brent crude prices

Oil drops for fourth straight session as hawkish US Fed stance weakens demand outlook; Brent at $81/bbl

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Oil drops for fourth straight session as hawkish US Fed stance weakens demand outlook; Brent at $81/bbl

Oil prices declined on Thursday, May 23, for the fourth session in a row, as the prospect of higher-for-longer US interest rates raised worries around demand growth in the world’s biggest oil market. High interest rates increase the cost of borrowing, which can slow down economic activity and dampen demand for oil. Brent crude oil … Read more

Week Ahead: Q4FY24 Results, FII activity, macro data, global cues among key market triggers this week

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Week Ahead: Q4FY24 Results, FII activity, macro data, global cues among key market triggers this week

The stock market experienced volatility throughout last week, ultimately ending nearly unchanged amid conflicting signals. While the overall sentiment was positive initially, fluctuations in global markets coupled with declines in certain major stocks offset much of the gains.  Also Read: US Fed to hold rates at 23-year high-mark until inflation cools, slows pace of balance … Read more