While diesel price has surpassed Rs 96 per litre in certain major cities, petrol price is generally above the Rs 100 per litre bar in most metro cities. Petrol and diesel rates have been steady since May of this year when fuel prices were revised nationwide. Tepid global cues and nervousness ahead of the earnings season have impacted sentiment, analysts said.Fuel prices across the country remained unchanged on October 15, Saturday. J11:08 AM IST Global factors, crude oil, macro data to drive stocks this week: Analysts.Oil prices slipped in Asia on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. Aug10:03 AM IST Oil edges lower as supply disruption concerns ease.Aug08:36 PM IST Brent oil climbs above $100 a barrel on potential OPEC cutsīrent crude for October settlement traded up $1.07, or 1.1%, at $101.29 a barrel by 1158 GMT.Septem07:35 PM IST US Fed interest rate decision key driver for markets movement this week: Analystsĭespite its strong decoupling scenario and encouraging macroeconomic data, domestic bourses succumbed to the global trend of rising bond yields and the dollar index as a result of rate hike fears in the global market.The Fed's company outlook index fell a whopping 33 points during the quarter to 33.1, while its uncertainty index jumped nearly threefold to 35.7, according to the survey, which polled 163 companies across Texas, New Mexico and Louisiana. Septem11:43 AM IST US oil execs fear recession, nagging supply shortages -Dallas Fed survey.The decision would squeeze supplies in an already tight market, adding to inflation. The cut from the Organization of Petroleum Exporting Countries and allies including Russia, together known as OPEC+, is its largest reduction since 2020 and comes ahead of a European Union embargo on Russian oil. Octo06:15 AM IST Oil prices extend gains after OPEC+ output cut plan.Global crude prices slipped in early Asian trade on Friday as US crude and gasoline inventories jumped, while Saudi Arabia and Washington continued to clash over plans by OPEC+ to slash production. Octo09:00 AM IST Fuel Prices On October 14: Check petrol, diesel rates in Delhi, Mumbai and other cities.International benchmark Brent crude futures gained 27 cents to $93.53 per barrel by 0415 GMT, after falling 0.3 per cent in the previous session. Speculation that central banks could be nearing the end of rate-hiking cycles added support, after the European Central bank raised rates by 75 basis points. Octo06:03 AM IST Oil settles higher on strong crude demand, easing recession fears.Oil and gas upstream investment needs to increase and be sustained at near pre-COVID levels of $525 billion through 2030 to ensure market balance, according to International Energy Forum Novem02:32 PM IST Top energy forum echoes Hardeep Puri, sees oil at $100 if Russia chokes supplies.While India has said that it’s under no pressure to accept the price cap, reports indicate that Indian refiners are wary of buying Russian crude at a higher rate once the proposed G7 price cap kicks in. ![]() Decem04:09 PM IST MC Explains: G7 price cap on Russian crude, OPEC+ production cut: Key triggers for global oil market.Union Petroleum Minister Hardeep Singh Puri said in Lok Sabha that petrol prices in India are the lowest compared to other countries in view of the current global situation and international crude prices. ![]() Decem07:24 AM IST Fuel Prices on December 20: Check petrol, diesel rates in Delhi, Mumbai and other cities
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