Tag: oil price hike

Brent oil’s price briefly tops USD 100 per barrel, as stocks are set to drop on Wall Street

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Brent oil’s price briefly tops USD 100 per barrel, as stocks are set to drop on Wall Street

Image used for representational purposes. | Photo Credit: Reuters Brent crude oil briefly topped $100 per barrel for the first time since May as increased fighting in West Asia threatens to slow the global flow of crude. The price for a barrel climbed 6.2% to $99.94 and briefly topped the century mark, the first time…

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World

Stock markets fall in early trade amid weak global peers, elevated oil prices

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Stock markets fall in early trade amid weak global peers, elevated oil prices

Infosys, Tata Consultancy Services, Reliance Industries and Tech Mahindra were the winners.. File | Photo Credit: Reuters Benchmark equity indices tumbled in early trade on Wednesday (May 20, 2026) due to elevated oil prices, weak global market trends and renewed fears of restart of military operations if Iran failed to reach a peace deal. The…

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Business