crude oil prices

Oil prices drop over $1 after US inflation, Fed outlook hurts consumer demand; Brent at $82/bbl

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Oil prices drop over $1 after US inflation, Fed outlook hurts consumer demand; Brent at $82/bbl

Brent crude futures fell by $1.21, or 1.45 per cent, to $82.50 per barrel. US West Texas Intermediate crude (WTI) futures for June, slipped by $1.26, or 1.58 per cent, to $78.54. The more active July contract lost $1.09, or 1.37 per cent, to $78.21. The structure of the Brent contract is weakening in an … Read more

Week Ahead: Q4FY24 Results, FII activity, macro data, global cues among key market triggers this week

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Week Ahead: Q4FY24 Results, FII activity, macro data, global cues among key market triggers this week

The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global markets coupled with declines in certain major stocks offset much of the gains.  Also Read: US Fed to hold rates at 23-year high-mark until inflation cools, slows pace of balance … Read more