Oil prices dropped more than 4% on Wednesday due to reports of Russia potentially lifting its diesel ban and weak gasoline demand in the US. Brent crude oil futures fell by 4.3% to settle at $87.04 per barrel, while US West Texas Intermediate crude dropped by 4.3% to $85.36. The decline in prices is coinciding with concerns about high interest rates and the global economy.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8VgOGCF
Subscribe to:
Post Comments (Atom)
Why 2 spice cos are in global regulatory soup
The spice industry is facing growth challenges due to regulatory actions against MDH and Everest brands for ethylene oxide contamination. Bo...
-
A woman, in her early 20s, was stabbed to death by a man in southeast Delhi's Bhogal area on Friday evening, following which the accused...
-
The Delhi High Court on Thursday dismissed the pleas of TTV Dhinakaran and VK Sasikala challenging the Election Commission's order grant...
-
Trading in stock markets this week will be majorly influenced by the upcoming quarterly earnings from IT majors TCS and Infosys, along with...
No comments:
Post a Comment