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2 mins read
Stock market today: Indexes climb as drop in jobless claims boosts investors' confidence
Indexes rose on Thursday as investors digested better-than-expected jobless claims data, which show…
Kelly Cloonan
2 mins read
Oil prices spike as markets fear escalation of Middle East conflict amid reports of Israel bracing for attack by Iran
"If push comes to shove between Israel and Iran, $100 or more is likely," Market veteran Ed Yardeni…
Yuheng Zhan
1 min read
India is buying the most US oil in almost a year as sanctions on Russian energy bite
Indian refiners see more WTI Midland crude oil being used in the country in coming months, sources …
Yuheng Zhan
3 mins read
A wave of M&A means the US oil-production boom may be over
Public and private firms have very different financial priorities. For the US oil industry this yea…
Aruni Soni
2 mins read
Oil traders are pouring their money into a market that isn't moving
Open interest in oil futures contracts has risen to the highest level since March 2022, even though…
Aruni Soni
2 mins read
Red Sea turmoil is the only thing keeping oil prices as high as they are
The Red Sea chaos is actually creating a floor beneath prices, which would otherwise be dragged dow…
Aruni Soni
2 mins read
Nifty, Sensex open with gains; Buy on dips strategy still relevant, experts recommend
The Nifty 50 index opened at 24,396.55, gaining 67 points at the opening, while the BSE Sensex sust…
ANI
1 min read
NSE signs data licensing pact with CME Group for WTI crude oil, natural gas derivatives contracts
"The Nymex WTI Crude Oil and Natural Gas (Henry Hub) contracts are amongst the world's most traded …
PTI
2 mins read
Markets surge to record highs: Nifty tops 24,050, Sensex nears 79,500; Media-PSU Bank stocks drive gains
Among the sectoral indices on NSE, Nifty Bank, Financial services, FMCG, IT, Media, Metal, Pharma, …
ANI
3 mins read
After flat opening to market, Sensex breaches 79,000-mark for first time; Nifty hits new lifetime high
The stock market has hit news heights, with Sensex breaching the 79,000-mark for first time and N…
ANI
3 mins read
Stock markets begin week on a cautious note with key indices slipping into red
The BSE Sensex fell by 346.25 points, opening at 76,863.65, reflecting a 0.45 per cent decline. Mea…
ANI
1 min read
Oil prices briefly spike as Russia suggests more OPEC+ cuts will hit markets in 2024
But oil prices later gave up gains and turned lower, with Brent crude and West Texas Intermediate b…
Jennifer Sor
2 mins read
Oil prices are at their lowest level since August. Here's everything moving crude markets.
Factors include the Israel-Hamas conflict, production cuts from Russia and Saudi Arabia, uncertaint…
Phil Rosen
1 min read
The US is refilling strategic oil reserves as fast as it can amid lower prices, but there are physical limits, Energy Department official says
"We are refilling as much as we can. We've been doing that for the last several months. And at this…
Aruni Soni
2 mins read
Oil slides 4% as US gasoline demand shows signs of dropping off right in the middle of the summer driving season
The damage to consumer demand from gasoline at $5 a gallon was apparent in an unexpected build in w…
Amanda Cooper
1 min read
Oil tumbles towards $100, as renewed COVID-19 lockdowns in China and recession fears depress demand outlook
"Markets remain torn between recession fears in the US, Europe, and China torpedoing growth and thu…
Zahra Tayeb
2 mins read
Oil has plunged below $100 as recession fears spike. This is what happens next, according to top Wall Street analysts.
One analyst said oil prices could drop to $55 a barrel by Christmas. But many said nothing has chan…
Harry Robertson
2 mins read
Oil steadies around $100 a barrel, but heads for 5th straight weekly loss as recession fears take hold
The global oil benchmark steadied Wednesday at $100.79 after falling 7% overnight, but it is headed…
Zahra Tayeb
2 mins read
US stocks drop and oil pops as war rages between Israel and Hamas
Market volatility could jump if the war between Israel and Hamas destabilizes the Middle East and d…
Matthew Fox
2 mins read
US futures fall and oil hovers at $100 as recession fears stalk markets
Investors are nervous as they weigh up the twin threats of inflation and recession, the last of whi…