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Oil steadies after weekly decline on US interest rate prospects

LONDON :Oil prices made marginal advances in muted trade owing to public holidays in Britain and United States after a downbeat week characterised by the outlook for U.S. interest rates in the face of sticky inflation. The Brent crude July contract was up 56 cents at $82.68 a barrel by 1233 GMT. The more act
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sensex news today: Monday rally fizzles: Profit-booking, energy stocks push Sensex over 600 points off peak

Sensex, Nifty closed marginally lower. Uncertainty over the results of the ongoing general elections put volatility at a high with VIX surging almost 90% in the last one month, including climbing 6.8% on the day. The broader NSE Nifty dropped 25 points or 0.11% to end at 22,932. Wipro, NTPC, Sun Pharma, M&M, ITC, and Reliance Industries were the top Sensex laggards, falling up to 2.3%.
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Oil steadies after weekly decline on U.S. interest rate prospects, ET Auto

"Sentiment in the oil complex ... has been skittish as investors are constantly recalibrating expectations for the Federal Reserves monetary policy trajectory," said Vandana Hari, founder of oil market analysis provider Vanda Insights.
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