[ad_1] Crude prices saw a modest 1% increase, reaching a five-month peak. This surge was fueled by anticipations of rising oil demand, prompted by upbeat economic updates from both the U.S. and China, on Monday. Additionally, global supplies faced constraints due to OPEC+ production cuts and assaults on Russian refineries. Brent futures climbed by 73 cents (0.8%) to $87.73 per barrel, while U.S. West Texas Intermediate (WTI) crude rose…
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[ad_1] With the opening of the new fiscal, investors will eye a host of stock market triggers in the first week of FY25, including the including the Monetary Policy Committee (MPC) meeting by the Reserve Bank of India (RBI), auto sales figures, fourth quarter company updates (Q4FY24) ahead of results, foreign capital inflow, crude oil prices, and global cues. Domestic equity benchmark Nifty 50 ended FY24 on buoyant note…
Read More »[ad_1] Oil prices were broadly stable on Wednesday, March 27, after US crude stockpile rose lesser than expected and also dragged by indications that the Organization of Petroleum Exporting Countries (OPEC) is unlikely to change its output policy at its technical meeting next week. Crude prices have retreated since hitting last week to their highest levels since October and remain about three per cent above the average closing price…
Read More »[ad_1] Oil prices were little changed on Tuesday, March 26 as investors took a more mixed view toward the loss of Russian refinery capacity after recent Ukrainian attacks while a slightly weaker US dollar offered some support. Milestone Alert! Livemint tops charts as the fastest growing news website in the world 🌏 Click here to know more. Unlock a world of Benefits! From insightful newsletters…
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