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Stock markets to take cues from global trends, FII trading activity in coming week: Analysts

With the earnings season drawing to a close, stock markets will take cues from global trends and fo…

PTI   


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2 mins read

The world could see a 1970s-style oil shock amid deepening conflict in the Middle East, 'Dr. Doom' Nouriel Roubini says

An oil price shock has the potential to spark a recession or a 1970s-style stagflationary crisis, R…

Jennifer Sor   


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2 mins read

Gold, silver rally, crude volatile while copper at two-month low: Choice Commodity Report

The Multi Commodity Exchange of India (MCX) Gold July contract saw a modest increase of +0.86 per c…

ANI   


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US oil production just hit a record high

US oil production hit a record high of 13.4 million barrels per day last week, up from 12.6 million…

Kelly Cloonan   


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Amid market volatility, investors await Finance Minister Nirmala Sitharaman's 7th Union Budget

With the highly-anticipated Union Budget week set to commence, investors' sentiments in the equity …

ANI   


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Wholesale inflation rose for fourth straight month in June to 3.36%, owing to rising vegetable and food prices

Wholesale inflation in the country rose for the fourth consecutive month in June at 3.36 per cent o…

PTI   


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Oil prices spike on crude inventory update and Powell's rate-cut outlook

The Israel-Hamas war, Red Sea attacks, and the West's sanctions on Russia's oil trade have helped k…

Yuheng Zhan   


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2 mins read

IEA slashes oil demand outlook amid the end of the post-pandemic rebound and expanding EV adoption

The latest bout of Middle East turmoil has ratcheted up fears that oil could soon hit $100 a barrel.

Yuheng Zhan   


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2 mins read

RBI sees price of India's crude oil imports at $85 a barrel in FY25

The RBI expects the price of the Indian basket of crude oil imports to be around $85 per barrel goi…

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Oil supply is looking tighter and prices could climb as US production outlook gets cut in half this year, RBC commodities chief says

US oil production growth could be slashed in half this year, down from a million barrels to just 50…

Jennifer Sor   


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The oil market is at risk of a supply shortage as peak demand is still 10 years away, Goldman Sachs says

Demand for crude is set to climb through 2034, as major oil producers pull back on spending, Goldm…

Jennifer Sor   


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Rupee moves upward for second straight session, rises 6 paise to 83.37 against US dollar in early trade

The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.…

PTI   


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Peak oil demand before 2030 will usher in a major supply glut, the International Energy Agency says

As global demand for oil plateaus this decade, heavy production will create a massive supply glut t…

Filip De Mott   


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5 mins read

State-owned oil stocks have more juice left in the barrel

Few stocks can claim to have juice left as markets hit staggering heights as 2023 bid goodbye. Publ…

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1 min read

Oil prices drop further as the global demand outlook turns murky

The latest dip follows a 6% drop on Wednesday, amid concerns about lower demand and slower economic…

Phil Rosen   


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2 mins read

Stock market today: Indexes edge up as cool July inflation locks in rate cut expectations

Inflation continued to cool in July, instilling further confidence that the Fed will begin cutting …

Jennifer Sor   


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3 mins read

Stock market today: Dow drops 422 points as hot inflation scrambles rate outlook

Odds of a June rate cut have been slashed as the Fed looks like it will have to grapple with furthe…

Jennifer Sor   


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2 mins read

Stock market today: Indexes climb as producer inflation comes in cool

Stocks jumped after a cool PPI reading for July, setting the stage for consumer price inflation to …

Max Adams   


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Stock market today: Indexes slide to start heavy week of new economic data

US stocks were down to start the week, with traders looking ahead to a slew of new data including c…

Max Adams   


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Here's why oil prices have seen wild swings lately, clouding the outlook for inflation

The Israel-Hamas conflict is just the latest driver of crude prices, which have seen big swings in …

Aruni Soni