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INVENTORY RECESSION
What if the Strait of Hormuz didn’t reopen?The Strait of Hormuz, a vital oil route, faces potential prolonged closure. This situation mirrors past disruptions, raising concerns about...
Iran has destroyed roughly $1 billion worth of US Reaper dronesIran has destroyed at least 24 MQ-9 Reaper drones operated by the US since the war began, with total losses possibly reaching 30, according...
Hormuz closure threatens recession rivaling 2008, Rapidan Energy Group saysRapidan Energy Group warns that if the Strait of Hormuz remains closed through August, the world economy could face a downturn approaching ...
War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...
Petrol-diesel price hike coming soon? Why IMF says it mustSpeculation mounts over potential petrol and diesel price hikes as assembly elections conclude, despite government assurances. The IMF urge...
Why oil and gas prices are rising today, April 29: Brent crude surges past $114 — here’s what rising oil prices mean for gas prices, inflation, and the Fed rate decision todayWhy US oil and gas prices are rising today, April 29: Brent crude has crossed $114 per barrel, while WTI trades above $103. At the center o...
The billion-barrel Hormuz oil shock is about to crash demandThe closure of the Strait of Hormuz is wreaking havoc on global oil supplies. Experts are cautioning that as stockpiles dwindle, demand is ...
Crude oil, copper, gold: The 3 commodities every beginner should track (and why they move!)Crude oil, copper, and gold are essential for new traders to grasp global market movements. Crude oil reflects energy trends, copper signal...
Let oil prices hurt: IMF cautions against govt shielding consumersThe IMF is urging governments to let fuel prices rise, warning that broad subsidies and price caps worsen global energy shocks. Allowing pr...
Crude oil prices may surge to $130-140 if West Asia War drags on, warns Kotak SecuritiesWest Asia conflict is pushing oil prices up. Brent crude could reach USD 130-140 if the war continues. India's inflation is expected to ris...
Oil nearly flat as macroeconomic concerns contend with tighter US supplyBrent crude futures edged higher 2 cents to $88.09 a barrel as of 0003 GMT, while U.S. West Texas Intermediate crude futures dipped 5 cents...
It feels like 'Lehman II’ in this crucial industryThe German specialty chemical maker Lanxess AG last week had warned recent fall in sales volumes was more severe than in the 2008-09 recess...
Oil prices rise more than 1% on Russian plan to cut outputThe G7 economies, the European Union and Australia agreed to ban the use of Western-supplied maritime insurance, finance and brokering for ...
Oil rises for third day as interest rate concerns easeComments from U.S. Federal Reserve Chair Jerome Powell on Tuesday were seen as less hawkish than feared, boosting risk appetite and weighin...
Oil steadies after 3% drop on demand fearsAnalysts said market sentiment remains split between worries about a recession hitting demand while supply stays tight as a European ban on...
Oil bounces around as tight supply offsets China, recession fears"Discussion within the oil complex still revolves around Libya's decline in production, China continuing to impose measures to slow the spr...
- LMW used downturn to cut flab successfully
The slow down saw companies pressing panic button and rushing to cut costs across the board- advertisements, people, travel and client inte...
- Japan's industrial output jumps 6%
Japanese industrial output jumped 5.9% in May as car and electronic production pulled out of a deep slump, although an inventory build-up i...
- Oil prices drop below 74 dollars
Oil prices fell below 74 dollars a barrel on Monday as fears of recession raised concerns about an extended drop in energy demand.