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OIL PRICE RISE IMPACT
Sri Lanka seeks faster green energy shift after oil shocksSri Lanka is facing significant challenges in its transition to renewable energy due to rising oil prices. The government plans to increase...- Trump's diesel price relief efforts grow costlier as election nearsWith the midterm elections approaching, President Trump is implementing various strategies to combat high diesel prices. These measures inc...
- Gas prices in US hit $4.29 nationwide as California, Hawaii pay over $5; October on track for recordGas prices have climbed above $4 per gallon nationwide as the Iran war disrupts global oil supplies, putting October on track to become the...
- India's 10-year bond falls for 10th week in record slumpIndian government bonds have experienced their worst decline in thirty years, falling consecutively for ten weeks. Rising crude oil prices ...
- Global Market: European stocks edge lower as Kering slumps, oil prices riseEuropean shares slipped as Kering plunged 10.4% following weak Gucci sales, while rising oil prices and French political uncertainty dampen...
- Indian bonds flattish as oil spike offset by falling Treasury yieldsIndian government bonds saw little movement as investors monitored volatile oil prices and US Treasury yields. A spike in oil prices, spurr...
- Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
- Indian bonds tumble on oil surge, RBI rate hike fearsIndian government bonds experienced a decline as the benchmark yield exceeded 7.45% on Thursday. Oil prices rose significantly, reaching $1...
- Hormuz war risk pushes crude shipping costs sevenfold, squeezes refiners' margins: Goldman SachsGlobal crude oil freight rates are rising due to war-related risks in the Strait of Hormuz and increased ship-to-ship transfers. Goldman Sa...
- Oil Price Today (October 22): Crude oil above $112 as energy infra attacks heighten supply fears. More tension ahead?Brent crude traded 3% higher at $112.38 a barrel, while US West Texas Intermediate (WTI) crude was trading more than $100 a barrel. Brent h...
- Indian bonds steady after RBI minutes signal more rate hikesIndian bond yields remain steady at approximately 7.45%, influenced by growing inflation anxieties. The Reserve Bank of India recently incr...
- Why is the RBI pulling liquidity out of banks and injecting it back again?Reserve Bank of India has significantly reduced banking system liquidity from a peak surplus in a short time. Liquidity surged after banks ...
- Bond yield rises to 7.44% on higher oil prices, global cuesYields on the 10-year benchmark bond have increased due to high oil prices. The Reserve Bank of India rejected all bids at the treasury bil...
- Oil Price Today (October 20): Crude oil nears $110 again as fresh attacks outweigh easing Russian sanctions. What are experts saying?Brent crude futures gained 21 cents, or 0.20, to $109.76 a barrel, while US West Texas Intermediate (WTI) crude futures for November delive...
- Eateries cut corners as high costs and hygiene crackdowns take a tollNew strategies include pausing high-cost menu items and introducing smaller portions for diners. Increased operational expenses due to regu...
- Global Market: Euro falls as French political unrest, high energy prices weigh on sentimentThe euro weakened amid elevated energy prices and renewed French political uncertainty, while investors reassessed the outlook for US growt...
- Oil, foreign flows in focus for rupee; bond traders eye rate-hike betsDuring the upcoming holiday week, analysts predict the Indian rupee will remain steady, with oil price trends and foreign capital flows pla...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s whyBrent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
- FMCG firms grapple with input cost inflation in Q2, brace for margin pressure in H2FMCG companies are experiencing increased margin pressure as input costs continue to rise. Rising inflation is affecting profitability, for...
- Edible oil refiners set to clock 10-12% revenue growth in FY27 despite duty cut: ReportEdible oil refiners are projected to achieve a revenue growth of 10-12% this financial year. The recent cut in import duties on crude edibl...
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