Oil prices surged in Asian trading on Monday as escalating conflicts in the Middle East and between Russia and Ukraine raised concerns over tighter global supply. Brent crude futures climbed 39 cents to USD 85.82 a barrel, while US crude futures gained 40 cents to USD 81.03 per barrel. The tensions between Russia and Ukraine […]
Oil prices dipped on Monday in choppy trade as China’s ailing property sector sparked demand worries while rising tensions over the weekend in the Middle East intensified oil supply concerns. Brent crude futures were down 62 cents to USD 82.93 a barrel by 1430 GMT while US West Texas Intermediate crude futures were down 59 […]
Oil prices lost roughly 1 per cent on Monday as the Middle East conflict’s limited impact on crude output prompted profit-taking after oil benchmarks gained 2 per cent last week. Brent crude futures were down 69 cents, or about 0.9 per cent, at USD 77.60 a barrel by 1534 GMT and US West Texas Intermediate […]
Oil prices rose 2 per cent on Friday as the United States and Britain carried out air and sea strikes on Houthi military targets in Yemen in response to attacks by the Iran-backed group on shipping in the Red Sea. The attack added to market concerns about the potential impact a broader conflict in the […]
India’s GDP growth rate is anticipated to ascend to 7 per cent by 2026, outpacing China’s projected growth of 4.6 per cent, according to a report from S&P Global Ratings titled ‘China Slows India Grows. ‘The report foresees a shift in the growth engine of the Asia-Pacific region from China to South and Southeast Asia. […]
