global crude oil prices

Week Ahead: RBI Policy, Q2 Results, Israel-Iran war, FII flow, global cues among key market triggers for Nifty, Sensex

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Week Ahead: RBI Policy, Q2 Results, Israel-Iran war, FII flow, global cues among key market triggers for Nifty, Sensex

The Indian stock market began October on a disastrous note, with Dalal Street witnessing carnage due to across-the-board selling pressure on weak global cues. The domestic indices experienced a sharp downturn, breaking its three-week winning streak. The significant decline has been attributed to a combination of fundamental challenges, which prompted short-term profit-taking. In the second … Read more

Week Ahead: RBI Policy, Q1 Results, Israel-Iran conflict, global cues among key market triggers this week

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Week Ahead: RBI Policy, Q1 Results, Israel-Iran conflict, global cues among key market triggers this week

The Indian equity market exhibited volatility over the past week, ultimately closing marginally lower amid mixed signals. After a subdued start, the Nifty 50 index remained range-bound for most of the week, showing signs of fatigue. Selective buying in key heavyweights across sectors kept the sentiment positive. In the first week of August, investors will … Read more

Oil prices drop as investors react to Biden’s exit, focus on Fed rate cuts; brent crude at $81.95/bbl

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Oil prices drop as investors react to Biden’s exit, focus on Fed rate cuts; brent crude at $81.95/bbl

Oil prices declined on Monday following President Joe Biden’s announcement that he would not pursue a second term, while investors speculated about potential U.S. interest rate cuts as early as September. By 1327 GMT, Brent crude futures had decreased by 68 cents, or 0.82%, to $81.95 per barrel. U.S. West Texas Intermediate crude futures dropped … Read more

Oil extends gains after US inflation data pushes Wall Street to lift Fed rate cut bets; Brent stays above $85/bbl

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Oil extends gains after US inflation data pushes Wall Street to lift Fed rate cut bets; Brent stays above $85/bbl

Crude oil prices extended gains on Thursday, July 11, keeping the Brent crude benchmark above the $85 per barrel-mark, after Wall Street experts lifted bets on interest rate cuts by the US Federal Reserve. This came after US government data showed an unexpected slowdown in consumer price-based (CPI) inflation. Brent crude futures were up 23 … Read more