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OIL PRICES EXTEND DECLINE ON RECESSION FEARS, CHINA COVID CURBS 0

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. U.S. West Texas Intermediate crude was at $88.66

PM Modi to launch healthcare projects, address rally in Gujarat today 0

Prime Minister Narendra Modi will launch various healthcare projects in Ahmedabad and address a rally in Rajkot on Tuesday, the third day of his visit to poll-bound Gujarat. The Assembly elections in the BJP-ruled state are due this year-end PM Modi will inaugurate healthcare facilities worth Rs 1,275 crore at the Civil Hospital (Asarwa) in

OIL SLIPS FROM 1-MONTH HIGH AS WEAK CHINESE DATA FUELS DEMAND FEARS 0

Oil fell on Monday as an unexpected contraction in China’s service sector fueled fears of slowing demand, although an OPEC supply cut and the prospect of more disruptions in Russia kept prices pinned near a one-month high London-traded Brent oil futures fell 0.7% to $97.73 a barrel, while U.S. West Texas Intermediate crude futures fell

US LABOUR REPORT TO SET THE TONE FOR COMMODITIES MARKETS, DOLLAR INDEX 0
- Stock Market
- October 8, 2022
Commodities may see increased volatility next week as well with the return of Chinese markets from Golden Week Holiday Commodities remained volatile amid fresh supply tightness concerns, prolonged inflation worries and Fed’s commitment to tame inflation despite fears of recession Recent comments by Fed officials clearly indicate that the financial market instability did not dissuade
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Oil Slips Before U.S. Payrolls, but set for Best Week in 6 Months 0
- Stock Market
- October 7, 2022
Oil Prices Fell On Friday As Markets Awaited More Economic Cues From A Closely-Watched U.S. Payrolls Report, But Were Headed For Strong Weekly Gains After The OPEC+ Announced Its Biggest Supply Cut Since The 2020 COVID Pandemic London-traded Brent oil futures fell 0.4% to $94.43 a barrel, while West Texas Intermediate crude futures were largely
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US dollar clings to gains as bets on further Fed hikes firm 0
- Stock Market
- October 6, 2022
THE Dollar Fought For A Footing In Choppy Trade On Thursday With Support From Upbeat U.S. Data And Hawkish Policymaker Comments While The Prospect Of Higher Energy Prices Helped Exporters’ Currencies And Weighed On Those Of Importers. The dollar rose 1% on the euro and 1.3% on sterling overnight and was trying to hold those
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