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OVERSUPPLY FEARS
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...- How war, weather & soaring costs are turning onion harvest into a loss-making nightmareMaharashtra's onion farmers are facing severe financial distress as prices plummet below production costs due to bumper arrivals, unseasona...
- Micron stock price surges toward $800 and Deutsche Bank says $1,000 is next — Is MU stock rally about to crack or keep climbing?Micron stock surged 6% to $790 on May 11, hitting a 52-week high of $818. Deutsche Bank raised its price target to $1,000. DRAM revenue exp...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Sweet trouble: World’s top chocolate maker issues warning as shares sink 17%Barry Callebaut profit warning shocks markets. Shares crash 17% in hours. Cocoa prices collapse over 40% this year. The world’s largest cho...
- Oil shock: How skyrocketing prices are reshaping the global economy?Global crude oil markets are once again in turmoil, with surging prices casting a dampening shadow over economies worldwide.
- Brent hits 6-month high; will $5–$10 war premium push prices higher? Peter McGuire answersBrent crude has unexpectedly surged to $70 a barrel, driven by escalating geopolitical tensions, particularly concerning Iran and the Strai...
- Crude oil prices decline on oversupply fearsOil prices fell on Tuesday on concerns about excess supply and risks to demand stemming from tensions between the U.S. and China, the world...
- Oil rises on fading oversupply fear after OPEC+ restrains output increaseOil prices saw a slight uptick as markets momentarily overlooked oversupply concerns following OPEC+'s decision to limit November productio...
- Citi lowers Brent price outlook for 2024 and 2025 on oversupply fearsCiti cut its 2024 Brent price forecast by $1 to $74 per barrel and slashed 2025 forecast by $10 to $60 per barrel, but said in a note that ...
- Crude oil gains on bargain-hunting but oversupply fears cap gainsBoth benchmarks touched their lowest levels since early February on Tuesday and have now fallen more than 14% from their recent highs earli...
- Oil falls 2% as rise in US crude stocks fans oversupply fears"The higher-than-expected build in U.S. crude stocks prompted fresh selling, while concerns over supply disruption from Hurricane Zeta have...
- Oil falls on oversupply fears after build in U.S. crude stocksU.S. crude oil and gasoline stocks rose last week, data from industry group the American Petroleum Institute showed, with crude inventories...
- Oil falls after US inventory build feeds oversupply fearsBrent crude futures for December delivery were at $42.94 a barrel, down 22 cents, or 0.5per cent, as of 0035 GMT, while December U.S. West ...
- Oil skids on oversupply fears, stocks jump on virus slowdownAnalysts said the news could lead to some sell-off in currency markets too.
- Oil plunges 4% as oversupply fears pile up with US inventories growthOil prices are near their lowest since 2002 amid the global coronavirus crisis.
- Indian metal stocks slip over plunging China markets, oversupply fearsThe equities slump in China dragged Indian metal and mining stocks down Wednesday amid oversupply fears.
- Re flat; bonds down on oversupply fearsBonds tumbled on Thursday, with both new and old 10-year benchmarks crossing the 7%-mark on concerns that the market may not be able to abs...
- Oversupply fears hit bonds, Re weakBond prices fell on Monday on concerns that fresh bonds issued by the government would create an oversupply. Dealers expect prices to remai...
- Bonds crash on oversupply fearsBond prices dipped by 20 paise on Wednesday, following fears that the fuel price hike would stoke inflation further.
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