News for 'oil market'

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rupee Bounces Back After RBI Intervention Amidst Market Volatility

Rediff.com7 days ago

The Indian rupee rebounded against the US dollar following intervention by the Reserve Bank of India, amidst ongoing concerns about foreign capital outflows, rising crude oil prices, and geopolitical instability.

Indian markets brace for volatility amid RBI policy, West Asia tensions

Indian markets brace for volatility amid RBI policy, West Asia tensions

Rediff.com3 days ago

The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.

Iran Crisis Impact: India Braces for Oil Price Volatility

Iran Crisis Impact: India Braces for Oil Price Volatility

Rediff.com2 Mar 2026

Analysts predict India will face oil price volatility and macroeconomic effects due to the escalating Iran crisis, though the country's oil supply chain is not yet structurally insecure.

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Stock Market Today March 30, 2026: Sensex tanks 1,636 points, Nifty50 Fall To 22,331

Rediff.com30 Mar 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for March 30, 2026.

Reliance gets US licence to directly buy Venezuela oil

Reliance gets US licence to directly buy Venezuela oil

Rediff.com14 Feb 2026

Private-sector oil refiner Reliance Industries Limited (RIL) last week received a general licence from the United States (US) government to buy Venezuelan oil, an industry executive said.

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Stock Market Today: Sensex, Nifty50 decline 2% on rising tensions in West Asia

Rediff.com7 days ago

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for April 2, 2026.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com31 Mar 2026

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

Sensex Crashes 1,400 Points, Nifty Near 22,250: Trump-Iran Tensions Trigger Market Selloff

Sensex Crashes 1,400 Points, Nifty Near 22,250: Trump-Iran Tensions Trigger Market Selloff

Rediff.com7 days ago

Sensex plunges over 1,400 points and Nifty slips near 22,250 amid Trump's Iran threat, rising crude oil prices, and FII selling. Here are the key reasons behind today's market crash.

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

OMCs unlikely to hike fuel prices, ONGC stock poised for 65% upside: CLSA

Rediff.com27 Mar 2026

State-run oil-marketing companies (OMCs) are unlikely to significantly raise petrol and diesel prices despite crude oil nearing $100 a barrel, leading to potential margin pressure, while CLSA analysts project a 65 per cent upside for ONGC's stock.

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026: Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

Will India Face Oil Shock from Iran Crisis?

Will India Face Oil Shock from Iran Crisis?

Rediff.com2 Mar 2026

Will rising tensions between US-Israel and Iran threaten crude oil supply through the Strait of Hormuz, putting India's fuel prices, imports, and economic stability at risk?

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

'Oil Could Cross $100 A Barrel'

'Oil Could Cross $100 A Barrel'

Rediff.com6 Mar 2026

'Oil is still well below its all-time highs, and the world is gradually running out of known reserves.'

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Stock Markets Today March 27, 2026: Sensex tanks 927 points, Nifty50 Falls To 23,025

Rediff.com27 Mar 2026

Benchmark indices Sensex and Nifty tumbled in early trade on Friday after a two-day rally, tracking a weak trend in global peers, as the US-Iran conflict continues to be a key overhang for the markets. Track Sensex, Nifty50 movement and key market drivers for March 27, 2026.

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Staggered Jet Fuel Price Hike to Shield Passengers from Steep Fare Rises

Rediff.com1 Apr 2026

Civil Aviation Minister K Rammohan Naidu announced that public sector oil marketing companies will implement a partial and staggered increase in jet fuel prices for domestic airlines, aiming to protect passengers from steep fare hikes.

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Stock Markets Today March 25, 2026 ' Sensex, Nifty50 Rally on US-Iran Ceasefire Hopes

Rediff.com25 Mar 2026

Indian markets on Dalal Street rallied sharply as easing tensions in the US-Iran conflict and stable oil prices boosted sentiment. Track Nifty 50 and BSE Sensex performance and key global triggers.

US 'grants' India-like waiver to all countries to buy Russian oil

US 'grants' India-like waiver to all countries to buy Russian oil

Rediff.com13 Mar 2026

The Trump administration has announced a temporary authorisation for countries to purchase Russian oil stranded at sea, aiming to stabilise global energy markets amid rising oil prices and tensions with Iran.

Allowed 'friend' India to take oil already on ships: US

Allowed 'friend' India to take oil already on ships: US

Rediff.com7 Mar 2026

US Energy Secretary Chris Wright said that long-term oil supplies are 'abundant' and there are no worries regarding that, but in the short term, there is a need to get oil on the market.

US weighs easing Iran oil sanctions to curb global price surge

US weighs easing Iran oil sanctions to curb global price surge

Rediff.com19 Mar 2026

Bessent indicated that the U.S. is evaluating the status of Iranian oil as the current campaign progresses.

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Stock Market Crash: 4 Lakh Crore Wiped Out as Sensex Falls 800 Points, Nifty Near 23,000

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Paint companies raise prices as crude oil and gas costs surge

Paint companies raise prices as crude oil and gas costs surge

Rediff.com5 days ago

Major paint companies in India, including Asian Paints, Berger Paints, Akzo Paints, and Kansai Nerolac, have announced price hikes ranging from 1% to 8% across various product lines, effective from mid-March to late April, in response to persistently high crude oil and gas prices.

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Stock Market Crash: Sensex plunges 1,690 pts, Nifty drops below 22,850

Rediff.com27 Mar 2026

Indian stock markets tumbled sharply with the Sensex falling 800 points and nearly 4 lakh crore wiped out in a single session. Here are the 6 key factors, including rupee weakness and global cues, behind the crash.

