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In Delhi, petrol cost Rs 96.72 a litre and diesel Rs 89.62 a litre. In Mumbai, petrol is being sold at Rs 106.31 a litre and diesel Rs 94.27 a litre.
Crude has weakened this month, shedding all of the year’s gains, as central banks tighten monetary policy and the macroeconomic outlook sours
In Delhi, petrol cost Rs 96.72 a litre and diesel Rs 89.62 a litre. In Mumbai, petrol is being sold at Rs 106.31 a litre and diesel Rs 94.27 a litre.
The 23-nation group has only just implemented the hefty 2 million barrel-a-day reduction agreed at its last gathering in October, and the full impact of that cut is unclear amid severe gyrations in prices
Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion.
The world’s second-largest brewer expects a jump in input costs “in the high-teens per hectolitre” next year, along with “significantly higher energy costs, particularly in Europe”.
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre.
Crude also gained support from dollar weakness prompted by euro zone factory data and the Federal Reserve Chair saying the pace of U.S. interest rate hikes could be scaled back.
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre.
Brent crude futures rose $2.06, or 2.48% to $85.09 per barrel by 1044 GMT. The more active February Brent crude contract rose by 2.02% to $85.95.
Globally, gold was trading 0.32 per cent higher at USD 1,769.30 per ounce in New York.
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre.
It’s a bleaker outlook for prices that runs counter to earlier optimism that China was preparing to exit the worst of its virus controls, after the government released a 20-point plan earlier this month refining its Covid Zero policies
ADNOC's board of directors, which was chaired by the UAE's President Sheikh Mohammed bin Zayed on Monday, also approved the creation of ADNOC Gas
The dollar rose on demand for havens as protests over harsh anti-virus curbs spread across the world’s largest crude importer
China, the world's top oil importer, on Friday reported a new daily record for COVID-19 infections, as cities across the country continued to enforce mobility measures and other curbs to control outbreaks
In Delhi, petrol and diesel cost Rs 96.72 per litre and Rs 89.62 per litre, respectively. In Mumbai, petrol is being sold for Rs 106.31 a litre and diesel for Rs 94.27 a litre
In the previous trade, the yellow metal had settled at Rs 53,255 per 10 grams.
Business leaders have responded to India’s policy initiatives on green hydrogen with huge investments to build an ecosystem that could hasten the process of deep decarbonisation
Brent crude was down $2.80, or 3.1%, at $86.97 a barrel by 11:48 a.m. EST (1648 GMT), having touched its lowest since September 28 at $85.80. U.S. West Texas Intermediate (WTI) crude was down $2.79, or 3.4%, at $78.85.
Spot gold fell 0.3% to $1,755.15 per ounce by 10:30 a.m. ET (1530 GMT), set for a weekly decline of about 0.8%, its biggest since mid-October.
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Spot gold was little changed at $1,677.04 per ounce by 10:34 a.m. ET (1534 GMT), after rising more than 3% to its highest since Oct. 13 at $1,681.69 on Friday.
Brent crude futures were down 1 cent, or 0.1%, to $98.56 a barrel at 1444 GMT. U.S. West Texas Intermediate crude rose by 4 cents, or 0.04%, to $92.65.
In the previous trade, the precious metal had settled at Rs 51,120 per 10 grams.
