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OIL STOCKPILING
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...- Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
- US stocks: S&P 500, Nasdaq reach record closing highs as focus pivots to earningsThe US stock market finished on a high note, buoyed by stabilizing crude prices and easing Treasury yields, offering much-needed relief to ...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities extended their rebound for a second session, with Sensex rising 685 points and Nifty gaining over 220 points. Falling crude...
- Why US stocks are rising today: S&P 500, Nasdaq hit records as easing yields and oil fuel AI rallyOn Tuesday, the S&P 500 and Nasdaq hit all-time highs, buoyed by falling Treasury yields and easing oil prices. Investors are optimistic as...
- Oil Price Today (October 6): Crude oil below $101 as supply concerns ease but Houthi attack keeps traders on edgeBrent crude futures gained 20 cents to $100.54 a barrel, while US West Texas Intermediate crude futures rose 12 cents, or 0.13%, to $89.50 ...
- Oil prices slip as traders weigh strong Mideast exports against Gulf tensionsOil prices slipped as a result of heightened crude exports from the Middle East, alongside a stockpile release by the G7. Brent crude futur...
- D-Street poised for positive start as GIFT Nifty signals gainsThe stock market's positive open saw the Nifty rise by 0.6%, breaking an eight-week streak of losses. Experts note a potential rebound in I...
- Trump plans to ease access to tax-free dieselThe oil stockpiles that cushion the world from supply shocks have become "scarily thin," putting markets at risk of worsening unless Hormuz...
- Despite G7, fuel inflation will remainG7's recent decision to release 100 million barrels of oil from reserves is unlikely to significantly alleviate fuel inflation as it overla...
- India, China better positioned for Hormuz disruptions; Russian oil purchases likely to continue: Former Singapore Foreign MinisterIndia and China are better equipped to manage energy disruptions due to diverse sourcing and stockpiling. George Yeo emphasised India's ong...
- Ukraine will hit Russian refineries in response to Moscow's 'new doctrine' of airstrikesUkraine is set to enhance its attacks on Russian oil refineries in response to recent changes in military tactics. President Volodymyr Zele...
- China fuel export suspension to choke supplies in AsiaChina's recent export restrictions on oil products have affected several major importers in Southeast Asia and Australia. Singapore has see...
- Iran readies harder retaliation if attacked as diplomacy faces long oddsIran is intensifying its military response planning amid fears of US military escalation in the region. Senior commanders are considering b...
- Why is oil at $100 if Trump is winning the battle in Hormuz?The US appears to have gained the upper hand in the battle over the Strait of Hormuz, with allied crude exports recovering to about 80% of ...
- US strategic petroleum reserve falls to 44-year low: Why the oil stockpile is down to 283.8 million barrelsThe U.S. Strategic Petroleum Reserve has reached its lowest level since 1982 after sustained withdrawals. Crude oil stocks dropped to 283.8...
- Trump plans grand spectacle for potentially tense Xi talksUS President Donald Trump is preparing to welcome Chinese President Xi Jinping for a significant three-day visit. The leaders are expected ...
- ‘I would never want to lose him’: Jamie Dimon backs Chandra, flags India tax hurdles and sees AI paying offJamie Dimon sees India as a fast-growing economy with bright future prospects. He believes consistent regulations and taxing policies will ...
- Oil prices are high but could be much worse. Trump has China's Xi to thank for thatChina's vast oil reserves and reduced imports helped stabilize global prices. This strategy mitigated the impact of the ongoing conflict in...
- Rupee ends flat at 95.95 as RBI dollar sales offset pressureOn Wednesday, the Indian rupee maintained its position at 95.95 against the US dollar, thanks to the central bank's dollar sales which help...
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