Fuel

Oil Prices Rise On Hope As China Started Reopening

Oil Prices Rise On Hope As China Started Reopening

Oil prices surged on Wednesday as the market was optimistic about the fuel demand since China continues to ease its COVID-19 restrictions. Brent futures for February delivery rose 31 cents to $84.64 a barrel, a 0.4% gain, by 0117 GMT. Besides, US crude advanced 22 cents or 0.3%, to $79.75 per barrel. Both standard prices…

Rupee Plunged To A Record Low – Fuel Price In India Is Expected To Rise

Rupee Plunged To A Record Low – Fuel Price In India Is Expected To Rise

The Indian Rupee has dived a record low of 77.02 against a US dollar on Monday, and as per a poll conducted by Economic Times, it is further expected to plunge around 80 in the next few days. This record decrease in Rupee’s value is a consequence of the crude oil hike in the global…