Stay updated with the latest price-of-oil news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on price-of-oil topics.
April 1 (Reuters) - U.S. stock futures advanced on Wednesday, after the indexes saw their biggest one-day gains in nearly a year in the previous session, following President Donald Trump's comments that suggested a swift end to the Middle East conflict. Trump and Secretary of State Marco Rubio said on Tuesday that the end of the Iran war could be near, signaling potential for both direct talks with Iranian leadership and a winding down of the conflict without a deal. Trump is scheduled to addre ...Read More >
Mumbai, April 1: Stock markets closed nearly 2 per cent higher on Wednesday, with the Sensex and Nifty rallying in tandem with global peers amid hopes of de-escalation in the West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. Snapping its two-day falling streak, the 50-share NSE Nifty climbed 348 points or 1.56 per cent t ...Read More >
Mumbai, April 1: US tariff orders are likely to moderate India Inc's credit profiles in the second half of FY26, and the West Asia conflict, especially its duration, will play a crucial role in determining how it pans out in the future, rating agencies said on Wednesday. Crisil Ratings, which rates over 7,300 entities, conducted a stress test on the likely impact of the West Asia crisis on Indian companies, which revealed that 23 of the 30 sectors with exposure to the Gulf region will be resili ...Read More >
New Delhi: Prices of commercial liquefied petroleum gas (LPG) were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March 7, remain unchanged. It costs Rs 913 per 14.2-kg cylinder in ...Read More >
NEW DELHI, 1 Apr: The Congress on Wednesday launched a scathing attack on the government over the rise in prices of certain essential commodities, alleging that the Modi government has completely "destroyed" the country's strategic and economic policies. Congress president Mallikarjun Kharge said while the common citizens are hoping for relief, the BJP leadership remains entirely focused on "looting the public and plundering the nation amidst this crisis." In a post in Hindi on X, Kharge said, ...Read More >
New Delhi: Oil marketing companies on Wednesday scaled back a move to sharply raise jet fuel rates, with the Centre permitting only a partial increase in rates despite the Iran war triggering a surge in global oil prices. The rare move of government intervention is expected to potentially help avert a spike in domestic airfares just ahead of elections in some states later this month and the peak summer travel season. "In order to insulate the domestic travel costs from the substantial increase ...Read More >
Bagalkot (Karnataka) [India], April 1 (ANI): Congress leader Randeep Singh Surjewala on Wednesday slammed the Modi government over hike in price of commercial LPG cylinders and said it will impose a huge burden on people. "Today, from April 1, the Modi government has imposed a huge burden on dhaba operators, ready-mix operators, restaurants, hotels, sweet makers, confectioners, dosa and idli makers. They have increased the price of a Rs 200 commercial gas cylinder," Surjewala told reporters. " ...Read More >
A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Prices of commercial LPG were hiked by Rs 195.50 on Wednesday, on back of surge in global oil prices linked to the widening West Asia conflict. A 19-kg commercial LPG now costs Rs 2,078.50 in Delhi, according to state-owned oil companies. Rates were last increased by Rs 114.5 per 19-kg cylinder on March 1. Domestic cooking gas LPG rates, which were last hiked by Rs 60 per 14.2-kg cylinder on March ...Read More >
Hyderabad: Eateries have increased menu rates after oil marketing companies increased the price of commercial LPG cylinders on Wednesday.The price of a 19-kg non-domestic LPG cylinder was increased by ₹214.50 in the Hyderabad market, taking it from ₹2,106.50 to ₹2,321. Domestic LPG cylinder prices remain unchanged. This is the second increase within a month. On March 7, the 19-kg commercial cylinder price was raised by ₹114, from ₹1,996.50 to ₹2,110.50. During the same period, the price of the d ...Read More >
New Delhi [India], April 1 (ANI): The Reserve Bank of India (RBI) is expected to keep the policy repo rate unchanged at 5.25 per cent in the upcoming Monetary Policy Committee (MPC) meeting and maintain its neutral stance, according to a report by Bank of Baroda. The report noted that global conditions have changed significantly since the RBI's last policy announcement in February 2026. Also Read | How To Download JEE Main 2026 Session 2 Admit Card. It highlighted that the outbreak of the Ira ...Read More >
