Oil Retreats on Weak Outlook for Chinese Demand, Stronger Dollar
1 month, 1 week ago

Oil Retreats on Weak Outlook for Chinese Demand, Stronger Dollar

Live Mint  

-- Oil extended declines as a soft outlook for demand in China, the world’s largest crude importer, continued to plague the market. The nearest WTI futures contract is trading at its smallest premium to the following month since June, indicating that short-term tightness in the physical oil market is easing. OPEC’s decision to delay the production increase “provided only a temporary boost to the supply risk baked into crude oil prices, but our decomposition of energy market returns suggest that another delay just won’t cut it,” Daniel Ghali, a commodity strategist at TD Securities, said in a note to clients. “In this context, without a resurgence in geopolitical risk tied to oil supplies, the set-up would favor continued downside in prices,” Ghali added.

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History of this topic

Wall Street heads for upbeat open as investors cheer US inflation data
Trending News
1 day ago

Wall Street heads for upbeat open as investors cheer US inflation data

Live Mint  

* Dollar gains, S&P futures up 0.1% * Futures imply two Fed rate cuts in 2025 * Dollar remains strong on high bond yields By Amanda Cooper LONDON, Dec 23 - U.S. stock futures rose on Monday, pointing to an upbeat start on Wall Street following a U.S. inflation reading last week that offered some hope for further policy easing …

Oil prices ease on surplus concerns, dollar strength
1 day, 5 hours ago

Oil prices ease on surplus concerns, dollar strength

Live Mint  

By Nicole Jao NEW YORK -Oil prices edged lower on Monday in thin trade ahead of the Christmas holiday on concerns about a supply surplus next year and a strengthened dollar. Macquarie analysts projected a growing supply surplus for next year, which will hold Brent prices to an average of $70.50 a barrel, down from this year's average of $79.64, …

Stocks Retreat as China Bump Fades Ahead of US CPI: Markets Wrap
2 weeks ago

Stocks Retreat as China Bump Fades Ahead of US CPI: Markets Wrap

Live Mint  

European stocks followed Asian shares lower as enthusiasm about China’s latest stimulus pledge faded, while traders await key inflation data from the US as well as a European Central Bank policy decision later this week. The Stoxx Europe 600 index snapped an eight-day streak of gains, with basic resources and consumer products and services giving up some of Monday’s gains …

Oil climbs as Assad's fall brings more uncertainty to Middle East
2 weeks, 1 day ago

Oil climbs as Assad's fall brings more uncertainty to Middle East

The Hindu  

Oil prices climbed on Monday after the fall of Syrian President Bashar al-Assad's regime introduced greater uncertainty to the Middle East, although the gains were capped by a waning demand outlook for the coming year. "But Saudi Arabia's price reductions and OPEC+'s production cut extension last week underscored weak demand from China, indicating the market may soften toward year-end," he …

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days
2 weeks, 3 days ago

Oil reports weekly loss on oversupply fears despite OPEC+ output extension; Brent down over 2% in 5 days

Live Mint  

International crude oil prices fell by more than one per cent in the previous session to report a weekly loss after analysts projected a supply surplus next year on weak demand despite the Organisation of Petroleum Exporting Countries and its allies 's recent decision to delay the oil output hikes till April 2025 and extend the deep production cuts to …

Oil Stabilizes Ahead of OPEC Supply Meeting as Volatility Drops
Trending News
3 weeks ago

Oil Stabilizes Ahead of OPEC Supply Meeting as Volatility Drops

Live Mint  

-- Oil was little changed as traders watched for clues on OPEC ’s supply plans ahead of a key meeting this Thursday. “Despite the ongoing cross-currents we’ve hit a fair value that looks sticky for the short-term” with Brent at current levels, said Chris Weston, head of research for Pepperstone Group. “For now, the oil market is happy to massage …

Oil Little Changed in Thin Trading After OPEC Delays Meeting
Trending News
3 weeks, 4 days ago

Oil Little Changed in Thin Trading After OPEC Delays Meeting

Live Mint  

-- Oil was steady as traders watched for any further clues to OPEC ’s production plans after it delayed a key virtual meeting by four days. Prices have been buffeted by fluctuating geopolitical tensions in the Middle East, waning demand in top importer China and concerns whether President-elect Donald Trump’s upcoming policies could affect supply from Russia and Iran. “The …

