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U.S. STRATEGIC PETROLEUM RESERVE
IMF looks forward to engaging with Fed on its review of communications, forward guidanceThe International Monetary Fund anticipates discussions with the Federal Reserve. They will engage on the findings of the Fed's planned rev...- Strategic oil reserve buying set to support crude demand through 2028To enhance energy security and stabilize market prices, various governments plan to acquire millions of oil barrels up to 2028. This approa...
- Global Market: HSBC cuts gold price forecasts for 2026-27 on hawkish Fed outlookHSBC has lowered its average gold price forecasts for 2026 and 2027. This adjustment stems from expectations of a stronger U.S. dollar and ...
- Can US President Trump 'cut off all trade' with Spain?President Trump has ordered a trade embargo against Spain, which includes cutting off all trade. This action stems from ongoing tensions re...
- Binance co-CEO says platform's trading in US assets exceeds $3 billionRichard Teng, co-chief executive of cryptocurrency exchange Binance, said that trading in U.S. stocks and exchange-traded funds in the com...
- BPCL buys 1 million barrels of US crude via tender, sources sayBharat Petroleum Corporation has purchased one million barrels of US West Texas Intermediate crude oil. This significant purchase was made ...
- Gold prices fall to Rs 1.43 lakh/10 grams, silver dips Rs 15,000 in 4 days as Iran war raises inflation worries. Time to exit?Gold and silver prices extended losses for a fourth straight session on Thursday, pressured by renewed geopolitical tensions, higher oil pr...
- Gold dips as Mideast hostilities revive inflation concernsGold prices experienced a decline on Thursday after recent drops. Renewed hostilities between the United States and Iran fueled inflation w...
- Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike betsThe U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's streng...
- US futures tumble as Trump says Iran deal is 'over'; oil climbsOn Wednesday morning, U.S. stock futures took a significant hit as President Donald Trump declared the memorandum of understanding with Ira...
- US trade deficit widens sharply in May as capital goods imports hit record highThe United States trade deficit significantly widened in May. Imports of capital goods reached a record high, driven by artificial intellig...
- Global oil market weathers Iran war shock, but reserve depletion raises future price risksThe global oil market absorbed record supply disruptions during the Iran conflict without triggering a prolonged price shock. But analysts ...
- Gold down as markets await Fed meeting minutes for policy directionGold prices declined Tuesday, trading below recent highs. Investors await U.S. Federal Reserve minutes for policy direction. U.S. services ...
- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- US Stock Market: Fed minutes, corporate earnings to set the tone for Wall Street this weekInvestors will focus on the U.S. Federal Reserve's meeting minutes and the start of the second-quarter earnings season this week to gauge t...
- Dollar set for biggest weekly drop since April after jobs data lowers Fed hike betsThe US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectatio...
- Gold heads for first weekly rise in five on easing Fed rate hike betsGold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data...
- Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
- Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
- Wall Street Week Ahead: Jobs data, rate bets in focus as US stocks close solid first halfUpcoming jobs data could signal a strong U.S. economy, potentially leading to interest rate hikes and stock market jitters, especially for ...
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