US Allows India to Purchase Russian Oil Already at Sea to Ease Global Supply Pressure
The United States has allowed India to purchase Russian oil that is already loaded on vessels in waterways, as part of a temporary measure aimed at easing global supply pressures during the ongoing conflict in...
Wall Street Extends Losses as Middle East Conflict and Weak Jobs Data Weigh on Markets
Wall Street remained under pressure on Friday as major US indices declined further, capping the worst weekly sell-off since October. Escalating tensions in the Middle East and a surprise contraction in US...
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Oil Prices Slip as US Grants India 30-Day Waiver to Purchase Russian Oil
Oil prices declined in early trading on Friday after the United States announced a temporary 30 day waiver allowing Indian refiners to purchase Russian oil currently stranded at sea. The move eased concerns around supply...
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west texas intermediate
Rupee Depreciation Boosts IT Stocks on March 4
The Nifty IT index emerged as the only sectoral gauge trading in positive territory on Wednesday, as the Indian rupee weakened sharply to a fresh record low of 92.28 against the US dollar on March 4.The sharp depreciation in the domestic currency...
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Indian Stock Market Crash: Nifty Tumbles Over 500 Points as West Asia War Triggers ₹11 Lakh Crore Wealth Erosion
Indian equities witnessed a sharp selloff on Wednesday as the escalating conflict in West Asia entered its fifth day without signs of de-escalation. The benchmark Nifty index plunged...
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Indian Rupee Set to Breach 92 Per Dollar Amid US Israel Iran Conflict and Crude Oil Surge
Rupee Poised for Lifetime Low in Early Trade
The Indian rupee is expected to slip past the 92 mark against the US dollar in early trade on Wednesday, potentially hitting a fresh lifetime low. The...
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Indian Rupee Falls 27 Paise to 91.25 Against US Dollar as Middle East Conflict Escalates
Rupee Opens Weaker Amid Global Risk Aversion
The Indian rupee opened 27 paise lower on Monday at 91.25 against the US dollar, reflecting heightened risk aversion across global markets after fresh...
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Oil Prices Surge After US and Israel Strikes on Iran, Brent Crosses $80 Before Easing
Global oil prices spike as Middle East tensions escalate, with Brent crude briefly touching $80 per barrel before paring gains.Brent and WTI Jump Sharply Amid Escalating Middle East Crisis
Global oil markets...
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US Stocks Slide as Oil Prices Surge 13% Amid Escalating Middle East Conflict
Global financial markets are witnessing sharp volatility as escalating tensions in the Middle East trigger a surge in crude oil prices, a stronger US dollar, and a broad retreat from risk assets.Wall Street Futures...
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Oil Prices Surge to Seven Month High as US and Israel Strikes on Iran Trigger Middle East Crisis
Global oil prices have jumped sharply after coordinated military strikes by the United States and Israel on Iran escalated tensions across the Middle East over the weekend. The situation intensified...
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Brent Crude Surges 10% to $80 as Iran Conflict Sparks Fears of $100 Oil
Brent crude prices jumped 10% to around $80 per barrel on Sunday, as escalating US and Israeli strikes on Iran pushed the Middle East into renewed conflict and triggered fears of a major supply disruption.Oil traders...
Oil Prices Edge Higher Ahead of US Iran Nuclear Talks as Middle East Exports Rise
Global oil prices inched higher as markets assessed the upcoming US Iran nuclear talks and a surge in crude exports from key Middle Eastern producers, creating fresh uncertainty around future supply dynamics.WTI...
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Crude Oil Prices Edge Higher in Wednesday Trade
New Delhi, February 25: Crude oil prices advanced in futures trading on Wednesday, supported by fresh positions created by market participants in response to firm spot demand.On the Multi Commodity Exchange, crude oil contracts for March delivery...
Oil Prices Rise as US Iran Nuclear Talks Loom Amid Military Buildup in Middle East
Global oil prices edged higher as traders weighed the prospects of a potential nuclear agreement between the United States and Iran ahead of scheduled talks on Thursday, even as a large-scale US military...
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Global financial markets opened the week on a guarded note as investors assessed fresh uncertainty around US trade tariffs and braced for a critical earnings report from semiconductor heavyweight Nvidia. The dollar slipped in Asian trading, while oil prices eased ahead of renewed US Iran...
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February and March Contracts Decline in Futures Trade
New Delhi, February 17: Crude oil prices declined by nearly 1 per cent in futures trading on Tuesday, weighed down by weak demand in the physical market and mixed trends in overseas benchmarks.On the Multi Commodity Exchange, crude oil for...
Crude oil prices declined by nearly 1 per cent in futures trading on Monday, mirroring weakness in global benchmarks and reflecting cautious sentiment in the energy market.MCX Crude Oil Contracts Trade Lower
On the Multi Commodity Exchange, crude oil for February delivery fell by ₹48, or 0.84...