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Brent crude oil rises above $112 after BarCap note

High crude prices are the greatest risk to the economy: Richard Gibbs
A further rise in crude oil prices can widen India's current account deficit and weaken the rupee. It can put pressure back on inflation, thwarting RBI's scope to ease liquidity and worsen the fiscal situation, Richard Gibbs, global head of economics, Macquarie Research, tells Puneet Wadhwa. Edited excerpts: The first quarter of CY12 has seen a stupendous liquidity-based rally across global equity

Oil falls on Iran talks, U.S. jobs data

Oil prices fell more than $1 on Monday after Iran agreed to resume talks over its nuclear programme, easing fears of a supply disruption in the Middle East. Prices were also under pressure on

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Discussions over cotton exports on Monday

An inter-ministerial group is slated to meet on Monday to discuss the vexed issue of cotton exports, a point of dispute between the agriculture and commerce departments. The finance, industries

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Oil rises above $123 on fears of supply disruption

Oil rose above $123 a barrel on Thursday, bouncing from sharp falls in the previous two sessions, on growing concerns over Iranian oil supplies being disrupted due to Western sanctions. In a move

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Brent rises above $123 on supply disruption fears

Brent crude rose above $123 a barrel on Thursday, after sharp falls in the previous session, lifted by growing concerns over Iranian supplies being disrupted due to Western sanctions. In a move that

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US crude oil supplies grow by 9 million barrels
The nation's crude oil supplies expanded by much more than analysts expected last week, according to government data released Wednesday.

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