Tag: oil prices
Could oil hit $120? Goldman warns as US-Iran attacks threaten Hormuz shipping
Goldman Sachs sees oil rising as high as $120 a barrel if attacks on Middle East shipping get worse. The bank warned that a bigger…
Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100
OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…
Global stock markets fall as US-Iran strikes push oil to $95, bond yields surge, Fed rate hike bets rise
Global stock markets fell on Wednesday as fresh US airstrikes on Iran pushed oil prices to a five-week high. Investors grew worried that the conflict…
Sensex, Nifty see sharp drop amid Iran-US conflict flare-up; brent crude skyrockets
Indian stock market indices Sensex and Nifty dropped sharply on opening on Wednesday, reacting to the international developments – the major escalation in the Iran-US…
India’s July crude oil imports rise over 9% month-on-month
India’s crude oil imports in July rose more than 9% from the previous month to 21.41 million metric tons, government data showed on Wednesday. On…
RBI turns upbeat as worst of Iran war shock recedes
Five months after the Iran war raised fears of an inflation spike and an economic downturn, Indian officials are sounding more confident as the worst…
After a dash for hot dollars, India dives deep for sticky money
A proposal to raise the threshold for foreign direct investment (FDI) projects requiring Cabinet Committee on Economic Affairs approval from Rs 5,000 crore to Rs…
US stock futures rise as Trump’s Iran talks lower oil prices; jobs report, earnings and markets in focus
US stock futures moved higher before Wall Street opened on Monday. Dow Jones futures jumped more than 330 points (0.6%), while S&P 500 futures gained…
Iran war and monsoons key risk for Indian economy, says RBI Governor Sanjay Malhotra
India’s inflation remains elevated, with ongoing tensions in the Middle East and prospects of a weak monsoon season seen as key risks for the economy,…
Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP
New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD) forecast for 2026 to 1.3% of gross…