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Why did market rise today? Sensex jumps 564 pts, Nifty closes above 23,400. 4 key factors driving the surgeIndian stock markets saw gains on Monday, with Sensex and Nifty rising. Cooling oil prices and strong global cues boosted investor sentimen...
Hormuz shuttles keep oil flowing, but at a high costMiddle East oil producers are increasingly using ship-to-ship (STS) transfers off Oman to keep crude exports moving despite disruptions fro...
Welspun Corp shares rally 5% as firm bags Rs 2,000 crore order from Saudi Aramco; stock up over 230% YTDWelspun Corp shares are in focus after its associate company EPIC secured a Rs 2,000 crore Saudi Aramco order for steel pipes. The stock ha...
Oil Price Today (September 21): Crude oil falls for 4th day, below $102. What’s triggering the fall?Brent crude futures fell $2.16 cents, or 2.1%, to $101.70 a barrel after settling 0.91% lower on Friday. US West Texas Intermediate crude d...
Oil slips as investors assess Saudi export recoveryOil prices experienced a decrease as Saudi Arabia managed to resume shipments following Houthi assaults. These attacks on Saudi sites led t...
Stocks in news: RVNL, Lenskart, Mazagon Dock, Maruti Suzuki India and Nestle IndiaIndian equities concluded Friday's session with marginal gains, supported by softer crude prices. Several companies like RVNL and Mazagon D...
Yemen's Houthi rebels target Riyadh with ballistic missile, Saudi Arabia saysSaudi Arabia said Yemen’s Houthi rebels launched a ballistic missile toward Riyadh and attempted attacks on civilian infrastructure in seve...
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...
Russian oil uncertainty hangs over India’s largest buyersIndian state-owned refiners are facing rising crude supply uncertainty as Middle East disruptions coincide with the risk of tougher US rest...
F-15 fighter jet and drone shot down by Houthis in Yemen, claim Iran-backed rebels also say Saudi Arabia carried out 40 airstrikesYemen’s Houthi rebels have claimed they shot down a Saudi F-15 over Marib and released footage purportedly showing the missile strike and a...
Aramco closes supply tap for Indian refiners, new oil barrels to cost moreSaudi Arabia has sold some spot cargoes to traders expected to deliver small volumes to Indian refiners through Hormuz. The risk-taking tra...
Alleging Houthi attack on Mecca, Saudis hit YemenSaudi warplanes pounded Yemen while Houthi fighters launched drones and missiles at Saudi cities. The United States tightened its travel wa...
Ex-Infosys CEO Vishal Sikka’s startup Hang Ten Systems raises $53 millionHang Ten is building AI software for large enterprises, with a focus on software development and other technology-intensive work. Its platf...
Oil Price Today (September 16): Crude oil hovers below $109 despite rising Saudi supply concerns. $120 soon?Investors are now watching how long Saudi Arabia’s East-West pipeline will remain out of operation. Drone strikes forced the pipeline to sh...
Global Market Today: Asian stocks steady as traders await Fed decisionMSCI’s Asian equities index advanced 0.1%. Contracts for Wall Street gauges also nudged up in early trading as OpenAI weighed a new funding...
Saudi pipeline hit by drones to be out of service for weeks, further restricting oil flowA Saudi oil pipeline faces weeks of repairs after an attack, impacting global petroleum supplies. Houthi rebels captured key Red Sea island...
Saudi oil pipeline hit in strikes will be mostly out of service for several weeks for repairA key Saudi oil pipeline will remain out of service for weeks following a drone attack. The East-West Pipeline is crucial for Saudi Arabia'...
Who is fighting in Yemen? Key factions battling for control of the countryHouthi militants backed by Iran are intensifying fighting in Yemen. They aim to control the Red Sea coast and the Bab el-Mandeb Strait. Thi...
Saudi-led coalition in Yemen says 73 injured in Houthi attacks on the kingdomThe Houthis, who control the most populous parts of Yemen and much of the north, have been launching attacks towards Saudi Arabia since t...
Welspun Corp shares jump 6% after Jefferies initiates coverage with Buy rating. Should you invest?Welspun Corp shares jumped nearly 6% after Jefferies initiated coverage with a Buy rating and a Rs 3,250 target price, implying 27% upside....