China crude oil imports set for November rebound, but it’s price not demand: Russell
1 month ago

China crude oil imports set for November rebound, but it’s price not demand: Russell

Live Mint  

By Clyde Russell LAUNCESTON, Australia, Nov 21 - China's crude imports are on track to rebound in November to the highest in three months, but the increasing appetite of the world's largest oil importer is more about price than rising demand. Crude oil arrivals may reach around 11.4 million barrels per day this month, the most since August and the …

China’s surplus crude oil eased in October, but this is still bearish: Russell
1 month ago

China’s surplus crude oil eased in October, but this is still bearish: Russell

Live Mint  

By Clyde Russell SYDNEY, Nov 18 - China's crude oil surplus nearly halved in October, but this was a further sign of weakness as both imports and refinery runs dipped. But there is also a structural shift underway in China's crude oil demand, with the rapid uptake of what Beijing terms new energy vehicles, which include full electric vehicles and …

Oil sheds 5% in five days on subdued China demand, slow pace of US Fed rate cuts; Brent sits 2% lower to $71
1 month, 1 week ago

Oil sheds 5% in five days on subdued China demand, slow pace of US Fed rate cuts; Brent sits 2% lower to $71

Live Mint  

International crude oil prices settled down more than two per cent in the previous session as investors fretted about weaker Chinese oil demand and a potential slowing in the pace of US Federal Reserve interest rate cuts after the latest macroeconomic data. Back home, crude oil futures settled 1.86 per cent lower at ₹5,660 per barrel on the multi commodity …

Oil heads for weekly loss as Chinese demand continues to underperform
Trending News
1 month, 1 week ago

Oil heads for weekly loss as Chinese demand continues to underperform

Live Mint  

By Nicole Jao and Gabrielle Ng SINGAPORE -Oil prices fell on Friday on signs demand in China, the world's biggest crude importer, continues to underperform amid its uneven economic recovery. The decline in run rates occurred as China's factory output growth slowed last month and demand woes in its property sector showed few signs of abating even though consumer spending …

China's weak oil demand may lead to global surplus of 1 mn barrels: How would crude prices react?
1 month, 1 week ago

China's weak oil demand may lead to global surplus of 1 mn barrels: How would crude prices react?

Firstpost  

The surplus could provide a buffer for prices against potential supply-side price shocks from conflicts in West Asia and other regions Low oil demand from China, supply-side shocks due to the conflict in West Asia, and increase in oil production by countries like US and Brazil are all important factors in determining crude oil price. The IEA forecasts that global …

Oil Steadies With Surging Dollar and Chinese Demand to the Fore
1 month, 1 week ago

Oil Steadies With Surging Dollar and Chinese Demand to the Fore

Live Mint  

-- Oil steadied — after touching the lowest this month on Wednesday — as a surging US dollar weighed on commodities, and concerns about demand growth clouded the outlook for prices. China’s weakening profile in the global oil market was highlighted midweek, with the US Energy Information Administration saying India was now the leading source of demand growth in Asia …

Oil Holds Near November Lows as Traders Brace for Crude Glut
1 month, 1 week ago

Oil Holds Near November Lows as Traders Brace for Crude Glut

Live Mint  

-- Oil held near November lows, settling near $68 a barrel, as increasingly bearish fundamentals capped the session’s gain. In the physical market, a key supply gauge suggests a glut is coming sooner than expected, while timespreads in the futures market are flashing signs of oversupply. Also weighing on oil: OPEC cut its demand growth forecasts for a fourth consecutive …

Oil falls on Chinese stimulus disappointment, supply outlook
1 month, 1 week ago

Oil falls on Chinese stimulus disappointment, supply outlook

Live Mint  

By Erwin Seba HOUSTON -Oil prices fell by more than 2% on Monday after China's latest stimulus plan disappointed investors seeking demand growth in the world's second-biggest oil consumer, while supply looked set to rise in 2025. Donald Trump's U.S. election victory may continue to be affecting the market, said Phil Flynn, senior analyst for the Price Futures Group. Bank …

Oil crashes over 2% on disappointing China stimulus; Brent drops below $73
1 month, 1 week ago

