Brent slides over 3%, hits lowest level since 2021
Oil prices were heading towards their lowest close since the midst of the coronavirus pandemic in 2021 on Friday, hit by U.S. President Donald Trump's barrage of new tariffs and…
Crude oil prices near 2-month lows. What’s next?
Oil prices dropped to a near two-month low on receding tensions in the Middle East, a complex interplay of escalating supply levels, demand worries, and challenging economic indicators. The global…
FII action, OPEC+ meet among top 10 factors to trigger D-Street movement this week
Indian frontline indices S&P BSE Sensex and Nifty50 on Friday ended with modest weekly gains of nearly 0.10% amid mixed global cues. Amid a host of important domestic and global…
Asia stocks rise ahead of US inflation data; yen stumbles
Asian shares inched up on Tuesday in cautious trading ahead of a crucial U.S. inflation report that could heavily influence the Federal Reserve's policy outlook, while the fragile yen flirted…
Crude oil prices: Demand-supply dynamics not favourable for immediate recovery
Crude oil shed to a near four-month low last week due to easing supply tensions in the Middle East, rising OPEC exports, mixed economic data release from China, and a…
Saudi Arabia to continue voluntary oil output cut of one million bpd
DUBAI: Saudi Arabia on Wednesday said it would continue with its voluntary oil output cut of one million barrels per day (bpd) for the month of November and until the…
Aramco CEO Amin Nasser says notion of peak oil demand driven by policies, not markets
The CEO of Saudi Arabian oil giant Aramco on Monday pushed back against forecasts of peak oil demand, and said the narrative of the current energy transition was based on…
Crude oil prices rise to 3-month high. What’s next?
Demand optimism amid production cuts by Opec-plus countries lifted global oil prices to three-month highs. The most active US NYMEX futures gained almost 17% in July, sending prices well above…
Saudi Arabia cuts oil output by 1 million barrels per day to boost sagging prices
The announcement of the Saudi cuts of 1 million barrels per day, which will start in July, followed a meeting of the alliance at OPEC headquarters in Vienna. | Photo…
If oil stays below $100, then India will remain in good shape: Jinesh Gopani
"I think if you are looking at comparison to emerging markets, Indian market valuation is still a bit higher as compared to the other emerging markets. And hence, if you…