In an otherwise sluggish market, shares of Mangalore Refinery & Petrochemicals (MRPL) and Chennai Petroleum Corporation (CPCL) soared up to 19% and touched 52-week highs on...
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edible oil company’s stock has increased by 86% in the last four days.
In Thursday’s intra-day trade on the BSE, shares of Poona Dal & Oil Industries set a new high of Rs 103.15 and remained trapped at the...
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Oil falls 5% to 107.25 dollar per barrel after IMF cuts growth outlook
Oil prices were down about 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) cut its economic growth forecasts and warned of...
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Global oil prices fall most in 2 years as UAE supports output hike
Global oil prices fell on Wednesday by the most in nearly two years after OPEC member the United Arab Emirates said it supported pumping more oil into...
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India cuts tax on crude palm oil imports to help consumers, refiners
India has cut its tax on crude palm oil (CPO) imports to 5% from 7.5%, the government said in a notification, as the world’s biggest edible...
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Oil rises on big decline in U.S. crude stocks
By Administrator_India Capital Sands Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in...
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Oil falls for second day as India’s COVID-19 surge to dent fuel demand
By Administrator_India Capital Sands Oil prices fell for a second day on Wednesday on concerns that soaring COVID-19 cases in India will drive down fuel demand...
Continue reading... Oil climbs on weaker dollar, outweighing OPEC+ supply worries
By Administrator_India Capital Sands Oil prices rose early on Tuesday as a drop in the US dollar made crude a more attractive buy, paring losses of...
Continue reading... Oil gains ahead of OPEC+ meeting on output policy
By Administrator_India Capital Sands Crude prices rose on Thursday, recouping some of the previous session’s losses on expectations that a meeting of OPEC and its allies...
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Petrol price nears all-time high after oil companies hike rates after month-long hiatus
By Administrator_India Capital Sands Petrol price on Wednesday neared all-time high after state-owned fuel retailers hiked rates after a nearly month-long hiatus. Petrol price was raised...
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