Oil crashes over 2% on disappointing China stimulus; Brent drops below $73

Live Mint  

Oil prices dropped around 2 per cent on Monday, November 11, after China's stimulus plan disappointed investors, Reuters reported. The report added that Brent crude futures fell by 2.48 per cent or $1.83 to $72.04 a barrel at 2:44 pm, and US West Texas Intermediate crude futures declined by 2.71 per cent or $1.91 to $68.47 a barrel. The oil …

Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus
1 month, 2 weeks ago

Oil gains 1% in five days on US elections, Fed rate cut; Brent sits 2% lower to $73 dragged by subdued China stimulus

Live Mint  

International crude oil prices settled more than two per cent lower in the previous session as traders grew less fearful of prolonged supply disruptions from a strong hurricane in the US Gulf of Mexico, while top importer China's latest economic-stimulus packages failed to impress some oil traders. Despite Friday's losses, oil prices gained more than one per cent week-over-week, drawing …

Oil hits one-week high on weak dollar ahead of US election results; Brent nears $76/bbl, WTI extends five-day streak
1 month, 2 weeks ago

Oil hits one-week high on weak dollar ahead of US election results; Brent nears $76/bbl, WTI extends five-day streak

Live Mint  

International crude oil prices edged one per cent higher to hit a one-week high on Tuesday, November 5, ahead of what is expected to be an exceptionally close US presidential election, after rising more than more than two per cent in the previous session as the Organisation of Petroleum Exporting Countries delayed plans to hike crude supply and production in …

Oil Prices Rise as Middle East War Rages, but China's Demand Remains a Key Factor
2 months ago

Oil Prices Rise as Middle East War Rages, but China's Demand Remains a Key Factor

Live Mint  

Oil prices remain volatile as the Middle East war rages on, with Brent crude futures settling higher for the second consecutive session. China's recent efforts to stimulate its economy are expected to have a positive impact on oil demand, but it may take some time for the stimulus efforts to filter through to oil demand. Global oil inventories point to …

Oil Prices Soar as Middle East Tensions Escalate
2 months, 2 weeks ago

Oil Prices Soar as Middle East Tensions Escalate

The Hindu  

Oil prices extend upward march on Mideast tensions, with Brent North Sea crude reaching close to $80 per barrel on Monday. The rise is partly attributed to concerns about geopolitical unrest in the Middle East, but also to hopes of stronger Chinese demand after Beijing recently announced major stimulus measures to boost its flagging economy.

Lebanon crisis: Oil prices climb on Middle East tensions
3 months ago

Lebanon crisis: Oil prices climb on Middle East tensions

Hindustan Times  

Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional supply, while a major hurricane loomed over the United States, the world's biggest crude producer. The crude oil market has been looking desperately towards Chinese authorities for further easing measures to counter the economic slowdown," …

Asia shares slip, China inflation surprisingly soft
3 months, 2 weeks ago

Asia shares slip, China inflation surprisingly soft

Hindustan Times  

By Wayne Cole Asia shares slip, China inflation surprisingly soft SYDNEY -Asian share markets slid on Monday after worries about a possible U.S. economic downturn slugged Wall Street, though U.S. stock futures did rally from an early dip and bond yields came off their lows. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 1.2%, after shedding 2.25% last week, …

Oil Rebounds After Brutal Week as Traders Take Stock of Outlook
3 months, 2 weeks ago

Oil Rebounds After Brutal Week as Traders Take Stock of Outlook

Live Mint  

Oil rose from its lowest close since 2021 after a deep weekly loss pushed futures close to levels regarded as oversold, with the focus this week on three reports that may clarify the demand outlook. Traders are in line for bumper crop of market insights this week as the three most prominent forecasters — OPEC, the Energy Information Administration and …

Stock markets trade marginally lower, Sensex down by 60 points, Nifty at 25,266
3 months, 3 weeks ago

Stock markets trade marginally lower, Sensex down by 60 points, Nifty at 25,266

India TV News  

A day after hitting an all-time high, the equity benchmark indices opened in red on Tuesday. Global oil benchmark Brent crude declined 0.40 per cent to USD 77.21 a barrel. Rupee against dollar The rupee declined 4 paise to 83.95 against the US dollar in early trade on Tuesday due to a stronger greenback in global markets and weak domestic …

Oil stabilises as signs of economic slowdown clash with Fed rate cut hopes; brent crude at $85.09/bbl
5 months ago

Oil stabilises as signs of economic slowdown clash with Fed rate cut hopes; brent crude at $85.09/bbl

