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Source: Live Mint LONDON – Oil prices rose on Friday and were poised to end three weeks of decline, buoyed by rising fuel demand and expectations that U.S. plans for global reciprocal tariffs would not come into effect before April, providing more time to avoid a trade war. Brent futures were up 37 cents, or…
Source: Live Mint By Bharath Rajeswaran and Indranil Sarkar (Reuters) -Indian shares gave up opening gains to inch lower on Friday, as worries over moderation in corporate earnings overpowered optimism about lower U.S. interest rates and oil prices. The Nifty 50 fell 0.3% to 23,137.25 points as of 10:19 a.m. IST, while the BSE Sensex…
Source: Live Mint NEW YORK -Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in U.S. fuel inventories last week pressured prices, reversing earlier gains driven by tightening supplies from Russia and other OPEC members. Brent crude settled down 89 cents, or 1.16%, to $76.23 a barrel. U.S. West…
Source: Live Mint SINGAPORE (Reuters) – Oil prices extended their gains on Friday after closing at their highest in more than two months in the previous session on hopes governments across the world may increase policy support to revive economic growth that would lift fuel demand. Brent crude futures rose 16 cents, or 0.2%, to…
Source: Live Mint HOUSTON (Reuters) -Oil prices rose slightly on Tuesday but were headed for their second straight annual loss as the post-pandemic demand recovery stalled and China’s economy struggled while the U.S. and other non-OPEC producers pumped more crude into a well-supplied global market. Brent crude futures rose 70 cents, or 0.95%, to $74.69…
Source: Live Mint By Florence Tan and Emily Chow SINGORE -Oil prices edged up on Monday in thin holiday trade ahead of the year-end as traders awaited more Chinese and U.S. economic data later this week to assess growth in the world’s two largest oil consumers. Brent crude futures rose 5 cents to $74.22 a…
Source: Live Mint By Laila Kearney and Paul Carsten NEW YORK/LONDON (Reuters) -Oil prices rose by more than 1% on Tuesday, reversing the prior session’s losses on a brightening short-term outlook tied to the prospect of slightly tightening supplies as trade thinned ahead of the Christmas and Hanukkah holidays. Brent crude futures settled at $73.58,…
Source: Live Mint Wall Street stocks end close to flat, Europe ends down Oil prices settle higher, Dollar rises against yen, falls against the Euro By Sinéad Carew and Harry Robertson NEW YORK/LONDON Dec 13 – MSCI’s global equity gauge fell on Friday while bond yields climbed as investors waited for clues about the future…
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…
Source: Live Mint Oil swung between gains and losses as Russia’s war against Ukraine escalated while Iran agreed to stop producing uranium enriched close to the level at which it can be used in nuclear weapons. West Texas Intermediate fluctuated around $69 a barrel after Ukrainian forces carried out their first strike on a border…
