Oil prices rose on Thursday, January 25, after data showed US crude stockpiles fell more than expected last week and a fresh attack by Houthi forces on ships off Yemen’s coast underscored the peril facing trade in a key global transit route. Europe policymakers only see price growth returning to the two target in 2025 …
Indian stock market: The Indian stock market indices, Sensex and Nifty 50, are expected to open on a cautious note on Tuesday amid mixed global market cues. Asian markets traded lower while the European stock and bond markets declined. The US stock market was shut on Monday. The domestic equity indices hit a record high …
Asian markets traded lower while the US stocks ended in the red overnight after the US Federal Reserve meeting minutes indicated interest rates will remain elevated for longer. Catch Live Market Updates here Spike in crude oil prices amid increasing geopolitical tensions in the Middle East is also likely to weigh on sentiment. The benchmark …
Indian stock market: The domestic equity market is expected to open lower on Wednesday, extending the decline, following weak global market cues. The Asian markets traded lower, while the US stock market ended mixed overnight. Catch Live Market Updates here Investors will focus on the US Federal Reserve meeting minutes and India’s manufacturing PMI data …
Crude futures lost over 10 per cent in 2023 in a volatile year of trading and reported their biggest annual drop since 2020, marked by geopolitical conflict in the Middle East and concerns about the oil output levels of major producers around the world. Organisation of Petroleum Exporting Countries (OPEC) is currently cutting output by …
Brent crude and US crude futures finished at a small loss following a see-saw session, in which prices fell more than $1 a barrel at one point on Friday, December 15, as traders tried to reconcile mixed signals for oil demand in the coming year. The oil market declined in the session after a Federal …
Oil prices declined more than 2 per cent in the previous session as investors remained cautious over the depth of supply cuts announced by the Organisation of Petroleum Exporting Countries and its allies (OPEC+). Concerns over sluggish global manufacturing activity also weighed on market sentiments. Brent crude futures for February settled down $1.98, or 2.45 …
Oil prices plunged 4 per cent on Wednesday, November 22, after the Organisation of Petroleum Exporting Countries and it allies (OPEC+) unexpectedly delayed the policy meeting on output planned for Sunday, raising questions about the future course of crude production cuts. OPEC+ will now hold its ministerial meeting on November 30, instead of November 26 …
The tax, imposed as Special Additional Excise Duty (SAED) on crude oil, has been lowered from ₹9,800 per tonne to ₹6,300 per tonne, as stated in an official release, PTI reported. Meanwhile, the government has decided to decrease the SAED on diesel exports from ₹2 per litre to Re 1 per litre. Also Read: Windfall …
News World Israel-Hamas War Live News Updates: After two dead, Israel military to help evacuate babies from Gaza’s Al Shifa hospital Israel-Hamas War News Live Updates: Since the attack on 7 October, over 11,000 Palestinians have died in war-torn Gaza, of which around 40 percent are children. An Israeli mobile artillery unit fires a shell …