Live Mint  

Oil prices remained largely unchanged on Thursday as investors grappled with conflicting signals about crude demand. Concerns about a potential economic slowdown in the U.S. were balanced by rising expectations that the Federal Reserve might soon cut interest rates. “Crude Oil prices have recovered from above key support levels with NYMEX crude recovering from $79-$79.5 and MCX crude from above …

Oil sheds China demand worries, gains 1% on weaker US dollar & drop in stockpiles; Brent nears $85/bbl
5 months ago

Oil sheds China demand worries, gains 1% on weaker US dollar & drop in stockpiles; Brent nears $85/bbl

Live Mint  

Crude oil prices climbed about one per cent on Wednesday, July 17, on a bigger-than-expected weekly drop in US crude stockpiles. Brent futures rose 96 cents, or 1.2 per cent, to $84.69 per barrel, while US West Texas Intermediate crude rose $1.36, or 1.7 per cent, to $82.12. Coming to domestic prices, crude oil futures last traded 1.95 per cent …

Oil prices decline over 1% on Chinese demand jitters
5 months, 1 week ago

Oil prices decline over 1% on Chinese demand jitters

Live Mint  

By Arathy Somasekhar HOUSTON -Oil prices settled more than 1% lower on Tuesday, the third straight day of losses, on worries of a slowing Chinese economy crimping demand, though declines were stemmed by a growing consensus the U.S. Federal Reserve could begin cutting its key interest rate as soon as September. "Weaker economic data continues to flow from China as …

Oil records longest losing streak in 5 months on hawkish US Fed policy, demand worries; Brent down 2% at $82/bbl
6 months, 4 weeks ago

Oil records longest losing streak in 5 months on hawkish US Fed policy, demand worries; Brent down 2% at $82/bbl

Live Mint  

Crude oil prices rose about one per cent in the previous session but fell for the week on worries that strong US macroeconomic data would keep interest rates elevated for a longer period, curbing fuel demand. Coming to domestic prices, crude oil futures settled 0.03 per cent lower at ₹6,469 per barrel on the multi commodity exchange Why is crude …

Crude oil extends decline despite geopolitical tensions; 4 key reasons weighing on prices
7 months ago

Crude oil extends decline despite geopolitical tensions; 4 key reasons weighing on prices

Live Mint  

Crude oil prices extended decline on Tuesday with the global benchmark Brent oil falling over a percent. The fall in crude oil prices comes despite the ongoing geopolitical tensions and ahead of the meeting of the Organization of the Petroleum Exporting Countries and its affiliates, together known as OPEC+ on supply. Here are the key reasons why crude oil prices …

Oil set for weekly gain as demand signs, geopolitics seen as positives
7 months, 2 weeks ago

Oil set for weekly gain as demand signs, geopolitics seen as positives

Hindustan Times  

By Katya Golubkova and Sudarshan Varadhan Oil set for weekly gain as demand signs, geopolitics seen as positives SINGORE, - Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices. Falling U.S. crude …

Oil set for weekly gain as demand signs, geopolitics seen as positives
7 months, 2 weeks ago

Oil set for weekly gain as demand signs, geopolitics seen as positives

Hindustan Times  

By Katya Golubkova and Sudarshan Varadhan Oil set for weekly gain as demand signs, geopolitics seen as positives SINGORE -Oil rose on Friday, set for a weekly gain, as data this week from the U.S. and China, the world's two largest crude users, pointed to higher demand and continuing uncertainty over the Gaza war supported prices. Falling U.S. crude inventories …

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?
7 months, 2 weeks ago

Brent, WTI shed 6% as oil heads for steepest weekly drop in 3 months: What’s cooling down the commodity?

