Tag: falling crude oil prices

Petrol, diesel margins back above pre-conflict levels: Report

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Petrol, diesel margins back above pre-conflict levels: Report

Representational image only. File Profitability at State-run oil marketing companies (OMCs) is set to improve as falling crude oil prices lift fuel marketing margins, although rising debt levels and uncertainty over fuel taxes could limit the sector’s longer-term earnings outlook, according to a JP Morgan report. “Composite margins on petrol and diesel sales at State-run…

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Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar

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Rupee rebounds to settle 11 paise higher at 88.66 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee recovered from the record low level and settled with a gain of 11 paise at 88.66 (provisional) against the U.S. dollar on Tuesday (November 4, 2025) boosted by falling crude oil prices overseas. Forex traders said a firm dollar, outflow of foreign…

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