Punjab Schools Reopen Following West Asia Conflict Fuel Measures

Punjab Schools Reopen Following West Asia Conflict Fuel Measures

Rediff.com30 Mar 2026

Pakistan's Punjab government has announced the reopening of all public and private educational institutions after implementing fuel-saving measures due to the conflict in West Asia. The decision comes as fuel supply stabilises and the government secures national fuel stocks.

Sensex, Nifty Tumble as West Asia Conflict and Oil Prices Weigh on Investor Sentiment

Sensex, Nifty Tumble as West Asia Conflict and Oil Prices Weigh on Investor Sentiment

Rediff.com13 Mar 2026

Indian equity markets experienced a significant downturn as geopolitical tensions in West Asia, rising oil prices, and foreign fund outflows dampened investor confidence. The Sensex and Nifty both fell sharply in early trade, reflecting broader global market weakness.

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

India's Oil Reserves Can Cover 40-45 Days If Hormuz Flow Disrupted

Rediff.com3 Mar 2026

India possesses approximately 100 million barrels of commercial crude oil stocks, capable of covering 40-45 days of its requirements if flows through the Strait of Hormuz are disrupted, according to Kpler.

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Stock Markets Today March 9, 2026: Sensex crashed 2346 points

Rediff.com9 Mar 2026

Indian stock market benchmark indices Sensex and Nifty experienced a significant drop in early trade due to rising crude oil prices, bearish global market trends, and continuous foreign fund outflows.

Stock markets recover on buying in IT, PSU bank stocks

Stock markets recover on buying in IT, PSU bank stocks

Rediff.com20 Mar 2026

Indian equity markets experienced a volatile session, with the Sensex and Nifty recovering some ground after a significant plunge the previous day. Gains were driven by PSU bank, IT, and metal stocks, but concerns over rising fuel prices and geopolitical tensions limited the recovery.

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Fuel Crisis: Will There Be a Lockdown? Govt Says...

Rediff.com27 Mar 2026

Calling such reports baseless, Finance Minister Nirmala Sitharaman said there was no such move under consideration.

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Will blow up Iran's oil wells, power plants, Kharg Island if....., warns Trump

Rediff.com30 Mar 2026

US President Donald Trump has threatened to target Iran's civilian energy infrastructure, including power plants, oil wells and Kharg Island, if Tehran does not reopen the Strait of Hormuz.

'Indians have been good actors': Trump aide on Russian oil waiver

'Indians have been good actors': Trump aide on Russian oil waiver

Rediff.com7 Mar 2026

The US has granted India permission to buy Russian oil already in transit to ease global supply pressures amidst the West Asia conflict. This decision comes after India agreed to halt sanctioned Russian oil purchases and substitute them with US oil.

Delhi Police Seize Hundreds of LPG Cylinders in Black Market Bust

Delhi Police Seize Hundreds of LPG Cylinders in Black Market Bust

Rediff.com16 Mar 2026

Delhi Police have registered multiple FIRs and seized hundreds of LPG cylinders in a crackdown on illegal storage, refilling, and black marketing operations amid concerns of potential supply shortages.

Stock markets on March 10, 2026: Sensex jumped 640 points

Stock markets on March 10, 2026: Sensex jumped 640 points

Rediff.com10 Mar 2026

Indian stock market benchmarks Sensex and Nifty rebounded strongly after a two-day decline, driven by falling crude oil prices and positive global cues amid hopes of de-escalation in the Middle East.

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

West Asia Conflict and US Fed Decision to Steer Equity Market This Week

Rediff.com15 Mar 2026

Analysts predict that the ongoing conflict in West Asia, crude oil price fluctuations, and the US Federal Reserve's interest rate decision will significantly influence the Indian equity market this week.

No hike in fuel prices; over 10K PNG connections added daily: Govt

No hike in fuel prices; over 10K PNG connections added daily: Govt

Rediff.com27 Mar 2026

The petroleum ministry on Friday reaffirmed the government's commitment to maintaining stable petrol and diesel prices, despite India's high dependence on imports.

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

Rediff.com9 Mar 2026

The Indian rupee crashed to a record closing low against the US dollar due to rising global crude oil prices, a strengthening dollar, and geopolitical tensions in the Middle East.

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Stock markets extend winning run to 3rd day; Sensex, Nifty climb nearly 1%

Rediff.com18 Mar 2026

Indian stock market indices Sensex and Nifty closed nearly 1 per cent higher, marking their third consecutive day of gains, supported by a slight decrease in crude oil prices and positive global market trends.

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rupee posts biggest annual decline in 14 years, tumbles 9.88% in FY26

Rediff.com30 Mar 2026

The Indian rupee rebounded against the US dollar after the Reserve Bank of India (RBI) restricted banks' net open positions in dollars. This move prompted banks to sell dollars, providing temporary support for the rupee amidst ongoing geopolitical tensions and rising oil prices.

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Stock Market Today March 9, 2026: Sensex tanks 1,353 points

Rediff.com9 Mar 2026

Indian equity markets experienced a significant downturn, with the Sensex and Nifty plummeting due to rising crude oil prices, geopolitical tensions in West Asia, and continuous foreign fund outflows.

Never required permission to buy Russian oil: Officials

Never required permission to buy Russian oil: Officials

Rediff.com6 Mar 2026

A senior government official asserts India's independence in purchasing Russian oil, stating that US sanctions waivers merely remove friction but do not dictate India's energy policy. The official highlights India's commitment to energy security and affordability for its citizens.

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Jaishankar speaks to Russia, EU on West Asia crisis amid oil concerns

Rediff.com11 Mar 2026

External Affairs Minister S Jaishankar discussed the West Asia conflict and its impact on energy supplies with his Russian counterpart Sergey Lavrov and EU's Foreign Policy chief Kaja Kallas.