Tag: Crude Oil prices

OPEC+ will ensure oil prices do not plunge again, says OPEC chief

By Ahmad Ghaddar, Alex Lawler LONDON: The OPEC+ alliance will ensure oil prices do not plunge steeply again when it meets to set policy at the end of November, OPEC’s Secretary General said on Thursday, adding that demand has been recovering more slowly than expected. “I want to assure you that the OPEC, non-OPEC partnership […]

FPIs infuse Rs 4,800 crore in just 5 trading sessions on cooling crude oil prices

NEW DELHI: Foreign investors have pumped in nearly Rs 4,800 crore into the Indian capital markets in the last five trading sessions, after pulling out hefty funds in October, amid cooling global crude oil prices and rising rupee. The recent infusion comes following a net outflow of more than Rs 38,900 crore in October, which […]

Indian Rupee spurts 35 paise to nearly 2-week high on easing crude oil prices

NEW DELHI: The Indian rupee climbed 35 paise to end at nearly two-week high of 73.48 per dollar Tuesday amid softening crude oil prices and easing concerns over the trade deficit. Traders said foreign fund inflows and greenback weakening against other currencies were the other factors that provided support to the home unit. At the […]

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