Raw material radar: Why the chasing of the current rally of crude oil can be counterproductive-Anand Rathi expert claims that ‘selling’ rise

The price for crude oil witnessed a sharp peak on Wednesday, relieved due to the expectations of a lower than expected production increase by the OPEC+ in October. The futures on crude oil in October rose by 1.4% and reached the highest point of the day of RS 5,554 per BBL. The oil prices also […]

Asian shares mixed; Oil in the spotlight after the Ukraine meeting of Trump

Oil markets were in Focus after the meeting of President Donald Trump with the Ukrainian President VolodyMyr Zelenskiy, because traders weighed the potential implications for regional stability and energy flows. Crude oil remained stable after Monday’s win, because Trump said he was starting to arrange a meeting between Russian President Vladimir Putin and Zenskiy. Asian […]

Markets Watch: Pause Asian shares after Rally; Oil rises on Fed Cut Hopes – Times of India

Representative Image (Picture Credit: AP) Asian shares moved in a tight reach on Thursday, pausing after three days of profits fed due to growing expectations that the American Federal Reserve will lower the interest next month. Japanese shares withdrew from record levels, while South Korea and Australia pushed forward.The Japanese Nikkei 225 fell by 0.31% […]