Oil prices slid about 4% on Monday, February 2, after US President Donald Trump said over the weekend that Iran was seriously talking” with Washington. The comments eased fears of an escalation involving the OPEC member, after earlier concerns over a possible military strike had pushed prices to multi-month highs. Brent crude futures fell $2.81,…
HOUSTON, – Oil prices settled 3% higher on Tuesday as producers reeled from a winter storm that hobbled crude production and drove US Gulf Coast crude exports to zero over the weekend. Brent crude futures settled up $1.98 or 3.02%, at $67.57 a barrel. US West Texas Intermediate crude settled up $1.76 or 2.9%, at…
HOUSTON, Jan 26 (Reuters) – Oil prices settled slightly lower on Monday after climbing more than 2% in the previous session as investors assessed the impact on output in US crude-producing regions from winter storms and the impact of any tensions between the US and Iran. Brent crude futures closed down 29 cents, or 0.4%,…
(Bloomberg) — European stocks edged lower, heading for their biggest weekly loss in two months, as a jump in oil prices dragged airline shares lower. The Stoxx Europe 600 Index fell 0.08% as of 12:41 pm in Paris. Travel stocks dropped the most, along with economically sensitive sectors such as consumer products, construction and building…
By Laila Kearney and Seher Dareen NEW YORK/LONDON, Jan 13 (Reuters) – Oil prices surged by more than 2% on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible increased supply from Venezuela. Brent futures jumped by $1.60, or 2.5%, to settle at $65.47. US West Texas Intermediate crude settled at $61.15…
CY2025 proved to be a mixed year for Indian equity markets. Large-cap stocks rose about 9%, mid-caps gained 4%, while small-caps declined by 9%. Performance varied sharply across market caps, sectors, and individual stocks. Autos, banks, and metals delivered relatively strong returns, whereas IT underperformed. The auto sector benefited from a large and unexpected GST…
Expert view: After the sharp rise in 2026 and the volatility this year, investors are contemplating how to approach gold and silver going ahead. Navneet Damani, Head of Research, Commodities, Motilal Oswal Financial Servicesbelieves that 2026 will not see a one-way rally in gold and silver prices. That said, he remains bullish on these commodities….
United States President Donald Trump on Wednesday, January 7, declined to give a clear timeline on how long the United States would maintain control over Venezuela and extract oil from the South American country, saying “only time will tell.” In an interview with New York Times, Donald Trump hinted that America would be running Venezuela,…
Oil stocks have been volatile as the market seems to be pricing in a spike in crude prices owing to prolonged uncertainty and possible supply-chain disruption. However, the lifting of US sanctions on Venezuela and the formation of a pro-US government there could raise supplies significantly. Source
US-Venezuela conflict: Saudi Arabia’s stock market slumped for the third day in a row on Tuesday, January 6, as investors weighed the impact on oil prices amid heightened geopolitical risks. Oil prices fell back after ending higher in volatile trade on Monday following the capture by US forces of Venezuelan President Nicolas Maduro in a…
