News

The double whammy of a tariff-induced global economic slowdown and gradually increasing OPEC+ supply will continue to ...
Market worries about Trump trying to unseat Fed chair Jerome Powell were eased, as the president said he had 'no intention' of firing him.
Several OPEC+ members will suggest that the group accelerate oil output increases for a second consecutive month in June, ...
U.S. crude oil inventories rose by 244,000 barrels, for a fourth consecutive weekly climb, amid higher net imports, while ...
The rupee depreciated 26 paise and settled for the day at 85.45 against the US dollar on Wednesday, on surge in crude oil prices and importer demand for the American currency. Forex traders said the ...
Asharq Al Awsat Oil prices rose on Wednesday after a fresh round of US sanctions on Iran, a drop in US crude stocks and a softer tone from US President Donald Trump towards the Federal Reserve and his ...
More work on developing supply chains and projects linked to the energy sector has been flagged in the latest meeting ...
U.S. crude oil production has surged to 13.5 million barrels per day, adding significant supply to the global market. Click ...
The MPC now projects CPI inflation for 2025-26 to average 4.0%, with quarterly readings expected to range between 3.6 and 4.4 ...
The Indian rupee continues to lose ground amidst mild recovery in dollar overseas in addition to rising international crude oil prices. INR depreciated 25 paise and settled for the day at 85.44 ...
Markets close higher on strong earnings and trade optimism. S&P 500 surges 2.5%, tech stocks lead. Futures and oil prices ...
According to the U.S. Energy Information Administration’s (EIA) latest short term energy outlook (STEO), which was released ...