Forex traders said the rupee opened on a positive note with the rise in risk appetite in the global markets amid easing tensions over trade tariffs and hopes of a truce between Russia and Ukraine. Representational file image. | Photo Credit: AP The rupee pared initial gains and settled for the day lower by 18
Rupee falls 18 paise to close at 87.25 against U.S. dollar Read More »
Oil drilling rigs Oil prices settled lower on Friday, recording a weekly loss amid concerns over the performance of the US and China. Brent crude futures for September delivery fell by 1.1%, or 74 cents, to $68.44 a barrel, marking their lowest level since July 4, and ending the week down 1.2%. US WTI crude
Oil falls to 3-week low, posts weekly losses Read More »
Oil prices slipped 2% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but losses were curbed following a report that U.S. President Donald Trump may cut tariffs on Chinese imports. Brent crude futures settled down $1.32, or 1.96%, at $66.12 a barrel, while U.S. West Texas Intermediate crude
Oil falls 2% after sources say OPEC+ mulls accelerating output Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Jan 16, 2025, 1:40 PM CST Oil prices retreated in Thursday’s trading after Israel and Hamas reached a Gaza ceasefire and hostage release deal following 15 months of war. According rto Qatari Prime Minister
Oil Falls After Gaza Ceasefire Deal Read More »
On November 21, 2024, 4:39 AM Crude oil prices dipped today after the U.S. Energy Information Administration reported an inventory build of 500,000 barrels for the week to November 15. At the time of writing, Brent crude was trading at $73.26 per barrel, with WTI at $69.50 per barrel. The change compared with a build of 2.1 million barrels for the previous week,
Oil Falls After EIA Confirms Small Crude Inventory Build Read More »
By Staff reporter Updated October 16, 2024 — 11.30am The Australian sharemarket opened lower on Wednesday, tracking losses on Wall Street, which pulled back from its records after the price of crude oil tumbled and technology stocks faltered. The S&P/ASX 200 fell 25.30 points, or 0.3 per cent, to 8293.10 as of 11.11am AEDT, with
ASX falls, led lower by energy stocks as oil prices tumble Read More »
Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a barrel, as investors tempered expectations of demand growth from top oil importer China. Brent crude futures fell $1.36, or 1.7%, to settle at $79.68 per barrel. U.S. West Texas Intermediate crude futures declined by $1.51, or
Oil falls 2% to end volatile week, focus on China demand concerns Read More »
Oil falls by more than $1/bbl as Israel officials seek to avoid broader Middle East war 2:45 pm, Mon July 29, 2024 Oil prices fell more than one dollar a barrel today after Israeli officials said they wanted to avoid dragging the Middle East into an all-out war while responding to a deadly rocket strike
Oil falls by more than $1/bbl as Israel officials seek to avoid broader Middle East war Read More »
Oil gives up earlier attempts to avoid losses and falls to session’s low. OPEC+ will convene online to decide on production cuts, with most analysts expecting current cuts to extend into 2025. The US Dollar Index trades further below 105.00 to the mid 104.50-levels. Oil prices were trying to claw back though are back to
Oil enters wild ride and falls back in red after PCE numbers Read More »
WTI price extends its losing streak on demand concern following Chinese oil import data. China’s oil imports fell to 10.8 million bpd in the first two months of the year, compared to 11.44 million bpd in December. Crude oil prices could find support from a weakening US Dollar amid growing expectations of a Fed rate
WTI falls to $77.00 on falling Chinese oil imports-led demand concerns Read More »
