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OIL PRICE INCREASE DUE TO MIDDLE EAST TENSIONS
Global Market: Euro zone bond yields dip ahead of US CPI, heavy debt supplyEuro zone government bond prices edged higher as investors remained cautious ahead of key U.S. inflation data and a heavy pipeline of new b...
Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
Global Market: Japan stocks muted as investors await US CPI reportJapan’s Nikkei traded largely sideways as investors awaited US CPI data for clues on the Federal Reserve’s interest-rate outlook, while Mid...
Gold prices rise Rs 1,200/10g; silver jumps Rs 2,612/kg as traders eye US inflation data. Check key levelsGold and silver prices opened higher on the MCX as investors awaited US inflation data for cues on the Federal Reserve’s rate outlook. Risi...
Oil Price Today (August 12): Crude oil reclaims $90 again after fresh attacks on ships. What are experts saying?Brent crude futures were up 72 cents, or 0.81%, at $89.63, while US West Texas Intermediate (WTI) crude gained 71 cents, or 0.85%, to $83.9...
Oil rises as doubts over US-Iran deal heighten supply concernsOil prices increased Wednesday morning due to Middle East supply worries. Attacks on ships fueled concerns about disruptions in vital shipp...
Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...
Rupee retreats to near two-week low, closes at 95.43 vs USD as US-Iran standoff pushes oil higherThe Indian rupee tumbled to a two-week low on Tuesday as surging oil prices and waning optimism regarding a U.S.-Iran deal pressured the cu...
Global Market |Bank of Japan signals vigilance on Yen weakness, keeps door open for rate hikesThe Bank of Japan monitors yen weakness closely, with Governor Kazuo Ueda highlighting its impact on import costs and inflation. While shor...
Global Market: China bears the brunt of Asia’s crude oil demand cut as Middle East supplies shrinkChina is bearing the brunt of Asia’s crude oil demand slowdown as Middle East supplies shrink following the Iran conflict. Chinese crude im...
$48 billion profit! 5 global oil majors cash in on oil surge amid Iran war. Where is money flowing?Five global oil majors — Exxon Mobil, Chevron, BP, Shell and TotalEnergies — posted a combined $48 billion profit in Q2, benefiting from oi...
US stock rally faces inflation test as investors weigh Fed rate pathUS stocks’ technology-led rally faces a crucial test this week as investors await inflation data for clues on the Federal Reserve’s interes...
Natural gas loses momentum despite geopolitical risks: Will prices recover?Natural gas prices remain subdued despite Middle East tensions, as abundant U.S. production, rising LNG supplies and healthy inventories ou...
Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
Global Market: European shares rise as healthcare stocks offset geopolitical concerns; investors await US jobs dataEuropean stock markets edged higher on Friday, supported by gains in healthcare stocks, while rising oil prices and renewed Middle East ten...
Fortune maker AWL piles up edible oil stocks as Middle East, Ukraine wars rattle supply chains: CEO Shrikant KanhereAWL Agri Business is increasing edible oil inventories to counter supply chain disruptions. The company has boosted its stock cover to fort...
Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
Global Market: China stocks hit one-week high as chip rally offsets optical module slumpChinese equities climbed to a one-week high, led by semiconductor stocks, while Hong Kong shares edged higher. Improving global risk sentim...
Global Market: Euro zone bond yields decline as falling oil prices boost market sentimentEuro zone government bond yields declined after oil prices retreated on hopes of easing Middle East tensions, reducing inflation concerns a...
Oil Price Today (August 3): Crude oil crashes 5% below $84 as Trump delays attack on Iran. What are experts saying?Brent crude futures fell $4.37, or 5%, to $83.56 a barrel, while U.S. West Texas Intermediate crude declined $4.63, or 5.5%, to $80 a barre...