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Tag: crude oil prices

Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears

Posted on May 8, 2026 By admin
Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears

Stocks sank and oil prices jumped on Friday (May 8, 2026) as U.S.-Iran clashes in the Strait of Hormuz jolted hopes for a deal to end the war and reopen the crucial waterway. Markets across the world have enjoyed a strong run this week on growing optimism that the 10-week conflict — which has sent…

Read More “Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears” »

Business

Crude oil futures slump over 11% to ₹8,588/barrel; Brent slips below $100

Posted on May 6, 2026 By admin
Crude oil futures slump over 11% to ₹8,588/barrel; Brent slips below 0

In the international market, crude prices fell sharply, with Brent oil for the July contract plummeting $11.57, or 10.53%, to $98.30 per barrel. | Photo Credit: Reuters Crude oil price slumped over 11% to ₹8,588 per barrel in futures trade on Wednesday (May 6, 2026), tracking sharp losses in global benchmarks amid signs of a…

Read More “Crude oil futures slump over 11% to ₹8,588/barrel; Brent slips below $100” »

Business

Israel-Iran war LIVE: Trump says King Charles does not want Iran to have nuclear weapon

Posted on April 29, 2026 By admin
Israel-Iran war LIVE: Trump says King Charles does not want Iran to have nuclear weapon

King Charles III stresses NATO’s vital role in defending global freedom during White House toast Stressing the historical foundations of the transatlantic alliance, Britain’s King Charles III underscored the enduring importance of the U.S.-U.K. relationship, tracing its shared heritage back to the battlefields of World War II.Speaking at a White House state dinner, the King…

Read More “Israel-Iran war LIVE: Trump says King Charles does not want Iran to have nuclear weapon” »

World

Sri Lanka hikes fuel prices amid panic buying

Posted on March 10, 2026 By admin
Sri Lanka hikes fuel prices amid panic buying

Vehicles queue at a fuel station as concerns grow over fuel supply following U.S.-Israel conflict with Iran, in Ratnapura, Sri Lanka. File | Photo Credit: Reuters Sri Lanka has increased retail fuel prices by over 8% with effect from Monday midnight (March 10, 2026) in a bid to curb hoarding and panic buying amid rising…

Read More “Sri Lanka hikes fuel prices amid panic buying” »

World

Markets rebound in early trade after five days of slump

Posted on July 26, 2024 By admin
Markets rebound in early trade after five days of slump

People walk past the Bombay Stock Exchange (BSE) building in Mumbai. File | Photo Credit: Reuters Equity market benchmark indices Sensex and Nifty rebounded in early trade on July 26 after staying on the back foot for the past five straight sessions, helped by value buying at lower levels and rally in blue-chips Infosys, Tata…

Read More “Markets rebound in early trade after five days of slump” »

Business

Rupee trades in narrow range against U.S. dollar in early trade

Posted on May 10, 2024 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Image for representational purposes only. | Photo Credit: REUTERS The rupee was trading in a narrow range against the U.S. dollar in early trade on May 10, as the support from positive domestic equities was negated by elevated crude oil prices. Forex traders said the strength of the American currency in the overseas market and…

Read More “Rupee trades in narrow range against U.S. dollar in early trade” »

Business

Rupee rises two paise to 82.89 against U.S. dollar in early trade

Posted on February 26, 2024 By admin
Rupee rises two paise to 82.89 against U.S. dollar in early trade

Forex traders said subdued equity market sentiment and strengthening American currency weighed on the domestic unit. Image for representation purposes only. File | Photo Credit: Reuters The rupee appreciated 2 paise to 82.89 against the U.S. dollar in early trade on February 26 on the back of foreign funds inflow and retreating crude oil prices…

Read More “Rupee rises two paise to 82.89 against U.S. dollar in early trade” »

Business

Sensex, Nifty decline for third day on weak global trends, soaring crude oil prices

Posted on October 20, 2023 By admin
Sensex, Nifty decline for third day on weak global trends, soaring crude oil prices

BSE Sensex fell 231.62 points or 0.35% to settle at 65,397.62. During the day, it plunged 320.63 points or 0.48% to 65,308.61. File Benchmark stock indices Sensex and Nifty fell for the third day running on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on…

Read More “Sensex, Nifty decline for third day on weak global trends, soaring crude oil prices” »

Business

Markets continue to fall on weak global trends, soaring crude oil prices

Posted on October 20, 2023 By admin
Markets continue to fall on weak global trends, soaring crude oil prices

A general view of the Bombay Stock Exchange. | Photo Credit: Reuters Equity benchmark indices fell in early trade on Friday due to weak trends in global markets and soaring crude oil prices. Foreign fund outflows also weighed on investor sentiments. Falling for the third day running, the 30-share BSE Sensex fell 320.63 points to…

Read More “Markets continue to fall on weak global trends, soaring crude oil prices” »

Business

Rupee declines by 8 paise on rebound in crude oil, greenback

Posted on August 29, 2023 By admin
Rupee declines by 8 paise on rebound in crude oil, greenback

The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29 due to a rebound in crude oil prices and greenback in the global markets. | Photo Credit: Getty Images The rupee declined by 8 paise to settle at 82.71 (provisional) against the U.S. currency on August 29…

Read More “Rupee declines by 8 paise on rebound in crude oil, greenback” »

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