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1 min read

NSE eyes growth in commodities market, set to launch new contracts soon

NSE Chief Business Development Officer Sriram Krishnan stated that the exchange is focusing on non-…

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2 mins read

Oil oversupply could send prices tumbling in 2025, energy analyst says

Some forecasters have called for oil prices to hit $50 a barrel. That would mark a decline of nearl…

Jennifer Sor   


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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   


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2 mins read

Oil prices could soar 62% by early 2025 if the geopolitical situation deteriorates, Citi strategist says

Citi's bull case for oil hinges on conditions deteriorating sharply in the Middle East as tensions …

Jennifer Sor   


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Russia's oil revenue has plunged as global crude prices tumble

Moscow saw oil sales drop to $1.44 billion the last week, the lowest value since January, Bloomberg…

Jennifer Sor   


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China's EVs are fueling a big oil demand slowdown

China's oil demand growth is down this year, mostly due to the country's massive shift to EVs and …

Kelly Cloonan   


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2 mins read

Exxon says oil and gas will still be the dominant sources of energy by 2050

Exxon says oil and gas use will remain high until the middle of this century, as the world populati…

Kelly Cloonan   


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2 mins read

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   


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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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Why AI could weigh down oil prices in the next decade, according to Goldman Sachs

The impact to supply due to the use of AI could end up outweighing any rise in demand from AI's pow…

Kelly Cloonan   


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The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues…

Jennifer Sor   


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Sensex, Nifty nosedive as initial trends predict lesser seats for BJP than exit polls prediction

Soon after the BSE benchmark dived 4,131.44 points or 5.40 per cent to 72,337.34, and the Nifty…

PTI   


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Rupee rises 6 paise against US dollar as crude oil prices ease

The rupee appreciated 6 paise to close at 83.31 against the US dollar on Tuesday following a weak g…

PTI   


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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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3 mins read

Bloodbath in Indian stocks as trends show below par show by BJP-led NDA; Sensex slumps over 4,000 points

Indian stock indices witnessed a bloodbath on the day the Lok Sabha results are being announced, wh…

ANI   


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Rupee rises 7 paise to close at 83.37 against US dollar

The rupee rises by 7 paise to close at 83.37 (provisional) against the US dollar on Monday on posit…

PTI   


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Sensex climbs over 560 points; Nifty tops 22,300-level

Equity benchmark indices Sensex and Nifty climbed nearly 1 per cent each on Monday amid a rally in …

PTI   


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Sensex climbs 640 points; Nifty tops 22,300-level in early trade

From the Sensex basket, UltraTech Cement, Axis Bank, Bajaj Finance, Larsen & Toubro, Tata St…

PTI   


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Oil prices drop as reports say Israel and Hamas could soon head for cease-fire talks

Oil prices dropped Monday. Israel and Hamas could meet in Cairo for talks as soon as Tuesday, The N…

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