[ad_1] Last Updated: June 28, 2023, 00:36 IST New York, United States of America (USA) European Central Bank President Christine Lagarde on Tuesday said that stubbornly high inflation will require the bank to avoid declaring an end to rate hikes. (IReuters) Brent crude futures were down $1.22, or 1.6%, at $72.96 a barrel by 12:46 … Read more
[ad_1] Last Updated: May 30, 2023, 01:28 IST London, United Kingdom (UK) Asian stocks mostly rose, with Tokyo’s Nikkei surging to a new 33-year high. But Chinese stocks fell after data showed profits slumping at China’s industrial firms. The US debt deal is expected to provide only short-term relief for markets, as worries linger about … Read more
[ad_1] Last Updated: May 24, 2023, 23:55 IST The U.S. Memorial Day holiday on May 29 marks the beginning of the peak summer travel season and higher fuel demand. (Image: Reuters File) Brent crude futures rose 90 cents, or 1.2%, to $77.74 a barrel by 12:29 p.m. EDT (1629 GMT) Oil prices rose over 1% … Read more
[ad_1] Last Updated: May 16, 2023, 23:47 IST Both benchmarks rose more than 1% on Monday, reversing a three-session losing streak. (Image: Reuters File) Brent crude futures were down 30 cents to $74.93 a barrel by 12:57 p.m. EDT (1657 GMT), while U.S. West Texas Intermediate crude edged down 22 cents to $70.89 Oil futures … Read more