Six European Union countries are advocating for a reduction in the G7-imposed price cap on Russian oil. Currently set at $60 per barrel, the cap aims to limit Russia’s revenue…
Browsing: Commodities
European natural gas prices have jumped by as much as 5.4% to €47.42 per megawatt-hour (MWh) due to concerns over supply disruptions and rising demand. This surge follows the halt…
Oil prices continued their upward trajectory, with Brent crude, the international benchmark, rising 2.2% to reach $78.57 per barrel. This surge is primarily attributed to escalating geopolitical tensions in the…
U.S. crude oil futures prices settled higher, rising by $0.60 (0.82%) to $73.92 per barrel. This uptick comes amidst a backdrop of volatile oil markets influenced by various global factors.…
Brent crude futures, the international benchmark for oil prices, settled at $76.92 per barrel on [date of news], marking a 76 cent increase, or 1%, from the previous day’s close.…
The Indian government has significantly revised its gold import data for the period from April to November 2024, due to a ‘double-counting’ error. This revision lowers the total value of…
The NSE Nifty 50 index closed lower today, continuing the recent trend of market volatility. This downward pressure comes amidst a backdrop of both domestic and global uncertainties. Domestically, investors…
U.S. crude oil futures experienced a slight dip, settling at $73.32 per barrel, marking a decrease of 93 cents or 1.25%. This decline comes despite initial gains of over 1%…
Brent crude oil futures settled at $76.16 per barrel on January 7, 2025, marking a decrease of 89 cents or 1.16% from the previous day’s closing price. This decline comes…
Brent crude oil futures saw a modest increase, settling above $77 per barrel on Wednesday, January 8, 2025. This upward movement extends recent gains and pushes prices closer to a…