The FinTech Hub
Source: Live Mint Goldman Sachs Group Inc. — fresh from cutting oil forecasts twice in a week — said Brent has the outside potential to fall below $40 a barrel under “extreme” outcomes as the trade war flares and supplies rise. “In a more extreme and less likely scenario with both a global GDP slowdown…
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…
Source: Live Mint Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on Iran over the weekend bypassed Tehran’s oil and nuclear infrastructure and did not disrupt energy supplies, analysts said. Brent and U.S. West Texas Intermediate crude futures gained 4% last week in volatile trade as markets priced…
Source: Business Standard 3 min read Last Updated : Oct 03 2024 | 10:33 AM IST Oil prices today: Shares of Oil companies rallied over 3 per cent on Thursday as crude oil prices soared due to escalation of ongoing tensions in the Middle East region. Shares of ONGC rose 1.9 per cent, GAIL…
Source: Business Standard 4 min read Last Updated : Sep 11 2024 | 11:01 PM IST Oil price below $70/barrel: As Brent crude oil price trades below the psychological level of $70 per barrel, analysts are backing certain oil-linked stocks to play the momentum. They prefer aviation and tyre stocks among the lot,…
