USD/INR trading at 69.75 against its opening at 69.62.
Asian shares steady after Easter weekend; oil hits 2019 highs.
Oil near 2019 highs after U.S. ends all Iran sanction exemptions.
Sensex recoups losses, gains 75 points, Nifty tests 11,600.
Saudi can raise oil output but will assess impact of Iran waivers ending.
U.S. to end all waivers on imports of Iranian oil, crude price jumps.
Russia, OPEC may ditch oil deal to fight for market share: Russian minister.
Weak first quarter seen for U.S. refiners, but brighter summer expected.
Japan's Aso to travel to U.S. on April 25 for meeting with Mnuchin: source.
EU gives May till 31st October for Brexit, seeking clarity.
Dollar broadly higher in thin post-holiday trade; euro, Aussie dip.
India to get extra oil from major producers to make up for Iran oil loss: minister.
Japan expects limited impact from U.S. move to scrap Iran oil sanctions waivers.
Gold steadies as strong equities counter support from U.S.-Iran jitters.
Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sources.
Japan seen hiking sales tax to 10 percent in October, fourth-quarter GDP to contract.
MCX crude oil price rises 0.2 percent to 4,605 rupees per barrel from its last close of 4,593 rupees.
USD/INR Closed at 70.90 against its open of 70.79. Dollar closed higher on increased bids from oil importers amid caution ahead of the Organisation of Petroleum Exporting Countries (OPEC) meeting outcome later today. Investors will remain risk-averse ahead of the OPEC meet. Oil bids will be seen. Also, more clarity on US-China trade truce is awaited. Brent crude oil prices plunged further in tepid trading ahead of a meeting by producer group OPEC that is expected to result in a supply cut aimed at draining a glut that has pulled down crude prices by 30% since October.
OPEC meet starts at 2:30PM and press meet is around 3:30 PM. Russia, a major oil producer but not a member of OPEC, will meet with the producer cartel on Friday to discuss production levels, and it is widely expected that a supply cut will be agreed.
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