India 10-Year Bond Yield Rises To 3-Week High; GDP Data In Focus

India’s benchmark 10-year bond yield touched a three-week high in early trade, as global crude oil prices rose further raising concerns over the need for the central bank to tighten monetary policy to contain inflation. By  | Published: 30-Jun-22 05:10

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Oil Rises To 2-Month High On Tight Supplies, EU Seeks Russian Crude Ban

Hungary remains a stumbling block, as EU sanctions require unanimous support. Hungary is pressing for about 750 million euros ($800 million) to upgrade its refineries and expand a pipeline from Croatia. By  Reuters | Published: 29-Jun-22 11:34 PM IST 0 

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Indian Oil Minister Says Oil At $110 A Barrel Not Sustainable

India’s Oil Minister Hardeep Singh Puri told the World Economic Forum in Davos on Tuesday that a crude oil price of $110 a barrel was not sustainable By  Reuters | Published: 29-Jun-22 11:24 PM IST 0  Views India’s Oil Minister

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Cabinet Clears Deregulation Of Domestic Crude Oil Sale

< div itemprop=”articleBody” id=”ins_storybody”> Union Cabinet has cleared proposal to deregulate sale of domestic crude oil The Union Cabinet on Wednesday approved deregulation of sale of domestically produced crude oil. The move will ensure marketing freedom for all exploration and production companies.

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Oil Settles Shy Of $120 A Barrel On OPEC+ Deal, Saudi Pricing

Saudi Arabia raised the July official selling price (OSP) for its flagship Arab light crude to Asia by $2.10 from June to a $6.50 premium over Oman/Dubai quotes, just off an all-time peak recorded in May By  Reuters | Published:

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India’s Fuel Demand Jumps 24% Year-On-Year In May

Last month’s increase was the biggest year-on-year jump since April 2021. Consumption also rose modestly, by 0.4%, from April. By  Reuters | Published: 27-Jun-22 04:05 PM IST 0  Views India’s fuel consumption jumped 23.8% in May from a year earlier,

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