October 12, 2026

Crude oil prices hit near two-week high as Saudi attacks threaten supply recovery

Crude oil prices hit near two-week high as Saudi attacks threaten supply recovery

Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 20, 2026. — Reuters Volatile oil turns higher amid Gulf attacks. US banks to kick off earnings season on Tuesday. Dollar holds recent broad gains, euro on defensive. Oil prices rose about 2% on

Crude oil prices hit near two-week high as Saudi attacks threaten supply recovery Read More »

Indian Stocks Face Fresh Pressure as Foreign Investors Pull Capital and Oil Costs Stay Elevated

Indian Stocks Face Fresh Pressure as Foreign Investors Pull Capital and Oil Costs Stay Elevated

MUMBAI, Maharashtra, 12 October 2026, ZEX PR WIRE — Indian equities are facing renewed pressure as overseas investors reduce their exposure to domestic shares, while elevated crude oil prices and global borrowing costs weigh on market sentiment. The latest sell-off highlights the challenges facing Indian stocks as investors compare the country’s growth prospects with opportunities in

Indian Stocks Face Fresh Pressure as Foreign Investors Pull Capital and Oil Costs Stay Elevated Read More »

Kenya’s dollar cover drops to 5.9 months after KSh 25 billion in CBK Foreign Exchange Reserves

Kenya’s dollar cover drops to 5.9 months after KSh 25 billion in CBK Foreign Exchange Reserves

Kenya’s foreign exchange reserves declined sharply in the week ending October 8, 2026, according to Central Bank of Kenya data The country’s import cover slipped to 5.9 months from 6.1 months, continuing a four-week downward trend Rising global oil prices and external debt servicing obligations are among the key factors putting pressure on the reserves

Kenya’s dollar cover drops to 5.9 months after KSh 25 billion in CBK Foreign Exchange Reserves Read More »