New Delhi, Apr 1: Silver prices surged by Rs 9,000 to Rs 2.46 lakh per kg, while gold jumped by Rs 3,500 to Rs 1.55 lakh per 10 grams on Wednesday, following firm global trends. Domestic price movement According to the All India Sarafa Association, the white metal appreciated by Rs 9,000, or 3.8 per cent, to Rs 2,46,000 per kg (inclusive of all taxes) from Monday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also increased by Rs 3,500, or 2.3 per cent, to Rs 1,55,000 per ...Read More >
New Delhi [India], April 1 (ANI): Shiv Sena (UBT) MP Anil Desai on Wednesday criticised the central government for the recent hike in commercial LPG prices and underlined the need to control the prices. "The government has been saying that there would be no problems, but with the way there has been a price hike in both domestic and commercial LPG cylinders, it was important to control the prices," Desai told ANI. Meanwhile, Union Minister Ramdas Athawale said that ensuring a steady supply of p ...Read More >
New Delhi, Apr 1 (PTI) Silver prices surged by Rs 9,000 to Rs 2.46 lakh per kg, while gold jumped by Rs 3,500 to Rs 1.55 lakh per 10 grams on Wednesday, following firm global trends. According to the All India Sarafa Association, the white metal appreciated by Rs 9,000, or 3.8 per cent, to Rs 2,46,000 per kg (inclusive of all taxes) from Monday's closing level of Rs 2,37,000 per kg. Gold of 99.9 per cent purity also increased by Rs 3,500, or 2.3 per cent, to Rs 1,55,000 per 10 grams (inclusive ...Read More >
The prices of aviation turbine fuel (ATF), or jet fuel, have seen a spike, though not as steep as reported earlier, following a clarification from Indian Oil Corporation. Reports had earlier suggested that ATF prices had more than doubled to over ₹2 lakh per kilolitre in Delhi, driven by a surge in global crude oil prices amid escalating tensions in West Asia. Advertisement However, Indian Oil has now clarified that ATF prices have risen by about 8.5%, not 115% as previously indicated. The cu ...Read More >
Mumbai: The stock market began the new financial year on a strong note, with the BSE Sensex rising 1,186.77 points, or 1.65 percent, to close at 73,134.32 on Wednesday. During the day, it surged as much as 2,017 points, showing strong buying interest across sectors. Wealth surge for investors The rally added nearly Rs 9.60 lakh crore to investors' wealth in a single session. The total market capitalisation of BSE-listed companies rose to Rs 4,22,01,433.48 crore (about USD 4.46 trillion), refle ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The Indian rupee may come under further pressure in the coming months if the ongoing West Asia crisis continues, with the Reserve Bank of India (RBI) likely needing to remain flexible in its approach, according to a report by Yes Bank. The report stated that the rupee could weaken to 97.00-97.50 against the US dollar in the first half of FY27. Also Read | Pune Weather Update: IMD Predicts Heatwaves and Above-Normal Rainfall. "RBI will have to be op ...Read More >
New Delhi, Apr 1 (PTI) Market investors added Rs 9.60 lakh crore to their wealth on Wednesday as hopes of war ending in the West Asia propelled a rally in stocks, driving the BSE Sensex 1,187 points higher. A sharp rally in global markets and drop in crude oil prices also lifted market sentiment after two days of decline. Beginning the new fiscal year on a buoyant note, the 30-share BSE Sensex jumped 1,186.77 points, or 1.65 per cent, to settle at 73,134.32. During the day, it surged 2,017.03 ...Read More >
NEW DELHI, April 1 (Xinhua) -- India on Wednesday announced plans to raise the price of jet fuel amid a surge in global prices due to the U.S.-Israeli strike on Iran, officials said. Domestic fuel retailers have raised prices of aviation turbine fuel (ATF) to 104,927 Indian rupees (1,123.72 U.S. dollars) per kiloliter. The federal government defended the hike, saying that the increase passed on to domestic airlines is only a "partial and staggered" adjustment, aimed at cushioning the impact of ...Read More >
New Delhi, Apr 1 (PTI) Aviation stocks were in the limelight on Wednesday, with InterGlobe Aviation climbing 6 per cent, after only a partial increase in jet fuel prices. InterGlobe Aviation, the parent firm of IndiGo, after starting the trade on a positive note, further jumped 9.84 per cent to Rs 4,332 during the day on the BSE. The stock finally ended at Rs 4,180.90, up 6.01 per cent. The stock of SpiceJet ended at Rs 9.93, up 1.95 per cent. During the day, it surged 4.72 per cent to Rs 10.2 ...Read More >
New Delhi, Apr 1 (PTI) Aviation turbine fuel (ATF) prices for domestic airlines were raised by a calibrated 8.5 per cent on Wednesday, instead of more than doubling as warranted by a war-driven surge in global oil prices, even as rates for commercial LPG and premium petrol were also increased amid firm energy trends. ATF or jet fuel for domestic carriers was hiked by Rs 8,289.04 per kilolitre, or 8.56 per cent, to Rs 1,04,927.18 per kl from Rs 96,638.14 per kl last month, according to state-own ...Read More >
