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OIL PRICE SURGE NEWS
US stocks today: S&P 500 and Nasdaq end higher on cool inflation data, solid bank earningsU.S. stocks ended higher as softer June inflation data and strong bank earnings lifted sentiment despite escalating Middle East tensions. N...- Retailwinds delayed, so, nothing to fretRetail inflation has risen above the RBI's target, driven by fuel and food prices. Core inflation remains subdued, offering a better measur...
- US consumer inflation cools in June on lower energy costsUS consumer inflation cooled more than anticipated in June, government data showed. Energy prices fell momentarily last month, aiding the i...
- Oil spike jolts Indian bonds, 10-year yield hits three-week highOn Tuesday, Indian government bonds faced a notable downturn, with the benchmark 10-year yield climbing to a three-week peak as global mark...
- Why stock market fell today? Rising oil prices among key factors behind Rs 3 lakh crore wealth erosionBenchmark indices Sensex and Nifty fell sharply on Tuesday as soaring crude oil prices, renewed rate hike fears, weak Q1 earnings from HCL ...
- German yields hit 2-year high as Middle East conflict stokes inflation fearsGerman two-year bond yields reached their highest point since July 2024. This rise occurred as Middle East conflict fears boosted inflation...
- Global Market: European shares fall as US-Iran tensions rattle markets; BP gains, Ericsson slumpsEuropean shares fell at the open as escalating US-Iran tensions dented risk appetite, while investors assessed earnings from BP, Ericsson a...
- Global Market: UK bond yields hit one-month high as Middle East tensions boost rate-hike expectationsMiddle East tensions are driving oil prices higher and impacting global energy supplies. This surge in oil prices is fueling inflation conc...
- Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...
- Oil climbs to one-month high as US, Iran step up attacks in Strait of HormuzOil prices climbed to a four-week high on Tuesday. The United States reinstated its naval blockade of Iran. Two United Arab Emirates tanker...
- Oil Price Today (July 13): Crude oil up almost 5%, nears $80 as US, Iran unleash more strikes. $100 in sight?Brent crude futures advanced $3.34, or 4.38%, to $79.5 a barrel, while U.S. West Texas Intermediate (WTI) crude gained $3.07, or 4.30%, to ...
- Fuel price hike triggers surge in public transport fares across PakistanPublic transport fares have risen across Pakistan following a significant petroleum price increase. Transport operators cited higher fuel c...
- Gold slides over 1% as oil surges on Strait of Hormuz closure fearsGold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest ra...
- Global Market Today: Asian shares slip as oil jumps on Gulf attacksAsian markets declined as intensified Gulf fighting and oil price surges rekindled inflation risks. Oil prices climbed significantly, impac...
- Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
- Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
- Iran rushes out oil exports as tensions with US flare againIran has dispatched eleven million barrels of crude oil via tankers. This action occurs as tensions with the United States escalate signifi...
- Global Markets: Japan's Nikkei rebounds as AI shares gain, oil tempers broader moodJapan's Nikkei share average rebounded on Thursday after a three-day losing streak. AI-related shares tracked gains in the U.S. technology ...
- Global markets on edge as oil rally revives inflation and rate concerns.Oil prices surged, reigniting concerns about inflation and market volatility. Investors reassessed interest rate expectations after US Pres...
- US stocks today: Dow Jones crashes 500 points at open as Trump stops Iran peace dealWall Street opened lower after Trump said the Iran deal was over, triggering a risk-off sentiment globally. Rising oil prices added pressur...
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