Oil price rise would hit 2024 global growth, inflation outlook: Fitch

Nov 12, 2023

Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according...

High fuel prices not good for both oil producer, consumer countries: Indian Oil chief

Nov 03, 2021

New Delhi [India], November 3 : Stating that higher fuel prices are not good for both Oil producing and Oil consuming countries, Indian Oil...

Oil prices rise modestly amid supply concerns

May 02, 2022

New York [US], May 3 (ANI/Xinhua): Oil prices reversed earlier losses to end higher on Monday as concerns over supply risks gripped the market.

Core inflation edged higher because of surge in gold prices; food inflation trend positive: Report

Mar 13, 2025

Core inflation edged higher in February, mainly due to a surge in gold prices, but the stabilization of global edible oil prices and expectations...

Oil companies may have to absorb higher crude costs as negative sentiment amid LPG shortages makes price hikes difficult: Report

Mar 20, 2026

Oil marketing companies (OMCs) in India may have to absorb higher crude oil import costs as raising petrol and diesel prices remains difficult amid...

Financial world on tenterhooks: ECB meeting, central decisions and economic data awaited

Oct 26, 2023

Amid the backdrop of increased global uncertainty and inflationary pressure stemming from higher oil prices, market participants widely anticipate the ECB to maintain the...