Crude oil prices fell on Monday, August 5, after the US stock market indices crashed due to rising fears of an economic recession. The oil price declines were limited to an extent as crude oil supply remains in question from the Libyan supply losses and increasing conflict in the Middle […]
oil prices
Oil prices declined on Monday following President Joe Biden’s announcement that he would not pursue a second term, while investors speculated about potential U.S. interest rate cuts as early as September. By 1327 GMT, Brent crude futures had decreased by 68 cents, or 0.82%, to $81.95 per barrel. U.S. West […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open lower on Monday tracking weak cues from global peers. Asian markets traded lower, while the US stock market ended in the red on Friday amid uncertainty over the global technical outage. Markets are likely […]
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 […]
Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open flat-to-positive on Thursday amid weakness in global markets. Asian markets traded lower, while the US stock market ended largely in the red overnight amid selling in technology and chip stocks, with the Nasdaq recording […]
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 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) […]
Indian stock market: The domestic equity market is expected to open higher on Thursday tracking positive cues from global peers. Asian markets traded higher, while the US stock market ended mostly in the green overnight after data pointed to a softening economy, raising hopes for an interest rate cut by […]
Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open flat with a positive bias on Tuesday amid mixed cues from global peers. Asian markets traded lower, while the US stock market ended higher overnight led by gains in megacap tech stocks. The US […]