a direct impact.

What is the effect on India

The most important thing is that it can become a big danger for India, because India does about two -thirds of oil rectangles through this path. Apart from this, about half of LNG is also imported through this route.

In such a situation, if this path is closed, then India will have to find other routes immediately, which will create more costs and logistics challenges. India now has the option to consider other sources of energy and increase its reserve in view of the possibilities of increasing costs, so that such challenges can be faced in the coming time.

Oil price is predicted to increase

Brokerage firm JP Morger warned that if the struggle increases, then in that case the price of oil can increase to $ 120. This can also increase inflation and the current fiscal deficit of India. Also, everything will become expensive by increasing the price of oil.

Also read: Good news for India amidst Israel-Iran tension, China-Pakistan will get Mirchi

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Indian Rupees Eight Weeks Low Amid Middle East Tensions

Admin — Fri, 13 Jun 2025 06:25:35 +0000

Indian currency falls: The Indian rupee has gone to the lowest level of two months amidst a massive attack by Israel on different locations in Iran. After heavy tension in the Middle East, the International Foreign Money Exchange broke down 53 paise to 86.13 against the dollar and then fell to 86.20. It closed at 85.60 level a day earlier. Due to heavy stress in the middle East, the price of global crude oil prices and the strengthening of the dollar showed the effect on domestic currency.

Rupee broken in front of dollar

Forex traders say that the weak start of the domestic stock market and the foreign capital tremendous withdrawal has also led to a decline in local currency. On the other hand, there is a significant increase in the reason for geopolitical stress in the price of crude oil. The price of Brent crude has jumped 9.20 percent to $ 75.74 per barrel. Similarly, WTI crude is also seeing a boom and it has jumped about 9.45 percent to $ 74.74.

Israel has been named Rising Lion on Iran through military operations through which Iran is being attacked. After Iran’s attack, Israeli Defense Minister has declared it an emergency. It is being said that Hussain salute of Islamic Revolutionary Guard Corps has also been killed in the Israeli attack.

Relief on inflation front

However, it is a matter of relief that the retail inflation rate has come down to 2.82 percent in the month of May. This was 3.16 percent in the month of April. It is believed that the major reason for this decline in retail inflation is the fall in the price of food and drink.

Also read: Israeli attack on Iran fire fire in the price of crude oil, record high in 2 months, America’s big statement

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After israel strike on ran now oil price jumps to more than Seven Percent

Admin — Fri, 13 Jun 2025 03:18:33 +0000

Iran israel tensions: For the last few months, there was a continuous decrease in the prices of crude oil. But now the possibility of increasing its rapidly is increasing. The reason for this is tension reached the peak in the Gulf countries. After the attack on Iran from Israel, there has been a tremendous jump of 7 percent in oil prices on Friday. After this, there has been a record increase in the price of crude oil in several months.

After touching $ 75.23 in Intra Day, Brent crude futures have increased by $ 5.29, or 7.63 percent to $ 74.65 per barrel. This is the highest increase in the price of crude oil after April 2. The West Texas Intermediate crude record rose to $ 5.38, or 7.91 percent to $ 73.42 per barrel after touching $ 74.35.

Increased price of oil due to attack

Significantly, amidst efforts to persuade the agreement to prevent its atomic bomb from the US, Israel has said that it has attacked Iran on Friday. Iran’s media says that the voices of the explosion were heard in Tehran.

Sol Kavonic, senior energy analyst of MST Marquee, says that the struggle between Israel and Iran does not increase to the level that the oil supply in the Iran region does not really have any major impact on the oil supply. However, he further said that if Iran oil in the peak situation can obstruct the supply of up to 2 crore barrels per day by limiting the attack on the oil infrastructure or the hormuj straw.

Israel said- Iran’s nuclear structure will destroy

Idha, Israeli PM Benjamin Netanyahu said the objective of the attacks on Iran is to destroy its nuclear structures, ballistic missile factories and many military capabilities. On the other hand, US Secretary of State Marco Rubio said on Thursday that Israel’s attack on Iran is one -sided and Washington is not included in any way. He appealed to Tehran that he should not target American interests or his soldiers.

Also read: Many questions after plane crash, know how many aircraft orders were given by Air India to Boeing

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Crude oil prices reached 67 dollars in the global market, after all, the price of crude oil rising worldwide?

Admin — Mon, 09 Jun 2025 08:44:55 +0000

Oil Pries Surge: On the first business day of the week on Monday, oil prices continued for last week. Brent crude is at $ 66.47 per barrel. While the intermediate crude is trading at $ 64.59. Meanwhile, investors are eyeing a meeting between the US and Chinese officials in London. Both countries are trying to reduce tension on trade. & Nbsp;

This decision of China has an impact on oil prices

On Saturday, US President Donald Trump and his Chinese counterpart Xi Jinping spoke on the phone for about 90 minutes. After this, Trump gave information about this meeting and also said that China is ready for the shipment of rare economy in America.

