After repeatedly surging above $100 a barrel amid the Middle East conflict, oil prices have finally begun to decline, moving closer to the $75 level seen before the conflict. This week, crude oil prices fell below $80 for the first time since early March as expectations of a potential US-Iran deal boosted sentiment. Around 7am…
US stocks traded near record levels on Tuesday, as falling oil prices and optimism over the US-Iran peace deal boosted investor sentiment, pushing the Dow Jones Industrial Average to an intraday high.The Dow rose 360.77 points, or 0.70 percent, to 52,031.80 in morning trading, setting a new intraday record.The S&P 500 rose 7.49 points, or…
Oil was trading around $80 a barrel on Tuesday after weeks of turmoil in energy markets as chaos in the Middle East showed signs of easing. However, benchmarks were still trading higher than Monday, as details of the peace deal remain in shadow.At around 7:15am IST, WTI crude was trading at $81.12 a barrel, up…
Sensex today: Indian benchmark indices opened higher on Monday, tracking a rally in global markets after the United States and Iran finalized a deal to end their 107-day war and reopen the Strait of Hormuz, easing concerns over global oil supplies. BSE Sensex rose 1,197.32 points or 1.59 per cent to 76,725.27 in early trade….
File photo (Image credit: AP) Asian markets rose on Friday as investor sentiment improved on hopes of progress in US-Iran peace talks, although rising oil prices and continued uncertainty over the Strait of Hormuz overshadowed inflation concerns.Tokyo led regional gains, with Japan’s Nikkei 225 up more than 2 percent. Taiwan’s bourse rose about 1.5 percent,…
