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Sensex, and Nifty rebound to greens, metals and banks lead the rally on bourses today
Indian benchmark indices, Nifty and Sensex, rebounded from last week's losses, closing higher on Mo…
The US is pumping more oil than ever, and it's complicating things for other crude-exporting countries
US crude production notched a new monthly record in August. That's not necessarily welcome news to …
Filip De Mott
India's exports to Kuwait surged by 34.78% Y-o-Y to USD 2.1 bn
India's trade with Kuwait has surged remarkably, with Indian exports to the Gulf nation reaching an…
ANI
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
Oil disruption fears in the Middle East are getting real after reports of an Israel strike on Iran
Markets have been on edge since over fears of a widening of the conflict in the Middle East — a maj…
Huileng Tan
Stocks tumble, oil spikes as Mideast tensions flare
Investors moved out of equities as conflict escalated between Israel and Iran. Traders piled into s…
Filip De Mott
Why oil prices have plunged 3% today
Saudi Arabia is committed to boosting oil output, abandoning its aim for higher prices, the FT repo…
Filip De Mott
China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…
Jennifer Sor
Germany banned Russian gas from its ports, the latest move to isolate Putin's energy industry: report
Deutsche Energy Terminal has been sent a letter by the German economy ministry telling it to reject…
Mikhaila Friel
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
OPEC+ output witnesses biggest drop in six months, falling short of agreed cuts
In January, OPEC+ crude output witnessed a decline of 340,000 b/d, attributed partly to voluntary c…
ANI
How plunging oil prices could help the US avoid recession
Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…
Filip De Mott
Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data
The 10-year US Treasury yield jumped back above 4% on Monday, touching its highest level in about t…
Matthew Fox
India Inc might see margin squeeze with a crude shock at hand
Since the start of September, Brent crude has risen from $85 per barrel to $92 a barrel approximate…
The economy is in an industrial recession and higher oil prices could spark a full downturn, Wall Street economist says
Manufacturing activity in September contracted for the sixth consecutive month, per the latest ISM …
Jennifer Sor
China's economic issues are so serious that even the oil market doesn't care about Middle East tensions — for now
On the supply side, Saudi Arabia is looking to increase market share instead of pursuing higher pro…
Huileng Tan
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
Russia undermines its pledge to OPEC+ as crude oil and fuel exports jump
Despite Moscow's pledges to curb exports, Russia's energy outflows have boomed in recent weeks.
Filip De Mott
Crude oil prices may hit $100/bbl after OPEC+ decision, say analysts
Crude oil prices are expected to rise after the oil cartel OPEC+ announced their decision to extend…
Warren Buffett's $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
The $55 to $60 level has acted as a floor for Occidental Petroleum stock since Buffett started buyi…