Live Mint  

Oil prices extended losses on Friday, May 3, 2024 and stayed on course for the steepest weekly loss in three months, as investors weighed lower-than-expected US jobs data and the timing of interest rate cuts by the US Federal Reserve. Coming to domestic prices, crude oil futures declined 0.76 per cent to ₹6,551 per barrel on the multi commodity exchange. …

Oil rises over $1 on tighter supply, stays on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87
8 months, 3 weeks ago

Oil rises over $1 on tighter supply, stays on track for 3rd monthly gain ahead of OPEC decision; Brent hits $87

Live Mint  

International crude oil prices rebounded and rose by more than $1 per barrel on Thursday, March 28, after falling for two consecutive sessions ahead of the policy decision by the Organisation of Petroleum Exporting Countries. Brent crude futures for May were last up $1.21, or 1.4 per cent, at $87.30 per barrel, while the more actively traded June contract rose …

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl
9 months ago

Oil prices drop on weaker US fuel demand, Gaza ceasefire report; Brent rebounds to $85/bbl

Live Mint  

Oil prices declined on Thursday, March 21, pressured by weaker US gasoline demand data and reports of a United Nations draft resolution calling for a ceasefire in Gaza. US West Texas Intermediate futures for May were down 69 cents, or 0.9 per cent, to $80.58 per barrel after a fall of about 1.8 per cent in the previous session, according …

Oil rally cools off as prices slip 2% ahead of US Federal Reserve verdict; Brent down to $85.9/bbl
9 months ago

Oil rally cools off as prices slip 2% ahead of US Federal Reserve verdict; Brent down to $85.9/bbl

Live Mint  

International crude oil prices slipped on Wednesday, March 20, after hitting multi-month highs in the previous session, as investors braced for the US Federal Reserve's interest rate policy announcement later in the day. Coming to domestic prices, crude oil futures were last trading 2.05 per cent lower at ₹6,746 per barrel on the multi commodity exchange. Oil prices pullback ahead …

Oil prices slip amid interest rate outlook; Brent crude at $81.42/bbl
9 months, 3 weeks ago

Oil prices slip amid interest rate outlook; Brent crude at $81.42/bbl

Live Mint  

Oil prices experienced a slight decline amid speculation that unexpectedly robust inflation figures might postpone reductions in high interest rates, which have been restraining global fuel demand growth. Brent crude futures saw a decrease of 20 cents, marking a 0.3% drop to $81.42 per barrel by 1415 GMT. This downward trend follows last week's losses, with Brent experiencing a decline …

Oil prices extend over 1% drop ahead of US Fed policy verdict; Brent at $81
10 months, 3 weeks ago

Oil prices extend over 1% drop ahead of US Fed policy verdict; Brent at $81

Live Mint  

Oil prices edged lower on Tuesday, January 30, extending a more than one per cent drop in the previous session on China's economic outlook, however the losses were kept in check by supply fears driven escalating tensions in the Middle East. Back home, on the Multi Commodity Exchange, crude oil futures due for a February 16 expiry, was last trading …

Oil scores weekly gain as Middle East risk offsets China concerns; Brent at $78
11 months ago

Oil scores weekly gain as Middle East risk offsets China concerns; Brent at $78

Live Mint  

Oil prices settled slightly lower in the previous session but recorded a weekly gain as Middle East tensions and disruptions to oil output offset concerns about the Chinese and global economies. Back home, on the Multi Commodity Exchange, crude oil futures due for a February 16 expiry, settled 0.28 per cent higher at ₹6,045 per bbl, having swung between ₹6,084 …

Oil reports longest weekly losing streak since 2018; Brent posts first gain in 6 sessions, settles 2% higher at $75/bbl
1 year ago

Oil reports longest weekly losing streak since 2018; Brent posts first gain in 6 sessions, settles 2% higher at $75/bbl

Live Mint  

Oil prices rose more than 2 per cent in the previous session after US data supported expectations of a demand growth, however, both crude benchmarks fell for a seventh straight week, posting their longest streak of weekly declines in half a decade, on lingering oversupply concerns. Even though oil reported its longest weekly losing streak since 2018, Brent and US …

Oil ticks higher from six-month low over concerns of weak economic outlook; Brent at $74/bbl
1 year ago

Oil ticks higher from six-month low over concerns of weak economic outlook; Brent at $74/bbl

Live Mint  

In the previous session the market was spooked by data showing US output remains near record highs even though crude inventories declined. In the previous session the oil market was spooked by data showing US output remains near record highs even though crude inventories declined {{^adFree}} {{/adFree}} Brent crude futures were up 60 cents, or 0.8 per cent, at $74.90 …

Oil drops 2.5% on demand worries after rise in US gasoline inventories; Brent crashes to $75/bbl
1 year ago

Oil drops 2.5% on demand worries after rise in US gasoline inventories; Brent crashes to $75/bbl

