Oil sizzles to 3-month high after US imposes tougher sanctions on Russian crude; Brent rallies 4% to touch  | Stock Market News

Oil sizzles to 3-month high after US imposes tougher sanctions on Russian crude; Brent rallies 4% to touch $80 | Stock Market News

Source: Live Mint Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply disruptions from the broadest U.S. sanctions package targeting Russian oil and gas revenue. President Joe Biden’s administration imposed fresh sanctions targeting Russian oil producers, tankers, intermediaries, traders and ports, aiming to hit every stage…

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Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits  in rangebound trade | Stock Market News

Oil spikes 1% in holiday-thinned session over China stimulus outlook; Brent hits $74 in rangebound trade | Stock Market News

Source: Live Mint International crude oil prices rose almost one per cent on Thursday, December 26, in a holiday-thinned trading session driven by hopes for additional fiscal policy stimulus in China, the world’s biggest oil importer, and supported by an industry report showing a decline in US crude inventories. Brent crude futures last rose 48…

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Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days | Stock Market News

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days | Stock Market News

Source: Live Mint International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies (OPEC+)’s recent decision to delay the oil output hikes till April…

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Week Ahead: Assembly elections, FII outflows, US bond yields, global cues among key market triggers for Sensex, Nifty | Stock Market News

Week Ahead: Assembly elections, FII outflows, US bond yields, global cues among key market triggers for Sensex, Nifty | Stock Market News

Source: Live Mint The Indian stock market, after smashing many record peaks this year, is facing consistent selling pressure and has now slipped into a correction phase after being in consolidation. Due to several domestic and global triggers, bears are dominating bulls on D-Street and the overall sentiment will likely stay muted in the next…

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