Tag: crude oil price

Oil climbs as Saudi pipeline outage, fresh attacks heighten supply concerns

September 15, 2026 admin

A satellite image shows the Saudi Arabia East-West pipeline, located across the Arabian Peninsula, before a strike that hit it on September 11, 2026. Handout via Reuters. Oil prices rose on Tuesday (September 15, 2026) as concerns over supply disruptions persisted after attacks on Saudi Arabian energy infrastructure left the kingdom’s East-West pipeline offline and…

Business

Rupee gains 28 paise to close at 94.94 against U.S. dollar

September 1, 2026 admin

Representative image. | Photo Credit: Getty Images/iStockphotos The rupee gained 28 paise to close at nearly two-month high of 94.94 (provisional) against the U.S. dollar on Tuesday (September 1, 2026) on robust domestic growth, controlled fiscal slippage and portfolio-related inflows. Forex traders said recent MSCI-linked inflows are offering temporary support to the rupee. Moreover, the…

Business

Sensex declines by 561 points on surging oil, West Asia flare-up; banks, auto shares major drag

July 14, 2026 admin

Stock market benchmark indices Sensex and Nifty tumbled on Tuesday (July 14, 2026) as a sharp surge in crude oil prices due to the renewed flare-up in West Asia dented investors’ sentiment. After three days of gains, the 30-share BSE Sensex dropped 561.46 points, or 0.72%, to settle at 77,054.94. During the day, it tumbled…

Business

Rupee falls 32 paise to all-time low of 95.20 against U.S. dollar

April 30, 2026 admin

Representative image. | Photo Credit: Getty Images/iStockphotos The rupee depreciated 32 paise to an all-time low of 95.20 against the U.S. dollar in early trade on Thursday (April 30, 2026), weighed down by elevated Brent crude oil prices, hovering around $122 per barrel, and strong American currency. Forex traders said the USD/INR pair may see…

Business