International crude oil prices logged their biggest weekly decline in a year, with Brent crude futures falling by 1.87% to $73.06 per barrel and US West Texas Intermediate (WTI) settling 2.05% lower at $69.22 per barrel. Brent crude fell over 7% this week, marking its largest decline since
On Friday, the Indian rupee breached the 84-mark, closing at 84.06 against the US dollar due to sustained foreign portfolio investor (FPI) outflows and rising crude oil prices. The domestic currency hit an intra-day low of 84.07 before settling at this new record low. RBI’s Intervention Amid Rupee Weakness The Reserve Bank of India (RBI) […]
Crude oil prices saw significant gains in the latest trading session, driven by escalating tensions in the Middle East. Brent crude futures rose by 43 cents, or 0.6%, to settle at $78.05 per barrel, while US West Texas Intermediate (WTI) crude futures increased by 67 cents, or 0.9%, closing at $74.38 per barrel. The upward […]