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OIL PRICES INCREASE
US strikes Iran from south to north after Trump threats over Red Sea shippingUS missiles struck targets across Iran after Houthi attacks on Saudi tankers escalated regional conflict. Iranian forces retaliated by firi...- Global market: Euro zone bond yields ease after multi-year highs as oil retreats below $100Euro zone government bond yields decreased slightly on Friday. This followed a pullback in oil prices and ongoing inflation concerns. Inves...
- Global Market: Stagflation fears return as Gulf conflict, higher energy prices cloud global outlookRenewed conflict in the Gulf has revived stagflation fears as oil prices near $100 a barrel, inflation risks resurface and markets price in...
- Hormuz, Red Sea spark a 1,000% war-risk premium shockWar-risk insurance premiums have surged by as much as 1,000% as tensions across the Strait of Hormuz and the Red Sea disrupt shipping. Fres...
- Global Market Today: Asian stocks fall on tech selloff, oil trades above $100Asian stocks declined following a Wall Street tech selloff and investor doubts about artificial intelligence returns. Oil prices held their...
- Oil crosses $100: A 'perfect hurricane' can trigger bigger shock soonBrent crude has surged past $100 as escalating Middle East tensions threaten two critical oil chokepoints — the Strait of Hormuz and Bab el...
- Top OMCs post losses with government weighing relief measuresState-run oil companies HPCL and BPCL reported significant losses for the April-June quarter. This occurred as they sold petrol, diesel, an...
- Brent crude surges 4% to over $95 a barrel, nears 6-week high as conflict threatens key oil transit routesOil prices hit a six-week high on Wednesday, with Brent crude racing past ninety-five dollars a barrel. The growing tensions between the U....
- Rupee falls 11 paise to 96.36 against US dollar in early tradeThe rupee fell eleven paise to 96.36 against the US dollar on Wednesday. Crude oil prices climbed due to geopolitical tensions and shipping...
- Oil Price Today (July 22): Crude oil crosses $90, hits 2-month high as US strikes enter 11th day. $120 possible, say expertsBrent crude prices crossed the mark of $92 a barrel, rising to the levels last seen in early-June. West Texas Intermediate (WTI), the US cr...
- $120 crude oil scare is back & India has plenty at stakeGoldman Sachs has warned Brent crude could rise above $120 a barrel if disruptions in the Strait of Hormuz persist. For India, which import...
- Gold rises 1% as hopes for US-Iran diplomacy pause oil rallyGold prices gained over 1% as investors tracked diplomatic efforts to ease the US-Iran conflict and assessed the impact on inflation and th...
- Iran-US war impact: Gas, oil prices jump big again, check how latest escalation is burning a hole in common Americans' pockets. What to expect in coming daysUS Gas Price: Drivers in some states across the U.S have been paying well over USD 4 a gallon for a while now, while others pay less. Affor...
- Rupee hits two-month low, oil prices remain focal pointThe Indian rupee hit a two-month low on Monday as oil prices hovered around ninety dollars per barrel. In an effort to stabilize the curren...
- Bonds unsettled as oil and gas climb, earnings loom for AIThat sent U.S. yields higher, with the benchmark 10-year Treasury yield at 4.55%, while yields on 30-year Treasuries are back above the ps...
- Global Market: German bond yields hit two-year high as oil surge fuels ECB rate hike betsGerman bond yields rose as oil prices increased amid U.S.-Iran tensions. This surge strengthened expectations for the European Central Bank...
- Pakistan raises jet fuel price by PKR 40.35 per litre amid global oil market volatilityPakistan has increased jet fuel prices by PKR 40.35 per litre, reaching PKR 291.55. This follows a previous hike, bringing the total increa...
- Oil settles up on renewed US-Iran hostilities and threat of Red Sea closureOil prices climbed significantly on Friday, reaching their highest point in over a month. Escalating hostilities between the United States ...
- Pakistan to revise oil prices daily amid renewed West Asia tensionsPakistan fuel price: Pakistan will now adjust petroleum prices daily to manage oil price fluctuations. The government aims for greater tran...
- Gold edges higher on soft US inflation, Gulf conflict clouds rate outlookGold prices saw a slight increase on Wednesday as inflation data eased rate hike worries. Renewed Middle East conflict and rising oil price...
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