US-Iran peace deal. Brent crude futures rose 47 cents, or 0.6%, to $79.43 per barrel, while US West Texas Intermediate (WTI) crude advanced 48 cents, or 0.6%, to $76.53 per barrel ....
The interim agreement, expected to be signed on Friday, would grant Tehran significant economic incentives, including the immediate ability to resume oil sales ... .
Gift Nifty was trading around 24,032 level, a premium of nearly 31 points from the Nifty futures’ previous close, indicating a flat-to-positive start for the Indian stock market indices ....
MatthewPeter from QIC talks about the RBA's decision to hold rates as it works through the second-order effects of higher oil prices. He also thinks the RBA is trying to signal that rates might be kept steady even if the Strait of Hormuz reopens ... .
NEW YORK — Oil prices sank again Tuesday and dropped below $80 per barrel for the first time since early March, while U.S. stocks drifted near their all-time highs in mixed trading ... .
... supply of base oils. Today, the challenge isn't just price, it's also availability, planning and navigating a market that is being shaped by supply rather than demand.
If oil prices come down and stay at a lower level for some time, then the benefit of softening prices can be transmitted to consumers,” said DK Joshi, chief economist at Crisil.While Brent had dropped ...
After repeatedly soaring beyond the $100 per barrel mark amid the Middle East conflict, oil prices have finally begun to cool down, inching near the $70 levels seen before the conflict.