Crude oil prices concluded the trading session with a slight increase, rising by 0.01% to reach Rs 7,614. This uptick was driven by escalating geopolitical tensions in the Middle East, which counterbalanced worries regarding the growing global supply. Market sentiment remained buoyed following reports that Iran has encouraged Yemen’s Houthis to brace for possible disruptions Read More
International Energy Agency
Crude oil prices concluded the session with a slight decline of 0.12% at Rs 9711, as market participants weighed the implications of tightening supply conditions against the backdrop of diminishing expectations for global demand. Market sentiment exhibited volatility following OPEC’s downward revision of its forecast for global oil demand growth in 2026. This adjustment aligns Read More

