Crude Oil Prices Fall Nearly 6% After US and Iran Pause Military Strikes
Global crude oil prices dropped by around 6% after the United States and Iran agreed to pause military strikes, easing concerns over potential supply disruptions...
Tag : Crude Oil Prices
Key Factors Behind Today’s Market Decline
Indian equity markets traded lower on Thursday, with the BSE Sensex falling below the 73,800 mark and the NSE Nifty 50 slipping near 23,150. Weak...
Oil Heads for Biggest Weekly Gain Since February After US Fed Cut
Oil was on track for its biggest weekly advance since February after the Federal Reserve’s steep interest-rate cut, while traders continued to monitor steaming tensions...
Decrease in Crude Oil Prices Affecting India’s Oil Exports: CRISIL
The decrease in crude oil prices has affected India’s oil exports, resulting in a decline in overall exports in August. According to CRISIL, the scarcity...
Petrol and Diesel Prices may Reduce on Global Crude Rate Cuts: Petroleum Secretary
If global oil prices stay low, petrol and diesel prices may be cut in India. This relief is much needed as current prices encourage inflation...
Oil Declines to 11-Month Low as China COVID Unrest Rattles Markets
On Monday, oil prices dropped sharply to a nearly 11-month low as escalating protests in several major Chinese cities ramped up concerns over growing economic...
Crude Oil Weakens; Demand Concerns Increase as Building Permits Fall
On Tuesday, oil prices weakened, as evidenced by a weakening US housing market. However, movements are limited before the start of the latest US Federal...
Crude Oil Falls 3% on Demand Concerns, Strong Dollar
On Thursday, brent crude oil slipped 3% as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate gain...
Asian Stocks Rise on Upbeat Data, Fed Hawks Lift Dollar
Asian shares rose on Thursday from a strong rally on Wall Street after strong economic data, and upbeat corporate guidance dampened investor interest. Fed officials...
Oil Falls About 2% From Multi-Year Highs
Crude oil prices fell about 2 per cent from their highest level in the year on June 17 as the dollar strengthened after the US...