Latest Market News
Oil Ministry adopts proposal for pricing natural gas at 10% of crude oil cost.
Date - 30/01/2023 The oil ministry has approved the main suggestions of the Kirit Parikh committee regarding the pricing of domestic natural gas and has started discussions with...
Rupee falls 1% due to strong US jobs data and Fed rate hike fears.
Date – 06/02/2023 On Monday, the Indian Rupee experienced a depreciation of 89 paise, equating to a 1.08% decrease against the United States Dollar. This marked the largest...
Rupee falls 52 paise reducing to 82.04 against the USD.
Date – 31/01/2023 On the Tuesday of intra-day trade, the Indian Rupee experienced a depreciation of 52 paise, bringing its value to 82.04 in comparison to the United...
Rupee expected to depreciate, may breach 85-mark in 2023.
Date – 22/01/2023 The Indian Rupee is expected to experience depreciation on Thursday due to a significant increase in crude oil prices. The rise in oil prices was...
Rupee reaches 5-week high, surpasses 82 to the US dollar on Fed expectations.
Date – 10/01/2023 On Tuesday, the Indian Rupee reached a new five-week high, surpassing 82 to a single United States Dollar, due to the gains observed in its...
The Indian Rupee experienced a drop of over 11% in 2022, marking its worst performance since 2013.
Date - 01/01/2023 The depreciation of the Indian Rupee in 2022, with a decline of over 11 percent against the United States Dollar, marks the most detrimental performance...
Analysing Crude Oil Prices: Long-Term and Short-Term Trends Amidst Recent Fluctuations
Crude oil prices have been on a rollercoaster ride in recent months, with significant fluctuations in both the short and long term. Despite starting the year at a...
Natural Gas Prices Decline Due to Warmer Weather and Economic Uncertainty
Natural gas prices have declined to 45.20 USD per 20MMBtu as a result of warmer weather and economic uncertainty. Despite an increase in gas output this month, forecasts...
Oil And Gas In For Turbulent Year As Governments And Industry Engage in conflicts
Early Asian trading on Monday saw an increase in oil prices, helped by Middle East tensions following a drone assault in Iran and Beijing's weekend promise to encourage...
There is a likelihood that crude oil prices will hit $100 per barrel in 2023. It is advised to invest in oil at around Rs 6800 per barrel with a potential target price of Rs 7100 per barrel.
2023 might be a better year for oil prices than 2022. As money managers extended their long positions after Brent breached $80 and reached $86.66 yesterday on the anticipation of...
