Crude oil prices exhibited an upward trend, concluding the session with a gain of 1.12% at Rs 5,240, as rising geopolitical tensions contributed to an increase in risk premiums, notwithstanding the mixed signals from inventory data. Unrest in the Middle East, characterized by Saudi air strikes in Yemen and Iran’s assertion of a “full-scale war” Read More
Crude oil prices experienced a modest increase, closing up by 0.34% at Rs 5,272, primarily driven by rising geopolitical tensions. Markets gained momentum from ongoing US initiatives to intercept oil tankers in proximity to Venezuela, as Washington escalates its pressure on President Nicolás Maduro’s government. While Venezuelan crude constitutes a modest portion of the global Read More
