OPEC+ hikes oil production by more than expected following outbreak of Iran warOPEC+'s V8 group announced a 206,000 bpd production increase, citing market fundamentals despite Iran's regional attacks. Analysts warn thi...
01 Mar, 2026, 07.02 PM IST
Asia shares jump after US stocks soared to historic gains when Trump paused most of his tariffsAsian markets soared as President Trump paused most tariffs, following a record rally on Wall Street, easing fears of a global recession.
10 Apr, 2025, 07.14 AM IST
Tokyo shares close lower for fifth straight dayThe benchmark Nikkei 225 index lost 0.68 percent, or 180.31 points, to end at 26,387.72, while the broader Topix index fell 0.64 percent, o...
21 Dec, 2022, 12.45 PM IST
Europe markets open lower on Fed rate worriesMarkets are getting off to a shaky start this week, with solid US economic data releases delaying investors' hopes that the Fed might becom...
06 Dec, 2022, 01.57 PM IST
Oil climbs as dollar slips, but demand outlook clouds marketOil prices remain under pressure, with demand squeezed by mounting China COVID-19 cases and fears of more aggressive hikes in U.S. interest...
18 Nov, 2022, 08.01 AM IST
Oil crawls higher on U.S. hopes, but COVID rise in China caps gainsOil prices picked up on Friday as the U.S. dollar fell after data on Thursday showed inflation was weaker than expected, reining in expecta...
11 Nov, 2022, 07.44 AM IST
Oil falls for a fourth day as China COVID concerns growHe noted that distillate stockpiles, which include diesel, heating oil and jet fuel, fell to their lowest in a decade and the number of day...
10 Nov, 2022, 07.41 AM IST
Oil steadies after 3% drop on demand fearsAnalysts said market sentiment remains split between worries about a recession hitting demand while supply stays tight as a European ban on...
09 Nov, 2022, 07.24 AM IST
Oil slips as dollar firms, but supply worries check lossesThe benchmarks settled up more than $1 on Wednesday, aided by another drop in U.S. oil inventories, even as the Fed boosted interest rates ...
03 Nov, 2022, 08.37 AM IST
Tokyo shares close higher ahead of Fed decisionToyota tanked 1.94 percent to 2,019.5 yen after announcing that half-year net profit dropped 23 percent. However, the top-selling automaker...
01 Nov, 2022, 01.21 PM IST
Oil dips on U.S. crude stock build, supply worries limit lossesThe prospect of a global economic slowdown and tighter monetary policy has been outweighing the spectre of supply reductions in recent week...
26 Oct, 2022, 10.39 AM IST
Oil drops as China's rising COVID cases renew fuel demand concerns"Oil is opening the week softer as the market digests the demand impact of the rise in new COVID cases in China and as the market cautiousl...
18 Jul, 2022, 06.49 AM IST
Brent up as strike in Norway threatens to disrupt oil, gas outputOil output will be cut by 130,000 barrels per day from Wednesday, the lobby had said, corresponding to around 6.5% of Norway's production, ...
05 Jul, 2022, 08.08 AM IST
Oil bounces around as tight supply offsets China, recession fears"Discussion within the oil complex still revolves around Libya's decline in production, China continuing to impose measures to slow the spr...
14 Jun, 2022, 08.04 AM IST
Oil prices open higher on EU Russian oil ban, end of Shanghai lockdownHowever, with Germany and Poland already confirmed they won’t be buying Russian oil via pipeline or sea, the total effect would be to cut 9...
01 Jun, 2022, 07.44 AM IST
Asian shares fall, trading muted with Good Friday holidaysBenchmarks declined in Tokyo, Seoul and Shanghai. Sydney, Manila, Bangkok and Hong Kong were among markets observing holidays on Friday. U....
15 Apr, 2022, 03.39 PM IST
Oil slips ahead of US jobs reportUS West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to $69.75 a barrel at 0200 GMT, while Brent crude futures fell 13 ce...
03 Sep, 2021, 08.19 AM IST