US oil prices bounce back after historic crash
US oil prices have rebounded back after it had crashed to unprecedented lows for the first time amid a devastating supply glut.
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crude oil
OPEC, allies to cut oil production by 1.2 million barrels per day
With an aim to give major boost to global oil markets, member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies on Friday reached a deal to cut crude…
Nitin Gadkari: Huge oil imports leading to India’s economic crisis
Transport Minister Nitin Gadkari on Thursday asserted that the country is facing an "economic crisis" due to its huge oil imports. Notably, the statement from Gadkari comes ahead of a…
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Indian rupee hits record low, Know the reasons behind the fall
The rupee trading at 69.46 a dollar today, was down by 0.9% from its previous close of 68.84. The investors are upset over the Indian rupee collapse to a record low against US dollar. The…
Domestic petrol prices unchanged for third day in a row
Domestic petrol prices were steady for the third consecutive day on Monday. In the national capital, the fuel was sold at Rs 76.35 per litre, data from the Indian Oil Corp website showed.…