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Crude Oil Prices See Biggest Weekly Drop in a Year Amid China Slowdown

By Editor - News Desk October 20, 2024
Business
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
Finance

Rupee Falls Below 84 Mark as FPIs Exit, Oil Prices Rise

By Editor - News Desk October 12, 2024
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) […]
Uncategorized

Crude Oil Prices Surge Amid Middle East Conflict Concerns

By Editor - News Desk October 6, 2024
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 […]

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