Wall Street today: Wall Street losses deepened on Friday, August 2, with a sharp drop in US equities and US Treasury yields at multi-month lows after a weak jobs report fueled worries the US Federal Reserve has been too slow to cut key the interest rates, risking a more pronounced […]
crude oil prices
The Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+ kept the oil output policy unchanged at their meeting conducted on Thursday, but hinted at plans to start unwinding one layer of output cuts from October, and repeated that the hike could be paused or reversed […]
Oil prices dropped by over $1 per barrel on Monday following statements from Israeli officials who expressed a desire to prevent a full-scale conflict in the Middle East while addressing a lethal rocket attack in the Israeli-occupied Golan Heights over the weekend. By 11:17 a.m. EDT (1517 GMT), Brent futures […]
The Indian equity market is experiencing a robust bull run, climbing steadily despite several challenges. Domestic equity benchmarks Sensex and Nifty 50 recovered from post-budget losses and added 0.9 per cent and 1.24 per cent, respectively, for the week, posting the eighth week of gains — registering their best weekly […]
The highly-anticipated Union Budget week is finally here! The Indian stock market’s spectacular bull run ahead of the Budget session proved that investor sentiments are firm driven by hopes of policy announcements, domestic cyclicals, and growth-oriented sectors from the upcoming Union Budget 2024. In the fourth week of July, investors […]
Oil prices remained largely unchanged on Thursday as investors grappled with conflicting signals about crude demand. Concerns about a potential economic slowdown in the U.S. were balanced by rising expectations that the Federal Reserve might soon cut interest rates. By 11:41 a.m. EDT (1541 GMT), Brent futures had edged up […]
Oil prices remained stable as worries about demand in top importer China countered the support from strong demand elsewhere, OPEC’s supply restraint, and geopolitical tensions in the Middle East, on Monday. The broader market’s reaction to the attempted assassination of former U.S. President Donald Trump was closely watched. The U.S. […]
Oil prices stabilized on Wednesday as the Organization of the Petroleum Exporting Countries (OPEC) maintained its growth forecast for oil demand for this year and next, while U.S. crude and gasoline inventories likely decreased last week. At 1312 GMT, Brent futures rose by 1 cent, or 0.01%, to $84.67 a […]
Oil prices dipped on Monday after four weeks of gains, as concerns over supply disruptions eased amid hopes for a ceasefire deal in Gaza. However, the potential impact of Hurricane Beryl on supplies limited the decline. By 12:30 GMT, Brent crude futures had fallen 42 cents, or 0.5%, to $86.12 […]
International crude oil prices of Brent hit their highest level since April 2024 on Thursday, July 4, holding above the $87/barrel-mark after industry data showed a decline in US inventories. The surge in crude prices followed a larger-than-expected decline in US crude stocks after the US Energy Information Administration (EIA) […]