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OIL PRICE SPIKE
Petrol could cost Rs 125/litre without ethanol blending: GovernmentThe Ministry of Petroleum defended the Ethanol Blended Petrol Programme against criticisms. It stated petrol prices would have risen signif...- 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...
- Mastercard profit beats estimates on strong consumer spendingMastercard reported better-than-expected second-quarter profits on Thursday. Strong transaction volumes and resilient consumer spending sup...
- Iran resumes missile attacks as US and Saudis strike Tehran-backed militias in IraqThe flare-up on multiple fronts, after several days of relative calm, raised the risk of a return to all-out war. It also underscored the d...
- Trump and Netanyahu explored all Iran options including attack, Israeli official saysUS President Trump and Israeli Prime Minister Netanyahu explored all paths to curb Iran's nuclear program. Diplomacy, economic pressure, an...
- Oil prices slip as tankers continue to ply Middle East conflict zonesOil prices saw a decline as tankers continued to move out of the Middle East. Escalating tensions and expanded conflict fronts are impactin...
- US Treasury yields rise after three-day fall as oil jumps, Fed decision loomsAs oil prices surged, treasury yields took notice, raising inflation worries in the market. Traders are keeping a watchful eye on the Feder...
- US Stock Market: Bond investors turn cautious ahead of Fed meeting as inflation risks cloud rate outlookBond investors are adopting a cautious stance before the Federal Reserve policy meeting. Uncertainty over inflation and interest rates push...
- Barclays sees RBI holding rates in Aug policy as FCNR(B) inflows ease rupee concernsIn the forthcoming monetary policy meeting, the Reserve Bank of India is likely to maintain the current interest rates. The recent surge in...
- US Stock Market: Wall Street divided on Fed as rising crude prices boost rate hike expectationsThe US Federal Reserve's policy meeting has become harder to predict as surging oil prices and renewed geopolitical tensions raise the risk...
- US energy cushion faces new stress test as Middle East risks rise againAs Middle East tensions rise, America’s energy market stability is put to the test. Record levels of electricity demand and heavy data-cent...
- Nifty closes below key 23,800 level on Gulf war ripplesIndian equities experienced a decline on Friday, influenced by rising crude oil prices. The depreciation of the Indian rupee also contribut...
- Why is market falling today? Sensex slumps over 850 points: 7 key factors behind Rs 5 lakh crore routIndian stock markets experienced sharp losses for a fifth straight session on Friday. Sensex and Nifty indices saw significant drops, refle...
- Global Market: Japanese investors dump overseas bonds as rising crude revives inflation fearsJapanese investors sold foreign bonds at the fastest pace in nearly three months during the week ended July 18 as surging oil prices revive...
- D-St set for a negative opening as GIFT Nifty signals weak startDomestic equities extended losses for a fourth consecutive session, with the Nifty declining. Investor sentiment remained fragile amid a sh...
- Updated: Indian bonds fall for third session as oil prices near $100 a barrelIndian government bonds experienced a decline for the third straight session on Thursday, primarily influenced by escalating tensions in th...
- Rupee ends nearly flat as central bank intervention blunts oil strainOn Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...
- Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
- Gold gains as hopes for US-Iran diplomacy cool oil price rallyGold prices saw an increase as oil prices softened due to diplomatic efforts. Yemen's Houthis threatened a naval blockade, which could disr...
- RIL sees better global refining margins despite oilfield attacksReliance Industries anticipates stronger global refining margins in upcoming quarters. Structural capacity losses in Russia and the Middle ...
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