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High crude oil prices drive rupee to fresh low

High crude oil prices drive rupee to fresh low

Mumbai : High global crude oil prices, along with continuous outflow of foreign funds pulled the Indian rupee to a fresh low on Thursday. According to analysts, caution ahead of key macro-economic data, coupled with a rise in demand for ...

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Iran downplays impact of US sanction threats

Iran downplays impact of US sanction threats

Tehran : Iranian Petroleum Ministry has said that there has been no major change in Iran’s production and export of crude oil despite US sanction threats. Iran has plans to counter US President Donald Trump’s threats to stop Iran’s oil ...

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Oil prices post worst weekly loss in two years

Oil prices post worst weekly loss in two years

By Ovunc Kutlu, New York: Crude oil prices posted their biggest weekly losses Friday in more than two years, after rising crude production and the number of oil rigs in the U.S. has brought back fears that crude supply would ...

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Keystone pipeline oil to flow to US again Tuesday

Keystone pipeline oil to flow to US again Tuesday

By Barry Ellsworth, Trenton, Canada : Crude oil will start flowing again through the Keystone XL pipeline Tuesday after it was shut down earlier this month due to a 210,000-gallon spill in South Dakota. TransCanada Corporation said Monday in a ...

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