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GLOBAL OIL MARKET
Hormuz oil shuttling trade is picking up again after lullProducers are using their own vessels or fixed contracts to ensure oil delivery. This activity is crucial for global oil markets, which rel...
Rupee posts strongest week since March on RBI supportThe Indian rupee finished Friday on a strong note, marking its most significant weekly increase since March, thanks to continuous support f...
Global Market: European shares hit record high as tech rally, earnings lift sentimentEuropean shares hit a record high on Friday as a rally in technology stocks, easing crude oil prices and upbeat corporate earnings lifted i...
Drone attack in Egypt raises fresh fears over Suez Canal, global oil supplyA drone strike on Egyptian tankers has raised energy security concerns for the Suez Canal. This vital route offers a safe passage for Saudi...
Global Market: Bank of England expected to hold rates steady as inflation risks stay in focusThe Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...
Mideast war supercharges electric car sales: IEASoaring fuel prices due to the Mideast war have supercharged sales of electric cars in the second quarter, the International Energy Agency ...
America is making the most fuel since pre-covid. It’s not enoughAmerican refineries are processing crude oil at their highest rates since before the pandemic. Global fuel supplies remain critically low d...
India seeks sunflower oil alternatives on Black Sea disruptionsIndia is rushing to secure alternative edible oil supplies as Black Sea attacks disrupt sunflower oil shipments from Russia and Ukraine, ca...
Vedanta Oil & Gas Q1 Results: Co swings to black with Rs 945 crore profit, revenue up 9% YoYVedanta Oil & Gas posted a Rs 945 crore net profit for Q1 FY27. This marks a significant turnaround from the previous year's net loss. The ...
Global Market: Warning signals flash red as oil, AI concerns and debt risks rattle investorsSeveral key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation co...
Global Market Today: Oil jumps on renewed Middle East tension, US stock futures dipCrude oil prices surged and US equity futures declined following renewed Middle East conflict. American crude oil jumped nearly five percen...
Global Market Today: Asian stocks fall on AI jitters, oil extends dropAsian equities dropped as artificial intelligence spending concerns fueled chipmaker selloffs. Crude oil extended its decline, with Brent s...
Global Market: European shares rise as oil slumps on US-Iran de-escalation; tech earnings in focusEuropean stock markets gained as tensions eased between the United States and Iran. A sharp decline in oil prices supported sectors sensiti...
Global Markets: Japan's Nikkei rises as oil falls before key earningsJapan's Nikkei share average closed higher on Monday, boosted by lower oil prices. Investors remained cautious due to upcoming major earnin...
Global Market Today: Oil falls, Asian stocks rise as Iran tensions easeGlobal markets saw oil prices fall and stocks rise as US and Iran paused retaliatory strikes. The dollar weakened against peers while Treas...
Stocks mixed as oil prices pause climb but yields hover near highsGlobal bond yields remain near multi-decade highs as inflation worries persist. Stock markets found scattered relief as oil prices pulled b...
Global Market Today: Asian shares rise as chipmakers gain, oil climbsAsian shares advanced as regional chipmakers gained on artificial intelligence buildout expectations. Oil extended its rally after Houthi m...