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Rising crude oil prices warrants careful observation from RBI on inflation
Usually, as per economists, an increase of $10 per barrel on crude oil prices leads to about 0.4%-0.6% increase in inflation. Barclays in a report said that the sharp ~USD10/barrel increase in crude oil prices since the escalation in Iran-Israel conflict over the past week,
Shares of oil-sensitive sectors like oil marketing, aviation, and paints saw declines due to a spike in Brent crude oil ...
Brent crude prices have surged nearly 15 per cent since May amid rising tensions between Israel and Iran, prompting inflation ...
ABP News on MSN5h
Rupee Dips On Israel-Iran War, Brent Crude Spike, And FII SelloffThe rupee declined 19 paise to close at 86.23 (provisional) against the greenback on Tuesday weighed down by a rise in global ...
Brent crude oil prices surge, impacting oil marketing companies, aviation, and paint stocks in India. Sensex and Nifty also ...
Crude oil futures rally on Iran’s infrastructure hits. Traders eye $90 Brent as geopolitical risk premium returns and supply ...
Iran tensions, though supply routes remain unaffected. Indian Oil Minister Hardeep Singh Puri says there is no need to worry ...
The stocks snapped their two-day losing streak, which was earlier triggered by rising geopolitical tensions in the oil-rich ...
The crude oil market continues to see a lot of noisy action, as the war between Israel and Iran will be front and center, as the market will continue to worry about production. The oil situation is ...
Press Trust of India on MSN4h
Crude oil sensitive firms end lowerShares of crude oil sensitive sectors -- oil marketing companies, aviation, paints and adhesives -- ended lower on Tuesday following a spike in Brent crude oil prices amid the ongoing conflict between ...
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