New Delhi, Apr 1 (PTI) The government's decision on limited hike of jet fuel price ensures that carriers' domestic operational costs remain manageable and will not lead to additional fuel surcharge, an official said on Wednesday. Asangba Chuba Ao, joint secretary at the civil aviation ministry, said with the partial hike in aviation turbine fuel (ATF) price, airlines would recalibrate their pricing and the move prevents a potential industry-wide crisis. ATF accounts for around 40 per cent of a ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The stock markets closed on a strong footing on the first day of the new financial year FY27, with benchmark indices witnessing a broad-based rally across sectors, even as underlying geopolitical tensions continue to keep investors cautious. The Nifty 50 index closed at 22,679.40, gaining 348 points or 1.56 per cent, while the BSE Sensex ended at 73,134.63, up by 1,186 points or 1.84 per cent. Also Read | Hapur Shocker: 7-Year-Old Boy Locked in Deep ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The stock markets closed on a strong footing on the first day of the new financial year FY27, with benchmark indices witnessing a broad-based rally across sectors, even as underlying geopolitical tensions continue to keep investors cautious. The Nifty 50 index closed at 22,679.40, gaining 348 points or 1.56 per cent, while the BSE Sensex ended at 73,134.63, up by 1,186 points or 1.84 per cent. Market participants remained optimistic during the sessi ...Read More >
Mumbai, Apr 1 (PTI) Benchmark indices Sensex and Nifty closed nearly 2 per cent higher on Wednesday, in tandem with a sharp rally in global markets on hopes of a potential de-escalation in the ongoing West Asia conflict. Starting the new fiscal year on a high note, the 30-share BSE Sensex jumped 1,186.77 points or 1.65 per cent to settle at 73,134.32. During the day, it surged 2,017.03 points or 2.80 per cent to 73,964.58. The 50-share NSE Nifty climbed 348 points or 1.56 per cent to end at 22 ...Read More >
Mumbai (Maharashtra) [India], April 1 (ANI): The credit ratio of India Inc declined in the second half of fiscal 2026, even as the overall credit outlook for the FY27 remains stable but cautious due to the ongoing West Asia conflict, noted Crisil Ratings in its latest projections. The credit ratio of Indian companies, which measures the proportion of rating upgrades to downgrades, stood at 1.50 times in the second half of FY26, moderating from 2.17 times in the first half. During the period, th ...Read More >
New Delhi: The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG have been increased in the country, while that of domestic LPG has been left unchanged to protect households from the sharp rise in the cost at which the cooking gas is being imported amid disruptions due to the Iran war. "Prices of commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Their consumption i ...Read More >
New Delhi, April 1: The Ministry of Petroleum and Natural Gas clarified on Wednesday that only the price of commercial LPG have been increased in the country, while that of domestic LPG has been left unchanged to protect households from the sharp rise in the cost at which the cooking gas is being imported amid disruptions due to the Iran war. "Prices of commercial LPG cylinders, used by industries and hotels, are deregulated, market determined and revised normally on a monthly basis. Their cons ...Read More >
New Delhi [India], April 1 (ANI): Shiv Sena (UBT) leader Priyanka Chaturvedi on Wednesday criticised the Centre over the recent increase in commercial LPG cylinder prices, stating that the burden of the hike will ultimately fall on the public and contribute to rising inflation. Speaking to ANI, Chaturvedi highlighted that the decision would impact small business owners, and questioned that when the oil was bought at a lower price, the common people didn't get its benefit; however, as soon as it ...Read More >
New Delhi, Apr 1 (PTI) ATF or jet fuel prices more than doubled to a record Rs 2.07 lakh per kilolitre on Wednesday, but state-owned oil companies passed on only a fraction of the increase to domestic airlines, adopting a calibrated approach to dealing with the war-linked surge in global oil prices. Aviation turbine fuel (ATF) price was increased by 8.5 per to Rs 104,927.18 per kl for domestic airlines, according to state-owned oil firms. ATF price for domestic airlines in Delhi was hiked by R ...Read More >
New Delhi: Aviation turbine fuel commonly known as jet fuel has crossed the Rs 2 lakh per kilolitre mark in the country, in a first, following a sharp rise in crude oil prices triggered by geopolitical crisis in West Asia. According to industry data, ATF prices saw an unprecedented surge due to disruptions in global energy supply chains and rising benchmark crude prices. The spike is expected to significantly increase operational costs for airlines. The price rise comes amid volatility in glob ...Read More >
Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.