Iraq crisis

Oil prices diverge as market eyes Iraq crisis

World oil prices diverged on Tuesday, holding close to recent peaks amid ongoing concerns over violence in crude-producer Iraq.

Jun 25, 2014, 08:46 AM IST

LPG likely to be costlier by Rs 5; Kerosene by Re 1

The government may hike LPG prices by Rs 5 and kerosene by Re 1 due to spurt in crude oil price in international market.

Jun 24, 2014, 15:37 PM IST

Oil drops below $114, Iraq oil data eases supply worries

Brent crude slipped below $114 a barrel on Tuesday, as data showing near-record high oil exports from Iraq indicated supplies remained unaffected by the escalating violence at the OPEC`s No. 2 producer.

Jun 24, 2014, 10:50 AM IST

Gold price below 2-month high, hovering above $1,316 per ounce

Gold price last quoted down nearly 0.1 percent at USD 1,316.70 an ounce.

Jun 24, 2014, 09:24 AM IST

Govt concerned over Iraq impact on oil prices

With its heavy reliance on imported oil from Iraq making it vulnerable to the conflict there, the new government is concerned over the impact spurt in oil prices may have on its plans to resuscitate the economy.

Jun 23, 2014, 14:15 PM IST

Oil price risks put inflation back in focus

Oil prices neared nine-month highs late last week, touching $115 a barrel.

Jun 22, 2014, 15:23 PM IST

Oil prices eases back from 9-month high; Brent settles at $114.81/barrel

Brent crude for delivery in August eased back from its nine-month high the previous day, shedding 25 cents to settle at $114.81 a barrel in London.

Jun 21, 2014, 11:12 AM IST

Sensex, Nifty fall to 2-week lows on Iraq crisis

The 30-share index Sensex resumed higher at 25,237.54 and hovered in a range of 25,276.31 and 25,056.18 before ending at 25,105.51.

Jun 20, 2014, 17:57 PM IST

World stocks at record high, gold holds gains as dollar dips

An index of global stocks was near record highs on Friday while gold celebrated its biggest one-day rise in nine months.

Jun 20, 2014, 10:15 AM IST

Gold price today: Latest updates

Gold prices zoomed by Rs 785 to close at Rs 27,611 per ten grams Thursday after moving in range of Rs 26,800- Rs 27,653.

Jun 20, 2014, 09:48 AM IST

S&P 500 edges to record as investors weigh data, Iraq

The S&P 500 Thursday edged to a new record as investors weighed solid economic data with ongoing violence in Iraq that pushed oil prices to a new nine-month high.

Jun 20, 2014, 09:10 AM IST

Crude oil hits 9-month high above $115 a barrel on Iraq conflict

Brent crude hit a nine-month high of more than USD115 a barrel on Thursday as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict.

Jun 20, 2014, 08:47 AM IST

Crisis in Iraq will lead to spike in inflation: Mukesh Ambani

Mukesh Ambani, chairman of Reliance Industries which operates the world's largest single-location oil refinery at Jamnagar, Thursday said the crisis in Iraq will lead to higher fuel prices which in turn will raise inflation.

Jun 19, 2014, 22:11 PM IST

Oil hits nine-month high near $115 on Iraq turmoil

Brent crude hit a nine-month high near USD 115 a barrel on Thursday on concerns heavy fighting in Iraq could limit oil supply from OPEC`s second-biggest producer.

Jun 19, 2014, 16:55 PM IST

Crude oil above $114 near nine-month high on Iraq turmoil

Brent crude held near a nine-month high above USD 114 a barrel on Thursday supported by concerns about potential supply disruptions due to fighting in Iraq.

Jun 19, 2014, 11:46 AM IST

Oil prices hit 9-month high on Iraq crisis

Brent rose 36 cents to USD 113.38 a barrel by 0339 GMT, after earlier hitting USD 113.75 - its loftiest since September last year.

Jun 13, 2014, 10:07 AM IST