crude prices

Wall Street was mixed and the dollar rebounded on Wednesday as Federal Reserve Chair Jerome Powell suggested two more interest rate hikes are probably in the cards.The Nasdaq advanced, powered by megacap momentum stocks, while the S&P…

U.S. stocks advanced in a broad rally on Tuesday, and the dollar softened as robust economic data eased recession fears and stoked investors’ risk appetite.All three major U.S. stock indexes closed well into positive territory, with…

Wall Street was mixed on Monday and crude prices rose as investors digested the aborted Russian mutiny over the weekend and wrestled with lingering concerns over the path of Federal Reserve monetary policy.The S&P 500 was modestly…

Last Updated: June 05, 2023, 05:28 ISTNew York, United States of America (USA)Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. (Reuters/FILE PHOTO)Brent crude futures was at $78.42 a barrel, up $2.29, or…

Last Updated: May 16, 2023, 23:47 ISTBoth benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File)Brent crude futures were down 30 cents to $74.93 a barrel by 12:57 p.m. EDT (1657 GMT), while…

Last Updated: May 05, 2023, 06:12 ISTOil prices were also hurt by a strengthening dollar after the European Central Bank raised rates on Thursday. (Image: Reuters File)For the week, Brent was set to close down 8.7%, while WTI was set to…

Last Updated: May 02, 2023, 00:03 ISTChina’s manufacturing activity unexpectedly fell in April, official data showed on Sunday, the first contraction since December in the manufacturing purchasing managers’ index. (Image: Reuters File)Brent…

Last Updated: April 25, 2023, 01:14 ISTEuropean stocks closed essentially unchanged ahead of potentially market-moving earnings reports, which include a stream of European banks aside from U.S. megacaps.(Representative image) Earnings this…

A gauge of global stocks slipped on Wednesday after back-to-back gains as investors digested the latest earnings reports, while Treasury yields climbed as British inflation data hardened expectations of further interest rate rises by…

The government informed Parliament on Wednesday that as the geopolitical conflict persists keeping global commodity prices, including crude oil prices elevated, the Current Account Deficit (CAD) of net commodity importers including India,…