Latest Updates Around The World
Brent crude oil prices rose Friday amid late-day short covering as investors worried about U.S. military action while President Donald Trump put pressure on the Islamic Republic to halt its development of nuclear weapons. Brent crude futures settled at $71.76 a barrel, up 10 cents, 0.14%. U.S. West Texas Intermediate crude ended at $66.39 a […]
Crude oil prices in West Texas fell on Wednesday as pressure from geopolitical tensions and an expected build-up in US crude inventories outweighed the temporary halt in production at two major fields in Kazakhstan. March WTI fell 79 cents, or 1.31%, to $59.57 a barrel by 0008 GMT. The contract rose 90 cents, or 1.51%, […]
London, January 15, 2026 – Oil prices extended losses on Thursday after comments from US President Donald Trump appeared to downplay the threat of imminent military action against oil producer Iran.After rising sharply in recent days, the key US oil contract, WTI, fell 4.6 percent to $59.18 per barrel after briefly falling more than five […]
Oil prices rose slightly on Tuesday as increased concerns about Iran and possible supply disruptions outweighed the prospect of increased supplies of crude from Venezuela. Brent futures rose 28 cents, or 0.4%, to $64.15 a barrel by 0101 GMT, hovering around a two-month high hit in the previous session. U.S. West Texas Intermediate crude rose […]
Crude oil ended 2025 with its steepest annual decline since 2020. Brent fell 19% and WTI 20%, closing around $60.85 and $57.42 per barrel, respectively. The dominant factor was oversupply; global output growth repeatedly exceeded consumption, allowing inventories to build in the second half of the year. Periodic geopolitical flare-ups (Israel-Iran in June, attacks on […]
Global commodity markets are witnessing sharp volatility as the annual rebalancing of major commodity indices triggers large-scale fund reallocations in precious, energy and industrial metals, said Mohammed Imran, Commodity Analyst at Mirae Asset Sharekhan.Speaking on ET Now’s Commodity Central, Imran said precious metals have already entered a corrective phase, with further downtrend likely due to […]
Oil prices rose on Friday after the US ordered increased economic pressure on Venezuelan oil shipments and carried out airstrikes on Islamic State militants in northwestern Nigeria at the request of the Nigerian government. Brent crude futures rose 24 cents, or 0.4%, to $62.48 a barrel by 0114 GMT. U.S. West Texas Intermediate (WTI) crude […]
Oil prices rose in early trading on Monday after the US intercepted a Venezuelan oil tanker over the weekend. Brent crude futures rose 44 cents, or 0.73%, to $60.91 a barrel by 0141 GMT, while U.S. West Texas Intermediate (WTI) crude rose 40 cents, or 0.71%, to $56.92. The US Coast Guard is also pursuing […]
The rupee witnessed high volatility in early trade on Wednesday as support from falling crude oil prices was offset by uncertainty over the India-US trade deal and continued foreign fund outflows. Forex traders said the main cause of the rupee’s weakness in December was persistent FPI selling in both the equity and debt markets, with […]
