Oil prices steady as markets turn focus to OPEC+ meeting - Markets
LONDON: Oil prices were little changed on Monday, making marginal advances in muted trade owing to public holidays...
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LONDON: Oil prices were little changed on Monday, making marginal advances in muted trade owing to public holidays...
Oil edges higher ahead of inflation data after downbeat week
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
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%.
"Sentiment in the oil complex ... has been skittish as investors are constantly recalibrating expectations for the Federal Reserve's monetary policy trajectory," said Vandana Hari, founder of oil market analysis provider Vanda Insights.