Crude oil prices experienced a significant increase in the prior session, closing 5.08% higher at Rs 8,788, driven by heightened supply concerns stemming from disruptions in the Strait of Hormuz, an essential global oil transit route. Restrictions on tanker traffic have compelled several significant Middle Eastern producers, such as Saudi Arabia, the United Arab Emirates, Read More
Crude oil prices experienced a notable increase in the prior session, closing 5.46% higher at Rs 7,316, driven by rising tensions in the Middle East that heightened fears of possible supply disruptions. The current conflict in the region has heightened investor concerns, especially with reported disruptions in shipping via the Strait of Hormuz, a vital Read More
Natural gas prices experienced a significant increase, closing up by 7.33% at Rs 352.9, as a severe Arctic blast caused the freezing of oil and gas wells and pipelines throughout the United States, resulting in production levels dropping to a two-year low. Frigid temperatures affecting extensive regions of the nation increased the demand for heating Read More