Live Mint  

Oil prices fell by 2.5 per cent on Wednesday, December 6, as a bigger-than-expected rise in US gasoline inventories worried markets about demand and outweighed a draw in crude stocks. Back home, on the Multi Commodity Exchange, crude oil futures due for a December 18 expiry, was last trading lower by 4.75 per cent at ₹5,791 per bbl, having swung …

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl
1 year, 1 month ago

Oil prices slump 4% after OPEC+ postpones output policy meeting to November 30; Brent drops to $79/bbl

Live Mint  

Oil prices plunged 4 per cent on Wednesday, November 22, after the Organisation of Petroleum Exporting Countries and it allies unexpectedly delayed the policy meeting on output planned for Sunday, raising questions about the future course of crude production cuts. {{^adFree}} {{/adFree}} Back home, on the Multi Commodity Exchange, crude oil futures due for a December 18 expiry, was last …

Oil prices jump 2% on supply worries after large US stock drawdown
1 year, 2 months ago

Oil prices jump 2% on supply worries after large US stock drawdown

Live Mint  

Oil prices gained nearly $2 in early trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stocks amid worries about supply disruptions from the Middle East due to a deepening Israel-Hamas conflict. U.S. crude stocks fell by about 4.4 million barrels in the week ended Oct. 13, according to market sources citing American Petroleum Institute figures …

Oil ticks higher on optimism ahead of Biden’s Israel trip; Brent at $90/bbl
1 year, 2 months ago

Oil ticks higher on optimism ahead of Biden’s Israel trip; Brent at $90/bbl

Live Mint  

Oil prices edged higher on Tuesday, October 17, ahead of a trip by US President Joe Biden to the Middle East that is likely to involve balancing support for Israel with trying to prevent any regional escalation of its war with Hamas. Back home, on the Multi Commodity Exchange, crude oil futures due for a October 19 expiry, was last …

Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl
1 year, 3 months ago

Oil sears to 10-month high, set for weekly gain; Brent scores $94/bbl

Live Mint  

Oil prices rose to a fresh 10-month high for the fifth straight session and were on track to record a third weekly gain as supply tightness driven by Saudi Arabian production cuts combined with optimism around Chinese demand. Back home, on the Multi Commodity Exchange, crude oil futures due for a September 19 expiry, were last trading higher by 0.44 …

What changed for market overnight: Gift Nifty to global market cues
1 year, 4 months ago

What changed for market overnight: Gift Nifty to global market cues

Live Mint  

Asian markets traded mixed on Wednesday following an overnight selloff on Wall Street sparked by concerns over the health of the US banking system. Meanwhile, in Asia, investors watch for China’s inflation figures for July, which reported a 0.3% fall in consumer prices from a year ago. China slides into deflation China’s economy is witnessing signs of deflation pressure as …

Oil falls over 1.5% after weak data from Asian refiners offsets tighter supply
1 year, 4 months ago

Oil falls over 1.5% after weak data from Asian refiners offsets tighter supply

Live Mint  

Oil prices fell by more than 1.5 per cent on August 8 after data showed that China's imports and exports fell much more than expected in July in another sign of a sluggish post-COVID rebound for the world's largest oil importer. Back home, on the Multi Commodity Exchange, crude oil futures due for an August 21 expiry, were last trading …

Oil retreats from 3-month high peak, edges lower ahead of US Fed outcome
1 year, 4 months ago

Oil retreats from 3-month high peak, edges lower ahead of US Fed outcome

Live Mint  

Oil prices retreated from their three-month high peak and edged lower on July 26, after US crude inventories declined less than expected in the week and investors took to cautious trading ahead of the US Federal Reserve meeting outcome. Back home, on the Multi Commodity Exchange, crude oil futures due for a August 21 expiry, were last trading lower by …

Markets trade with slight gains amid weak trends in global equities; Rupee falls 20 paise against US dollar
1 year, 5 months ago

Markets trade with slight gains amid weak trends in global equities; Rupee falls 20 paise against US dollar

India TV News  

Stock markets: Equity benchmark indices climbed in early trade on Thursday amid unabated foreign fund inflows but later faced volatile trends after a record-breaking rally in the past few trading sessions. "Negative sentiment across the global equities could see local benchmarks struggle in early Thursday trade, with profit-taking likely to continue after yesterday's Federal Open Market Committee minutes meeting hinted …

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