Latest Updates Around The World
Brent crude has risen again to the $70 per barrel mark, hitting a six-and-a-half month high and catching markets off guard. The rally comes despite earlier concerns about a supply glut, as escalating geopolitical tensions have injected a new “war premium” into global oil prices.Australia-Trading.com CEO Peter McGuire says the sharp recovery has surprised many […]
The rupee fell by 10 paise to close at 89.98 against the US dollar on Thursday. This marked a weak start to the first trading session of 2026 as continued foreign fund outflows and subdued domestic stock market weighed on investor sentiment, PTI reported.Forex traders said the USD/INR pair moved within a narrow range during […]
The rupee appreciated 54 paise to close at 89.66 (provisional) against the US dollar on Friday, supported by corporate dollar inflows and falling crude oil prices. Forex traders said a positive trend in domestic equities and Brent crude oil prices hovering around USD 59 per barrel supported the domestic unit at lower levels. The gains […]
In a bold forecast for energy markets, JP Morgan has forecast that Brent crude could fall to the $30s by the end of FY27, driven by a widening global supply glut that easily outpaces demand growth. The investment bank’s latest outlook suggests that even if oil consumption rises steadily over the next three years, supply […]
The rupee fell 2 paise to 88.65 (provisional) against the US dollar on Friday, amid strong US currency against major foreign currencies and rising crude oil prices.A weak trend in domestic stock markets also weighed on the domestic currency, forex traders said. At the interbank forex market, the rupee opened at 88.61 and fell to […]