Actually, prohibiting China’s rare meaning elements in April has also affected oil prices because these rees are used on a large scale to make drilling machines, pumps, etc. in oil and gas industry. China is the largest exporter of rare meanings in the world. In such a situation, the oil and gas industry will be affected by stopping export from China. & Nbsp;

This is also the big reason for the rise in oil prices

Last Monday, there was a rise in oil prices, causing American crude oil prices to reach a two-week high level as investors ignored OPEC Plus’s decision to increase oil production per day amidst gearful stresses. On June 8, Ukraine attacked with a drone, targeting the Russian airport. Earlier on the night of June 6, Russia launched a big attack on Ukraine.

Both countries are continuously retaliating on each other. Due to this, the possibility of conversation on ceasefire between Russia and Ukraine has started staggering again. Meanwhile, Ukraine’s Russian oil refineries are expected to be targeted and if this happens, its effect will be seen on the oil market because Russia is a big supplier of crude oil. & Nbsp;

The impact of increasing oil price was also seen in some cities of India. Let us see what is the price of petrol and diesel today in the four major metros of the country- & nbsp;

Petrol in Delhi Rs 94.72 and diesel Rs 87.62 per liter
Petrol in Mumbai Rs 103.44 and diesel Rs 89.97 per liter
Petrol in Chennai Rs 100.76 and diesel Rs 92.35 per liter
Petrol in Kolkata Rs 104.95 and diesel Rs 91.76 per liter

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These five facts will decide market for this week of stock market

Admin — Mon, 19 May 2025 02:20:34 +0000

Stock market: Last week, there was a great performance in the stock market. However, this excellent performance of the market was behind the ceasefire between India and Pakistan, the consent on commercial talks between the US and China and the exchange of war printers between Ukraine-Russia. It is believed that it saw a positive impact on the market. In addition, the fall in crude oil prices and foreign investors helped in constant purchase and the Indian market to rise. In such a situation, the question is now arising that how is the market going to be a new business in the week starting on May 19?

1- Q3 released results

From May 19, the results of March quarter will start to release and more than seven hundred companies will announce their quarterly results. Among the companies whose quarterly results are to come, IndusInd Bank, ONGC, ITC, Sun Pharmaceuticals, JSW Steel, Power Grid Corporation of India, India Electronics, Hindalco Industries and Nifty 50 are.

2-Crude Oil Price

Crude oil is constantly being monitored. The reason for this is that the work price for importing countries like India is much better for its economy. Apart from this, it is expected to decrease further due to the end of trade tension between China and the US.

3- Global Economic Data

Globally, the economic data released globally is going to have a lot of impact on the market. The PMI data to be released by many countries will be monitored, as well as the economic figures of China and the inflation rate of Eurozone and Japan can also prove to be an important factor in deciding the market attitude.

4-trade agreement

President Trump said last week that he would announce new tariff rates after talks with America’s business partner countries in the coming weeks. Along with this, there has been a decrease in tension after the trade agreement between the US and China in Geneva between the US and China. Because of this, trust in investors has been born in the global market.

5-The attitude of investors

The attitude of foreign institutional investors will also play an important role in deciding the direction of the market. Talking about the previous week, FII bought shares of 15,925 crore value. Due to this, a total purchase of up to Rs 23,783 crore has been done in May. India’s GDP growth is above six per cent and it remains as the growing economy of the world. This factor will do a big job in wooing investors. Apart from this, the decrease in geopolitical stress also remains an important factor.

Also read: After Pakistan, India told Bangladesh, the Yunus government started shaking in front of Pakistan

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Rating Agency Fitch Lowers World Growth Forecast Due to Escalation in Global Trade War

Admin — Fri, 18 Apr 2025 01:27:15 +0000

Fitch cuts india growth estimates: India’s economic pace has been estimated to be slow between uncertainty and world trade tension due to American tariffs worldwide. After the American agency Moody, now rating AJC Fitch has also made a similar estimate about India’s GDP. On Thursday, Fitch Ratings have reduced the estimate of India’s GDP (GDP) growth rate for the current financial year 2025-26 to 6.4 per cent.

Global Economic Outlook In April 2025, Fitch Rating said that world growth could be reduced to below two percent this year. Whereas except for the era of epidemic, this will be the most dull speed after the year 2009. In March update, the rating agency Fitch said that this is an important risk in its estimate due to the US trade policy being more aggressive than expected. However, due to low dependence on external demand, India is left with some extent.

In its special quarter ‘update’ by the Global Economic Scenario (GEO), Renting Agency Fitch further said, “It is difficult to say anything about the American trade policy with full confidence. On a large scale, policy uncertainty, the possibilities of trade investment are damaging. Domestic property is decreasing due to fall in share prices and American exporters will have to face retaliation. ‘

Fitch cut the world growth estimates of 2025 in his GEO by 0.4 per cent in the month of March. The growth estimate of China and America decreased by 0.5 percent. The renting agency has reduced GDP growth 6.2 per cent for Financial Year 2024-25 in terms of India and GDP growth estimate for current financial year 2025-26 to 6.4 per cent.

The growth rate for the financial year 2026-27 has been retained at 6.3 percent. According to Fitch’s estimates, the US GDP growth rate is expected to remain positive at 1.2 percent by 2025. China’s growth rate is estimated to be below 4 percent this year and next year, while economic growth in the Euro field will remain below one percent.

Also read: The country’s economy is running away, Indian economy will overtake Germany and Japan in 3 years

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